mainlinemarketplace.com » Radnor Market Watch http://mainlinemarketplace.com Mon, 14 Nov 2011 20:02:55 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Bebe’s Radnor Market Report for October 2008 http://mainlinemarketplace.com/2008/11/bebes-radnor-market-report-for-october-2008/ http://mainlinemarketplace.com/2008/11/bebes-radnor-market-report-for-october-2008/#comments Thu, 06 Nov 2008 18:58:48 +0000 Robert Forster http://mainlinemarketplace.com/?p=12 The report of activity during the month of October 2008 for Radnor Township shows a mixed result – it is still a Seller’s Market in lower price ranges, but is a Buyer’s Market in the higher price levels:   

      In the range of $0 to $500,000, 7 homes were listed, 4 went under contract, and 9 settled.  The average list price for new listings was $299,130 and the average settled price was $317,855.  There are currently 45 homes on the market in this category and at current market absorption rates, we have a 5 month supply of homes.   A market absorption rate of 6 months is a balanced market, so less than 6 months indicates a seller’s market in this category. 

      In the range from $500,000 to $1,000,000,  14 homes were listed, 3 went under contract, and 7 settled.  The average list price for new listings was $788,220 and the average settled price was $655,642.  There is a 7 month supply of homes (market absorption rate) in this price range thus indicating that in this range, it is a Buyer’s market. 

      In the range from $1,000,000 and up, 13 homes were listed, 1 went under contract, and 1 settled.  The average list price for new listings was $1,941,363 and the average settled price was $1,317,500.  There are currently 57 homes on the market in this category and a 14 month supply of homes in this price range, thus indicating a strong Buyer’s market at this pricing level

]]> http://mainlinemarketplace.com/2008/11/bebes-radnor-market-report-for-october-2008/feed/ 1 Radnor Market Watch for July 2008 http://mainlinemarketplace.com/2008/08/radnor-market-watch-for-july-2008/ http://mainlinemarketplace.com/2008/08/radnor-market-watch-for-july-2008/#comments Wed, 27 Aug 2008 15:11:34 +0000 Robert Forster http://mainlinemarketplace.com/?p=8 This is a monthly post about the market conditions in Radnor Township. These statistics are from the Trend MLS system and represent all transactions in the Township for the month of July 2008.

Between the price point of $100,000-$10,000,000

New Listing= 50

Average List Price was= $979,847

Units that went Pending= 22

Units that sold= 39

Average sale price= $703,151

Average days on the market= 77

Lowest priced house that sold= $170,000

Highest price house that sold= $1,700,000

These statistics were pulled from Trend MLS. This information is deemed reliable but not guaranteed.

 

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