Suburban Philadelphia Real Estate News

head_left_image

Wallingford PA SEPTA R3 Regional Rail Station

Wallingford PA SEPTA R3 Regional Rail Station Nether Providence PennsylvaniaWelcome to the Wallingford Station on SEPTA's R3 Regional Rail Line connecting Center City Philadelphia Pennsylvania with Media/Elwyn in Delaware County.

This is the only R3 Regional Rail stop in Nether Providence PA and is one stop west of Swarthmore and the second stop east of Media. It is a great location for suburban commuters in the area with easy drop off/pick up access.

The station itself is located in a largely residential area just east of Providence Rd/Route 252.  Route 252 is one of the major north-south routes in the county beginning in Nether Providence and continuing through Newtown Square up towards Paoli in Chester County.  There is adjacent parking but this is a popular stop with relatively limited parking so this is a better drop off location for local commuters.  South Media is just to the northwest, Furness Park is to northeast, Wallingford Elementary School is just to the south, and the Wallingford Township Office is southeast.  For a better feel, take a quick look at the video:

The prices for real estate in Nether Providence have held up fairly well.  The area contains predominately single family suburban homes.  After rising from an average sales price of $286,000 in 2005 to $326,000 in 2006, prices have been settling downward to $320,000 in 2007, $311,00 in 2008, and $307,000 over the last six months.  This is much better than many areas in Delaware County.   Activity has also dropped a bit from 198 homes sales in 2006 and 199 home sales in 2007 to only 163 sales in 2008 and 64 properties sold in the last six months.  There are currently an additional 14 properties under contract at an average list price of $341,000 and 97 properties on the market for an average list price of $391,000.

As always, should you have any questions, please do not hesitate to contact me.

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

Comment balloon 2 commentsDavid Henke • February 22 2009 08:45PM

Comments

Someone was standing on the railroad tracks... naughty, naughty, naughty. Now if you can get on teh train and do a video from either the front car or the rear car, I'll be really happy.

Posted by Not a real person over 10 years ago

All in due course!

Posted by David Henke, Realtor, Homes Just West of Philadelphia PA (Long & Foster Real Estate, Inc) over 10 years ago

This blog does not allow anonymous comments