August Home Sales Drop in Lower Merion, Narberth

Overall, Lower Merion and Narberth had 79 home sales this August, down from 129 in July and from 90 in August 2012, according to a report from Prudential Fox & Roach.

Throughout the entire Main Line, 283 homes sold in August, down from 399 in July and 304 in August 2012.

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

• Ardmore: $247,500 (down from $283,000 in July)
• Bala Cynwyd: $567,250 (up from $474,500 in July)
• Bryn Mawr: $458,455 (down from $548,000 in July)
• Gladwyne: $880,500 (down from $1,350,000 in July)
• Merion Station: $400,000 (down from $570,000 in July)
• Narberth: $347,300 (down from $393,750 in July)
• Villanova: $548,000 (down from $900,000 in July)
• Wynnewood: $517,500 (up from $449,500 in July)