December 2014 matched last December with a total of 14 homes sold during the month. The average selling price this month came in at $278,000 as compared to $284,750 last year representing a 2.4% dip. Days on market increased by 11.0% from 91 last year to 101 this year.
The average price of the core category of single detached family homes sold in December 2014 increased by 5.1% from $332,136 in 2013 to $349,125 this year. Singles homes took quite a bit longer to sell this year with the average single being on the market 128 days as opposed to an average of 40 days on market for single homes last December.
December with it’s 14 closed transactions ties last December as the best final month of the year in terms of units sold since December 2005 when 16 homes sold.
Buyer activity slowed with only 4 homes going under contract during the month.
WALLINGFORD PA HOMES SOLD – DECEMBER 2014
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
903 Twyckenham Road |
3 |
2.1 |
$500,000 |
29 |
12/01/14 |
|
105 Ronaldson Street |
3 |
1.0 |
$86,000 |
6 |
12/01/14 |
|
441 New Jersey Avenue |
1 |
1.0 |
$65,000 |
141 |
12/03/14 |
|
100 Putnam Blvd |
2 |
2.0 |
$142,000 |
15 |
12/03/14 |
|
602 W Brookhaven Road |
5 |
2.1 |
$406,000 |
143 |
12/18/14 |
|
614 Rockbourne Mills Ct |
3 |
3.1 |
$448,000 |
124 |
12/12/14 |
|
707 Hemlock Road |
4 |
2.0 |
$320,000 |
192 |
12/15/14 |
|
1005 Beech Road |
3 |
3.0 |
$260,000 |
270 |
12/16/14 |
|
738 Pine Ridge Road |
4 |
3.1 |
$500,000 |
27 |
12/18/14 |
|
610 Georgetown Road |
4 |
2.1 |
$365,000 |
41 |
12/18/14 |
|
734 Windsor Place |
4 |
2.1 |
$247,000 |
15 |
12/19/14 |
|
1162 Putnam Blvd |
3 |
2.1 |
$204,500 |
43 |
12/19/14 |
|
407 Saybrook Lane |
2 |
2.1 |
$153,500 |
57 |
12/22/14 |
|
28 Green Valley Road |
3 |
1.2 |
$195,000 |
305 |
12/29/14 |
* DOM = Days On Market
Five of the 14 Wallingford PA homes sold in December 2014 had a Seller Assist:
– 602 W Brookhaven Road – $12,180
– 707 Hemlock Road – $6,500
– 1005 Beech Road – $2,000
– 610 Georgetown Road – $1,600
– 734 Windsor Place – $7,410
Financing Methods
– Conventional Mortgage -10 transactions
– Cash – 4 transactions
There was 1 distressed property sale in December:
734 Windsor Place was a Bank Owned Foreclosure.
Wallingford PA Single Homes Sold December 2014 – 8 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $349,125 | $342,500 | $195,000 | $500,000 | 128 |
Wallingford PA Twin Homes Sold December 2014 – 2 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $75,500 | $75,500 | $65,000 | $86,000 | 74 |
Wallingford PA Townhomes Sold December 2014- 3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $268,667 | $204,500 | $153,500 | $448,000 | 75 |
Wallingford PA Condos Sold December 2014 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $142,500 | $142,500 | $142,500 | $142,500 | 15 |
WALLINGFORD PA – DECEMBER 2013 VS DECEMBER 2014
|
SALES |
AVERAGE |
DOM* |
STL TO ORIG |
STL TO LAST |
|
|
2013 |
14 |
$284,750 |
91 |
93.53% |
97.04% |
|
2014 |
14 |
$278,000 |
101 |
86.91% |
92.88% |
|
0.0% |
-2.4% |
11.0% |
-9.62% |
-4.16% |
* DOM = Days On Market
Looking ahead to upcoming activity, there are 11 homes scheduled to settle in January and 3 in March.
Wallingford PA Real Estate – Wallingford, PA 19086
