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Devon, PA Real Estate News

By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Tredyffrin Easttown Real Estate May 2017 Housing Information Single Family Homes $400,000-500,000There were four single family home sales in Tredyffrin Easttown School District in May 2017, two in Tredyffrin and two in Easttown. On average homes sold for 95.5% of their original listed price and took 53 days to sell. The days on market were inflated by the highest priced home to sell which was originally priced at $575,000 and ended up selling for $471,000 in 165 days. The lowest price home to sell took 6 days and sold for full price and the median home sold in 19 days selling for full price.There are ten homes pending, eight of these are in Tredyffrin Township and two in Easttown. The average days for these homes was 13 days. This was again inflated by the highest price home which took ...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Old Forge Crossing, Devon, PA 19333 1 and 2 bedroom condos, some with dens, some 2 bedroom condos are town homes.May has been an active month for Old Forge Crossing Real Estate. There are currently three homes for sale of which one is under contract leaving a 1 bedroom and a 2 bedroom condo for sale, the 2 bedroom which came on at an eye popping price has just been reduced in price by $10,000 but they may have pushed buyers away by rejecting multiple offers.There are 7 pending sales and 5 homes settled, selling for about 96% of the original list price.So far this year we saw higher prices at the beginning of the year, as time has progressed prices have dropped slightly, some of this is due to difference in location within the community, and also in condition of the unit being sold.Old F...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
As a Realtor people often think all we do is sell houses. But most Realtors I know are involved in giving back to their communities. Whilst I give a lot of my time to Surrey Services for Seniors as an office we do muiltiple things from supporting the American Heart Association, Boys and Girls Network and collecting toys for the Marine Corps Toys for Tots program. Our broker encourages us to get involved in our community with a Community Service Day designated. Every year as an office we work at the Devon Horse Show which is right next to our office and raises funds for Bryn Mawr Hospital.The last few years we have worked on the Hot dog, wraps and salads booth. Here I am with Jim from our office serving up some hot dogs and Italian sausages.The booth is a lot of fun to work and generates...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
The Devon Horse Show is in town and has brought some BIG visitors to town. Seen on the streets around the horse show were these BIG guys: A friend who lives near the horse show grounds caught them walking up the street between 8 and 9 am, out for a little exercise but the video will not post at the moment. Every two years the Budweiser Clydesdales participate in the show and you can stop by the tent where they are stabled. I did that a couple of years ago and was amazed at just how big these horses are. I know they are work horses but their hooves are enormous, so they don't sink into the mud when working.Worth seeing them at the show if you get the chance or at least take time to visit their tent and see them up close and personal.And if you want help selling or finding a home in Devon...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Old Forge Crossing, Devon, PA 19333Last week saw two settlements in Old Forge Crossing both for 1 bed 1 bath condo apartments and both selling for $135,000.Currently there are three homes listed for sale, two under agreement, a 1 bed 1 bath condo apartment priced at $150,000 going under contract in 4 days, the other apartment is a 2 bed 2 bath condo apartment priced at $205,000 with a nicely updated kitchen and bathrooms going under agreement in 25 days. The last condo apartment for sale is also a 2 bedroom ground floor unit with modifications for disabilities and is priced at $229,900. Prices were generally higher at the beginning of the year with many one bedroom units selling in the $150,000's and even 160,000's but have settled lower since March in the $130-150,000 range, 4 one bed ...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Tredyffrin Easttown Real Estate this past week.New ListingsThere were 31 new listings for sale ranging in price from $182,000 for a 2 bed 2 bath apartment in Chesterbrook to a 6 bed 5 bath single family home for $2.6 million, both homes in Tredyffrin Township. 6 of these new listings are under contract. 24 of these new listings were in Tredyffrin Township and 7 were in Easttown, these consisted of 3 apartments for sale, 1 twin and 6 town homes and finally 21 single family homes.Pending Sales7 homes went pending this last week, 6 in Tredyffrin and 1 in Easttown, price ranged from $170,000 to $1.269 million, these prices may change at settlement.Sold Homes18 homes settled last week with prices ranging from $135,000 for a 1 bed, 1 bath apartment to $1,350 million for a 5 bed 6 bath single ...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
New Tredyffrin Easttown Restaurant opens in DevonDandan has just opened in the space where Ellas used to be in Devon Square. This restaurant a sister to their Rittenhouse Square location has been opened by Devon natives Kevin and Cat Huang,  in just the last week. For a Tuesday night with no grand opening announced it was busy and Cat told us that at the weekend they had over a hundred people. The space is a great location with a bar and doors in the main area that slide open so on an evening like tonight with temperatures in the 70's it was wonderful.The menu is relatively large and it is hard to decide what to eat.Food is Szechuan and Taiwanese style, so there is some heat to the dishes but they are clearly marked and there will be something for everyone. My friend Art and I shared so...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Sunday is a great day for a walkYesterday, Saturday, it rained all day. Today the weather started off cool but dry, so I decided to go to my favorite place and go for a walk. Those living in Tredyffrin Easttown have Valley Forge National Park just a few minutes away. There is a wonderful circuit you can walk, goes up and down and it is about 5.5 to 6 miles long. I walk pretty briskly so it took me about 1 1/2 hours. There were lots of people out walking and running today. One Mom and her daughter were running I saw them three times as they were going the other way, they were going for 2 circuits pretty impressive, dad was straggling along behind wishing they would stop.From this location in the park, near the Memorial Arch you can see up towards Devon. At the top of the ridge is Conesto...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Tredyffrin Easttown Real Estate is selling quickly. We listed this lovely 1 bed 1 bath Old Forge Crossing second floor condo last week and we had lots of showings over the weekend.Today our Old forge Crossing seller signed one of two offers we received and we are in escrow with a quick settlement.Maybe it was the wonderful Old Forge Crossing inner courtyard location, or that lovely dogwood blooming in view of the balcony. Being just a short walk from the parking lot this condo is a perfect quiety location in the community. As we mentioned when we listed, living here allows you to be close to everywhere you want to be on the Main Line and surrounding areas. You can even cycle from here using the Chester Valley Trail to multiple office complexes all the way to Exton or King of Prussia are...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
They say when we are busy we have to make time to stop and smell the roses Well in our case today it is the clematis                     This is both sides of our clematis, we had a few flowers last year, but this year it seems to have liked the mixed weather and is blooming away. We live on the North side of a hill so we get less sun than our neighbors over the hill and everything seems to bloom a little later.Tredyffrin Easttown home buyers and sellers need to realize that where you live, location can make a big difference to what you can grow and when it will bloom. Contact Nick Vandekar, Tredyffrin Easttown Realtor, with Long & Foster Real Estate, Inc., Nick@VandekarTeam.com, office 610-225-7400, cell and text 610-203-4543 today to put our energy to work making your homesearch or sa...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Tredyffrin Easttown Real Estate - Condo for sale in Old Forge CrossingThis inner courtyard location is perfect, as you can see, parking is close by, but you have the benefit of peace and quiet. This second floor condo offers added security with a wonderful balcony overlooking that beautiful white dogwood tree.SEE THE VIRTUAL TOUR HERE Our son lived in Old Forge Crossing, on our advice when he first moved back from Florida, and later said it was the best decision they made because of how central the location is to everything and everywhere they wanted to be. Shopping - King of Prussia Restaurants - minutes away from many top quality restaurants Train Station - Devon SEPTA station is less than 2 miles Coffee shops - Starbucks is in Gateway shops Supermarkets - Wegmans, Trader Joes, Whole ...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
When asked to help the daughter of our old neighbors we were delighted to respond. It turned out to be a wonderful experience for all of us. I was so impressed how this young lady handled herself during the house hunting process, taking great care to consider all the aspects and desires of those involved in this blended family situation.She definitely had a wish list, but it was realistic and not unreasonable. She was willing to listen to advice, and adjust as we progressed and she learnt more about the housing market from what she was seeing.Initially she was not willing to enter into a multiple offer situation, but the reality was in our market if you want to buy a home you have to be willing to compete.When we came across the right home she was ready and willing to step up and we wer...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Real estate is local, we have all heard this "ad infinitum" over the last few years. And every time a home sells and settles in Tredyffrin Easttown or in your development a new value is attributed to all the other homes nearby, up or down. If there are lots and lots of homes for sale and lots of settlements we can get a very good idea what your home is worth in the near future. If there are not so many homes for sale, and fewer settlements it is more difficult setting a price. There are many variables that go into setting a price for your home. Location Condition How many other homes are for sale Curb appeal Cleanliness Style Number of bedrooms and bathrooms Heating source, gas, oil or electricity Size of plot Does it have a pool/tennis court Number of garages and parking spaces Time of...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Tredyffrin Easttown Housing Market ReportThe complaint from most buyers continues to be lack of homes to consider. Many sellers are holding off listing as a result which only increases the problem. Also, due to the lack of inventory we are seeing prices pushed higher, multiple offers on those homes coming on the market in days if not hours. As a result these sellers are not willing to consider any buyer with a home for sale contingency as they can pick and choose their buyer.View the entire report hereUnits sold is up 32% compared to last year, homes for sale is down 13% compared to last year, days on market is down 23% compared to last year and median price has also dropped by 7%.Why has median price dropped?The median price is the home in the middle of the list. Not the average home w...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
If you want to be TrustedBe honest!Steve Maraboli Last night my email dinged. As I opened it to see who was writing to me I was pleasantly surprised to see the names of some clients from a couple of years ago.I helped them purchase a home for their oldest son, who has some disabilities. They wanted to encourage him to live on his own, but close enough to them that if he needed help, they were readily available.Unfortunately, it did not work out, and he felt overwhelmed. So after renting the house for a year they decided to resell the property. Luckily prices had risen and they were able to sell without having to lose money.I really like this couple, they are not high earners but very down to earth. We had a wonderful relationship and it was a delight to get their email and made me reali...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
We just released our most recent  Philadelphia Area Luxury Property Report Click the link above for the full report, but here are some highlights. Active inventory is down 2% compared to last year which is good for this part of the market which has been suffering from a glut of listings. Probably the only part of the market which has been rich in listings for a while.This being said however, new listings are down by about 6% compared to last year, showing owners have some wariness about listing their properties because of the high number of listings currently on the market.Sales of these luxury properties are up just over 9% again a good point for this part of the market to lose the glut of listings that have been on the market.Median sale price has risen by just over 4% to $965,000 com...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
How long do you need to set up an appointment?In this video Nick Vandekar answers a question many buyers wonder. How long do you need to set up an appointment? Whilst buyers may desire showings on demand and many new brokerage models are trying to deliver this the answer we find at risk of sounding like an attorney is, "It depends."  Making appointments requires flexibility. Remember whilst you are the buyer and feel the seller needs to cater to you, the seller also wants their home to show to its best advantage. Some Sellers require buyers appointments not overlap. If there are pets present they may need time to remove them New born children or elderly owners may need more time than normal to leave a property If a property has tenants they may require 24 hour or overnight notice Vacant...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
"The Most Beautiful Spring Garden in the World"The Philadelphia Flower Show 2017 was focused on Holland this year, but the Keukenhof makes a rather grand boast. This weekend I got to check it out and tick it off my bucket list. Trudy is the gardener in our family but over the years I have come to appreciate the art and the beauty created. I was also glad to know that was a fritalaria hanging above the tulips and daffodils above. Whilst they say a picture is worth a thousand words, there are some facts to offer first."The Keukenhof"Actually means the kitchen garden. Was the site of a large estate, now is an advertising/marketing venue for the Dutch Tulip trade. Over 7 million, yes 7 MILLION bulbs, tulips, daffodils and hyacinths fill 32 hectares,that is almost 80 acres with color, fragra...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Blogging is my prospectingAlong time ago I read a post or article where Teresa Boardman was interviewed. She being then known for her blogging about St Paul Real Estate and ahead of the curve, the reason for the interview, expressed how blogging was for her, prospecting. I hate cold calling, I am not a great fan of phone calls full stop. So this resonated with me, I thought I can do that. So my blogging began. I got on Active Rain back in 2007. Of course I was not great stsarting out the gate. Over time I dropped off as I got busy, or tried using a word press site away from Active Rain because that was supposed to be better for SEO. So my points total did not soar. But while away I missed the friendship here on Active Rain and so came back.Like anything, over time we improve. As we read...
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By Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County
(Realty ONE Group Advocates 484-237-2055)
Tredyffrin Easttown Real Estate - The week in ReviewTwenty three Tredyffrin Easttown homes were listed for sale this past week, ranging in price from $197,500 for a 2 bed condo in Tredyffrin Township to $3,495,000 for a 5 bed 5 full bath and 2 half bath single family mansion in Easttown Township.Three homes listed had 2 beds and were apartment/condo living, there were two town homes listed, and the rest were single family homes of 4 and 5 bedrooms these ranged in price from $575,000 to the $3,495,000 mentioned above.Nine of the homes listed in the last week are already under contract, 5 are pending, and 4 are going through the contingency period and still being marketed.Seven homes also settled in the last seven days, ranging in price from $195,000 to $1,575,000, all were single family ...
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Devon, PA Real Estate Professionals