Wayne Real Estate
Wayne is a part of the Main Line series of communities in western Philadelphia, and real estate there reflects the genteel status of this community. The Main Line refers to the Pennsylvania Railroad, which had a circuit through the area in the 1800s and encouraged the nearby communities to flourish. Like Radnor and other nearby towns, Wayne real estate originally served as a getaway for the wealthy of Philadelphia, who could come here easily on the railway line.
New homes are a short distance away from a central shopping district, and Wayne’s Chanticleer Garden contains nearly 35 acres of public parks for visitors to relax. The overall atmosphere and easy proximity to downtown Philadelphia has kept real estate listings from tumbling during the recent sub-prime crunch. Now, with interest rates low and numerous new homes on the market, Wayne real estate is anticipating significant bounce in sales and prices.
Listings For Wayne Real Estate Reflect a Growing Market
New homes in Wayne stay on the market for about two months on average. Real estate listings reflect the area’s convenience and historic parks. Appreciation of Wayne homes was quite rapid in the first few years of the new millennium and seems to be rising again after a slowdown in 2006 and 2007. Buyers interested in Wayne real estate can take advantage of the lull to gain a foothold in the market. Local offices such as Sage Realty have a handle on which new homes in Wayne are available.
“…Wayne real estate today has benefited from its connection to the history of the region, as well as the lovely surrounding countryside.”