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.
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.