HomExpert Results: Top 10 Main Line Neighborhoods for Real Estate
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Main Line Real Estate soared in the first nine months of 2012, according to the Prudential Fox & Roach HomExpert Market Report. The median sales price for homes was $378,950 compared to $389,000 in the first nine months of 2011. On the Main Line, 2,018 homes were sold in the first nine months, an increase from 1,719 during the same time last year. Overall, Radnor saw the highest median sale price on the main line at $550,000, while Lower Merion saw the highest number of homes sold. To see where your neighborhood ranked, see below for this month’s ranking by Median Sales Price and Number of Homes Sold.
Top 10 Main Line Areas (Ranked by Median Sales Price)
|
Median Price of Properties Sold |
|||||
|
Municipality |
First Nine Months-12 |
First Nine Months-11 |
First Nine Months-10 |
% Change 11 - 12 |
% Change 10 - 12 |
|
Malvern Bor |
$305,000 |
$300,000 |
$267,500 |
1.7% |
5.2% |
|
Tredyffrin Twp |
$358,000 |
$399,500 |
$390,000 |
-10.4% |
-8.2% |
|
Willistown Twp |
$370,000 |
$377,500 |
$348,500 |
-2.0% |
6.9% |
|
Easttown Twp |
$487,500 |
$578,000 |
$590,000 |
-15.7% |
23.4% |
|
Haverford |
$269,900 |
$290,000 |
$288,750 |
-6.9% |
-2.6% |
|
Newtown |
$340,250 |
$325,000 |
$350,000 |
4.7% |
6.3% |
|
Radnor |
$550,000 |
$560,000 |
$585,000 |
-1.8% |
7.8% |
|
Narberth |
$345,000 |
$347,025 |
$347,500 |
-0.6% |
16.4% |
|
L Merion |
$500,000 |
$475,000 |
$478,500 |
5.3% |
2.0% |
Top 10 Main Line Areas (Ranked by Number of Homes Sold)
|
Number of Properties Sold |
|||||
|
Municipality |
First Nine Months-12 |
First Nine Months-11 |
First Nine Months-10 |
% Change 11 - 12 |
% Change 10 - 12 |
|
L Merion |
19 |
37 |
23 |
-48.6% |
-24.0% |
|
Haverford |
329 |
275 |
294 |
19.6% |
22.3% |
|
Tredyffrin Twp |
133 |
92 |
100 |
44.6% |
56.5% |
|
Radnor |
100 |
102 |
99 |
-2.0% |
0.0% |
|
Willistown Twp |
439 |
363 |
354 |
20.9% |
14.0% |
|
Easttown Twp |
114 |
101 |
91 |
12.9% |
54.1% |
|
Newtown |
237 |
210 |
166 |
12.9% |
17.9% |
|
Narberth |
43 |
34 |
33 |
26.5% |
53.6% |
|
Malvern Bor |
604 |
505 |
486 |
19.6% |
38.5% |
