Bryn Mawr Real Estate
Bryn Mawr real estate has always been solid thanks to its attractive location and the constant presence of university life. The city was founded by Rowland Ellis, a Quaker of Welsh heritage who originally established Bryn Mawr as a farm (the name means ‘Big Hill’ in Welsh). The Pennsylvania Railroad made it a stop along their Main Line, which allowed Philadelphia’s elite to build country estates in the area as a getaway. Bryn Mawr College was founded there in 1885, and Haverford College can be found nearby.
“…Bryn Mawr real estate continues to appreciate slowly”
Today, Bryn Mawr has a population of about 5,000 residents who enjoy the area’s quiet atmosphere. New homes for sale have slowed recently following a growth in the local real estate market for the first five years of the new century. but most realtors believe that the slowdown is only temporary, making buying a house there now a good option. Low interest rates are helping to move new homes for sale more quickly, though most houses stay on the market for several months.
Local Realtors Make Strong Guides for Purchasing Bryn Mawr Real Estate
Because of Bryn Mawr’s small size, buying a house there is more of a challenge than elsewhere in Philadelphia. The proximity to the various nearby colleges, as well as the area’s historic flavor and pleasant atmosphere, means that real estate prices are likely to remain high for some time to come. Sage Realty concentrates on Main Line real estate, and can help find good properties in the Bryn Mawr area.