A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 76 homes listed for sale in Wallingford PA and Nether Providence Township on April 4, 2017 with an average asking price of $356,390.
The homeownership rate is near its lowest level in more than 50 years, with the number of homeowners standing at 63.4% in 2016. But homeownership remains a “critical part” of the national economy and “ongoing weakness in the single-family housing market, represents a substantial hurdle limiting the pace of economic growth,” according to a newly released study by the Rosen Consulting Group and Fisher Center for Real Estate and Urban Economics for the National Association of REALTORS®.
The homeownership rate climbed to 69.2% in the early 2000’s, adding about 11.3 million new owner households nationwide from 1994 through 2004. The rising trend was halted by the housing market decline and the Recession in the years 2007 through 2009. The drop in homeowner rates was most acute in the Western and Southern states.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $356,390 | $349,450 | $95,000 | $1,025,000 | 92 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $418,731 | $399,000 | $99,900 | $1,025,000 | 89 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $169,367 | $118,000 | $95,000 | $400,000 | 102 |
*DOM = Days On Market
6 Wallingford PA homes went under contract
9 new listings came onto the market
No listings expired
No listings were withdrawn from the market
40 homes are Under Contract at this time
4 Wallingford PA homes sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 515 Scott Lane | 4 | 1.1 | $240,000 | 03/30/17 | 2 |
| 6 Mallard Mill Run | 2 | 2.0 | $262,500 | 03/31/17 | 201 |
| 402 Albany Court | 2 | 1.0 | $115,000 | 03/31/17 | 7 |
| 920 Twyckenhan Road | 5 | 3.1 | $640,000 | 03/31/17 | 106 |
| Average | $314,375 | 79 |
1 home sold with a Seller Assist:
– 920 Twyckenham Road – $7,000
Wallingford PA Real Estate – Wallingford, PA 19086
