Tredyffrin Easttown Real Estate - May apartment sales

By
Real Estate Agent with Long & Foster Real Estate Inc 610-225-7400 PA License - AB067198

Tredyffrin Easttown Real Estate - Apartments and Condo Sales

Tredyffrin saw a lot of activity over the month of May with Easttown recording one sale in Devon Green of a 2 bed 2 bath apartment for $248,000.

This is normal as Tredyffrin Township carries many more apartments and condos than Easttown.

May 2017 apartment sales data TE

There are 12 apartments listed for sale priced between $150,000 to 250,000 with an average of these listings being on the market for 15 days. Of these listings 5 are under contract leaving 7 for sale.

There are 17 listings pending settlement all in Tredyffrin Township with prices ranging from $139,900 to $575,000, the average time for these to be on the market are 53 days, pushed up by the highest priced unit which has been marketed for 240 days.

In May 17 apartments settled with priced ranging from$125,000 to $248,000 with average days on markets being 31. This number was again inflated by the highest price unit which has been marketed for 135 days. Following price reductions homes sold at 97.1% of their last price and 96.5% of  the original list price.

With the numbers of apartments and condos selling, the number currently on the market for sale does not meet demand, so we can expect to see multiple offers for units coming on that have been priced correctly and prepared for sale. We can also see that buyers are not rushing to pay top price in this market and the higher priced units are taking much longer to sell than others.

Remember if you are interested in selling or purchasing a Tredyffrin Easttown apartment or condo contact Nick Vandekar, Tredyffrin Easttown Realtor with Long & Foster Real Estate Inc. Nick@VandekarTeam.com, office 610-225-7400, cell or text 610-203-4543. We can prepare a specific plan for you and your real estate goals.

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Nick Vandekar
Nick is a Tredyffrin Easttown Residential and Commercial REALTOR selling The Main Line, Chester, Delaware and Montgomery Counties.

Giving you the confidence to make
the right decisions.

92 Lancaster Avenue
Devon , PA 19333
SellingTheMainLine.com
Mobile: (610) 203-4543 [call or text me]
Email Me

 

My Blog

   

If you are buying or selling on or around
Tredyffrin Easttown or along the Main Line, 
we can help you, contact us.

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Tags:
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Rainmaker
3,356,309
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Thanks for sharing this market information...Happy Monday to you!

Jun 05, 2017 07:29 AM #1
Rainmaker
3,405,650
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nick & Trudy Vandekar, always like to see market report from other states.  I would say you are 3 weeks out for hitting 500,000.  Hurry up!

 

Jun 05, 2017 07:35 AM #2
Rainmaker
3,251,232
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nick and Trudy

The thanks for sharing the May 2017 Apartments -Sales for Tredyffrin - Easttown Pennsylvania real estate market.

Good luck and success.

Lou Ludwig

Jun 05, 2017 07:24 PM #3
Rainmaker
5,772,444
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good information to share with families on the move.

Jun 08, 2017 06:20 AM #4
Rainmaker
4,798,469
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Nick and Trudy.  Thanks for keeping us informed about the Tredyffrin Easttown apartment sales.

Jun 09, 2017 04:34 AM #5
Rainmaker
912,161
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Kristin Johnston - REALTOR® thanks for stopping by and commenting.

Will Hamm yeah it is there floating just out of reach...tempting me to post and comment more often.

Lou Ludwig thanks for stopping by and commenting.

Roy Kelley these are often our first time buyers opportunities to buy in a top ranked school district.

Thank you Gabe Sanders the first step on the rung for many buyers and where many who are downsizing end up buying.

Jun 09, 2017 04:41 AM #6
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Rainmaker
912,161

Nick Vandekar, 610-203-4543

Tredyffrin Easttown Realtor, Philly Main Line
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