6/9/2010
Claymont property values reach a high for the decade "just as we predicted", according to Councilman Bob Weiner, who spearheaded the Claymont Renaissance - Delaforum.com

Jim Parks www.delaforum.com 6/9/10

Average residential property value in Claymont in May was $240,000, up 21.7% from a year earlier. That easily topped value at the peak of the real estate boom in 2005 and set a new high for the decade. Statewide, average value in May was $244,500, up 16.4% from a year earlier. That data, from the Home Value Index  maintained by Zillow.com, a national real estate tracking service, was provided by Commonwealth Group and made public by County Councilman Robert Weiner, who said the trend was "just as we predicted ... at the onset of the Claymont Renaissance." The index placed average property value in Claymont in 2000 at $124,000. Commonwealth apparently is successfully marketing townhouses in the first section of the Darley Green development.

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