A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 64 homes listed for sale in Wallingford PA and Nether Providence Township on March 14, 2017 with an average asking price of $382,220.
Mortgage rates are expected to continue a slow rise throughout the year with predictions that mortgage rates will reach as high as 4.5% by years end. The planned rate hikes by the Federal Reserve Bank are a major contributor but not the sole reason why rates will climb. Strong job growth numbers and an improving economy are also factors.
Buyers need to keep the rise in rates in perspective. While no longer at historic lows rates significantly lower than the not too distant past.
Freddie Mac’s Northeast Weekly Mortgage Survey reported the average 30 year fixed rate mortgage standing at 4.19% last week.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $382,220 | $359,950 | $91,900 | $1,075,000 | 97 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $434,460 | $412,400 | $99,900 | $1,075,000 | 90 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $195,650 | $179,950 | $91,900 | $435,000 | 124 |
*DOM = Days On Market
3 Wallingford PA homes went under contract
8 new listings came onto the market
No listings expired
1 listing was withdrawn from the market
27 homes are Under Contract at this time
3 Wallingford PA homes sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 212 Moylan Avenue | 4 | 2.1 | $460,000 | 03/06/17 | 318 |
| 4 Church Road | 5 | 3.2 | $620,000 | 03/06/17 | 99 |
| 854B Putnam Blvd | 2 | 1.0 | $90,900 | 03/10/17 | 48 |
| Average | $390,300 | 155 |
212 Moylan Avenue sold with a $2,550 Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
