A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 80 homes listed for sale in Wallingford PA and Nether Providence Township on June 7, 2016 with an average asking price of $388,211.
Home Equity Lines Of Credit (HELOC) were all the rage as the market was booming 10 years ago. Now comes the time to pay the piper. HELOC’s come with 10-year grace periods, so 2015 marked 10 years after the borrowing surge. In March, delinquencies were up 87% compared to a year ago among 2005 second lien HELOCs—those that stand behind a mortgage on the property.
HELOC’s originating in the years 2005, 2006, and 2007 make up 52% of active credit lines and the delinquencies could linger for some time.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $388,211 | $359,500 | $59,900 | $1,225,000 | 106 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $435,527 | $376,000 | $90,000 | $1,225,000 | 96 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $183,173 | $174,900 | $59,000 | $384,900 | 151 |
*DOM = Days On Market
6 Wallingford PA homes went under contract
5 new listings came onto the market
No listings expired
No listings were withdrawn from the market
51 homes are Under Contract at this time
4 Wallingford PA homes sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 1011 Beech Drive | 4 | 2.1 | $364,000 | 05/31/16 | 565 |
| 607 Bickmore Drive | 4 | 1.1 | $289,900 | 05/31/16 | 1 |
| 700 Avondale Road | 2 | 2.0 | $108,000 | 05/31/16 | 22 |
| 3 Chester Road | 3 | 1.0 | $254,000 | 06/01/16 | 9 |
| Average | $253,975 | 149 |
1 home sold with a Seller Assist:
– 1011 Beech Road – $10,920
Wallingford PA Real Estate – Wallingford, PA 19086
