Suburban Philadelphia Real Estate News


Stability in Westbrook Park PA?

Westbrook Park Entrance Upper DarbyIf you are looking for a bit more stability in this volatile market, you may want to check out your options in Westbrook Park.  Conveniently located in Upper Darby and Clifton Heights Pennsylvania, the community has always been a popular housing alternative.  It is located close to Bishop Avenue, Springfield Avenue, and Baltimore Pike with easy access to both rail and highway connections and adjacent to the Westbrook Park Elementary School and Scullion Park/Westbrook Park Youth Association.  These row homes offer great space at an affordable price. 

Currently there are 14 homes showing as active on the market averaging $158,000 and topping out at $179,900.  Most homes in the community have three bedrooms and one bath, but many have been upgraded with a second bath and in some units a fourth bedroom.  Three homes are currently shown as pending with an average price of just over $165,000.

As we have seen in many areas throughout Delaware Westbrook Park Row Upper Darby PACounty, prices have declined slightly.  The $152,000 average sales price for 2008 was down about 4% from the $159,000 average level of 2007.  Sales were also down 23% to 62 units for the year from 81 units in 2007.  The homes currently on the market have an average of 98 days on the market, but at the current sales rate the inventory should be absorbed within a three month period.  In 2008, the average days on the market was 61 days; this was up from the 47 day average in 2007.

Westbrook Park should continue to be a popular housing choice.  The pricing and sales activity continue to be fairly strong - certainly as compared to other communities in the region.  With its convenient location, solid housing, and reputation, this would probably be one of the earliest communities to benefit from any uptick in activity.

(All information is from the TrendMLS System as of 1/20/09 and believed to be correct but not guaranteed.)

Comment balloon 0 commentsDavid Henke • January 20 2009 08:12PM


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