A weekly review of recently sold homes in Swarthmore PA and current market statistics.
There are 34 homes listed for sale in Swarthmore on July 1, 2015, 2015. There is 1 settlement scheduled for this week.
As interest rates reached a nine-month high last week, mortgage applications took a big dip.
Overall mortgage applications — reflecting both refinancings and home purchases — dropped 4.7% week-over-week on a seasonally adjusted basis for the week ending June 2, according to the Mortgage Bankers Association reports. They are now at their lowest level since Jan. 2.
At the same time, the average 30-year fixed-rate mortgage increased to 4.26% last week, the highest average since October 2014, MBA notes.
*DOM = Days On Market
1 Swarthmore home went under contract
No new listings came onto the market
No listings expired
1 listings was withdrawn from the market
8 homes are Under Contract at this time
2 Swarthmore homes sold last week
|718 Harvard Avenue||5||3.1||$528,700||06/25/15||362|
|801 Yale Avenue||2||2.0||$75,000||06/26/15||105|
Neither home that sold last week had a Seller Assist: