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%
