Sunday, February 21, 2010

Real Estate holding firm in Haverford, Pa

According to The Trend MLS Listing Service the Realtors in this area use Quarter 4 2009 started to show some life. The average home price including all styles in Haverford was $271,900 for an increase of 2.8% from the previous year. 86 homes sold in the township for an increase of 22.8% from last year's quarter 4. Average days on the market was 76 but the interesting number is sellers got 96.7% of their final asking price. Final asking price is the list price after reductions to the original price. Many homeowners typically reduce the price if a home if it is not receiving any written offers.




All in all Haverford started to rebound a little and if you include the townhomes, condos, twins, and singles included in this report our average price is pretty solid compared to some other areas of the country. Short Sales and Foreclosures have reduced the average settled price in many parts of the nation so to actually show a small increase is good news.



Haverford continues to attract buyers of all kinds. We have a good reputation in the real estate world and why not?People are nice, schools are good,  and we live in a Metropolitan Area. This spring should see a burst of activity before the Federal Tax Credit expires in April 2010.

Century21 Alliance
Jim and Deborah Brady
Office:610-853-2700
Direct: 610-853-8416

http://www.bradyhometeam.com/

No comments:

Post a Comment