Ardmore Sees Gains in February Home Sales

Overall, Lower Merion and Narberth had 43 home sales this February, up from 38 in February 2012, according to a report from Prudential Fox & Roach.

The most dramatic year-to-year gain was in Narberth, where 5 homes sold in February 2013, compared to 1 home in February 2012 and 2 in February 2011.

In Lower Merion, the biggest gains were in Ardmore and Villanova. In Ardmore,  13 homes sold in February 2013, up from 7 homes sold in February 2012 and 9 in February 2011. In Villanova, 5 homes sold this February, compared to 2 in February 2012 and 7 in 2011. 

Throughout the entire Main Line, 118 homes sold in February, up from 92 in February 2012 but down from 133 in February 2011.

Median sale prices in February for the neighborhoods Prudential Fox & Roach tracks are as follows:

• Ardmore: $246,500 (down from $280,000 in February 2012)
• Bala Cynwyd: $397,000 (up from $374,250 in February 2012)
• Bryn Mawr: $325,000 (down from $688,500 in February 2012)
• Gladwyne: $1,140,000 (up from $1,350,000 in February 2012)
• Merion Station: $355,000 (down from $546,500 in February 2012)
• Narberth: $225,375 (down from $305,000 in February 2012)
• Villanova: $987,500 (up from $840,000 in February 2012)
• Wynnewood: $245,000 (down from $360,250 in February 2012)