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Plenty of choice for luxury home buyers in Tredyffrin Easttown in 2014

If you are looking for a luxury home in Tredyffrin or Easttown Townships you have plenty of choice in both townships of homes priced at a million dollars or more. From new to hundred year old houses, from homes in a development to those on land there is plenty of choice.

Tredyffrin Township has fourteen homes, of which one is under contract priced from a $1,000,000 to $2,850,000, the latter price for an 8600 square foot house which is $331 per square foot for a four year old stone home located in the Highgrove development.

Easttown you currently can choose from thirteen homes on the market of which one is under contract and several are not currently allowing showings, also priced from $1,000,000 to $4,495,000 for a 113 years old, 13,603 square foot house, which is $330 per square foot. 

Sales have been happening with 5 pending sales in Easttown, and both townships with 3 settled sales each referenced below.

Prices for these homes seem very comparable for each township, in the last few years we have seen the price difference Easttown used to have be eroded as more high end properties have come to market in Tredyffrin township as well in pricing, but we see on sales that the difference is still very real. However, simply looking at data can skew your numbers and you have to know how to analyze it as well. For example if you compare the homes that have sold, Easttown homes sold in this quarter for $273 per square foot on average, all homes being relatively modest in size and not above 5500 square feet. In Tredyffrin that number for sold homes drops dramatically to an average of $188 per square foot. Why the difference? This was caused primarily by a sale of one 8451 square foot house for $1,325,000 which is actually $157 per square foot.

There are many reasons people select homes in Easttown over Tredyffrin township, but if you are looking for a large house with the biggest bang for the buck, it may very well be found in Tredyffrin Township.

If you are looking for a luxury home we can advise you having lived in the area for over 24 years. Or if you have a luxury home to sell our affiliation with Christie's Ral Estate allows us to market your home beyond just our local borders reaching high net worth clientele the world over.

 

If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you,  contact us or connect

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Comment balloon 0 commentsNick & Trudy Vandekar, 610-203-4543 • March 19 2014 09:46AM

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