Dolington Estates Market Update September 29, 2008 Dolington Estates is a subdivision of single family homes built by Toll Brothers in the 1990's. Dolington Estates homes are built on lots of approximately 1 acre. Homes are primarily 4 and 5 bedrooms, 2 1/2 to 3 1/2 baths and are primarily in the range of 4500-5000 Square Feet.  Dolington Estates is in Lower Makefield Township and The Pennsbury School District. 7 homes are currently available for sale at an average price of $1,005,257.In the past 12 months, 5 homes have sold at an average sales price of $978,000. Andy Raffle sells Bucks County Real Estate.  Check out my website for Yardley homes and information, search for properties, read my informative Real Estate Articles and read my Bucks County Real Estate Blog   Andy Raffle www.as... 09/29/2008

  Sell Your Home Quickly – Or Not At All   In most of the markets that I serve, we’ve seen “Sell Quickly or Not At All” become the rule rather than the exception.  The chart below shows homes sold in days 1-30, homes sold in days 31-60 and homes sold overall this year.  You’ll see that a disproportionally large percentage of homes selling in the first 30 day window and that a clear majority are selling in the first 60 days.  This is true in all six markets shown on the chart in even for the entirety of Bucks County where over 56% of homes are selling within that 60 day window.  Now that we know the goal, how do we get there? My home selling philosophy is comprised of three basic principles to sell your home in the shortest period of time possible:             If it’s ugly make it pretty... 09/22/2008

August 2008 - Market Data August 2008 data for our primary markets served (Lower Makefield, Upper Makefield and Newtown Townships in Bucks County Pennsylvania) showed a somewhat mixed bag with our area still outperforming the national market as portrayed by reports in the national news.Taken as a whole, average sale price for the six months in the three markets are down just under 6% versus 2007 with Lower Makefield (plus 3.3%) still performing above the midline.   Lower Makefield has consistently shown increased pricing this year over last.  Upper Makefield (down 18.8%) and Newtown Township (down 4.2%) are in negative territory, largely due to the number of homes in upper price levels that are affected by tightened availability of Jumbo financing. Units sold YTD are down 20% in the thr... 09/17/2008

May 2008 - Market Data May 2008 data for our primary markets served (Lower Makefield, Upper Makefield and Newtown Townships in Pennsylvania) showed continued strength even in the face of ever increasing negative national news. Taken as a whole the three markets are down a fraction of a percent versus 2007 with Lower Makefield (plus 11.5%) and Upper Makefield (plus 3.5%) in positive territory while Newtown Township shows a slight decline of 3.5%. Units sold in Newtown Township are steady with 2007 figures while Lower Makefield (down 24%) and Upper Makefield (down 47%). Inventories in Lower Makefield are down 17% while Upper Makefield (+14%) and Newtown (+19%) are up. Lower Makefield is showing particular strength with increased prices and decreased inventory, even in the face of slower s... 09/15/2008

Make sure you mark it on your Calendar for Monday, September 1st, 2008, it's the Lower Makefield Community Pride Day. Look at all these great events going on in Yardley on Labor Day.  If you're looking for some great family fun, entertainment, food and activities this is the place to be.    Starts at 9am and ends at 8pm.  Maybe I'll see you there. Here's a list of all the events included:   Basketball Tournament Rock the Block 5K Race Wheels Parade Home Run Derby, Frisbee, Picnic Games Pet Fair - Ask the Vet Dunk Tank Crafters Cove Pie Eating Contest Battle of the Bands Entertainment Car Show Food and Local Farmers Market OnGoing Free Activities Full Sky Fireworks Display Here's a flyer link: Community Day Flyer If you're interested in previewing community events that I post each week p... 08/29/2008