Haverford Hill Condo Update Haverford PA 19083

By
Real Estate Agent with Long & Foster Real Estate, Inc

The Haverford Hill Condos have continued to be a popular housing choice in Delaware County PA, but prices have fallen.

Haverford Hill CondosSince the last update on Haverford Hill in 2011, prices have weakened considerably resulting in increased activity. For the two bedroom condos, in 2011 there were 4 sales with an average settled price of $120,000 (down from an average $143,000 in 2012). Average prices then declined to $98,000 with 5 sales in 2012, and then $89,000 with 8 sales in 2013. In 2014 year to date, there have been 5 sales averaging $108,000. In addition, there are three 2 bedroom units on the market with an average asking price of $110,000 and one with a list price of $185,000. Two properties are under contract with an average list price of $92,000. With the average pending prices lower than settled year to date, the average price for the year should fall from the $110,000 level.

For the one bedroom units, in 2011 there was only one sale for $94,000. This then fell to 3 sales averaging $65,000 in 2012 and no sales were listed for 2013. In 2014, year to date, there have been 5 sales with an average sold price of $66,000. There are also 2 units on the market with an average list price of $75,000. 

There have also been several scattered 3 bedroom sales with pricing form $80,000 to $135,000.

Overall the pricing and activity in the Haverford Hill condos has tracked the activity seen in much of the county except that the fall in pricing occurred later here than seen in many other individual communities. It appears though that pricing and activity have stabilized or strengthened as we have moved through 2014 and it is expected that it should remain solid going forward.

As always, if you have any questions or would like to visit the area, please contact me anytime.

 

 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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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Christopher Rydbom 11/14/2014 07:46 PM
Topic:
Real Estate Market Trends
Location:
Pennsylvania Delaware County Havertown Haverford Township
Tags:
haverford hill condominiums havertown pa
haverford hill condominium homes pa
haverford hill condos havertown pa
haverford hill condos
haverford hill havertown 19083

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Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

David - Thanks for the great report on Haverford Hill Condo update Haverford, Pennsylvania.

Nov 14, 2014 09:40 AM #1
Rainmaker
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Suzanne Strickler
Realty Mark Associates - Havertown, PA
School is never out for the Successful.

David Henke ~ You have an eloquent reporter style to your writings. Much appreciated post.

Apr 22, 2015 04:49 AM #2
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David Henke

Realtor, Homes Just West of Philadelphia PA
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