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Top 9 Main Line Neighborhoods for Real Estate From HomExpert Results

Main Line Real Estate soared in August 2012, according to the Prudential Fox & Roach HomExpert Market Report.

Main Line Real Estate soared in August 2012, according to the Prudential Fox & Roach HomExpert Market Report.  The median sales price for homes was $415,000, compared to $466,250 in August 2011. 

On the Main Line, 305 homes were sold in August, an increase from 256 during the same time last year.  Overall, Radnor saw the highest median sale price on the Main Line at $565,500, 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 9 Main Line Areas (Ranked by Median Sales Price)

Median Price of Properties Sold

 Municipality

Aug-12

Aug-11

Aug-10

% Change   11 - 12

% Change   10 - 12

Malvern Bor

$138,000

$448,500

$175,000

-69.2%

-21.1%

Tredyffrin Twp

$442,500

$420,000

$360,000

5.4%

22.9%

Willistown Twp

$379,250

$680,000

$375,000

-44.2%

1.1%

Easttown Twp

$560,000

$620,000

$547,750

-9.7%

2.2%

Haverford

$273,000

$290,000

$287,500

-5.9%

-5.0%

Newtown

$299,900

$385,000

$435,000

-22.1%

-31.1%

Radnor

$565,500

$665,000

$745,000

-15.0%

-24.1%

Narberth

$368,500

$300,000

$366,000

22.8%

0.7%

L Merion

$241,250

$505,000

$650,000

-52.2%

-62.9%

 

 

Top 9 Main Line Areas (Ranked by Number of Homes Sold)

Number of Properties Sold

 Municipality

Aug-12

Aug-11

Aug-10

% Change   11 - 12

% Change   10 - 12

L Merion

86

80

39

7.5%

120.5%

Haverford

63

40

32

57.5%

96.9%

Tredyffrin Twp

50

42

37

19.0%

35.1%

Radnor

44

29

25

51.7%

76.0%

Willistown Twp

22

19

11

15.8%

100.0%

Easttown Twp

22

26

18

-15.4%

22.2%

Newtown

11

9

9

22.2%

22.2%

Narberth

4

3

3

33.3%

33.3%

Malvern Bor

3

8

1

-62.5%

200.0%

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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