Suburban Philadelphia Real Estate News


Springton Mews Homes Update - Marple Township Media PA

Springton Mews is a popular Springton Reservoir area townhome housing choice in Marple Township PA.

Springton Mews is a pleasant townhome community just north of the Springton Reservoir along Route 252. It is located just past the intersection of Rt 252 with Palmers Mill Rd about halfway between Newtown Square and Media in Marple Township. This location provides prime access to the major east-west corridors along West Chester Pike and Route 1 with easy access to the Blue Route/ I-495, I-95, Philadelphia, and Wilmington. It is also just moments from Rose Tree Park, the Granite Run Mall, and the commercial development along the West Chester Pike.

Springton Mews is a small community of 28 homes on a small cul-de-sac street. The development contains a nice mixture of 2 and 3 bedroom layouts. Their sizes range from just below 2400 square feet to over 3100 square feet. The homes have private garages, a nice open floor plan, and were completed in 1987.

Springton Mews Town Home Media PAAs would be expected, sales activity runs at a fairly leisurely pace. There were 4 sales in 2004 and between 1 and 3 sales each year through 2009 (no units sold in 2006 and 2010). Prices overall have been fairly stable with the smaller 2 bedroom units in the high $200s or low $300's while the larger units are in the mid to upper $300,000 range. In 2009 there were two 3 bedroom sales with an average price of $390,000 and there has been one 3 bedroom sale in 2011 for $365,000.

Today, there are three units currently on the market in Springton Mews. The one 2 bedroom unit is listed for $299,850 while the 3 bedroom units average $371,950. There are no homes currently under contract.

With its prime location, stable pricing, and luxury living, Springton Mews should continue to hold its value well and remain a popular choice in the area.

David Henke
Long & Foster Real Estate Inc – Devon,PA/Bear, DE
Office: 610-225-7400/Direct: 610-618-0808  

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

Comment balloon 0 commentsDavid Henke • September 12 2011 05:13PM


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