HomExpert Results: Top 10 Main Line Neighborhoods for Real Estate

Main Line Real Estate soared in the first nine months of 2012, according to the Prudential Fox & Roach HomExpert Market Report.  The median sales price for homes was $378,950 compared to $389,000 in the first nine months of 2011.  On the Main Line, 2,018 homes were sold in the first nine months, an increase from 1,719 during the same time last year.  Overall, Radnor saw the highest median sale price on the main line at $550,000, 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 10 Main Line Areas (Ranked by Median Sales Price)

Median Price of Properties Sold

 Municipality

First Nine Months-12

First Nine Months-11

First Nine Months-10

% Change   11 - 12

% Change   10 - 12

Malvern Bor

$305,000

$300,000

$267,500

1.7%

5.2%

Tredyffrin Twp

$358,000

$399,500

$390,000

-10.4%

-8.2%

Willistown Twp

$370,000

$377,500

$348,500

-2.0%

6.9%

Easttown Twp

$487,500

$578,000

$590,000

-15.7%

23.4%

Haverford

$269,900

$290,000

$288,750

-6.9%

-2.6%

Newtown

$340,250

$325,000

$350,000

4.7%

6.3%

Radnor

$550,000

$560,000

$585,000

-1.8%

7.8%

Narberth

$345,000

$347,025

$347,500

-0.6%

16.4%

L Merion

$500,000

$475,000

$478,500

5.3%

2.0%

Top 10 Main Line Areas (Ranked by Number of Homes Sold)

Number of Properties Sold

 Municipality

First Nine Months-12

First Nine Months-11

First Nine Months-10

% Change   11 - 12

% Change   10 - 12

L Merion

19

37

23

-48.6%

-24.0%

Haverford

329

275

294

19.6%

22.3%

Tredyffrin Twp

133

92

100

44.6%

56.5%

Radnor

100

102

99

-2.0%

0.0%

Willistown Twp

439

363

354

20.9%

14.0%

Easttown Twp

114

101

91

12.9%

54.1%

Newtown

237

210

166

12.9%

17.9%

Narberth

43

34

33

26.5%

53.6%

Malvern Bor

604

505

486

19.6%

38.5%