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.
Berwyn study group ponders size, shape of village
Easttown Township’s Berwyn study group is attempting to better define the village of Berwyn. Ultimately, the goal is to make the village, which has a population of 5,000, a more viable place to live, preserving and changing where necessary, and updating ordinances with the support of the community. A meeting to solicit public input has been scheduled for Tuesday, Sept. 20, 7 p.m. at Trinity Presbyterian Church in Berwyn.
Bryn Mawr 19010 (Delaware County/Radnor School District) 3 Bed, 1 Bath Ranch on 1.38 acres
Huge deficits seen for Radnor schools
Radnor Township School District must face “brutal facts,” including what some officials say is a “structural problem” with how the district is funded and how it spends money according to Superintendent of Schools Linda Grobman. For example, by the year 2015-16 the school district could spend almost the same amount on benefits as it will on salaries, according to a five-year budget outlook. Despite “significant” staff and teacher layoffs and furloughs [Read more...]
Complicated “five points” intersection in Bryn Mawr to receive makeover
A collaborative effort between Bryn Mawr Hospital, Radnor and Lower Merion Townships will makeover the dangerous “five point” intersection of Glenbrook Ave., County Line Rd., and Bryn Mawr Ave. Area merchants are not happy with the plans, which local officials say are necessary to protect the public. The area has seen over 27 accidents in the past three years. Bryn Mawr Hospital has contributed $610,000 to the project with Radnor and Lower Merion adding $350,000. The project is expected to begin in February 2010.
New zoning and building regulations approved for Garrett Hill
In October 2007 about 60 Garrett Hill residents stormed into Radnor Township’s offices demanding they be part of a proposed plan to change the zoning and subdivision regulations for their small enclave. In October 2008 a scheduled vote on proposed changes that a steering committee of residents crafted was delayed due to concerns by members of the business community that their properties would be negatively affected.
One year later, on Monday night, Radnor’s Board of Commissioners voted to [Read more...]
Easttown residents oppose ‘nuisance taxes’
Facing a forecasted operating deficit of as much as $1 million for 2010, Easttown Township has been exploring the implementation of one or more Act 511 taxes (often called “nuisance taxes”), including an earned income tax — an unpopular revenue-generator in Southeastern Pennsylvania. Many of the 250 residents who attended the township supervisors meeting told the board that it should consider cuts before raising existing property taxes or implementing new taxes. According to numbers generated by tax-collection companies, the township estimates that a 1 percent Earned Income Tax could generate more than $3 million in 2010. However [Read more...]
