Posts Tagged ‘Canter Village Edgmont PA’

Runnymeade Farms – Variety in Edgmont PA Homes

April 22, 2009

Open House Sunday May 10, 12-2 Town Home Muirfiled CT

Conveniently located off Providence Rd just south of the West Chester Pike (Rt3) in Edgmont Township PA, Runnymeade Farms remains one of the most popular housing choices in the region.  Encompassing everything from small condominiums up to large single family homes all in a community with its own tennis courts, swimming pool, and plenty of open land, there is something to be found for most anyone.

Ruunymeade Farms Entry Edgemont PARunnymeade Farms actually has several separate sections.  Single family homes are found in the original Runnymeade Farms, The Ridge, Canter Village, The Reserve at Springton Pointe, and Springton Woods.  Pritchard Place is largely traditional condominiums.  The Clusters and a few units within Prichard Place are town-home construction.  All the various areas have access to the shared pool and tennis facilities.

The community covers a huge price range.  Starting at the lower end, Pritchard Place is primarily composed of 2 bedroom 2 bath condos although there are also some one bedroom units and some town-home designs.   Average pricing rose from below $200,000 in 2004 to peak at $233,00 in 2006 with 13 sales.  Since then prices have drifted down to $214,000 with 14 sales in 2008 and $202,000 with 2 sales year to date in 2009.

The townhomes are most commonly 3 bedroom units concentrated Springton Woods Runnymeade Farms Edgmont PAin The Clusters on Sawgrass Lane and Muirfield Court with some additional two bedroom units in Pritchard Place.  Pricing in these units also peaked in 2006 with only 2 sales averaging $328,000.  These prices have also been heading down to an average of $291,000 in 2007 (5 sales) and $265,000 in 2008 (3 sales).  Due to the small volume of sales, the price drop appears more dramatic than it is due to a shift in the mix of sold properties.

The single family homes have a more varied picture.  Due to the wide range of styles, settings, and sizes, it is much more difficult to make any generalizations as far as pricing.  From 2004 through today, averaging pricing has ranged from a high of $616,000 in 2005 (13 sales) to an average of $490,000 (2 sales) so far in 2009, but this encompasses sales prices from well below $400,000 to well above $800,000.   The pricing is very much Canter Village Runnymeade Farms Edgmont Township PAdependent on the homes exact location within the community.  Let me know if you are looking for pricing in a particular location and I can quickly provide you with some additional details.

Today, there continue to be a good selection of homes currently available.  Properties now available range from 3 one bedroom condominiums priced below $200,000 to 3  three and four bedroom single family homes priced in the mid $500s.  In all there are 18 properties on the market with an average asking price of $365,000 and three additional homes are currently under contract with an average list price of $324,000.

So if you are considering a move to a nice Pennsylvania country location with easy access to major highways and commuting routes and are looking for the amenities that can be found in a nicely planned community, it would be difficult to find a more all encompassing choice than Runnymeade farms.  In addition, Pritchard Place Condos Runnymeade Farms Edgmont TWP PAthe community is just minutes from future commercial development along Route 3/ West Chester Pike in both Edgmont and Newtown Square which should afford ample local entertainment options in the future.  It is also just minutes from the outdoor facilities and trails in Ridley Creek State Park.  From the convenience of small one bedroom condos to the privacy and  ease of living in a large single family residence, they can all be found within Runnymeade Farms.  Feel free to contact me anytime for further information.

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