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Market Conditions in Gladwyne : Real Estate Advice

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  • Local Info0
  • Home Buying3
  • Home Selling2
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The Home See…, Other/Just Looking in Philadelphia, PA
Fri Dec 5, 2008
The Home Seeker answered:
Hi there. THere is a nice inventory of lower end as well as high end executive rentals in Gladywne. They range 1,800 for small trinity to 5800 for an Mediterreanean Villa. My best advice is to contact a local Prudential Fox and Roach or Long and FOster office. ... more
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Edward Carboy,  in 19468
Thu May 22, 2008
Edward Carboy answered:
In Gladwyne, like most of montgomery County, real estate prices have dropped. Percentages depend on the price range. For example, homes that listed for $1,025,000 eventually sold for $918,000, not that we all can afford that. While homes originally listed for $525,000 eventually sold for $500,000. The lower the price range the less the loss of equity, and this seems to be typical around Montgomery County. FYI I pulled the, above statistics from our MLS spanning from Dec.07 to May 08. Like the previous answer, I tell everyone that I talk to about Real Estate: if you are upgrading and you recently lost some equity so did the seller of the house you are going to buy. So, with the interest rates, moving is worth the initial loss. Good Luck! If you have any other questions? 610-864-1487 ... more
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Market Conditions in Gladwyne Zip Codes

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