Suburban Philadelphia Real Estate News

I just wanted to pass along a reminder emailed from The Borough of Folcroft concerning parking during snow storms.

Unlike other areas, Folcroft Borough does not allow you to "reserve" your spots by placing chairs in the street.  The Borough does plow all streets and any chairs will be removed so that they can plow all areas.  If they can remove all the snow, there should be plenty of parking for everyone.

The Highway Department concentrates on the snow emergency routes first and then covers the remaining streets.  It is also the residents' responsiblity to clear the back driveways and front sidewalks .

Borough Ordinance:

§15-704. Reserving Parking Spaces During Period of Snow.
It is hereby declared to be unlawful for any person at any time to
place or cause to be placed any item, whatsoever, for the purpose
of reserving parking spaces on any street in the Borough during
any periods of precipitation, whether or not a snow emergency
has been declared.
(Ord. 835, 12/10/1990; as added by Ord. 882, 3/13/1995, §4; and
As amended by Ord.990, 11/21/2006)

The Borough thanks you for your attention, and thanks to the Borough of Folcroft for doing a great job.

November is here, the leaves are falling, we are quickly heading toward the Holidays, and Folcroft Borough has recently released their Fall Schedule of Events.

The Folcroft Recreation Board has several FREE resident Holiday events already organized this fall.

Saturday November 21 from 12:00-2:00:
Ornament Workshop for all resident Borough children 10 and under.  They will be able to decorate their ornament for the holiday tree.

Saturday November 28 at 7:00
Holiday Tree Lighting Ceremony at the clock tower next to the Library on Delmar Drive.  The children can decorate the tree, Santa will be visiting, and you can enjoy singing holiday carols and some hot chocolate and snacks at the firehouse.

Sunday December 20 starting around 7:00
Annual Best Decorated House Awards will be held with judging on Sunday and winners will be announced on Monday.  Light up Folcroft with holiday cheer.

In addition, the highway department will be picking up leaves curbside beginning in late October through much of December.  They request that all the leaves be raked curbside and not bagged.  Please click here for the exact date and times for each street in the borough.

As always, please feel free to contact me anytime if you have any questios or need any additional information.

Today we're visiting the Folcroft Borough Station of the SEPTA R2 Regional Rail Line connecting Center City Philadelphia with Newark Delaware.

Folcroft is a great community incorporated in 1922 and conveniently located in southeastern Delaware County PA.  The station itself is located just east of the Primos Ave overpass (Primos Ave becomes Oak Lane as you travel further north).  It is the fifth stop west of 30th Street Station, with a 15 minute scheduled travel time to downtown.  The SEPTA R2 line actually parallels the main Amtrak Northeast Corridor rail lines from Center City through Newark DE, although Amtrak does not currently stop here.  The station also offers easy connections with several bus routes and has parking and plenty of space for pick up or drop off of passengers.  The video will provide a better view:

Immediately adjacent to the station there is a mix of single family homes, twins, and rows.  Throughout the borough, row homes are the most common construction and the largest development is Delmar Village to the south.  Like most areas in Delaware County and Suburban Philadelphia, the prices here have been drifting down for the last couple years.  The average sale price in 2007 was $129,000 which dropped to $118,000 in 2008, and to $92,000 so far this year.

Needless to say, activity has also taken a hit recently due to the overall economy.  There are currently 40 homes listed as active on our MLS with 5 pending and 44 having been sold in the last six months.  At this rate you are currently looking at almost six months to absorb the current inventory.  The average price for those listed is $137,000, while the 44 that have settled have averaged $116,000 (the 5 pending homes have an average list price of $114,000). 

With the economic stimulus bill that is now working its way through Congress, this area of Delaware County could be one of the first to benefit.  Being only minutes from the Philadelphia International Airport and I95 by car and with its convenient location on the R2 Rail Line, it retains many advantages as a place to be called home and one of the first that many buyers consider.

As always, if you need anything, please do not hesitate to contact me anytime for any questions just west of Philadelphia Pennsylvania.

(All statistics from the TrendMLS System and believed correct but not guaranteed)

David Henke