Welcome to Ridley Park PA. The Borough of Ridley Park contains two SEPTA R2 stops - one in the downtown area and a second in Crum Lynne located in the southwest portion of Ridley Park Borough.
The Crum Lynne PA SEPTA R2 Regional Rail Station is located at the overpass of the main line tracks at Chester Pike/ Route 13. This is primarily a local commuter drop off station with only a handful of parking spaces on the southbound side and no parking adjacent to the northbound side. This location is also the closest to the Boeing plant but is not within easy walking distance. The station is located just a few blocks south of Ridley Lake and there are many residential homes within easy walking distance. This can best be seen in the video:
The real estate market has been very active here over the last few years. In the immediate area, there is a nice mix of single family homes and twins with just a few condos. Prices peaked in 2006 at an average price of $235,000 with 31 sales. In 2007, activity peaked with 43 sales at an average price of $232,000. In 2008, activity and pricing both declined with only 21 sales averaging $216,000. In 2009 year to date, there have only been 6 sales with an average $195,000 sold price.
Today there are an additional 13 homes currently on the market with an average asking price of $221,000. Individually, they range from a low of $129,000 for a row home on Chester Pike to a $299,999 grand Victorian. There are also an additional 7 homes under contract with an average list price of $194,000.
With easy access to Chester Pike, this could be a convenient commuting option but with limited parking it remains primarily a local walk up/drop off station.
As always, if you need any additional information or have any questions about real estate in the area, do not hesitate to contact me anytime.
(All statistics per the TrendMLS System and believed accurate but not guaranteed)
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