Archive for the ‘Clifton Heights’ Category

Clifton Heights PA Homes Update

March 22, 2011

Clifton Heights PA continues to be a popular housing choice in eastern Delaware County.

Clifton Heights PAIncorporated on June 1, 1885, Clifton Heights PA is located just 6 miles west of Philadelphia. Located on Darby Creek, Clifton Heights was shaped by the development of the mills that drove the local economy. Today it continues to be a great smaller Borough centrally located in eastern Delaware County centered at the crossroads of Baltimore Pike and Springfield Road.

Clifton Heights PA Twin HomeClifton Heights is just minutes off Route 1/Township Line Road to the north, I-476 to the west, and I-95 to the south. The borough is well served by both bus and rail public transportation options. Both the 102 Trolley Line and the Media/Elwyn Regional Rail Line(check the video) afford quick and easy access to Philadelphia, Media, and multiple connections through the 69th Street Terminal.

Most of the housing consists of either row homes or twins with a good representation of both single family homes and condos as well. Clifton Heights PA Row HomesLike most areas of the county, prices have retreated a bit since reaching the highs seen in 2006 and 2007. Prices peaked with an average price of $135,000 in 2006 and $136,000 in 2007 including two sales reaching into the $270,000 range. Since then average prices retreated to $129,000 in 2008, $119,000 in 2009, and $118,000 in 2010. Today, there are 45 homes currently on the market with an average $119,000 asking price with 8 homes under contract averaging $128,000, and 9 homes sold year to date for $99,000.

With its convenient location, great public transportation, affordable housing, and good range of housing options, Clifton Heights is a great home choice in the area.

David Henke
Long & Foster Real Estate Inc – Newtown Square,PA/Bear, DE
Office: 610-225-7400/Cell: 610-618-0808
www.DelawarePAHomes.com

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SEPTA Travel Update – Philadelphia PA Area

July 27, 2009

Just a couple of quick SEPTA Update points for residents and those planning a visit to the region:

SEPTA Train Delaware County PAIf you are going to be in the area for just a brief period but plan on depending on public transit, SEPTA has now added three options: the One Day Independence Pass, the Family One Day Independence Pass, and the One Day Convenience Pass.  The primary differences between the Convenience Pass and the Independence Pass are that the Convenience Passes can not be used on the regional Rail Lines and are limited to only 8 trips.  The Independence Pass only places limits on the regional Rail Line travel prior to 9:30 AM.

If you only need easy transportation options while visiting for a short time, these allow more flexibility then the traditional Weekend Passes or weekly TransPass and TrailPass.  For all the options and costs, be sure to check the SEPTA site.

Also be aware that SEPTA is now beginning the projects approved under the American Recovery and Reinvestment Act.  SEPTA Logo PAFunding has been approved and awarded for various projects across the region.  The complete project list covers everything from Station Renovations to basic Right of Way and Yard work.  Many of theses projects have been discussed in a recent article from the Delaware County Sunday Times.  A key change to note is the upcoming closure of the Route 101 and Route 102 trolley lines for up to a year as the entire line is upgraded.

SEPTA continues to provide many transportation options throughout the Philadelphia area to serve the needs of the local residents.  With these changes both to fares and the physical system, this service should be in better shape for years to come with improved equipment and service.

As always, if you have any questions or need additional information, please do not hesitate to contact me anytime.

Briarcliffe PA and Westbrook Park PA Home Market Update

July 24, 2009

Both Briarcliffe PA and Westbrook Park PA continue to be popular and stable housing choices.

Briarcliff Row Darby PABriarcliffe Darby Pa was last visited here back in March.  Since that time, the local home pricing has actually strengthened although the activity has remained leisurely.  The average prices for 2009 have climbed 4% from the early 2009 sales to an average settled price of $144,000.  Activity has remained slow with only 26 settlements year to date with an additional 12 under contract, but this activity could surpass the overall 2008 numbers.

Briarcliife Volunteer Fire Co Darby PACompared to activity at the same time in 2008, prices have risen 1.6% while activity has fallen 33%.  These numbers are comparable to what we have been seeing throughout the county.  The prices are also a bit higher due to several single family homes entering the mix.  If the market remains under pressure, we could see some additional pullback in prices as the year progresses.  Inventory remains reasonable with 33 homes currently on the market (twice the level seen in March) with an average list price of $152,000 and an average of 133 days on the market.

Westbrook Park Upper Darby/ Clifton Heights PA has also continued to hold its own.  There have been 24 sales this year to date 2009 at an average price of $152,000 exactly matching the average for 2008.  Westbrook Park Row Homes Upper Darby PAAs seen above sales activity declined 31% from the rate seen at this same time last year.  Pricing however has also remained basically stable falling from $153,000 in 2008 at this point to $152,000 this year.

The average days on the market have also climbed from 94 days in 2008 to 119 average days today.  Like Briarcliffe, this rise is not unreasonable, but the trend, should it continue, will lead to solid pressure to reduce prices.  There are now 21 homes on the market versus the 14 homes in January.  This seems reasonable on a seasonal basis.

Delaware County PA Row HomesBoth communities continue to have solid sales and remain within the price range of many first time buyers. The activity could remain steady through the first part of October as potential buyers align themselves to take advantage of the $8,000 First Time Home Buyer Tax Credit.  After that point pricing will depend on the actions emanating from Washington DC and the overall economic situation.

As always, should you have any questions or need any additional information, please do not hesitate to contact me anytime.

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

Clifton Aldan SEPTA R3 Regional Rail Station Clifton Heights PA

May 27, 2009

ClifAldBoaWelcome to Clifton Heights PA.

Clifton Heights Borough Pennsylvania is one of the smaller boroughs in Delaware County Pennsylvania but is an important road, train, trolley, and bus crossroads and is well served by SEPTA.  The borough itself is centered on the intersection of Baltimore Ave (Baltimore Pike as you travel west) and Springfield Rd which both carry heavily traveled bus lines.  The 102 Trolley travels basically north to south through the borough on its way from the 69th Street Terminal to its end in Sharon Hill PA.  The R3 Regional Rail Line runs along its southern border with Aldan generally from east to west.

The SEPTA R3 Regional Rail Line station is located at the intersection of the R3 Rail Line and the 102 Trolley at the Rail Line’s overpass at Springfield Rd.  The original station is on the south/Aldan side and it has a shed on the Clifton Heights side of the platform.  There are good size parking lots located on both sides of the track as well as affording plenty of space on each side for dropping off/picking up passengers.  It is within easy walking distance of many homes and businesses in both boroughs.  The video should give you a better feel for the area:

Although prices have pulled back somewhat, the real estate market has remained very active.  From an average sales price of less than $100,000 in 2003, prices rose quickly to peak at an average of $143,000 in 2007.  Activity actually spiked to 128 transactions in 2004 and has drifted down since then to 125 sales in 2005, 111 in 2006, 96 in 2007, and 64 in 2008.  In 2009 we have already seen 24 settlements at an average price of $124,000 with an additional 13 properties pending ($142,000 average price) and 37 homes now available on the market at an average $158,000 list price.  Considering the the higher average pending price at this time, the average sales prices could be heading a bit higher.

This is a great commuting station with good access to rail, trolley, and bus lines.  It also has parking and is within easy walking distance of many residential areas.  If you need transportation to or from the area, this is a great station to consider.

As always, please do not hesitate to contact me for any additional details.

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