Bidding wars? Time on market less than 2 weeks? February continued to indicate that the housing market is gaining strength. For the 3rd straight month, both Pending and Settled listings were at a 4-year high. Pending listings were 29% higher than the previous year for the 2nd straight month, while Settled listings were more than 10% higher. Furthermore, the housing affordability index has broken the 200 mark, meaning the typical family has roughly double the income needed to purchase a median-priced home. The problem for Buyers will occur at the peak of the spring market. In most neighborhoods in the Philadelphia suburbs, there will be a few weeks or a month this spring when the greatest flurry of Buyers will be buying. For that period demand will exceed supply. You will know it is happening when every house you look at sells quickly and most have multiple offers on them (already beginning to happen). During that period prices will peak and Buyers will be forced to pay a premium. Good Hunting!
602 Midland Circle, Berwyn PA 19312 (Chester County – Tredyffrin-Easttown School District) 3 Bedroom, 1.1 Bathroom Split Level on 1 acre Cul-de-sac
602 Midland Cir, Berwyn, PA 19312 (MLS # 5993019)
(all data current as of 5/19/2012)
| Price | $399,900 |
|---|---|
| Beds | 3 |
| Baths | 1 full, 1 half |
| Home size | 1,868 sq ft |
| Lot Size | 43,560 sq ft |
Main Line (Tredyffrin-Easttown) split-level on 1-acre cul-de-sac offers privacy and modern amenities. Open-layout features new kitchen (2008) with bar, pendant lighting & granite countertops with access to 3-season room. New bathroom (2009) boasts separate stall shower and bathtub. Hardwood floors throughout. Lower-level features family room, storage room, laundry area with sink and powder room. New "energy-efficient" roof (spring 2012). Walk-up unfinished attic. Walk to SEPTA train, library, and Berwyn eateries. Short drive to Wegman's/Trader Joe's/Whole Foods, Valley Forge National park, and King of Prussia Mall. Conveniently located to major roadways and airport.
Property Type(s): Residential, Residential / Single Family Home
| Last Updated | 5/18/2012 | Tract | n/a |
|---|---|---|---|
| Year Built | 1955 | Community | Easttown Twp |
| Garage Spaces | n/a | County | Chester |
| Total Parking | n/a | Walk Score ® |
60
|
Schools
| School District | Tredyffrin-Easttown |
|---|
Location
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Listing with: RE/MAX Advisors
12 Esprit Terrace, Wayne, PA 19087 (Montgomery County – Tredyffrin Easttown School District) 3 Bed, 2 Bath Main Line Townhouse
We're sorry, but we couldn't find MLS # 5975619 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
4 Metropolitan Philadelphia Towns Named to 2011 Money Magazine’s “Best Places to Live”
- #25 – West Goshen (Chester County)
One of Philadelphia’s Main Line suburbs, Ardmore is just a few minutes from the city by rail; many residents work there. Many colleges, including Villanova University and Bryn Mawr College, are located nearby, giving residents easy access to still more cultural events. And there’s a growing arts scene right in town, not to mention an historic downtown and lots of shopping. A new park recently opened for residents.
- #31 – Horsham (Montgomery County)
Settled by Quakers in the 1600s, this historic town in Montgomery County lies within easy commuting distance of Philadelphia. Two other pluses: Low crime and good schools. Residents are proud of their 25,000-square-foot library, which opened in 2004. One negative: A naval air base here was shut down in 2011, causing some job losses. But the corporate headquarters of several large companies, including Nutrisystem and Toll Brothers, are still here.
- #45 – Ardmore (Montgomery County)
One of Philadelphia’s Main Line suburbs, Ardmore is just a few minutes from the city by rail; many residents work there. Many colleges, including Villanova University and Bryn Mawr College, are located nearby, giving residents easy access to still more cultural events. And there’s a growing arts scene right in town, not to mention an historic downtown and lots of shopping. A new park recently opened for residents.
- #59 West Norriton (Chester County)
History buffs appreciate that West Norriton is less than five miles from Valley Forge. Commuters appreciate that it is 25 miles northwest of Philadelphia. And parents love that they can let their kids play outside without monitoring their every move: violent crime here is low and property crime unusual. Homes in West Norriton are also affordable for the East Coast: The median price is just over $200,000.
Congratulations to the residents, businesses and public officials for making these terrific small towns stand out in the qualities American families care about most – great job opportunities, top-notch schools, safe streets, economic strength, nice weather, plenty to do, and more. What makes your hometown, well, home? Leave a comment below.
[UNDER CONTRACT] 475 W Glenrose Rd, Coatesville, PA 19320 (Chester County/Octorara School District) 4 Bed, 3.5 Bath on 21.4 acres Foreclosure
We're sorry, but we couldn't find MLS # 5998703 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
Owen J. Roberts superintendent resigns
In a surprise move, Owen J. Roberts Superintendent Joel DiBartolomeo resigned his post effective Oct. 7. His contract was to expire June 30, 2014. OJR School Board President John W. Stone stressed that the resignation is a mutually agreeable separation and that the board will not divulge DiBartolomeo’s reason for leaving. DiBartolomeo was hired in Nov. 2009 by the previous school board as a replacement for terminated superintendent Myra Forrest. Assistant Superintendent Kathryn Soeder will serve as “substitute superintendent” until a replacement is appointed.
1150 Newark Rd, Toughkenamon, PA 19374 (Chester County/ Kennett Consolidated School District) 4 Bed, 2 Bath Foreclosure
We're sorry, but we couldn't find MLS # 5973564 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
717 Bicking Dr, West Chester 19382 (Chester County/West Chester School District) 3 Bed/2.5 Bath Cul-de-Sac Split Level
[property_details details="1"]
West Chester Stetson/Rustin 3 Bed 2.1 Bath Split-level on cul-de-sac. Formal living & dining room with hardwood floors. Eat-in kitchen. Family room with fireplace and slider to 3 season porch. Master suite with walk-in closet and full bath. ***This is a bank-owned property. Seller makes no representations or warranties as to the condition of the property, improvements or appurtenances. The property will be sold “AS-IS, WHERE-IS”. Seller’s disclosure exempt. Corporate addenda applicable. Financing incentives available through GMAC Mortgage for borrowers purchasing this property; call for details.***
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West Chester schools approve tax increase
The West Chester Area School Board on Monday night approved a 2010-2011 budget that includes a 2.83 percent property tax increase. The average increase for the district’s Chester County residents will be $98, while the average increase for its Delaware County residents will be $28, according to district officials. The average tax bill in the district’s Chester County portion, where the average assessed home value is $189,950, will be $3,343; the average tax bill in the district’s Delaware County portion, where the average assessed home value is $289,443, will be $3,980. The district finance committee two weeks ago recommended a budget that included a 3.3 percent tax increase. Board member Maria Armandi Pimley on Monday proposed an amendment to that recommendation that brought the increase to 2.83 percent, and five of the eight board members present voted to accept her amendment.
