Archive for November, 2009

Collingdale Borough PA Homes and History

November 25, 2009

Welcome to Collingdale Borough PA for a brief real estate & homes update with some history to boot.

Collingdale is a mid-size borough located in the southeast corner of Delaware County.  As in much of the county, this area was primarily agricultural until in the 1800’s developers bought up tracts of land to take advantage of development afforded by the growth of the local rail lines.  As land was acquired and development grew, Collingdale Borough was divided from Darby Borough and received its own charter on December 23, 1891.  After incorporation, Collingdale continued to expand its borders through various ordinances to grow to its present size in 1922. Today, almost half its area is occupied by four cemetaries with much of the remaining property being primarily residential.

MacDade Blvd is the primary east-west street in the borough while Clifton Ave would be the most heavily traveled north-south artery.  The Borough is surrounded by Darby Borough to the east, Sharon Hill to the south, Darby Township to the west and Aldan toward the north.  The SEPTA 102 Trolley crosses through the borough on its western edge and provides easy access to the 69th Street Terminal and Philadelphia beyond.  Forming its northeastern boundary Springfield Road affords quick access south toward the Philadelphia Airport and I-95 and north toward the rest of Delaware County.

Collingdale Borough contains a nice mixture of row homes, twins, and single family properties.  As we have seen through much of the county, Collingdale has not escaped the pullback in prices and activity experienced in other areas.  Home sales activity peaked in 2006 with 187 transactions while pricing peaked in 2007 with an average sales price above $115,000 (having risen from below $80,000 in 2003).  Since then we have seen a steady decrease in sales volume with only 75 home sales year to date in 2009.  Prices have also seen a steady decline with prices only averaging $91,000 in 2009.  There are also an additional 16 homes pending with an average list price of $105,000 and 71 homes currently on the market with an average list price of $112,000 as the market has shown some strength recently.

With its wide range of housing options, convenient location, and multiple transportation options, Collingdale should quickly return to a more stable market and remain a popular lower Delaware County housing option for years to come.

As always, let me know if you have any questions or may be looking to buy or sell in the area.

Advertisements

WMMR’s Preston and Steve Camp Out for Hunger 2009

November 19, 2009

WMMR’s Preston and Steve’s Camp Out for Hunger is almost upon us for 2009.

From Monday November 30 through their broadcast on Friday December 4th, Preston and Steve are once again holding their Camp Out for Hunger in the Metroplex Shopping Center in Plymouth Meeting, PA.  Donations will be accepted at the camp out from 6:00 AM to 8:00 PM daily until it wraps up on Friday at 10:00 AM.  There will be a wide variety of daily prizes for the largest donations from individuals, businesses, and groups and random prizes throughout the event.

All donations will benefit Philabundance.   PhilAbundance is “the Philadelphia region’s largest hunger relief organization.  Their mission is to end hunger and malnutrition in the Delaware Valley by acquiring food and distributing it through organizations serving people in need.  They’ve been around since 1984 and have provided food for over 60 million meals!”  This is Steve from last year’s CampOut:

In addition, there is still time to make a donation before the Camp Out begins through the Camp Out Head Start.  Until Wednesday November 25th, you can donate online through www.ACMEMarkets.com .  If you will be unable to drop by in person, this is a great way to continue to support the local community and the efforts of WMMR’s Preston and Steve.  If you can drop by, Preston and Steve will be broadcasting each morning and there will be live events throughout the day.

It’s a great cause and they need your help this year now more than ever.   Be sure to stop by, say hi, and support Philabundance next week.

WMMR Rocks!   Support PhilAbundance Today!

Be sure to visit the WMMR site for all the details, location, and times!
Also be sure to check out the programs offered by Philabundance.

Eddystone Borough PA Homes and History

November 7, 2009

The real estate market for Eddystone Borough PA Homes continues to hold its own.

Eddystone Borough PA Town HallLocated between the City of Chester and Ridley Township/ Tinicum Township just below Philadelphia along the Delaware River, Eddystone Borough continues its historic role as a center of commerce.  Settled in the 1600s by the Swedes and then taken over by the Dutch in 1658, this was one of the earliest settled areas along the Delaware River.  Originally an agricultural area as seen in Tinicum Township and Chester, it quickly grew into a center of manufacturing as industry grew throughout this area along the Delaware.  Eddystone was incorporated from Ridley Township in 1888.

The growth of Eddystone Borough peaked in the twentieth Century with the growth of arms manufacturing and locomotive production.  Remington Arms became a major arms manufacturer in the area during World War I.  Their plant was built on Baldwin Locomotive Works land and originally manufactured rifles for the British and Russian Troops.  Baldwin Locomotive Works Executive Office Building Eddystone PAThese contracts were later replaced by US Government contracts, and the Remington plant ultimately produced almost 2 million rifles with a peak production of 6000 rifles/day before being closed on January 11, 1919.  Interestingly, over two-thirds of the rifles used in France were produced in the Eddystone plant.

During the same period, beginning in 1906, the Baldwin Locomotive Works built up its production in Eddystone as it moved its operations to this larger plant from facilities in Philadelphia.  By 1928, all its locomotive production had been moved to the new facilities in Eddystone and its new Executive Office Building had been completed at a cost of $1,220,000.  It quickly became the largest locomotive builder in the United States.  Sadly, the company was unable to make the transition from steam to diesel and ultimately closed in 1956.

Eddystone PA Row HomesToday, the former Baldwin Locomotive land houses an office park (including the original Executive Office Building), a PECO generating Station, and various commercial properties.  In addition, the Penn Terminals now occupy the property adjacent to the Delaware with their marine terminal and stevedoring services.  The balance of the borough is primarily residential and light commercial.

The Eddystone Borough real estate market has held up very well so far through this downturn.  The average home price in Eddystone Borough approximately doubled from around $60,000 in 2000-2002 to peak with an average price of $120,000 in 2007.  Since then, pricing pulled back to an average price of $103,000 in 2008 and $109,000 in 2009 year to date. (The 2009 price includes a $205,000 single family home sale).

Eddystone PA TownhomesActivity has also remained fairly constant with Borough sales ranging from a low of 23 homes in 2008 to a high of 34 homes in 2006.  There have also been 26 completed home sales so far in 2009 with 3 sales pending.  Today, there are an additional 16 homes on the market with an average list price of $110,000.  Overall, this was one of the later areas to be impacted by rising prices seen throughout the region allowing it to avoid much of the overpricing experienced in some of the surrounding areas.

Penn Terminal Eddystone PANow, the area is redeveloping with a stronger, more stable, and diversified business base including the PECO generating plant, the adjacent Boeing plant in Ridley Township, Harrah’s Casino in Chester, and various other manufacturing and business opportunities.  With its diversified jobs base, close proximity to Philadelphia, easy access to commuter options by SEPTA and the I-95/I-495 freeways, and affordable housing, the residential market should remain relatively stable.

As always, if you have any questions or need any additional information, please feel free to contact me anytime.

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Protected: Health Care Apps – VS – The Old Hat People

November 2, 2009

This content is password protected. To view it please enter your password below:

Anderson Av Station SEPTA 101 Trolley Drexel Hill PA

November 1, 2009

Anderson Ave Station SEPTA 101 Trolley Drexel Hill PAWelcome to the Anderson Avenue station of the SEPTA 101 Trolley in Drexel Hill PA Upper Darby Township.

The station itself is located at the dead end of Anderson Avenue just two blocks south of State Rd.  It is an on-demand stop located midway between the Aronimink and Drexelbrook stations just on the backside of the Drexelbrook apartments.  This location provides easy access to the entire Aronimink section of Drexel Hill.

Anderson Ave has no dedicated commuter parking at this location and limited access so it is primarily a local commuter stop.  There is a small shed on the eastbound side for waiting commuters.  The video will provide a better feel for the area.

Like Aronimink, this station is in the center of the greater Drexel Hill residential area providing a great mix of twins, row homes, and a wide variety of single family homes throughout the area  Please check out the Aronimink Market Update for the complete sales statistics.

The Anderson Av Station is an ideal local station providing easy access to Media to the west and to the 69th Street Terminal and Philadelphia beyond to the east.

As always, should you have any questions, need any additional information, or be considering a move in the area, please do not hesitate to contact me anytime.