Main Line Real Estate, Haverford Township Market Report.
Haverford Township Market Report for second half of 2010 saw single family homes drop again in price per square foot price to $165, this is the second consecutive price drop for Haverford Township and whilst sales remain strong, 148 homes in the second half of 2010 prices are dropping. Compared to the same time periond in 2009 prices have dropped 9-10% per square foot.
Prices realized were 95% of asking price, comparable to local townships and property marketing periond was 91 days, which is pretty good in this market especially compared to other local townships.
Townhome numbers are a little skewed by the sales in Haverford Reserve, new construction in the township pushing the square foot price up to $177 per square foot. Property marketing stands at 98 days and again the asking price to net realized price were thrown off by the number of new construction homes sold as these often settle above asking with options included.
We have used net sales price, that is final sales price less any concessions given either for repairs or closing costs for this Main Line Real Estate Haverford Township Market Report.