Real Estate Market Update for 19085 (Villanova, PA)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 18% from one year earlier and up 2% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 1.3-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 125% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 850-thousand dollars. Overall, The number of units sold Decreased 20% year-over-year and Decreased 20% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 19085 (Villanova, PA)
Area Information for 19085 (Villanova, PA)
  • Community Character: Significant Percentage of Family Households, Low Residential Turnover, Suburb of Philadelphia
  • Population: 8,578
  • Median Age: 34.03 yr
  • Median Commute Time: 18.79 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 158
  • Sales Tax: 6%
  • Population Density: 1,473/sq mi
  • Population Change Since 2000: -5%
  • Closest Airport: Philadelphia International
  • Closest College: Villanova University
  • Closest Jr. College: Valley Forge Military College
  • Median Household Income: $169,560
  • Annual Residential Turnover: 12.99%
  • Median Years in Residence: 5.47 yr
  • Median Home Sales Price: $876,000
  • Closest Major Sports Team: Philadelphia 76ers / Philadelphia Flyers
  • Change Avg. Household Income Since 2000: 25%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 19085 (Villanova, PA)
Median Age: 34.03 Married: 38% Number of Households: 2,063 Households with Children: 809
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 19085 (Villanova, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Villanova Academy For Honor Study 1.1 mi Private K - 6 0 0
      Academy Of Notre Dame De Namur 1.5 mi Private K - 12 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 19085 (Villanova, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.