Home Buying in 19026>Question Details

Omar Gordon, Home Buyer in Drexel Hill, PA

how do i find out what homes sold in recent months in drexel hill. include starting price and length of time

Asked by Omar Gordon, Drexel Hill, PA Wed Apr 30, 2008

i have been following the market and have seen much inventory in drexel hill and also numerous price changes. i am looking to buy here and am looking for trends.

Help the community by answering this question:

Answers

5
Omar I will just add to make sure whoever does your checking for you checks the history of the property and not just the current MLS sheet. Homes are withdrawn and relisted on a regular basis these days so that the MLS sheet does not reflect how long the house has really been on the market or what the true first asking price was. Checking the history takes a tad more time but only way to access accurate information. We usually provide this information on each home we show before the client sees the home so I"m sure once you find an agent they will probably also do this for you. If not their norm then just ask. Also ask them to check price trends for 2006 to 2007 verses 2007 to 2008 in the price range your looking at. That will tell you whether prices have increased or decreased and by what typical percentage. These trends can be very different depending on price range and even neighborhood so be thorough. Compare area with neighborhood to get a comprenhensive picture of whats going on . We have been working in Drexel Hill area for a couple clients these past few months and I can tell you things are moving very slowly there. If your looking in the 250 price range I know of a couple great deals right now if your interested. Anyway best of luck to you. Debbie
3 votes Thank Flag Link Thu May 1, 2008
Hi Omar,
The current market is not yet stablized, to try to stay current with trends I wouldn't reasearch past the last 3 months. Sale prices and Interest rate are still Lower than last year. If you are look for more bang for your buck there are many florecloses and shortsales (single homes under $90,000). If you like a list to look at feel free to contact me. There is NO charge to buyers. Have a great day and I look forward with specking with.
Web Reference: http://JamalPurcell.com
1 vote Thank Flag Link Sun Jan 31, 2010
Hello Omar,
The best place to look for that information is the MLS. I would talk to someone who subscribes to that service, such as a Realtor or an appraiser.
Good Luck!
Michael

Michael D Delp
Mortgage Pro
4802 Old Bethlehem Pike,
Telford Pa. 18969
Ph- 215-453-1025
Fax- 215-453-1012
Cell- 610-762-0318
michaelddelp@aol.com
michaelddelp@verizon.net
http://www.mortgagepro.instantlender.com
1 vote Thank Flag Link Thu May 1, 2008
Omar: Trends are that prices are still slowly coming down. Any realtor can provide you with a list of property activity within the last three months. The market has not stablized so there are many properties out there, you should also consider shortsales if you want to get a good price. You can negotiate with the bank, so the upside is that pricing is usually very good. The downside is that sometimes the paper work and negotiations can take a few months, also the properties are usually sold as is. I hope this helps. Also, the paper usually gives listings of recent home sales.
0 votes Thank Flag Link Wed Feb 11, 2009
Omar,
Just give me a few minutes of phone time and we can start a fresh search for you. The inventory is good and I am sure we can start a search. Have a good night.
Tish
0 votes Thank Flag Link Tue Feb 10, 2009
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer