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Market Conditions in East Norriton : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling2
  • Market Conditions2

Activity 3
Thu Oct 2, 2014
Ruth and Perry Mistry answered:
Thu Sep 15, 2011
R. Eric Axelson answered:
Hi Corecusa, I am a luxury broker with Sotheby's. I am proud that we work with distinctive clients in ALL price ranges.

I have worked with other Sellers in a similar situation. What I would recommend is having a broker come out and give you two (2) CMAs (comparative market analyses): one (1) for the sale of the house and one (1) for the rental. Also, I would recommend we do an initial search and see what kinds of homes are out there and what they are being offered for.

To answer your question more directly though, what I have been finding lately is that, in this economy, it is best to hold and rent as it is highly probably that your home will be worth more in a few years. Each property is valued on a case by case basis, however, so I would recommend getting those estimates as soon as possible so you have all the information you need to make an educated decision.

If you would like my opinion and guidance, please don't hesitate to contact me.
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Wed Sep 17, 2008
Gregory Parker answered:
Hello Olga,

The current average DOM for East Norriton is 99 and the list price to sale price ratio is 93.45%. Please feel free to contact me should you need further assistance or advice on getting your home ready for resale.

Gregory S. Parker, CRS
Coldwell Banker Realty Professionals
2924 Swede Road
East Norriton, PA 19401
Office 610-277-5000 Ext. 249
Direct 610-994-1147
Web Reference:
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