Impressive Light Display On Niblick Lane
December home sales in Wallingford PA were very active with 22 closed transactions versus 17 last year. The 22 transactions represent the 3rd busiest month of the year ranking behind only June and May. The average selling price decreased by 17.0% compared to December 2015 coming in at $246,332. Sales consisted of 17 single family homes, 2 twin homes, and 2 townhomes, and 1 condo. A total of $5,419,300 in real estate changed hands during the month.
December’s 17 single family homes sold for an average price of $279,612 and averaged 83 days on the market. December 2015 recorded 12 single family home sales that sold for an average price of $375,190 and spent an average of 83 days on the market.
915 Winding Lane had the highest selling price for the month at $500,000.
The year 2016 ends with the number of closed transactions standing at 213 vs 214 for 2015. The average selling price for Wallingford homes in 2016 fell by 2.0% to $302,019, decreasing $6,314 from last year.
Eleven listings went under contract during the month – 9 single family homes, 1 townhouse, and 1 condo – with an average asking price of $366,064 and an average of 179 Days On Market.
There are 16 settlements scheduled in January, 3 in February, and 1 in March.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 232 Canterbury Drive | 3 | 2.0 | $343,000 | 12/02/16 | 119 |
| 101 Lombardy Drive | 3 | 2.0 | $280,000 | 12/02/16 | 36 |
| 210 Cedar Road | 3 | 2.0 | $213,000 | 12/02/16 | 55 |
| 993 Putnam Blvd | 2 | 2.1 | $150,000 | 12/09/16 | 155 |
| 403 Denver Court | 1 | 1.0 | $65,000 | 12/09/16 | 5 |
| 602 E Wiltshire Drive | 3 | 2.2 | $220,000 | 12/12/16 | 40 |
| 21 Walnut Road | 3 | 2.0 | $244,900 | 12/15/16 | 6 |
| 217 Willow Road | 3 | 1.1 | $191,000 | 12/16/16 | 108 |
| 915 Winding Lane | 3 | 2.1 | $500,000 | 12/16/16 | 122 |
| 304 Hastings Avenue | 3 | 1.1 | $255,000 | 12/16/16 | 68 |
| 220 W Rose Valley Road | 3 | 1.1 | $315,000 | 12/16/16 | 17 |
| 622 Georgetown Road | 4 | 2.1 | $175,000 | 12/17/16 | 119 |
| 505 Blakeley Road | 4 | 2.1 | $235,000 | 12/19/16 | 31 |
| 209 Governors Drive | 3 | 1.1 | $348,000 | 12/19/16 | 5 |
| 508 Moylan Avenue | 3 | 1.1 | $315,000 | 12/21/16 | 55 |
| 1003 Beech Road | 4 | 2.1 | $390,000 | 12/22/16 | 156 |
| 701 Windsor Place | 3 | 1.1 | $215,000 | 12/23/16 | 204 |
| 100 Moore Road | 3 | 1.0 | $122,500 | 12/27/16 | 5 |
| 307 Ryanard Road | 4 | 2.1 | $235,000 | 12/28/16 | 84 |
| 700 Avondale Road #6D | 2 | 2.0 | $86,000 | 12/28/16 | 434 |
| 708A Beechwood Road | 3 | 2.0 | $376,000 | 12/29/16 | 41 |
| 1366 Putnam Blvd | 2 | 2.1 | $144,900 | 12/29/16 | 21 |
| AVERAGE | $246,332 | 86 |
* DOM = Days On Market
9 of 22 transactions had a Seller Assist:
– 232 Canterbury Drive – $5,000
– 993 Putnam Blvd – $6,000
– 602 E Wiltshire Road – $5,000
– 217 Willow Road – $5,000
– 220 W Rose Valley Road – $500
– 508 Moylan Avenue – $10,000
– 1003 Beech Rd – $1,500
– 701 Windsor Place – $6,450
– 708A Beechwood Road – $2,255
Financing Methods
– Conventional Mortgage -12 transactions
– Cash – 7 transactions
– FHA Mortgage – 2 transactions
– VA – 1 transaction
622 Georgetown Road was a Short Sale.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $279,612 | $255,000 | $122,500 | $500,000 | 72 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $142,500 | $65000 | $220,000 | $220,000 | 23 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $192,000 | $192,000 | $192,000 | $192,000 | 6 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $147,450 | $147,450 | $144,900 | $150,000 | 88 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 17 | $296,664 | 88 | 92.2% | 96.0% |
| 2016 | 22 | $246,332 | 86 | 90.1% | 94.5% |
| 29.4% | -17.0% | -2.3% | -2.1% | -1.5% |
Wallingford PA Real Estate – Wallingford, PA 19086
