Suburban Philadelphia Real Estate News

head_left_image

Cedar Grove Farms Real Estate Update

Cedar Grove Farms home prices have eased a bit but activity remains steady.

Cedar Grove Farms PASince the Cedar Grove Farms Market update last August, prices have eased while activity has remained steady. As we saw, in 2010 through August, there were 2 home sales with an average sales price of $631,000. There were no additional sales in 2010. In 2011 year to date, there have been three sales with an average sales price of $584,000. All three homes were 4 bedroom properties with final sale prices of $565,000, $589,850, and $600,000. Only one property had a seller's concession and it was only for $350.

Cedar Grove Farms Homes PAIn addition, there are currently 5 homes on the market ranging in price from $549,900 to $629,000. There are four 4 bedroom properties and one 5 bedroom with listed square footage ranging from 3032 sqft to 4364 sqft. The 5 bedroom home has a 3 car garage while the balance have 2 car garages.

Home prices and sales activity continue to hold up better here than in many local areas. With it's ideal combination of location, amenities, and pricing, Cedar Grove Farms should continue to be a great choice.

David Henke
Long & Foster Real Estate, Inc
Devon PA/Wilmington DE
Direct:610-618-0808 - Office:610-225-7400
www.DelawarePAHomes.com 

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

Comment balloon 0 commentsDavid Henke • June 29 2011 08:39PM
Cedar Grove Farms Real Estate Update
share
Cedar Grove Farms home prices have eased a bit but activity remains steady. Since the Cedar Grove Farms Market update last August, prices have eased while activity has remained steady. As we saw, in 2010 through August, there were 2… more
Cedar Grove Farms PA Market Update
share
Cedar Grove Farms is a private smaller community of single family homes located just off Cedar Grove Rd in Marple Township Broomall PA. Cedar Grove Farms is located just south of Cedar Grove Rd in Marple Township/ Broomall PA. The… more
Brookthorpe Hills PA Homes Update in Broomall Marple Township PA
share
Brookthorpe Hills, located in eastern Marple Township Broomall PA, continues to be a popular and stable housing choice in Delaware County. The community itself was built and expanded over many decades so it now encompasses several areas just… more
Lawrence Park PA Real Estate Update - Marple Township Broomall PA
share
The Lawrence Park PA real estate market in Marple Township Broomall PA is holding up very well. After taking a hit in both volume and pricing through 2008, Lawrence Park has stabilized with the average prices even increasing just slightly for… more
Split Level Homes on a Comeback
share
Times change, styles change, but in time everything old is new again. In architecture, we see the same cycles. After reaching a peak of popularity a half century ago and then falling out of favor, split level homes in the area are now again… more