Category Archives: Real Estate

News in Coverage Area

West Conshohocken Market Statistics – January to July 2010

August 24, 2010

Market Statistics Courtesy Of : Matt Mittman 610-828-6300 RE/MAX Realty Group-Conshohocken 610-828-6300 Monthly Statistics for the Date Range Selected Date Units Listed Listed Volume Listed Average Pended July 2010 4 1,101,900 275,475 1 June 2010 4 1,318,900 329,725 5 May 2010 9 2,554,250 283,805 1 Apr 2010 5 1,868,100 373,620 6 Mar 2010 7 1,927,900 275,414 7 Feb 2010 8 1,716,074 214,509 3 Jan 2010 8 1,904,650 238,081 5 […]

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Conshohocken Market Statistics – January to July 2010

August 24, 2010

Market Statistics Courtesy Of : Matt Mittman 610-828-6300 RE/MAX Realty Group-Conshohocken 610-828-6300 Monthly Statistics for the Date Range Selected Date Units Listed Listed Volume Listed Average Pended July 2010 17 4,146,879 243,934 8 June 2010 11 3,026,400 275,127 12 May 2010 19 4,706,574 247,714 8 Apr 2010 31 8,045,786 259,541 24 Mar 2010 37 9,213,450 249,012 16 Feb 2010 17 5,091,689 299,511 6 Jan 2010 16 4,952,750 309,546 8 […]

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2010 Half Way Review Conshohocken

July 20, 2010

Christmas in July can only mean one thing.  That’s right the mid-point of 2010 is upon us.  How is our local real estate market doing? With the 50 year historic low interest rates and the government sponsored tax credit; one would guess it was a great first half.  Well, as we always say, let’s go to the numbers.  Now is […]

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Mortgage Rates and Conshohocken Homes

June 22, 2010

Who thought mortgage rates were going to drop again?  What is going on with these sub 5% rates and how does it affect our market?  Just when we thought the tax credit had expired and we could shift our focus to whether or not the housing market could recover on its own legs.  What do the rates really mean? For […]

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Uh oh, the tax credit has expired! Now what?

May 19, 2010

Sure does bring about an interesting debate, both nationally and locally. As I’ve mentioned before; the media, leading economists, and seemingly anyone else with a microphone or pen try very hard to nationalize the real estate market. Often you will see the national foreclosure rate cited or the national rate for the average drop in sales price, but the real […]

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The Value of a Single-Family (detached) Home in Conshy

April 13, 2010

Looking for that special single (detached) family home in the borough of Conshohocken? Want a little more space to settle down, plant your roots, and raise a family? Well, deciding to live in the Borough and take advantage of all this great community has to offer is the easy part. The challenge might be finding that single (detached) family home […]

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2010 Is Off and Running!

March 12, 2010

Can you believe it’s March already!  Let the madness begin. It seems the local real estate market has broken into the frenzy a bit before the NCAA.  There are many buyers jumping into the market to ensure their purchase is booked before the April 30th deadline for the tax credits ($8,000 or $6,500 depending on the situation).  It is going […]

News in Conshohocken

Why do you like to live in Conshohocken?

February 14, 2010

The reasons are plentiful, but let me highlight a few.  We all know the location is phenomenal, 20 minutes to the city, no city wage tax, bike trail, regional rail, shopping.  It seems like the list could go on forever, but let’s not forget about the community feel and the citizens that help forge that great feeling around town. On […]

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Is New Construction a Good Value?

January 28, 2010

Is New Construction a good value in this market? A great question and one we hear often these days.  Of course, the easy and probably the most accurate answer is, it depends.  The driving point, builders don’t get paid and can’t pay the bills without selling homes.  This very important point translates to builders reacting to current market conditions quicker […]

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Predictions for the New Year

January 6, 2010

What do the numbers $276,167, $266,742, $274,670 and $264,478 all have in common? Ok, I will help out a bit.  The numbers represent the average sale price of homes in Conshohocken from 2006 through 2009.  Now, can you guess which number represents which year?  (If you can’t, check out the answers below). 2009 – $276,167 2008 – $266,742 2007 – […]