The New SEPTA Crum Creek Viaduct Opened To Rail Traffic In September
Sales during September 2016 fell short of last year by 3 units with 13 closed transactions, and the average price dipping 20.9% compared to last September with the average selling coming in at $227,377. Three homes sold for less than $100,000 bringing contributing to a steep drop in the average sales price. September sales consisted of 10 single family homes, 1 twin home, 1townhome, and 1 condo.
Ten single family homes sold for an average price of $257,400 and averaged 54 days on the market. Last September 9 single family homes sold for an average price of $372,656 and spent an average of 78 days on the market.
107 Canterbury Drive had the highest selling price for the month at $390,000.
Fifteen listings went under contract during the month – 9 single family homes, 4 condos, 1 townhouse, and 1 twin with an average asking price of $256,540 and an average of 69 Days On Market.
There are are 20 future settlements scheduled with 15 in October, and 5 in November.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 15 Ridley Drive | 3 | 2.0 | $250,000 | 09/07/16 | 6 |
| 409 Nashville Court | 3 | 1.0 | $77,000 | 09/09/16 | 9 |
| 107 Canterbury Drive | 5 | 2.1 | $390,000 | 09/09/16 | 15 |
| 207 Glendale Road | 4 | 2.1 | $385,000 | 09/14/16 | 30 |
| 327 S Providence Road | 4 | 2.0 | $305,000 | 09/15/16 | 124 |
| 105 Canterbury Drive | 3 | 1.1 | $225,000 | 09/15/16 | 44 |
| 1013 Putnam Blvd | 3 | 3.1 | $215,000 | 09/16/16 | 42 |
| 13 Ridley Drive | 3 | 2.0 | $110,000 | 09/23/16 | 176 |
| 434 Leiper Street | 2 | 1.0 | $78,000 | 09/28/16 | 142 |
| 506 Maple Road | 2 | 1.1 | $200,000 | 09/28/16 | 11 |
| 16 Willow Lane | 3 | 1.1 | $342,000 | 09/29/16 | 50 |
| 800 Avondale Road #4M | 1 | 1.0 | $88,900 | 09/30/16 | 396 |
| 839 Parkridge Drive | 3 | 2.0 | $290,000 | 09/30/16 | 78 |
| AVERAGE | $227,377 | 86 |
* DOM = Days On Market
3 of 13 transactions had a Seller Assist:
– 15 Ridley Drive – $6,000
– 1013 Putnam Blvd – $10,000
– 16 Willow Lane – $15,025
Financing Methods
– Conventional Mortgage – 6 transactions
– Cash – 4 transactions
– FHA Mortgage – 3 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $257,400 | $270,000 | $77,000 | $390,000 | 54 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $78,000 | $78,000 | $78,000 | $78,000 | 142 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $215,000 | $215,000 | $215,000 | $215,000 | 42 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $88,900 | $88,900 | $88,900 | $88,900 | 396 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 16 | $287,713 | 78 | 92.3% | 95.7% |
| 2016 | 13 | $227,377 | 86 | 90.5% | 94.7% |
| -18.8% | -20.9% | 9.3% | -1.8% | -1.00% |
Wallingford PA Real Estate – Wallingford, PA 19086
