Suburban Philadelphia Real Estate News


Blairville Court Open House THIS SUNDAY - 8 Vista Dr New Castle DE 19720

8 Vista Dr Blairville Court New Castle DE

Beautiful 3 bedroom, 2.5 bath townhome with updated kitchen, large master, garage, and finished lower level with walk out.

Directions: Conveniently located on Route 13 about halfway between Tybouts Corner and the Route 13 / Route 40 split.

Blairville Court home pricing and sales activity stabilize at more competitive levels.

Blairville Court DEAs Buena Vista Park construction was completed, the adjacent property was developed as Blairville Court . This community offers 66 newer townhomes. Per the tax records, the first properties were completed in 1992 and the first section was completed in 1994. These properties were two story mostly 3 bedroom units with a few 2 bedroom properties having an average of 1250 sqft. The last homes developed in 1995-1996 were 3 story homes along Vista which added garages and additional space with most properties containing 1425 sqft.

Like Buena Vista Park, prices in Blairville Court were also impacted by the recession. The average sales price in the community peaked in 2006 when there were 2 sales with an average sales price of $185,000 (with only 4 days on the market). Blairville Court TownhomesPrices then declined until they appear to have reached a bottom in 2011-2012. In 2011 there were 7 sales averaging $102,000 with three of these being short sales (days on the market expanded to 149). In 2012 there were 2 sales averaging $92,000 with both being short sales. To date in 2013 there have been no sales but one two story property is under contract listed for $155,000 and one 3 story property is available for $190,000.

Blairville Court prices appear to have hit a bottom and may be rebounding as activity continues to strengthen in the area. Particularly the newest units with their larger size and attached garages should remain a preferred choice in the area.

David Henke
Long & Foster Real Estate Inc – Wilmington, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Comment balloon 0 commentsDavid Henke • April 11 2013 02:42PM
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