Havertown, Pa real estate is in demand! While it seems that the National coverage of the real estate market changes about 3 times a day, I can say, 
as an active agent in Havertown, that Havertown homes are consistently selling and for relatively good prices.
In 2009, 507 units sold in Haverford Township with an average days on market of 76 and an average sold price of $315,316 (according to TrendMLS Statistics on 1/18/2010). While the average sales are landing right around $300,000, its the fixed up 3 to 4 bedroom singles between $325,000 and $400,000 that are flying off the market...especially if they have 2 full baths on the second floor, a family/great room and central air.
As the Generation X & Y buyers are beginning to move out of their first homes and up to bigger homes for their growing families, the Havertown area offers the biggest bang for your buck. Haverford Township offers a wide variety of homes, affordable home values, well established neighborhoods, great schools (both public and private) and an active community all within about 20-25 minutes outside of Philadelphia.
So what's your best move if your thinking of Selling?
Be smart, get some advice and prepare. My clients who've taken the time to touch up their homes, remove clutter and paint, have seen fantastic interest their homes within a matter of a week. The majority of buyer's have a very difficult time imagining rooms with different furniture and colors on the wall. If you take the time to neutralize your home, you'll get more people in the door and less push back. While it may seem silly, wall paper scares buyers.
The other thing to remember is that the new generation of buyers want instant gratification. While in past years fixer uppers where in high demand, today, many working couples would prefer to simply buy a home that is in great shape with all the amenities. Homes with the right combination are still getting multiple bids in the Havertown real estate market.
How does a buyer succeed in this market?
One of the great things about Havertown real estate is that we have not seen a major decline in home prices. The largest decline has been seen in homes that have not been kept up with the times. A dated home that might have sold for $300,000 5 years ago, will most likely sell for closer to $260,000 today. Therefore, if you're willing to take on some repairs and updates, you can get a great deal on a home. I have several clients who've taken advantage of both the tax credits and market place by purchasing a solid but dated home for 20,000 to 40,000 less then the updated home next door. If you're willing to put in a little sweat equity, you can get a great deal and even build equity in a relatively short period of time. The extra $8,000 Tax Credit come tax time feels pretty good to.
Bottom Line
Before you get all bent out of shape listening to the national real estate forecast, which is about as accurate as the national weather forecast, check out what's happening in your local market. I'm happy to answer any questions you might have about Havertown or about what that house down the street sold for. Please don't hesitate.
I'll keep you posted.
Best regards,
Tyler Wagner
Associate Broker
Wagner Inc. Real Estate
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