Prices Rose in Villanova's February Home Sales
Five properties were sold in Villanova last month.
Home Sales in Villanova increased in February compared with the same month in 2012, according to a Prudential Fox and Roach HomeExpert Report.
Five properties were sold in Villanova last month, which is an increase of 150 percent over February 2012 when 2 were sold. The prior year that number was 7.
Take a look at the three most expensive homes currently on the market in Villanova.
The median price of properties that did sell last month increased by 17.6 percent from $840,000 to $987,500. In February, 2011, that number was $890,000.
The average days that a home was the market almost doubled from 72 last February to 135 days. In 2011 that number was 175.
See a gallery of the top homes sold in February in the Bryn Mawr-Gladwyne Patch area.
How Lower Merion compared with other Main Line municipalities in home sales last month:
| Number of Properties Sold | |||||
| Municipality | Feb-13 | Feb-12 | Feb-11 | % Change 12 - 13 | % Change 11 - 13 |
| Malvern Bor | 2 | 1 | 5 | 100.0% | -60.0% |
| Tredyffrin Twp | 18 | 10 | 27 | 80.0% | -33.3% |
| Willistown Twp | 6 | 4 | 5 | 50.0% | 20.0% |
| Easttown Twp | 5 | 6 | 5 | -16.7% | 0.0% |
| Haverford | 21 | 20 | 33 | 5.0% | -36.4% |
| Newtown | 8 | 6 | 7 | 33.3% | 14.3% |
| Radnor | 15 | 7 | 18 | 114.3% | -16.7% |
| Narberth | 6 | 1 | 2 | 500.0% | 200.0% |
| L Merion | 37 | 37 | 31 | 0.0% | 19.4% |
| TOTAL | 118 | 92 | 133 | 28.3% | -11.3% |
| Median Price of Properties Sold | |||||
| Municipality | Feb-13 | Feb-12 | Feb-11 | % Change 12 - 13 | % Change 11 - 13 |
| Malvern Bor | $272,500 | $126,000 | $185,000 | 116.3% | 47.3% |
| Tredyffrin Twp | $350,000 | $355,000 | $325,000 | -1.4% | 7.7% |
| Willistown Twp | $355,000 | $361,168 | $375,000 | -1.7% | -5.3% |
| Easttown Twp | $562,600 | $886,000 | $917,500 | -36.5% | -38.7% |
| Haverford | $255,000 | $273,750 | $278,000 | -6.8% | -8.3% |
| Newtown | $555,000 | $278,500 | $350,000 | 99.3% | 58.6% |
| Radnor | $350,000 | $425,000 | $524,500 | -17.6% | -33.3% |
| Narberth | $225,375 | $305,000 | $384,000 | -26.1% | -41.3% |
| L Merion | $355,000 | $523,000 | $310,080 | -32.1% | 14.5% |
| TOTAL | $350,000 | $355,000 | $337,500 | -1.4% | 3.7% |