Chester County Real Estate~Comparable Sold Property
March 20th, 2009 categories: Chester County, Delaware County, Financial, Home Buyers, Home Sellers, Montgomery County
Chester County Real Estate Comparable “Sold” Properties
Comparable sold properties are the “bread and butter” of successful buying and selling
homes in Chester County and the Main Line Pa area, or anywhere else. Get it wrong and your real estate bread is likely to wind up butter side down!
Why do Realtors® talk about Comps, Comparables, House Values, Comparative Market Analysis, CMA’s? What the heck is a Comparable anyway?
10 Comparable “Price The House Right” Success Tips:
- *same style home (2 story Colonial, Split Level, Cape Style, Ranch Style, Contemporary Style, French Style, Bi-level Style, town home, condos)
- *same number of bedrooms and baths
- *same interior square footage
- *same size lot and similar location
- *same condition of amenities
- *same neighborhood, township
- *garage or not
- *central air or not
- *same school system
- *same age
Comparable means, similar or substantially the same. Since no house or real Read the rest of this entry »
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First Day Of Spring Free At Ritas Water Ice
March 19th, 2009 categories: A Realtors Life, Chesterbrook, Fun Things To Do, Home Buyers
Rita’s Water Ice – A Realtor’s And A Home Buyer’s Oasis
Home buyers in Chester County from Rita’s Water Ice in Chesterbrook, Tredyffrin to Paoli to Frazer or Exton, Downingtown or West Chester sometimes need to take a break from our house hunting work, so I often keep an eye out for Ritas Water Ice.
FREE Rita’s Water Ice on the First Day of Spring, Friday March 20th 2009:
An 
annual tradition that you won’t want to miss. From 12 Noon to 10pm Rita’s Water Ice will offer FREE Water Ice to help us celebrate the First Day of Spring. Find a participating Rita’s Water Ice near you just by entering your zip code. Rita’s has 500 locations in 17 states. Some locations offer catering for parties (join the Birthday Club) and corporate events.
Rita’s Water Ice is a favorite treat of the little people in my family as well as my clients. Read the rest of this entry »
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Downingtown Homes Market Report 19335 Feb 2009
March 17th, 2009 categories: Chester County, Home Buyers, Home Sellers, Market Trends
Downingtown Homes Real Estate Market Report For 19335
How long has this home been on the market? That’s a question every Chester County Main Line Pa home buyer likes to ask.
Days On The Market for Downingtown homes and real estate:
Good news for Downingtown home sellers is that DOM has actually dropped -10% from 78 Days On Market to 70 Days On Market for Downingtown 19335 homes under contract.
A nice St Patricks Day good luck sign for the Downingtown Spring real estate market.
The Downingtown Real Estate Months Supply of Inventory, MSI (represented by the broken line in our graph) is up +67% from 6.2 MSI in February of 2008 to 10.4 MSI in February of 2009. However the direction is down from a peak in November/December 2008 as you can see in this graph of the Average Days On The Market for Downingtown homes Under Contract.
Comparing Downingtown homes for sale, Downingtown Pa homes under contract, Downingtown Pa homes sold information to February of 2008 shows a healthy real estate market – Downingtown Homes Median Under Contract Prices up +8%.
The actual Downingtown Homes Sold Price comparison between February of 2009 to February of 2008 remained level but the increase in the Under Contract Price indicates a good upward swing for the Downingtown homes real estate market.
Downingtown Homes For Sale Contact or call Judy Peterson, 610.889.5509 Prudential Fox and Roach Realtors for you own custom list of Downingtown Homes For Sale or request a Market Analysis for your Downingtown Home to determine a competitive selling price for your Downingtown home. Read the rest of this entry »
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Malvern Real Estate Report 19355~February 2009
March 12th, 2009 categories: Chester County, Market Trends
Malvern Chester County Pa Real Estate Market Report For February 2009
Supply and Demand
Our Malvern Pa Real Estate Market Report is a snapshot of real estate activity in 
Malvern Chester County Pennsylvania for zip code 19355 comparing February 2008 to February 2009. We see a real estate market that is moving to an upswing. The Graph depicts Median Malvern Homes Sold Prices (green), Malvern Homes Under Contract Prices (blue) and Malvern Homes For Sale Prices (red).
As for most of our markets, the story is in the Number of transactions. The Number of Malvern Homes For Sale is down 19% from 223 homes for sale in February of 2008 to 181 homes for sale in Malvern in February of 2009.
The Number of Malvern Homes Under Contract is down 57% from 28 homes for sale in Malvern in February 2008 to 12 homes for sale in February of 2009. Also, weather wise this was not a good February for buying activity as it was impacted by a few snow storms.
The Number of homes sold in February of 2008 was 13 and the number of homes sold in February of 2009 was down 8% to 12 homes sold. Read the rest of this entry »
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Things To Do A Chester County Walk In The Park
March 9th, 2009 categories: A Realtors Life, Chester County, Chesterbrook, Fun Things To Do, Lifestyle
Chester County Pennsylvania~A Walk In The Park
Spring and the official Vernal Equinox , arrives March 20th 2009, and not a minute 
too soon, in my opinion, and yours too I imagine. These charming Johnny Jump Ups can be found along a path as one of our earliest signs of Spring together with Crocuses and Forsythia. Even in December if it’s warm, but not this year. If planted in a protected area, they’ll often reseed themselves.
A visit to the Philadelphia Museum of Art is a great way to begin your Spring walking. Cezanne and Beyond – A Century of Great Artists Philadelphia Museum of Art – You will see more Cezanne and the artists Cezanne influenced, at the Philadelphia Museum of Art than if you went to Paris up to May 17th. This is an outstanding opportunity. Adults $14, Seniors $12, Children 12 and under Free.
*Birds chirping, a warm sunny day, Spring senses stirred and I begin to hear the call of the countryside. Chester County Pennsylvania Countryside to be specific. No one does a day in the country better than Chester County Pennsylvania.
*Try Longwood Gardens where you stroll either indoors or outdoors when you hear the call of Spring early as I do. Also, Valley Forge National Park has many places for a Spring walk, both natural and paved (keep in mind the Valley Forge Road Bridge closing for detours into the Park) . Read the rest of this entry »
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Tredyffrin Real Estate Report February 2009
March 5th, 2009 categories: Chester County, Market Trends
Chester County Pa, Tredyffrin Real Estate Market Report*
Tredyffrin Township Median Sold Price Update
Our Comparison between February 2008 and February 2009 shows a real estate market 
where the Median Sold Price is up 31% (from $344,000 to $450,000) and the Median For Sale Price is down 8% in a comparison of February of this year to last year (from $490,000 to $449,450) as shown in this graph with green representing the median sold price in Tredyffrin, red being median homes for sale price and blue being median homes under contract price.
Tredyffrin Supply and Demand Number of Homes For Sale, Sold
- On the Supply and Demand Side of our Tredyffrin Real Estate Market Report the number of Homes For Sale in Tredyffrin is down 11% (from 233 to 208).
- Tredyffrin Homes Under Contract in February of 2009 compared to February of 2008 is down 50% (from 38 to 19).
- The number of homes sold in Tredyffrin in February of 2009 as compared to February of 2008 is down 61% (from 18 to 7).
- and the number of Expired Listings is up 8% compared to February of 2008 (from 25 to 27).
Tredyffrin Real Estate Months Supply of Inventory and Days On Market
Tredyffrin Township Months Supply of Inventory in February of 2009 is up 91% from February of 2008 (from 4.5 months to 8.5 MSI) and the Tredyffrin Real Estate Market Days On Market is up 125% from February 2008 (from 42 DOM to 95 DOM). With the gray bars on this graph representing the MSI and the broken blue line representing the DOM for the period of February 2008 to February 2009.
The bright spot for the first of the year real estate picture in Tredyffrin is that the MSI is down from January of this year. The Months Supply of Inventory in January 2009 was 15.1 Months Supply of Inventory and has dropped to 8.5 Months Supply of Inventory in February 2009. However the Days on Market has increased from 85 DOM in January 2009 to 95 DOM in February 2009.
*data courtesy of Trend and Terradatum is deemed accurate but not guaranteed
When you need the most reliable real estate information and the best real estate market advantage to get your property marketed and sold for the highest price in the least amount of time in Chester County and the Main Line Pa area, Contact or call me, 610-889-5509, Judy Peterson, Tredyffrin Real Estate Specialist with Prudential Fox and Roach Realtors. We’ll get it right the first time with “Superb Service and Superb Results”
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Tredyffrin Home For Sale 766 Hedges Ln Wayne Open 3/8/09
March 3rd, 2009 categories: Featured Listings, Home Buyers, Home Sellers, Open House
766 Hedges Lane, Wayne Pa Sunday Open House 3/8/09 2–4Pm
Welcome to 766 Hedges Lane, Wayne, Pa 19087, a home for sale in a fabulous 
location in Tredyffrin Township at the end of a quiet cul-de-sac. 766 Hedges Lane offers an excellent neighborhood location with great curb appeal and a private .82 acres lot, but just minutes to the Strafford Wayne Train Station and the R5 Commuter Line.
This Cape Style Home offers the versatility of a First Floor Master Bedroom Suite, plus two additional bedrooms and a Full Bath on the first level. The second level has two very large bedrooms and a full bath, with the sought after potential for an In-law Suite or Au pair Suite for a total of 5 bedrooms and 3.5 Baths.
Tredyffrin Schools and Wayne Shopping
Sought after Tredyffrin Schools PLUS enjoy the convenience of the Main Line Lifestyle shopping in charming downtown Wayne with it’s wonderful specialty shops or wander over to the popular Lancaster County Farmers Market, Whole Foods Market, the Paoli Shopping center or the renowned King of Prussia Mall, just minutes away.
You will be equally impressed with the spacious Living Room with wood burning fireplace, picture postcard window views to the private Patio and back yard. Just perfect for a family barbecue or relaxing with your morning coffee. A spacious Formal Dining Room is just what you need for family dining and holiday entertaining. The Country Kitchen is spacious with a Breakfast Area for family and friends to gather. The cozy paneled Den/Office with powder room has bay window views to the large stone Patio.
Sunday Open House 3/8/09 2–4pm
Contact or Call 610-889-5509, Judy Peterson Realtor and Wayne, Tredyffrin Pa real estate and homes for sale specialist, 610-889-5509 when you want the best real estate service and the advantage of a winning Marketing Plan. “Superb Service, Superb Results”.
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Fun Things To Do Philadelphia Flower Show 2009
February 24th, 2009 categories: A Realtors Life, Fun Things To Do, Home Buyers, Home Sellers, Lifestyle
Famous Philadelphia Flower Show “Bela Italia” Heralds Spring!
The Philadelphia Flower Show taking place March 1 – 8, offers those of us living in the Western Suburbs of Philadelphia, the Philadelphia Main Line and Chester County Pa, a way to happily mark our gardening calendars with the symbolic end of Winter and the beginning of Spring. 
You can find Philadelphia Flower Show tickets online or at various garden center locations around town, PNC and at the front gate. Wear comfortable shoes as the Pennsylvania Convention Center offers good walking exercise.
Whether you’re a Home Seller or a Home Buyer you will find your spirits lifted by a visit to the annual Philadelphia Flower Show where they always offer some creative take away ideas for home landscaping, flower growing and decorating tips. The Flower Show benefits the Pennsylvania Horticultural Society and the urban Philadelphia Green.
Landscaping and indoor/outdoor staging can help make your home more successful in the real estate market. “Tablescape” arrangements can perform decorating wonders. This is an Hibiscus I brought home from the Flower Show several years ago and Wintered over just once before Philadelphia weather got the best of us. Read the rest of this entry »
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432 Sharon Drive Wayne Sunday Open 3/1/09
February 24th, 2009 categories: First Time Home Buyers, Home Buyers, Open House
432 Sharon Drive in Wayne, Pa, Upper Merion Township
We’re having a Sunday Open House at 432 Sharon Drive, Wayne Pa 19087, Upper Merion 
Township, Sunday, March 1, 2009 from 2-4pm. Come visit this charming Ranch Style home. Sharon Drive offers easy one floor living in a wonderful neighborhood, next to Roberts Elementary School, and close to King of Prussia Mall Shopping and nearby commuting from the Wayne Strafford Train Station. An upgraded kitchen, upgraded baths and all new windows are just a few features that make this a best buy for First Time Home Buyers or Downsizing Home Buyers at an offering Price of $329,000. No Condo Fees. Best location for commuting to Center City, King of Prussia, Wayne, Main Line Pa area! Better than a town home! Have questions? Call Judy Peterson Prudential Fox and Roach Realtors 610-889-5509.
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Real Estate Home Sales Indicators February 2009
February 23rd, 2009 categories: Chester County, Delaware County, Market Trends, Montgomery County
Those of us living and working in the Chester County Pa and the Philadelphia Main Line Real Estate Market can benefit from knowing the important National Housing and Home Sales Indicators* Several Real Estate Housing and Home Sales indicators will be updated this week.
We’ll be watching these Housing and Economic indicators and keeping you informed as to the overall condition of the Housing Industry as measured by these key National Housing Indicators as we move into Spring. This is a photograph I took last Spring of a flowering Cherry Tree, along the path of a walk with Daisy in Chesterbrook. I’m looking forward to Spring! It’s such a hopeful time! Read the rest of this entry »
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