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How does the 19154 housing market look? [Real NEastate]

Can you do an analysis of 19154? I want to sell my row house. I did a very upscale remodel to it a couple years ago, but it’s time to move. What is the high-end selling for in 19154?

The single-family homes in the neighborhoods in the 19154 zip code are a mix of row homes, twins, singles, townhomes and condos. Your competition is found in the 111 properties currently for sale in 19154 from a low of less than $100,000 to a high of almost $280,000.

Homeowners, like you, selling in the “high-end” of 19154 asking prices, should have their homes in excellent condition to be able to break into the $200,000 range. For more than $200,000, you will find a variety of 40 homes for sale with an average listing time of more than three months. Some of these homes will find themselves over-priced and others will sell for a decent sale price. We just don’t know which ones yet.

Homebuyers seeking the “high-end” of the market in these neighborhoods of singles and twins are seeing asking prices from $228,900 to $227,900. The row homes in the “high-end” are asking from $199,999 up to $239,900. Of the other 71 properties for sale in 19154, lower priced homes are in the low $100,000s. Mostly, these homes are distressed properties or condos.

Of the 122 recently sold (in the last four months) and currently pending properties in 19154, 106 were row homes. Of those 106, there were 81 sold with an average price of $165,699 and there are 25 currently pending at an average of $177,816, and we won’t know the sold price until after settlement. There were 12 row homes that sold for prices of $200,000 and over in the last four months and three currently pending with an average listing time under three months – that’s good.

Good Luck!

Stacey McCarthy is a real estate agent with the McCarthy Group of Keller Williams. Her Real NEastate column appears every Wednesday on NEastPhilly.com. See others hereRead other NEast Philly columns here.

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