Scott Amphitheater During A January Snow
The first month of the year saw 4 closed transactions in Swarthmore. Two singles, 1 twin, and 1 condo sold during the month selling price for an average price of $282,625 – falling 21.0% from last year’s average.
135 Rutgers Avenue had the highest selling price in January at $391,000
Five homes went under contract during January with 3 singles and 2 condos going under contract. The average asking price was $320,360 and averaged 39 Days On Market.
There are 5 settlements scheduled – 3 in February and 2 in March.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 565 Juniata Avenue | 4 | 3.1 | $337,500 | 01/03/2018 | 54 |
| 801 Yale Avenue #830 | 2 | 2.0 | $117,000 | 01/10/2018 | 98 |
| 801 Yale Avenue #1101 | 3 | 2.1 | $285,000 | 01/12/2018 | 14 |
| 135 Rutgers Avenue | 6 | 3.1 | $391,000 | 01/19/2018 | 80 |
| AVERAGE | $282,625 | 62 |
* DOM = Days On Market
2 homes sold with a Seller Assist
– 135 Rutgers Avenue – $11,730
– 565 Juniata Avenue – $7,500
Financing Methods
Conventional Mortgage – 2 transactions
Cash – 2 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $201,000 | $201,000 | $117,000 | $285,000 | 56 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $337,500 | $337,500 | $337,500 | $337,500 | 54 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $391,000 | $391,000 | $391,000 | $391,000 | 80 |
| SALES | AVERAGE | HIGH | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|---|
| 2017 | 2 | $356,667 | $420,000 | 123 | 83.9% | 92.4% |
| 2018 | 4 | $282,625 | $391,000 | 62 | 96.5% | 98.2% |
| 50.0% | -21.0% | -49.5% | -12.6% | -5.8% |
Swarthmore Real Estate – Swarthmore, PA 19081
