This FREE Concert series held in Wilson Farm Park in Tredyffrin Township 500 Lee Road in Chesterbrook Pa , promises to be fabulous.

Cliff hanger economic events make this series even more special since it was uncertain IF there would even be a Tredyffrin Easttown Concert Series at Wilson Farm Park this year. Budget constraints plague all of our Townships (Townships depend heavily on real estate transactions and transfer tax revenues . . .  us too .

We have the generous good neighbors from Shire Pharmaceuticals Corporation to thank for 4 of the concerts and Tredyffrin Youth organizations, Berwyn-Paoli and Devon-Strafford Little Leagues, Teysa Soccer and Fast Flicks field hockey. Kudos and thanks to Shire and ALL supporters!

*July 9th Teddy’s – a 5 piece band with 3 vocalists performing songs from the 60’s up til today!

*July 16th  – Motown Tribute is a musical group that specializes in the fabulous sounds of Motown and Soul from the 70’s

*July 23rd – Chico’s Vibe returns by popular demand. Come enjoy their energetic musical styling that spans the decades from Etta James to the Black Eyed Peas.

*July 30 is the popular Yosi And The Super Dads, a full rock band concert for the kids and the entire family

*August 6th featuring The Janis Newlan Orchestra – an exciting 11 piece band

All concerts are FREE! Bring your family and friends and a chair or a blanket from 7pm – 9pm. There are no rain dates but iffy weather earlier in the day may still find the performance taking place so Call 610-408-3626 to find out for sure.

Wilson Farm Park and community events like these are part of what make Tredyffrin such a great place to live and work in. When you want to know more about a home for sale or need some information about pricing and selling your home, feel free to give me a call, Judy Peterson, Realtor Prudential Fox and Roach Realtors,610-889-5509 direct or 484-431-7195 mobile. I can help!

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Have you heard anyone say about Real Estate that, “nothing’s selling”? Well that’s a common myth these days. Throughout Chester County, and Tredyffrin Township, the perception has been that selling a home in this market is all but impossible. But the truth is that there were actually 98 Townhomes and Condos that sold in Chesterbrook between January 2008 and January 2009.*

And there were another 6 townhomes and condos that settled in January 2009.

8 Chesterbrook Townhomes sold in just this past December 2008. The townhome and condo market seems to be picking up. The average days on the market was 47 Days. In part, townhomes and condos are the perfect home choice for first time buyers and downsizing buyers.

The Community of Chesterbrook offers a lifestyle with great appeal to both first time buyers and downsizing buyers.

The 8 Chesterbrook Townhomes Sold December 2008 were:

• 720 Washington Place, Eagles Ridge 2bedrooms 2/0 baths
• 1312 Eagles Ridge, Eagles Ridge 2bedrooms 2/0baths
• 120 Cavalry Court, The Paddock 3 bedrooms 2/1 baths
• 304 Danor Court 2bedrooms 1/2 baths
• 44 Woodstream Dr, Bradford Crossing 3bedrooms 3/1 baths
• 18 Rampart Dr 2 bedrooms 2/1 baths
• 28 Main Street 3 bedrooms, Main Street Village 2/1 baths
• 7 Wellfleet Ln 2 bedrooms, Landmark Village 2/1 baths

The Median Townhome Sold Price was down 12% from $376,500 in January of 2008 to a median sold price of $330,000 in January of 2009.

6 Townhomes Sold and Settled in Chesterbrook just in January of 2009:

• 183 Valley Stream, Valley Stream Village1 bedroom 1/0 baths
• 48 Rittenhouse Ct 2 bedrooms 2/0baths
• 70 Cabot Drive in Newport2 bedrooms 2/1 baths
• 72 Iroquois Ct in Sullivans Bridge -3 bedrooms 2/1baths
• 74 Abrams Ct, Graystone – 3 bedrooms 2/1baths
• 55 Main Street, Main Street Village – 3 bedrooms 2/1baths

It’s Officially Spring In Real Estate

Thinking about buying a townhome or a condo in Chesterbrook? Give me a call. There are some good home buying choices I’d like to tell you about.  Our Trident Mortgage Company is humming with lending transactions and free, no obligation home buyer pre-qualifications.

*all data courtesy of Trend MLS and Terradatum is deemed accurate but not guaranteed

If you’re thinking about selling a home in Chesterbrook, call and ask me for my  Pre-listing Walk Through and an updated Comparative Market Analysis so that you get the best terms and sold price. More than ever, you need a full service  Marketing Plan that’s designed for your success.

Contact or call now 610 889–5509, Judy Peterson, Realtor and Chesterbrook expert, Prudential Fox and Roach Realtors Devon Pa 19333

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When we think of Newport, we think of an elegant easy lifestyle. Just like the name Newport implies, this home offers an elegant easy lifestyle, upgrades galore, move-in condition, plus the kind of convenience that brings pleasure to your daily life. Two bedrooms, two and a half baths, Living Room, Dining Room area, over sized deck, Master Bedroom Suite, Eat-In Kitchen, Breakfast Room, Finished walk out lower level, garage? We got that! And it’s all right here in Chester County.

End Style Town Homes are sought after because they offer more privacy and light.  In addition to the  private location, this home offers true move-in condition and a dramatic open stair case with special window views from every room.

22 Cabot Drive, Chesterbrook sparkles with upgrades and defines “move-in” condition.

This home has been lovingly cared for. A few of the upgrades include: wood floors on every level, all new windows, fresh neutral paint and crown molding just about everywhere, new corian counter and sink in the kitchen, new dishwasher, stove, designer light fixtures, and high end gas fireplace logs with remote feature.

Just imagine your very own point and click fireplace! One in the Living Room (with remote control) and a second fireplace in the Lower Level. No chopping down trees or carrying messy wood logs, ever. Bring your big screen TV!  Life is good! View Virtual Tour here or Click the Virtual Tour Tab Above.

Like to shop but not after a long day at work?

Take a short walk to The Chesterbrook Village Shopping Center with Genuardis Supermarket and Rite Aid Pharmacy for all you day to day needs.

Fun local shopping beckons at The King of Prussia Mall, one of the largest in the country, Downtown Wayne, Paoli, Malvern Boro or The Exton Shopping Mall.

The Chesterbrook Lifestyle

Located in Wayne, Tredyffrin Township, Chesterbrook offers a park like setting. It’s only a short walk from 22 Cabot Drive in Newport Village, along a private path to Wilson Farm Park (playground, walking paths, Pond, Playing Fields and Shire Pavilion for Concerts in The Park) and all season enjoyment. Proximity to Historic Valley Forge National Park offers hiking and woodsy walking trails. Another bonus is the award winning Tredyffrin Easttown Schools.

Ease of commuting to all points east and west along Route 202, Route 422, The Pennsylvania Turnpike and The Schuylkill Expressway. The Devon, Strafford or Paoli Train Stations for an R5 ride to Center City are just minutes away. Chesterbrook enjoys easy access to all area Major Corporate Centers in Great Valley and Chesterbrook Corporate Centers.

Contact or Call 610-889-5509 with any questions.  I’m always here to help!

*All information deemed accurate, subject to errors and omissions. See listing agent for possible inclusions and exclusions.

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• Chesterbrook Condo Town Home Village Wayne Pa 19087

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Real Estate in Chesterbrook Tredyffrin Township Chester County offers a variety of mostly town homes and condominium style homes. There are two single family home villages (Green Hills and Fox Hollow).  House Values in Chesterbrook can be seen by real estate activity between January 2008 and August 2008 in Chesterbrook Wayne Pa:

Chesterbrook Real Estate transactions January 2008-August 2008:

• 30 Chesterbrook Homes For Sale Prices between $184,900 – $459,900.
• 10 Chesterbrook Homes are Pending Sales between $189,000. – $278,610
• 62 Chesterbrook Homes Sold Prices between $170,000 – $440,000
  
• 49 DOM, the Average Days on Market for Chesterbrook Sold properties
  

Chesterbrook Map of Villages

The “Chesterbrook Lifestyle” is enhanced by the highly regarded Tredyffrin Easttown School system which is attractive to families with children, a convenient Chesterbrook Village Shopping Center, Wilson Farm Park, Walking Trails, Picket Post Swim Club, and public Tennis Courts and convenient commuting to Major Corporate Centers, the City of Philadelphia, King of Prussia, West Chester and Downingtown areas.

There are multi-level Town Homes and Condos in Chesterbrook and there are Flat Style Town Homes and Condos.  Some of the one level Flat Style townhouse units can be first, second or third floor style.  Chesterbrook Home Styles range from 1 Bedroom 1 Bath, to homes with 4 Bedrooms and 2.5 Baths.

Contact or call 610-889-5509 for help with determining your house values.  Ask about my Real Estate Home Marketing Plan. Request my Free Pre-Listing Walk Through suggestions for your home.

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• How Much Is My House Worth?|Open House Questions

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A visitor to my Real Estate Sunday Open House in the  Chesterbrook town home, condo community recently asked me a form of the question, How much is my house worth?

We spent some valuable time talking about house values in Chesterbrook and the real estate market in general.  Most of us need to sell a property before we can buy new one.

The question of How much is my house worth is a cornerstone question of the move-up or downsizing buyer’s plan to find a home that best fits their needs today. 

Real Estate Sunday Open House Tours -

I love to hold real estate Sunday Open House Tours for my Sellers. There is a small debate in real estate.  Is it worth a Realtors® time to hold a Sunday Open House? It depends, is my initial answer. Do you want to sell the house?

• Are homes flying off of the market with multiple offers including escalation clauses? Then, no you don’t need a Sunday Open House.
• Does the house show really well and have the Sellers followed my advice about curb appeal, condition, staging, pets? Then yes. Remember, all it takes is ONE Buyer.

It Only Takes One Buyer ~ The Right One! It only takes one Sunday Open House Visitor – the right one - to make the Sunday Open House worthwhile. The “Right One” is the one who buys the home my Sellers are selling.

A Sunday Open House is an opportunity for:

• valuable feedback from real estate Buyers
• hear real Buyer’s needs and concerns
• to showcase the house for sale,
• highlight property listing features and benefits

Or, the right buyer for a home is the one who tells someone at work, their club or church or neighbor (or their Realtor!) about the great home they saw on the weekend.

Contact me for more specific information on What’s My House Worth? Or to ask about my custom Real Estate Marketing Plan for your property 610-889-5509 direct

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• 95 Beacon Square Bradford Hills Chesterbrook

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95 Beacon Square is in the well managed “Bradford Hills” Village of Chesterbrook in Wayne, Tredyffrin Township Pa 95 Beacon Square is a town home that’s in move-in condition.  You will find fresh paint throughout in a neutral color palette that sets off each of the rooms and will readily accommodate your personal style.  There’s a spacious eat-in Country Kitchen featuring an upgraded Stainless 4 burner gas stove with oversize oven, a Dining Room and a large Living Room with a fireplace and hardwood floors.  Sliders lead out to the Patio where you can relax with a cup of coffee and the morning paper or plant a few pots of your favorite flowers. MLS#5397795

The entrance foyer features refinished hardwood floors, and a first floor powder room.  There is a partially finished lower level with a Custom Wood Bar and second fireplace, offers some alternative area to relax with room for entertaining and a big screen TV and a Utility Storage Area.  The second level has a Master Bedroom Suite with Master Bath,Vanity Sink and 2 additonal Bedrooms with ample windows and some customized closet storage. There is a Family Bath with shower/tub combo. The Fourth Bedroom Loft has skylights and track lighting. Oh, did I mention that the Refrigerator, Washer, Dryer, Window Treatments AND the Custom Wood Bar are ALL included in this new “best buy”?

View Custom Virtual Tour of 95 Beacon Square in Bradford Hills Village

The Community of Chesterbrook in Wayne, Pa 19087 is a sought after community of town homes, carriage style homes, condos and single family homes located within the highly rated Tredyffrin Easttown Township School District within Chester County Pa.  Chesterbrook readily meets the needs of First Time Home Buyers and Downsizing Buyers. The convenience of being within minutes of the Paoli Train Station (Amtrak to New York City) and the Devon and Berwyn Train Stations offers commuters easy access to the City of Philadelphia in approximately 35 minutes via the Paoli Express.  Chesterbrook enjoys the convenience of The Chesterbrook Shopping Center with a Genuardi’s Supermarket, Manhatten Bagel Shop,  Pizza Shop, Rita’s Water Ice and Drugstore for your daily shopping needs. The Gateway Shopping Center is less than 5 minutes drive and the major King of Prussia Mall and Exton Malls are a short ride away.

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• Tredyffrin Township~Trains, Planes and Buses

Contact Judy Peterson with Prudential Fox & Roach Realtors, Devon Home Marketing Center, Direct, 610-889-5509 or Office 610-651-2700 for additonal information on this property and the community of Chesterbrook.  It will be our pleasure to help with all your Real Estate questions.

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It’s interesting to take a closer look at the Chester County, Tredyffrin TownshipTown Home and Condominium real estate market. Some of the Town Home Communities in Tredyffrin Township are Chesterbrook, Arbordeau, Old Forge Crossing, Daylesford Lake, Paoli Point, Woodgate and Paoli Woods.  Each Community has unique features and price points but they all share a great school system, convenient location and easy commuting. The Town Home and Condominium market is primarily a First Time Buyer and a Downsizing niche market.

The Average Sold Price for Town Homes and Condos in Tredyffrin peaked in August of 2007 at $325,778, creating a 9% drop in the average sold price between August of 2007 and June of June 2008 at $296,331.

The Median Sold Price peaked in August of 2007 at $346,000 and June of 2008 at $264,000, representing a 23.7% decline.

The following chart illustrates the Absorption Rate for Town Homes and Condos in Tredyffrin as of the 2nd Quarter of 2008 providing a very graphic picture of the effect of the residual inventory in considering the Absorption Rate. The residual inventory plays such an important part for any market segment such as Town Homes and Condominiums.  The Months Supply of Inventory combined with the Residual Inventory and the target niche of First Time Buyers and Downsizing Buyers indicates a definite Buyers Market. August may see well qualified buyers and investors jumping in. The top yellow line represents the residual inventory, the blue line, properties under contract and the gray line,  new listings.

Median Sold Prices for the two year period, Average Sold Prices, Units Under Contract, New Listings, Residual Inventory, The Months Supply of Inventory and the Average Days on The Market provide a broad picture of the Town Home and Condo market segment in Tredyffrin Township.

The 7 Key indicators for Tredyffrin Township Townhome/Condos in Chester County are:

1. Median Sold Prices: June 2006 = $289,900, June 2007 = $287,500, June 2008 = $264,000
2. Average Sold Prices: June 2006 = $302,382, June 2007 = 4288,962, June 2008 = $296,331
3. Under Contract: June 2006 = 25, June 2007 = 24, June 2008 = 14
4. New Listings: June 2006 = 47, June 2007 = 36, June 2008 – 33
5. Residual Inventory: June 2006 = 49, June 2007 = 40,June 2008 = 64
6. The Months Supply of Inventory: June 2006 - 3.3Mos., June 2007 - 2.8 Mos.,June 2008 - 6.9 Mos
7. Average Days On The Market: June 2006 -  40 DOM, June 2007 - 43 DOM, June 2008 - 39 DOM

Related Articles:

• Absorption Rate ~ Months Supply of Inventory

*All Data courtesy of Trend MLS and Terradatum deemed accurate but not guaranteed.

Contact or call me, 610-889-5509 for a copy of my Home Sellers Marketing Plan, or a Updated Market Analysis, an essential tool for Investors, Buyers and Sellers.

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Rita’s Water Ice In The Chesterbrook Shopping Center, Wayne Pa is on my Yums List of places to stop and relax with a client or with my favorite little people. As the days get longer and the temperatures rise, a refreshing “raspberry” or “lemon” Italian Water Ice cools the spirits. Rita’s is made with fresh fruit juice daily in a multitude of flavors and it’s fat free! Outside tables, the signature green, red and white stripes, charming umbrellas and the occasional local band will get your foot tapping. If you have some “little people” in tow, you might take a quick stroll over to Wilson Park and let them climb the jungle gym.

Rita’s also has Frozen Custard, with sprinkles or try a decadent “Blendini” with Frozen Custard and Oreo Cookie Chips. Can’t make up your mind, try the Misto a smooth blend of fruit ice and frozen custard. Get your card stamped. You’ll want to come back for sure. After 10 visits, you get a “freebie”.

Chesterbrook

The Community of Chesterbrook is a delightful, mostly town home community of over 4,600 residents located in the 19087 Wayne Zip Code. Chesterbrook, known as a Planned Unit Development, or PUD, in real estate terms, is an excellent real estate investment. There will always be a need for town homes and condos in a great school district.

Chesterbrook is located just off of the Route 202/Devon Interchange and features Twenty-six Villages and two Single Family Communities with it’s own shopping center and Chesterbrook Corporate Center.

It would make my life easier if Chesterbrook had it’s own distinct zip code and Post Office, then I wouldn’t get questions from relocating clients like, “can I walk to Wayne from Chesterbrook?”. Only if you’re fifteen or a world class sprinter!

The Zip Code Always Wins

The “Wayne” 19087 Zip Code for Chesterbrook confuses some people. We mix our town names and zip codes around here. Zip Codes can cross Township lines. If you’ve lived here your entire life, you know this like you know your own name. BUT, if you’re relocating to this area and trying to grasp what’s what and who’s who, it can be a little confusing.

The Zip code always wins, which explains why even if your home appears to be in Berwyn, but the Zip Code is Paoli, you live in Paoli. Chesterbrook is actually located in Tredyffrin Township in Chester County and The “Town of Wayne” is actually located in Radnor Township, Delaware County but they share the 19087 Zip Code. Go figure.

Shortly after the country heeded the advice to “Go West Young Man” and much of the population fled to the West Coast in search of gold, the Philadelphia Main Line grew West of the City of Philadelphia on the East Coast, where we already had the gold! It was called the Pennsylvania Railroad.

Since passions usually trump logic and there weren’t any zips back then, the zip code after thought seems to be a community planning logical best effort. That’s my story and I’m stickin to it. Whew, time for another Rita’s!

Where’s your favorite Yums in the Philadelphia Main Line area?

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