Santa Visited Local Neighborhoods Courtesy Of The Garden City Fire Company
There were 17 December home sales in Wallingford PA which is down 5 homes from last year’s total of 22 closed transactions. The average selling price posted a 41.0% increase to $347,229 due in large part to a heavier weighting of single home transactions. Sales consisted of 15 single family homes, 1 condo, and 1 row home. A total of $5,902,900 in real estate changed hands during the month – 5 fewer homes sold for almost a half million dollars more than last year’s monthly total.
December’s 15 single family homes sold for an average price of $379,467 and averaged 38 days on the market vs an average selling price of $279,612 and 70 days on market last December.
415 Sheffield Drive had the highest selling price for the month at $575,000.
The year 2017 ends with 221 closed transactions vs 214 for 2016. The average selling price for Wallingford homes in 2017 rose a healthy 15.5% over last year to $348,849.
Single homes posted a sizeable gain of 14.0% over last year with the average selling price for the year rising to $404,317. Single home sales accounted for 170 of the 221 transactions during the year – a 77% share.
Thirteen listings went under contract during the month – 12 single family homes and 1 condo – with an average asking price of $344,000 and an average of 59 Days On Market.
There are 20 settlements scheduled in January, 4 in February, 1 in March, and 1 in April.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 230 Grandview Road | 3 | 1.1 | $308,500 | 12/01/17 | 75 |
| 216 W Brookhaven Road | 4 | 2.2 | $470,000 | 12/05/17 | 10 |
| 709 Hemlock Road | 4 | 2.1 | $575,000 | 12/08/17 | 3 |
| 101 Emerald Street | 4 | 3.1 | $354,500 | 12/13/17 | 81 |
| 723 Scott Lane | 4 | 3.1 | $440,000 | 12/14/17 | 21 |
| 319 Palmers Lane | 5 | 4.0 | $490,000 | 12/14/17 | 2 |
| 522 Georgetown Road | 3 | 2.1 | $369,000 | 12/14/17 | 5 |
| 28 Medbury Lane | 4 | 2.1 | $395,000 | 12/15/17 | 87 |
| 111 W Brookhaven Road | 5 | 2.1 | $395,000 | 12/15/17 | 39 |
| 800 Avondale Road #3B | 1 | 1.0 | $84,000 | 12/15/17 | 12 |
| 758 Pennsylvania Avenue | 2 | 1.0 | $110,000 | 12/21/17 | 52 |
| 205 Elm Road | 2 | 1.0 | $175,000 | 12/20/17 | 31 |
| 846 Parkridge Drive | 4 | 2.1 | $380,000 | 12/28/17 | 52 |
| 202 Plush Mill Road | 5 | 3.2 | $440,000 | 12/28/17 | 30 |
| 815 S Providence Road | 3 | 2.0 | $215,000 | 12/28/17 | 99 |
| 762 Pennsylvania Avenue | 3 | 1.0 | $126,900 | 12/29/17 | 205 |
| 415 Sheffield Drive | 5 | 3.1 | $575,000 | 12/29/17 | 9 |
| AVERAGE | $347,229 | 46 |
* DOM = Days On Market
6 of 17 transactions had a Seller Assist:
– 230 Grandview Road – $12.500
– 101 Emerald Street – $9,000
– 846 Parkridge Drive – $5,839
– 202 Plush Mill Road – $10,000
– 762 Pennsylvania Avenue – $1,700
– 800 Avondale Road #3B – $750
Financing Methods
– Conventional Mortgage -15 transactions
– Cash – 1 transactions
– FHA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $379,467 | $395,000 | $110,000 | $575,000 | 38 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $128,800 | $128,800 | $128,800 | $128,800 | 205 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $84,000 | $84,000 | $84,000 | $84,000 | 12 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2016 | 22 | $246,332 | 83 | 90.1% | 94.5% |
| 2017 | 17 | $347,229 | 46 | 93.1% | 96.4% |
| -22.7% | 41.0% | -44.6% | 3.0% | 1.9% |
Wallingford PA Real Estate – Wallingford, PA 19086
