U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > Pennsylvania > Philadelphia
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-25-2007, 11:55 AM
 
7 posts, read 26,690 times
Reputation: 11

Advertisements

We are relocating to the Philly area this spring and trying to research areas to purchase a home in. The Chester and Delaware counties look to match what we are looking for. Can anybody let me know how the home market is within these areas. Any idea on what most houses end up selling for in comparison to their asking price. I've read in some areas that homes in certain markets are getting 80% of asking price. We are looking for a 4/2.5 house under $300K.
Reply With Quote Quick reply to this message

 
Old 12-26-2007, 05:18 PM
 
10 posts, read 7,837 times
Reputation: 11
Unfortunately you won't find many matches, if any in those counties unless you get an older townhome if that's ok with you. You may have better luck in the North part of Montgomery County like Pottstown or Berks County.
Reply With Quote Quick reply to this message
 
Old 12-26-2007, 05:34 PM
 
16 posts, read 102,230 times
Reputation: 15
Philly is high crime, neighborhoods are getting worse and very few good areas. If you find out, consider the great demand for it, so you won't get what you want close to center city.

Further out, in pottstown, up 476 as you go closer to allentown, and west in the downingtown area is where you will get what you are looking for. Unfortunately these are aslo the worst hit because of the extra houses, very very high foreclosure rates, so owning a home there is financially not sound.
Reply With Quote Quick reply to this message
 
Old 12-27-2007, 06:05 AM
 
20,324 posts, read 18,322,261 times
Reputation: 11283
Try Berks, its certainly in your price range. A new 4 BR 2.5 2 car should go for that in a new development or an existing one. Eastern Berks is within an hours commute to KOP. The real estate market here is as solid as anywhere in Pa although they are making efforts to stop new developments from burdening already overtaxed schools. You won't get any cut rate bargains but taxes and prices are still cheaper than areas closer east.
Reply With Quote Quick reply to this message
 
Old 12-27-2007, 06:45 AM
 
Location: Willow Grove, PA
37 posts, read 164,442 times
Reputation: 21
Quote:
Originally Posted by samsmith View Post
Philly is high crime, neighborhoods are getting worse and very few good areas. If you find out, consider the great demand for it, so you won't get what you want close to center city.

Further out, in pottstown, up 476 as you go closer to allentown, and west in the downingtown area is where you will get what you are looking for. Unfortunately these are aslo the worst hit because of the extra houses, very very high foreclosure rates, so owning a home there is financially not sound.
I'm sorry, but I disagree with almost everything you said here. I thought we had someone asking for help regarding the housing market in Delaware & Chester Counties? I'm sorry, but I don't think you added any information to the discussion here.

Do you have any insight on the actual question?
Reply With Quote Quick reply to this message
 
Old 12-27-2007, 04:35 PM
 
Location: Elizabethtown, KY
34 posts, read 131,927 times
Reputation: 19
Several of my colleagues live in Drexel Hill (Delaware County) and absolutely love it. They do have grown children though.
I hear good things about Media (Chester) from second hand sources, but the obvious benefit there is two different SEPTA routes into the city and access to the Blue Route (476) if you work in the KOP area.
I commute to University City and we're considering the areas from Malvern (Chester) westward.
Reply With Quote Quick reply to this message
 
Old 12-29-2007, 09:24 PM
 
97 posts, read 514,516 times
Reputation: 43
"We are looking for a 4/2.5 house under $300K."

Can you describe the reason you were thinking of Chester and Delco? Commuting? Family? Other__________?
Reply With Quote Quick reply to this message
 
Old 01-04-2008, 03:59 PM
 
45 posts, read 191,761 times
Reputation: 19
Drexel Hill, Havertown you may find something that's your fit but it might be a twin or row at that price range. The closer to the city the cheaper and sometimes smaller the house. As you move out towards Marple Township, Main Line areas and Chester county it starts to higher in price. If you have kids be sure to look deep into the schools (if you are doing the public school route) because it varies from one town to the next with in the counties.

Montgomery county such as Lansdale is great too but again it might be a twin or row at that price.

Good luck!
Reply With Quote Quick reply to this message
 
Old 01-06-2008, 06:22 PM
 
16 posts, read 102,230 times
Reputation: 15
MReiser I was referring to the advice PARelo gave the poster, he said go down 476/422/202 and get cheaper housing. Now what part did you disagree with?

crime
anything house close to center city is overpriced (mainline)
Up 476/422/202 you get cheaper housing, but there is a glut available. People are unable to sell and those who are selling are selling at much lower prices. Foreclosure rates at these over developed areas are super high, and builders overbuilt.

I believe the poster will find what they are looking for, but as a new person they need perspective and knowledge about where to stay away from.



Quote:
Originally Posted by MReiser View Post
I'm sorry, but I disagree with almost everything you said here. I thought we had someone asking for help regarding the housing market in Delaware & Chester Counties? I'm sorry, but I don't think you added any information to the discussion here.

Do you have any insight on the actual question?
Reply With Quote Quick reply to this message
 
Old 01-08-2008, 01:50 PM
 
27 posts, read 97,181 times
Reputation: 12
Default 4/2.5 for under $300,000 will be tough.

BadDog,

You are going to have a hard time finding a home in DE/Chesco for this, unless perhaps you head out to Coatesville or deep Chester County. Even then, it will be an older home/fixer upper.

Delaware and Chester Cos are huge...can you tell us a bit more about your criteria, such as where you work near, if good schools are a requirement?

If you could bump up your price to about $350K, you would have significantly more options, though still pretty far out from the city itself. Otherwise, you'll be lucky to find a decent 3/1.5 for that price.

Our market is not that hard pressed, though it's certainly off it's Glory Days of bidding over asking.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Pennsylvania > Philadelphia
Follow City-Data.com founder on our Forum or

All times are GMT -6.

¬© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top