Archive for the ‘New Castle County’ Category

Happy Labor Day 2014

September 1, 2014

Happy Labor Day to All!

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&

To All a Good Fall!

Be sure to enjoy the remaining days of summer and recharge for a great fall season!

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
www.DelawarePAHomes.com

Westhaven & West Park Homes and Real Estate Update

August 20, 2014

Westhaven and West Park are ideal home choices for those looking for great classic housing in a convenient close to Wilmington location.

Westhaven & West Park Wilmington DE 19807Westhaven and West Park are two neighboring developments adjacent to Westover Hills. They are located just west of DuPont Rd and north of Lancaster Pike across from the Cab Calloway School of the Arts. This location provides immediate access to Greenville, Hockessin, Wilmington, and all of New Castle County.

With just over 80 properties, Westhaven was developed first. Construction began in the early 1930s and continued through the forties and later but over half of the homes were completed between 1939 and 1945. Westhaven contains a nice mix of mostly 3 or 4 bedroom two story colonials. Individual properties range from 1,675 sqft to over 3,000 sqft with the most common size being in the 2,000-2,500 sqft range. Individual lot sizes range to over half acre but most are just under a quarter acre.

Westhaven Home Greenville DE 19807Over the last few years, Westhaven home prices and sales have been fairly stable with an average 2-4 sales per year. The average sales price has generally remained in the mid $400,000 range with individual pricing ranging from $288,000 to over $600,000. In 2014 year to date, there have been 4 home sales with an average price of $423,000. There is also one home pending with a list price of $335,000 and one property for sale listed for $569,000.

West Park is the smaller more recent neighbor with about 45 properties. West Park has a wide range of styles including capes, colonials, ranches and split levels homes. Construction began in 1959 with most completed by 1966. Individual sizes ranged from 1,625 sqft to 3,950 sqft, but like Westhaven, the most common size was between 2,000 and 2,500 sqft. West Park Home Wilmington DE 19807Lot sizes were comparable to Westhaven averaging around a quarter acre.

Although sales have been fewer due to the smaller community size, West Park prices have not been as strong as seen in Westhaven and Westover Hills. The pricing could be impacted by the potential for new development in the area. One home sold in 2013 for $375,000 and there has been only one completed sale in 2014 for $300,000. There are no properties currently under contract or available on the market.

Both communities offer excellent housing choices in a convenient location with immediate access to great shopping, good schools, and all the area has to offer. Be sure to include them in any search in the area.

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
www.DelawarePAHomes.com

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

705 Princeton Rd Westover Hills Wilmington DE 19807 Open House

August 8, 2014

Open House at 705 Princeton Rd this Sunday, August 10, from 1-3.

This Sunday, 705 Princeton Rd will be holding a public Open House from 1-3.

705 Princeton Rd

Situated on one of the most sought after streets in Westover Hills, 705 Priceton Rd is a beautiful 4 bedroom, 2.5 bath Tudor presenting a great open floor while utilizing many classic Tudor details.

705 Princeton Rd Living Room

The exterior exhibits the classic half timbered and detailed brick design elements found on many Tudor properties. The main property is attached to a separate two car garage by a breezeway off the kitchen.

705 Princeton Rd Dining Room

Large spacious light filled rooms are found throughout the property allowing for large gatherings and gracious entertaining. Hardwood floors, leaded and stained glass windows, custom cabinetry, wood burning fireplace, and a custom open stairway are just a few of the thoughtful design elements found throughout the property.

705 Princeton Rd Hallway

A large rear yard allows for plenty of space for entertaining or play. If you are looking for a perfect mix of old world design combined with today’s conveniences, be sure to include 705 Princeton Rd in your plans this Sunday.

705 Princeton Rd Westover Hills DE

Directions: from Kennett Pike /Route 52, turn right on DuPont Rd, then RIGHT on Westover, to second LEFT on Princeton to property.

If you have any questions or need any additional information, please do not hesitate to call. I look forward to seeing you.

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
www.DelawarePAHomes.com

705 Princeton Rd Wilmington DE 19807

August 5, 2014

*** Open House Sunday August 10 from 1-3PM ***

Your home awaits on Princeton Rd in Westover Hills Wilmington DE.

705 Princeton RdLocated on one of Westover Hills most sought after streets, 705 Princeton is an ideal mix of old world design with today’s conveniences. Custom built in 1986 using classic Tudor design elements, it is perfect for today’s lifestyle with a great open floor plan allowing for easy living and multiple use options.

The exterior presents the classic Tudor half timbered design elements on the second floor and garage combined with a partial brick first floor. 705 Princeton Rd Living RoomThe separate two car garage has a private rear entry with a covered breezeway connecting to the main house. Brick construction was used on the first floor and stunning full length leaded glass windows are featured on the front elevation of the home. The brick chimney has enhanced brick details to highlight the overall design of the property.

Open space abounds as you enter the gracious entry foyer 705 Princeton Rd Kitchen Bay Windowwith an adjacent half bath and coat closet. The entry immediately reveals the custom turned staircase opening to a spacious living room. The full length windows allow plenty of light during the day with a wood burning fireplace as a centerpiece for those cool winter nights. Adjacent to the living room is a large formal dining room again with full length windows including one with custom stained glass. 705 Princeton Rd Upstairs HallThere is an alcove fit for a separate buffet.

The large eat-in kitchen allows for plenty of room for customization if a new owner so desires. It includes custom cabinetry, two storage closets, and a bay window overlooking the rear yard which echoes the alcove in the dining room. The first floor also features a private den with custom built-in bookshelves.

705 Princeton Rd 19807 Rear ViewA spacious central hallway on the second floor leads to four bedrooms and two full baths. The master is set apart with its own bath, plenty of closet space, and windows with exposures on three sides. The other three good sized bedrooms share a large full bath. From the center hall, a separate staircase leads up to the attic.

Outside, the large private rear yard contains mature landscaping and provides plenty of space for entertaining or other outdoor activities. There is also a large rear parking area for easy vehicle turnaround.

If you are looking for the ideal combination of location, luxury, and gracious living, 705 Princeton Rd should be included in your search. Please feel free to contact me at 610-618-0808 or Cathleen Wilder at 302-218-5880 anytime if you have any questions or would like to tour this beautiful property.

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
http://www.DelawarePAHomes.com

Westover Hills Homes Update – Greenville DE 19807

August 4, 2014

Westover Hills continues to be a premier housing choice in Wilmington Delaware.

Westover Hills HomesWestover Hills DE HomeWestover Hills is situated in a prime location along Route 52 / Pennsylvania Avenue just beyond the Wilmington city limits. It was designed in four separate sections generally moving from the city limits beyond the original Wilmington Country Club property (now part of the University of Delaware) out toward Greenville. The first homes were completed in the 1920’s and new construction continues to this day, but there were three particularly active construction periods from approximately 1935-1940, 1945-1956, and 1996-2000. This has afforded the community a wealth of individual home styles, sizes, and designs that have always attracted Wilmington’s elite.

Westover Hills Greenville DE 19807Today, with almost 400 properties, Westover Hills is the ideal community for those looking for luxury living in a suburban environment with easy access to Greenville, downtown Wilmington, and all the surrounding area. A buyer can find a property to suite almost any lifestyle, from comfortable classic Colonials, to custom Tudors, to large estate properties ranging to over 10,000 square feet of interior space on spacious private lots. Homes have been continually updated and expanded to reflect the current state of the art in housing. Developed to take advantage of it’s natural location, it is a true neighborhood with winding streets, friendly neighbors, stability, and privacy.

Westover Hills Wilmington DE HomesWestover Hills is located close to the intersection of the Kennett Pike (Route 52) and Route 141 between Wilmington and Greenville. Route 52 is part of the Brandywine Valley National Scenic Byway rich in area history and attractions. A number of small shopping areas with boutique style shopping for both food and clothing are nearby in Greenville and Centreville. In addition, it is a choice location with easy access to great schools – both public and private.

The Westover Hills’ location also provides easy access to downtown Wilmington as well as easy commuting options to Philadelphia, Chester County, Delaware County, and beyond. Westover Hills Greenville DE 19807Westover Hills Delaware HomesAmtrak trains and SEPTA are moments away through the downtown Wilmington train station, while the Philadelphia International Airport is just a short distance across the PA line south of Philadelphia.

Housing prices in Westover Hills have experienced the same pricing cycle as seen through much of New Castle County. Prices and activity peaked in 2005 when there were 22 sales and bottomed in 2011 when there were only 11 completed transactions. Today, there are 9 properties on the market with an average listing price of $895,000 with individual prices ranging from $549,000 to over $1,500,000. Two properties are pending with an average asking price over $1,000,000. Six propeties have settled this year with an average sale price of $774,000.

Westover Hills continues to be a prime destination for those seeking top notch living in a convenient neighborhood offering privacy, luxury, and immediate access to everything the area has to offer. Should you need any additional information, please do not hesitate to contact me.

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
http://www.DelawarePAHomes.com

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

This Saturday, July 17, is Delaware City Day!

July 16, 2014

Delaware City Day is scheduled for this Saturday July 19.

Delaware City DEFor over thirty years, Delaware City has celebrated Delaware City Day “to honor and celebrate Delaware City’s historic architecture and ‘small town’ America culture”. There will be a parade at 11:00 with food, craft and other vendors, and live bands throughout the day. WSTW will be broadcasting live from 10:00 until noon. There will also be fireworks Saturday night.

Another great chance to get out with the family and enjoy our state.

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808

http://www.DelawarePAHomes.com

Ashbourne Hills Homes Update

July 13, 2014

Ashbourne Hills prices have strengthened on a slight fall in activity.

In our last August 2013 Ashbourne Hills Update, prices had been basically stable for the last several years with an uptick in activity in 2012 as the market initially responded to the lower prices. For 2013 as a whole, there were 18 completed sales having an average price of $179,000 and averaging Ashbourne Hills Homes72 days on the market. Final prices ranged from $75,000 to $256,000 reflecting the wide range in condition and amenities available.

In 2014 year to date prices have risen with 9 completed sales averaging $199,000. Once again, we are seeing a wide range of final sales prices from $70,000 to $250,000. The average days on the market has also fallen to 51. In addition, there are 3 properties under contract with an average asking price of $182,000 and 8 properties active on the market with an average list price of $235,000.

With the rise in pricing, we are seeing just a slight fall in activity but this could be quickly overcome as we head through the year. Ashbourne Hills remains a solid choice for those looking at homes in the North Wilmington area and should be included in any area search.

 

David Henke
Long & Foster Real Estate, Inc – Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
http://www.DelawarePAHomes.com

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

 

New Castle County Delaware Home Sales Update

July 2, 2014

The pace of New Castle County Home Sales has eased from the pace in last two years but continues to be solid.

Today there are 2,583 properties currently listed for sale in New Castle County with an additional 939 under contract. The average list price of those properties listed in June was $267,000 versus a year to date average list price of $257,000. There have also been 2444 completed sales with an average sales price of $225,000.

Canal BridgeOn July 2 of 2013, there were 2,354 properties for sale, 1028 under contract, and 2565 homes had been sold. The average list price for the first six months of 2013 was $240,000 while the average sales price was $221,000.

The 2014 numbers represent an increase of 229 properties on the market (+9.7%), decrease of 144 homes under contract (-14.0%), and decrease of 121 properties sold (-4.7%).

Though weaker, the overall numbers appear fairly solid for New Castle County considering the weather and overall state of the economy. Expecting a stronger market, sellers are asking more, but the completed sales prices indicate a fairly stable pricing environment (up less than 2% year to year).

Based on the current market, it looks like we will be seeing more of the same as we continue through 2014. As always, don’t hesitate to contact me anytime with questions.

David Henke
Long & Foster Real Estate, Inc – Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808
http://www.DelawarePAHomes.com

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

 

 

Bear DE Home Sales Update – Zip 19701

June 16, 2014

Bear Delaware home sales continue on a steady pace as we approach summer 2014.

By the numbers:

Year to date there have been 151 home sales in the Bear De Zip code of 19701. This is exactly the same number year to date as in 2013. The average sales price has risen 10% from $211,000 to $233,000. Final sales prices ranged from a high of $599,495 to a low of $23,000. Bear DE Zip 19701The average total days on the market has risen from 78 days in 2013 to 86 in 2014. The final price realized to the final list price ratio has also risen from 96.72% to 97.6%.

In addition, there are 83 properties currently under contract with an average sales price of $237,000 and 143 properties on the market with an average asking price of $283,000. Current prices range from a low asking of $25,000 to a top price of $749,900. Of these, 43 were listed in the last 30 days.

Bear home sales are expected to continue their steady pace through 2014 reflecting the stable area economy and great financing rates currently available.

Questions on the area? Buying or selling, contact me anytime.

David Henke
Long & Foster Real Estate Inc – Bear, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808
http://www.DelawarePAHomes.com

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

Happy Memorial Day 2014

May 26, 2014

= Happy Memorial Day to All =

Delaware Veterans Memorial Cemetery - Memorial Day 2014

Delaware Veterans Memorial Cemetery – Memorial Day 2014

 

Take Time to Remember All Those Who Have Served.

David Henke
Long & Foster Real Estate Inc – Bear, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808
http://www.DelawarePAHomes.com