Swarthmore Real Estate – May 18, 2015 To May 24, 2015

Swarthmore Real Estate - Swarthmore PA - Real Estate Market  Update

A weekly review of recently sold homes in Swarthmore PA and current market statistics.

There are 37 homes listed for sale in Swarthmore on May 27, 2015. There is 1 settlement scheduled for this week.

New-home sales climbed 6.8% in April reaching a seasonally adjusted annual rate of 517,000, as home prices also saw a big jump too, the Commerce Department reported Tuesday. The median price for a new home soared 8.3% in April compared to a year ago and now stands at $297,300.

Swarthmore Market Snapshot – 37 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$375,314 $379,900 $84,900 $1,150,000 103
Single/Twin Market Snapshot – 26 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$476,765 $437,000 $197,500 $1,150,000 86
Condo/Townhouse Market Snapshot – 11 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$135,518 $98,600 $84,900 $250,000 145

*DOM = Days On Market

No Swarthmore homes went under contract

2 new listings came onto the market

No listings expired

No listings were withdrawn from the market

9 homes are Under Contract at this time

Swarthmore homes sold last week

Swarthmore Homes Sold May 18, 2015 To May 24, 2015
ADDRESS BED BATH PRICE SETTLED DOM
801 Yale Avenue #720 2 2.0 $110,000 05/18/15 26
345 Riverview Road 3 2.1 $350,000 05/21/15 33
Average $230,000 30

345 Riverview Road had a $200 Seller Assist.

Swarthmore, PA 19081 Real Estate Update

Strawberry Festival – Monday June 1, 2015 – Wallingford Presbyterian Church

The Strawberries Are Coming - Monday June 1, 2015

The Strawberries Are Coming – Monday June 1, 2015

The always popular Strawberry Festival sponsored by the Wallingford Presbyterian Church will be held on Monday June 1, 2015, from 5:00-8:00 PM. Mark the date on your calendar and join the over 1,000 people who enjoy this much anticipated annual community event.

At the center of the festival are strawberries – plain or with sugar or chocolate coated, cake, ice cream and chocolate covered, hoagies, hot dogs, delicious roast beef – prepared by yours truly, and potato salad. There is a Book Nook to provide great buys in slightly used books and Attic Treasures for those seeking the perfect item to add to their collection.

There will be games and activities for children, and plants to brighten your garden will also be available for sale.

The festival will be held rain or shine. The church office (610-566-1644, Ext 0) can provide additional information.

Wallingford Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 18, 2015 To May 24, 2015

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 103 homes listed for sale in Wallingford PA and Nether Providence Township on May 26, 2015. There are 9 settlements scheduled for this week.

The latest results S&P/Case-Shiller Home Price Indices showed year-over-year March increases in both the 10-City Composite (4.7%) and 20-City Composite (5.0%). The national home price index showed a 4.1% annual gain in March, and the national index also increased by 0.8% month-over-month in March.

Wallingford Market Snapshot – 103 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$336,795 $314,900 $89,800 $1,100,000 108
Single/Twin Market Snapshot – 80 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$387,609 $371,950 $130,000 $1,100,000 99
Townhouse/Condo Market Snapshot – 23 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$160,052 $154,900 $89,900 $389,900 139

*DOM = Days On Market

3 Wallingford PA homes went under contract

4 new listings came onto the market

No listings expired

No listings were withdrawn from the market

50 homes are Under Contract at this time

6 Wallingford PA homes sold last week

Wallingford Homes Sold May 18, 2015 To May 24, 2015
ADDRESS BED BATH PRICE SETTLED DOM*
724A Putnam Blvd 2 1.0 $89,000 05/18/15 158
732 Pine Ridge Road 3 2.1 $435,000 05/21/15 8
208 Woodward Road 4 3.2 $650,000 05/22/15 224
800 Avondale Road #2D 3 2.0 $124,900 05/22/15 15
1047 Putnam Blvd 3 2.1 $204,500 05/22/15 60
617 W Brookhaven Road 4 2.2 $347,000 05/22/15 300
AVERAGE $308,400 128

*DOM = Days On Market

3 of the 6 homes sold had a Seller Assist:

– 732 Pine Ridge – $13,050

– 1047 Putnam Blvd – $4,500

– 617 W Brookhaven Road – $13,880

Wallingford PA Real Estate – Wallingford, PA 19086

Summit School Property Up for Sale Again

Summit School On Plush Mill Road

Summit School On Plush Mill Road

Last week it was announced that the Wallingford Swarthmore school District will once again put the former Summit Elementary School on Plush Mill Road in Wallingford on the market. The District has tried without success in the past to sell the Summit property without success and has been leasing the facility since 2010 to the Stage One organization, also known as the Performing Arts Complex of Delaware County.

Superintendent Richard Noonan made the following remarks in a prepared statement. “In bringing the property to market, the primary goal of the school district is to translate the property into a financial asset that can assist in funding facilities projects and easing the debt service property tax burden on residents.”

Wallingford PA Real Estate – Wallingford, PA 19086

New Listing – 604 Crum Creek Road – Media, PA

604 Crum Creek-back2-mb-resized

604 Crum Creek Road – Media, PA

604 Crum Creek-Lr w view-mb-resized

Living Room With Fireplace Has A Great Water View

Waterfront living in Nether Providence! This 4 bedroom 4 bath home has picturesque water views from almost every room.

604 Crum Creek-deckandview1-mb-resized

Deck Overlooking The Large Yard

604 Crum Creek-front water view2-mb - resized

Plenty Of Space For Outdoor Living And Entertaining

The home features over 3,000 square feet of living space, with 2 master suites both with en suite bathrooms and water views.

Wallingford PA Real Estate – Wallingford, PA 19086

Swarthmore Real Estate – May 11, 2015 To May 17, 2015

Swarthmore Real Estate - Swarthmore PA - Real Estate Market  Update

A weekly review of recently sold homes in Swarthmore PA and current market statistics.

There are 38 homes listed for sale in Swarthmore on May 20, 2015. There is 1 settlement scheduled for this week.

Counter to claims in most areas that housing inventory is tight Swarthmore has more than double the number of homes on the market now than at this time last year. Last May at this time there were 15 homes on the market – today there are 38. Last year the average asking price was $476,707 – today it stands at $396,716, a 16.8% decrease.

Swarthmore Market Snapshot – 38 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$396,716 $394,900 $84,900 $1,150,000 106
Single/Twin Market Snapshot – 28 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$493,836 $450,000 $197,500 $1,150,000 90
Condo/Townhouse Market Snapshot – 10 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$124,780 $96,800 $84,900 $219,900 152

*DOM = Days On Market

No Swarthmore homes went under contract

1 new listing came onto the market

No listings expired

No listings were withdrawn from the market

10 homes are Under Contract at this time

1 Swarthmore home sold last week

Swarthmore Homes Sold May 11, 2015 To May 17, 2015
ADDRESS BED BATH PRICE SETTLED DOM
801 Yale Avenue #405  2  2.0  $115,000 05/12/15  71

Swarthmore, PA 19081 Real Estate Update

Wallingford PA Real Estate – May 11, 2015 To May 17, 2015

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 106 homes listed for sale in Wallingford PA and Nether Providence Township on May 19, 2015. There are 10 settlements scheduled for this week.

Last week there were 12 settlements which is the busiest week of 2015 to date. In comparison to May last year at this time there were only 7 settlements on the books, this year there have been 17 settlements through the 15th of the month. In regards to the average price – this year the average selling price was $324,946, last year it was $279,000.

Wallingford Market Snapshot – 106 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$331,644 $299,950 $89,900 $1,100,000 104
Single/Twin Market Snapshot – 80 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$387,747 $369,900 $130,000 $1,100,000 99
Townhouse/Condo Market Snapshot – 26 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$159,019 $114,950 $89,900 $425,000 134

*DOM = Days On Market

Wallingford PA homes went under contract

7 new listings came onto the market

No listings expired

No listings were withdrawn from the market

53 homes are Under Contract at this time

12 Wallingford PA homes sold last week

Wallingford Homes Sold May 11, 2015 To May 17, 2015
ADDRESS BED BATH PRICE SETTLED DOM*
508 Ryanard Road 3 3.0 $226,000 05/11/15 3
736 W Brookhaven Road 4 1.1 $230,000 05/12/15 18
14 E Possum Hollow Road 3 2.1 $355,000 05/12/15 9
36 Brookside Road 4 3.1 $714,584 05/12/15 125
302 Copples Lane 4 3.0 $352,500 05/13/15 74
222 Hillsboro Mills Lane 3 3.1 $420,000 05/13/15 282
500 Media Parkway 4 1.0 $155,000 05/14/15 301
929 Putnam Blvd 3 2.1 $203,000 05/15/15 103
804 Ridge Lane 3 3.1 $479,000 05/15/15 182
301 Chestnut Parkway 2 1.1 $260,000 05/15/15 78
105 W Brookhaven Road 4 2.0 $325,000 05/15/15 159
205 Moore Road 4 2.1 $335,000 05/15/15 8
Average $337,924 112

*DOM = Days On Market

5 of the 12 homes sold had a Seller Assist:

– 14 E Possum Hollow Road – $3,380

– 302 Copples Lane – $10,000

– 500 Media Parkway – $9,300

– 804 Ridge Lane – $10,300

– 105 W Brookhaven Road – $9,750

Wallingford PA Real Estate – Wallingford, PA 19086

PECO Replacing Gas Lines In Sproul Estates

Gas Line Replacement Work On Cameron Drive

Gas Line Replacement Work On Cameron Drive

Patches of uprooted lawns are a sign of the gas line replacement project that PECO is currently undertaking in Sproul Estates.

The work includes replacing existing natural gas lines with plastic pipe and relocating any interior gas meters to the exterior of homes. If a gas meter relocation is necessary PECO will require access to your home. You can call 610-757-6767 for questions and scheduling of meter replacement.

The work requires the interruption of gas service for approximately 4 hours. PECO will be working in the neighborhood for the next several weeks and within 60 days of completion of the project will permanently restore the disturbed ground and repave strrets where necessary.

Wallingford PA Real Estate – Wallingford, PA 19086 

Swarthmore Real Estate – May 4, 2015 To May 10, 2015

Swarthmore Real Estate - Swarthmore PA - Real Estate Market  Update

A weekly review of recently sold homes in Swarthmore PA and current market statistics.

There are 38 homes listed for sale in Swarthmore on May 13, 2015. There are no settlements scheduled for this week.

About 1.5 million new housing units are needed each year to accommodate a population that gains almost 3 million people per year. The Nation Association Of Realtors (NAR) reports that housing starts have averaged about 766,000 per year for the past seven years. This shortfall has led to housing shortages and rapidly increasing resnts in many parts of the country.

Swarthmore Market Snapshot – 38 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$398,149 $399,900 $84,900 $1,150,000 100
Single/Twin Market Snapshot – 28 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$495,461 $454,950 $197,500 $1,150,000 84
Condo/Townhouse Market Snapshot – 10 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$125,675 $97.400 $84,900 $219,900 145

*DOM = Days On Market

Swarthmore homes went under contract

3 new listings came onto the market

No listings expired

No listings were withdrawn from the market

10 homes are Under Contract at this time

No Swarthmore homes sold last week

Swarthmore Homes Sold May 4, 2015 To May 10, 2015
ADDRESS BED BATH PRICE SETTLED DOM
– No Homes Sold –

Swarthmore, PA 19081 Real Estate Update

Wallingford PA Real Estate – May 4, 2015 To May 10, 2015

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 107 homes listed for sale in Wallingford PA and Nether Providence Township on May 12, 2015. There are 10 settlements scheduled for this week.

Home prices have increased in 85% of U.S. metropolitan areas in the 1st quarter of 2015. The National Association Of Realtors (NAR) reported Monday that the median prices of existing single family homes rose over last year in 148 of the 174 areas measured. The median price for the 1st quarter of 2015 rose 7.4% over last year to $205,200.

The median sale price of existing single family homes in Wallingford rose 20.9% to $312,000 in the 1st quarter of 2015 when compared to last year.

Wallingford Market Snapshot – 107 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$332,196 $299,900 $89,900 $1,100,000 102
Single/Twin Market Snapshot – 82 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$384,236 $359,945 $130,000 $1,100,000 91
Townhouse/Condo Market Snapshot – 25 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$161,504 $115,000 $89,900 $425,000 137

*DOM = Days On Market

Wallingford PA homes went under contract

12 new listings came onto the market

No listings expired

No listings were withdrawn from the market

60 homes are Under Contract at this time

Wallingford PA homes sold last week

Wallingford Homes Sold May 4, 2015 To May 10, 2015
ADDRESS BED BATH PRICE SETTLED DOM*
203 Fairfield Drive 5 3.1 $394,000 05/04/15 12
7 Pine Road 4 2.1 $367,500 05/05/15 232
826 Putnam Blvd 2 1.0 $115,000 05/07/15 7
739 Pine Ridge Road 3 2.1 $183,000 05/08/15 48
Average $264,875 75

*DOM = Days On Market

– 739 Pine Ridge Road was a Bank Owned foreclosure sale

Wallingford PA Real Estate – Wallingford, PA 19086