Deer Crossing is a nice small newer single family community in Upper Chichester Delaware County PA currently offering some great values.
Deer Crossing is a small single family home development of 30 planned homes. The community is located in Upper Chichester Township just east of Chichester Ave between I-95 and Route 322 / the Conchester Highway. From I-95, Chichester Ave is the first exit in Pennsylvania north of the state line. Deer Crossing is to the north after passing through Boothwyn and just beyond the Upper Chichester High School. This is an ideal location for commuting into Delaware, Philadelphia, and much of Delaware County.
Built by Mullray Builders, Deer Crossing construction began in 2005 with new home sales continuing from 2006 until recently. All the homes were 4 bedroom 2.5 bath properties ranging in size from 2500 to over 3500 square feet depending on the options and amenities. The lots were designed to be 1/4 acre plus to create a nice convenient neighborhood. There is some public space toward the entrance as well as a separate playground area for children in the community.
Deer Crossing was designed to be built with base pricing starting in the mid $300s. Reported pricing per the tax records began in the low $300s and ranged up to just below $500K. Not all properties were reported to the MLS and there have been limited resales, but average pricing reported on the MLS between 2006 and 2010 ranged from $368,000 to $424,000. Prices took a hit in 2011 with 1 sale for $296,000. Prices recovered a bit with 4 sales in 2012 averaging $318,000 and 2 sales in 2013 year to date averaging $320,000. Today there are also 2 homes on the market with an average asking price of $294,000.
With the recent pull back in pricing, Deer Crossing offers some tremendous values today. With it's location, amenities, and stronger real estate market, Deer Crossing should continue to be a popular choice going forward.
David Henke
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808
www.DelawarePAHomes.com
(All statistics per the TrendMLS System and believed accurate but not guaranteed)
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