Suburban Philadelphia Real Estate News

head_left_image

East Lansdowne PA History & Homes Market Report

Welcome to East Lansdowne PA in eastern Delaware County.

East Lansdowne PA Delaware CountyEast Lansdowne is one of the smaller Boroughs in Delaware County PA which is surrounded by Upper Darby located just west of the City of Philadelphia boundary and east of Lansdowne Borough.  It is a largely residential community with a small commercial area along Baltimore Pike and Long Lane.

The borough originally was part of Upper Darby, when development began on a former farm purchased from the Smith Family in 1902.  The development was named East Lansdowne and with its great site and easy development terms, building quickly began with 30 homes built in the first year.  The town was incorporated and separated from Upper Darby on June 3, 1911.  East Lansdowne PA Community CenterBuilding continued rapidly with the land mostly built out by the 1940s.  Today, the Borough is filled with tree lined streets with "an abundance of Victorian Vernacular, Craftsman Bungalow, and American Foursquare styles of homes, present in both twins and singles, illustrating the fashion and themes of early 20th century residential architecture."

As seen throughout the county in real estate, home sales prices and activity have eased due to the economy, but activity rose in 2009.  Average prices first broached the $100,000 level in 2004 after activity peaked with 53 home sales in 2003.  The average price continued to rise until 2007 with 35 sales at an average sales price of $154,000.  This activity then eased to 19 sales at an average price of $122,000 in 2008.

East Lansdowne Homes PAIn 2009, activity rose to 27 sales, but average prices continued to drift to $111,000 as  prices continued to be affected by foreclosures in the area.  Today, there are 2 properties now under contract for an average price of $84,000 and an additional 23 currently on the market for $144,000.

With the wide variety of available properties, great location, and strong sense of community, East Lansdowne PA should continue to be a popular choice in eastern Delaware County.  With a more stable economy and the continued tax incentives, prices and activity should remain solid as we continue into 2010.

As always if you have any questions, need any additional information, or are considering a move in the area, please do not hesitate to contact me anytime.

 

***********************************************************************
Thinking of a move to East Lansdowne PA - Be sure to visit 59 Penn Blvd:
59 Penn Blvd East Lansdowne PAStraight Thru DesignBreakfastroom Built-Ins 59 Penn East LansdowneSpacious Private Rear Yard 59 Penn Blvd East Lansdowne PA

 

 

 

 

***********************************************************************

David Henke
Long & Foster Real Estate Inc - Newtown Square,PA/Bear, DE
Office: 610-353-1199/Direct: 610-359-3853/Cell: 610-618-0808
www.DelawareCountyPennsylvaniaHomes.com

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

Comment balloon 0 commentsDavid Henke • January 12 2010 11:16PM
East Lansdowne PA History & Homes Market Report
share
Welcome to East Lansdowne PA in eastern Delaware County. East Lansdowne is one of the smaller Boroughs in Delaware County PA which is surrounded by Upper Darby located just west of the City of Philadelphia boundary and east of Lansdowne… more