Tredyffrin Easttown Real Estate May 2017 $5-600,000

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

Tredyffrin Easttown Real Estate May 2017 Single Family Homes $500-600,000

May was an odd month for sales in this range with only one house settling but with plenty of action and many homes going under contract and with plenty of pending sales.

Tredyffrin Easttown May 2017 Sales data

As can be seen the house which settled took 48 days to sell was originally priced at $639,000 and sold for $585,000 after a price reduction to $599,000, this house was in Tredyffrin Township. 

There are 16 homes with pending status, 2 in Easttown and 14 in Tredyffrin Township, prices range from $524,500 to $600,000, both the lowest and highest priced homes are in Tredyffrin with the two Easttown homes falling in the middle range. Average days on market for pending homes is 52.

What is the difference between "Days on Market (DOM) and Property Marketing Period (PMP)?

Days on market is the days for this multiple listing identification number, property marketing period is the days for a specific address unless a property is withdrawn for more than 30 days. Why is there a difference? Many agents will re-list a property when they reduce the price so they can say their statistics are such and such of original listed price when it sells, sometimes a seller will change agents and does not want to wait 30 days to re-list their property.

Currently there are 19 homes actively for sale of which 4 of these are under contract, 3 in Tredyffrin and 1 in Easttown Township. Prices range from $500,000 to the top of our range $600,000. The average number of days for these homes to be listed is 86.

Whilst inventory is generally thin, some areas of the market have plenty of homes available. Some may have been on the market longer and not be attracting so much interest and may be open to an offer. At the same time moving quickly and being prepared to make a quick offer with all your mortgage documentation ready can help you be successful in getting an accepted offer.

If you are thinking of selling or looking for a home in Tredyffrin Easttown School district 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. Check out our website www.SellingTheMainLine.com

 

Posted by

 

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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Rainmaker
1,041,283
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I would love to see a "PMP" as part of our market stats. Yes, we can figure it out but it's a great tool to have at a glance. Liked your report too!

Jun 08, 2017 05:10 AM #1
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Great Tredyffrin Easttown real estate market report, Nick!  

We have 'cumulative days on market' (CDOM) as part of our data (like your PMP) and it really does help to show our sellers (and buyers alike) the REAL data. They see the national (syndication sites) which only show DOM and are often fooled by the averages until they see the 'real' data!!

Jun 08, 2017 05:36 AM #2
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 real estate market.

Jun 08, 2017 05:39 AM #3
Rainmaker
3,400,252
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nick & Trudy Vandekar,  Always love to see what reports are looking like in other area.  Make it a great day.

 

Jun 08, 2017 06:04 AM #4
Rainmaker
5,764,539
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families moving to the area will appreciate your local real estate market reports.

Jun 08, 2017 06:19 AM #5
Rainmaker
2,133,506
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Nick and Trudy - thank you for the education on your market.  Buyers and sellers would be wise to contact you for the best market intelligence.

Jun 08, 2017 07:43 AM #6
Ambassador
3,248,022
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I appreciate you showing us your 500 to $600,000 price range and market trend Nick & Trudy Vandekar, 610-203-4543 

Jun 08, 2017 02:04 PM #7
Rainmaker
907,298
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Kevin J. May it is great to see easily, yes you can check the public records but this makes it quicker.

Debe Maxwell, CRS like all tools you need to know how to use it correctly.

Gabe Sanders thanks for stopping by. You are an example of producing market reports on a consistent basis.

Will Hamm I agree, interesting to see what is happening around the country.

Roy Kelley thank you.

 

Jun 08, 2017 02:52 PM #8
Rainmaker
907,298
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Grant Schneider thank you for your comment.

Paul S. Henderson, CRS, REALTOR®, always interesting to see the similarities around the country or differences.

Jun 08, 2017 02:53 PM #9
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great Market report on Tredyffrin-E-real-estate-may-2017--5-600-000 call Nick & Trudy Vandekar, 610-203-4543  They certainly know the marketplace

Jun 08, 2017 03:27 PM #10
Rainmaker
3,251,000
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nick and Trudy

The $500,000 to $600,00 real estate market in Tedyffrin -Easttown Pennsylvania is a very active market.

Good luck and success.

Lou Ludwig

Jun 08, 2017 06:42 PM #11
Rainmaker
907,298
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Hannah Williams thank you

Lou Ludwig it is active we have been busy, thank you for commenting.

Jun 08, 2017 07:05 PM #12
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Whata  good explanation of real estate lingo. I hope you have a really nice rest of the week.

Jun 08, 2017 08:44 PM #13
Rainmaker
3,329,217
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Nice to read how your Tredyffrin Easttown market is doing in the 5-600,000 range. Consumers like to know all about their area of interest.

Jun 09, 2017 06:16 AM #14
Rainmaker
907,298
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Debbie Reynolds looks like the weather is improving so will get some exercise in and follow up on some preparations for a settlement next week.

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 this part of the market has been busy for a while, I was surprised how few settlements there were in May but we have a large number of pending sales which will probably settle this month.

Jun 09, 2017 06:44 AM #15
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Rainmaker
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Nick Vandekar, 610-203-4543

Tredyffrin Easttown Realtor, Philly Main Line
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