Swarthmore Homes SOld

Swarthmore Real Estate – November 20, 2017 To November 26, 2017

November 29, 2017 by admin

A weekly review of recently sold homes in Swarthmore PA and current market statistics.

There are 16 homes listed for sale in Swarthmore on November 29, 2017 with an average asking price of $424,975. There is 1 settlement scheduled for this week.

Swarthmore Market Snapshot – 16 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$424,975	$444,250	$99,000	$895,000	185

Single/Twin Market Snapshot – 11 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$564,891	$495,900	$345,500	$895,000	251

Condo Market Snapshot – 5 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$117,160	$110,000	$99,000	$149,900	40

*DOM = Days On Market

No Swarthmore homes went under contract

No new listings came onto the market

No listings expired

No listings were withdrawn from the market

7 homes are Under Contract at this time

No Swarthmore homes settled last week

Swarthmore Homes Sold November 20, 2017 To November 26, 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM
– No Homes Sold –	–	–	–	–	–

Swarthmore Real Estate – Swarthmore, PA 19081

Swarthmore Real Estate – March 7, 2016 To March 13, 2016

March 16, 2016 by admin

A weekly review of recently sold homes in Swarthmore PA and current market statistics.

There are 19 homes listed for sale in Swarthmore on March 16, 2016 with an average asking price of $422,378. There are 4 settlements scheduled for this week.

The amount home owners estimate their home is worth is growing out of proportion with appraisers’ estimates, with the gap widening for the first time in six months, according to Quicken Loans’ latest Home Price Perception Index.

On average, appraisers’ estimates were about 2% lower than what home owners expected in February. The Quicken Loans study compares actual appraised values to what home owners who are refinancing estimate their home is worth at the beginning of the mortgage process.

Swarthmore Market Snapshot – 19 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$422,378	$375,000	$124,900	$975,000	106

Single/Twin Market Snapshot – 17 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$456,075	$444,000	$219,900	$975,000	110

Condo/Townhouse Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$135,950	$124,900	$147,000	70

*DOM = Days On Market

4 Swarthmore homes went under contract

4 new listings came onto the market

No listings expired

No listings were withdrawn from the market

16 homes are Under Contract at this time

1 Swarthmore home sold last week

Swarthmore Homes Sold March 7, 2016 To March 13, 2016
ADDRESS	BED	BATH	PRICE	SETTLED	DOM
401 S Chester Road	6	3.2	$500,000	03/11/16	5
AVERAGE			$500,000		5

Swarthmore Real Estate – Swarthmore, PA 19081

Wallingford PA Real Estate – December 2012

January 1, 2013 by admin

Wallingford PA Real Estate - Santa Visits Wallingford - Courtesty Of Garden City Fire Department

Santa Visits Wallingford PA - Thanks To The Garden City Fire Department

WALLINGFORD PA REAL ESTATE – DECEMBER 2012

December 2012 sales posted a 1 home increase over the same month of the previous year, with 11 Wallingford PA homes sold in December 2012 as opposed to 10 sales in November 2011.

The average sales prices also took a tumble over last year, dropping to $221,468, which is a 32.1% drop. The dramatic decrease in the average sale price exhibits the detrimental effect distressed property sales have on the market. Two of the sales in December were short sales, and without including those properties in the single home sales data the average rises up to $285,986, which still represents a big dip when compared to the December 2011 average.

There is some underlying good news in December sales data. Three homes sold for the asking price or above, and were on the market an average of only 16 days. That is an indication of listing prices being closely aligned with buyers and the market. Overall single homes fetched an average of 96.8% of the last list price, which also indicates pricing aligning with the market.

There were 11 Wallingford PA homes sold in December 2012.

WALLINGFORD PA HOMES SOLD – DECEMBER 2012

Address	Bed	Bath	Price	DOM*	Settled
713 Atlanta Court	2	1.0	$76,000	22	12/07/2012
231 Canterbury Drive	5	3.0	$290,000	228	12/07/2012
15 Waterford Way	4	2.5	$342,000	177	12/12/2012
306 Woodward Road	6	2.5	$495,000	2	12/13/2012
1090 Putnam Blvd	2	2.5	$152,000	20	12/18/2012
836A Putnam Blvd	2	1.0	$109,000	212	12/20/2012
120 Ronaldson Street	3	1.0	$55,343	23	12/21/2012
205 Walnut Road	3	2.5	$207,900	23	12/21/2012
305 Chestnut Pkwy	3	2.0	$120,000	384	12/26/2012
116 West Brookhaven Rd	4	2.5	$339,000	7	12/27/2012
712 Hemlock Road	3	1.0	$249,900	248	12/28/2012

* DOM = Days On Market

These 11 Wallingford PA homes were on the market an average of 122 days, with the average sold price representing 92.62% of the original asking price, and 96.15% of the last asking price. The median sale price came in at $207,900.

Financing Methods

– Cash – 6 transactions

– Conventional – 5 transactions

A Seller Assist was utilized in 2 of the 11 Wallingford PA homes sold in December.

– 15 Waterford Way – $3,500

– 712 Hemlock Road – $14,994

120 Ronaldson Street and 305 Chestnut Parkway were recorded as Short Sales.

Wallingford PA Single Homes – December 2012 – 9 Sales

Avg Price	Median Price	Low	High	Days Listed
$241,683	$249,900	$55,343	$495,000	124

Wallingford PA Townhouse/Condos – December 2012 – 2 Sales

Avg Price	Median Price	Low	High	Days Listed
$130,500	$130,500	$109,000	$152,000	116

Total Wallingford PA December 2012 Activity vs December 2011

	*SALES*	*AVERAGE*	*DOM*	*STL TO ORIG*	*STL TO LAST*
2011	10	$326,250	119	89.15%	95.08%
2012	11	$221,468	122	92.62%	96.15%
	10.0%	-32.1%	2.5%	3.47%	1.07%

Looking ahead there are 7 settlements scheduled in January, and 2 due to take place in February 2013.

SWARTHMORE REAL ESTATE – DECEMBER 2012

Swarthmore Home Decorated For The Season

5 Swarthmore homes sold during the month of December 2012. Across the board the performance for December 2012 outpaced last year. Average price for all homes was up 66.2%, and 5 homes sold this past month as opposed to 2 in December 2011.

SWARTHMORE PA HOMES SOLD – DECEMBER 2012

Address	Bed	Bath	Price	DOM*	Settled
801 Yale Avenue – 508	3	2.0	$181,000	24	12/10/2012
133 Ogden Avenue	8	**	$419,500	13	12/13/2012
801 Yale Avenue – 609	2	2.0	$158,000	20	12/13/2012
920 Westdale Avenue	5	4.5	$415,000	475	12/14/2012
414 Thayer Road	4	2.5	$750,000	9	12/20/2012

* DOM = Days On Market

** – 133 Ogden Avenue is a triplex – # of baths not reported, was reported as a single family home sale

These 5 Swarthmore homes sold for an average price of $384,700 and were on the market an average of 108 days, fetching 93.67% of both original asking price and last asking price.

Financing Methods

– Cash – 2 transactions

– Conventional Financing – 2 transactions

– VA Financing – 1 transaction

Seller Assist – December 2012 Swarthmore transactions.

– 133 Ogden Avenue – $25,170

– 920 Westdale Avenue – $23,600

Swarthmore PA Single Homes -December 2012 – 3 Sales

Avg Price	Median Price	Low	High	Days Listed
$528,167	$419,500	$415,000	$750,000	166

Swarthmore PA Townhouse/Condos – December 2012 -2 Sales

Avg Price	Median Price	Low	High	Days Listed
$169,500	$169,500	$158,000	$181,000	22

Total Swarthmore PA December 2012 Activity vs December 2011

	*SALES*	*AVERAGE*	*DOM*	*STL TO ORIG*	*STL TO LAST*
2011	2	$231,500	107	80.85%	93.27%
2012	5	$384,700	108	93.76%	93.76%
	150%	66.2%	.009%	12.91%	0.49%

Looking ahead to projected activity, January has 3 settlements scheduled, and 1 in April 2013.

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – November 2012

December 3, 2012 by admin

WALLINGFORD REAL ESTATE NOVEMBER 2012

November sales posted a disappointing decrease over the same month of the previous year, with 11 Wallingford PA homes sold in November 2012 as opposed to 17 sales in November 2011, a 35% drop in activity. The average sales prices also took a tumble over last year, dropping to $270,082, which is a 17.2% drop.

There were 11 Wallingford PA homes sold in November 2012.

WALLINGFORD PA HOMES SOLD – NOVEMBER 2012

Address	Bed	Bath	Price	DOM*	Settled
604 Rockbourne Mills Ct	4	3.5	$360,000	69	11/01/2012
410 Moreland Road	5	3.5	$525,000	153	11/01/2012
419 E Country Club Ln	3	2.5	$369,000	17	11/01/2012
711 Washington Ave	3	1.5	$190,000	190	11/02/2012
713 Pine Ridge Road	4	2.5	$239,900	60	11/09/2012
969 Putnam Blvd	2	2.5	$350,000	36	11/09/2012
846B Putnam Blvd	2	1.0	$105,000	13	11/15/2012
800 Avondale Rd PH16	1	1.0	$110,000	140	11/16/2012
197 Woodward Road	5	3.5	$520,000	45	11/19/2012
203 Stanford Drive	3	1.5	$245,000	22	11/20/2012
1027 Putnam Blvd	2	2.5	$170,000	64	11/30/2012

* DOM = Days On Market

These 11 Wallingford PA homes were on the market an average of 74 days, with the average sold price representing 88.63% of the original asking price, a figure that indicates initial over pricing, and 96.12% of the last asking price.

Financing Methods

– Conventional – 7 transactions

– FHA – 2 transactions

– Cash – 2 transactions

A Seller Assist was utilized in 3 of the 11 Wallingford PA homes sold.

– 410 Moreland Road – $15,750

– 711 Washington Avenue – $5,000

– 713 Pine Ridge – $10,000

713 Pine Ridge Road was recorded as a Short Sale.

Wallingford PA Single Homes – November 2012 – 6 Sales

Avg Price	Median Price	Low	High	Days Listed
$348,150	$307,000	$190,000	$525,000	81

Wallingford PA Townhouse/Condos – November 2012 – 5 Sales

Avg Price	Median Price	Low	High	Days Listed
$176,400	$137,000	$105,000	$360,000	74

Wallingford PA November 2012 Activity vs November 2011

	*SALES*	*AVERAGE*	*DOM*	*STL TO ORIG*	*STL TO LAST*
2011	17	$326,250	119	89.15%	95.08%
2012	11	$270,082	74	88.63%	96.12%
	-35.3%	-17.2%	-37.8%	-0.52%	1.04%

Looking ahead to December there are 10 settlements scheduled and 2 due to take place in January 2013.

SWARTHMORE REAL ESTATE – NOVEMBER 2012

4 Swarthmore homes sold during the month of November 2012. Across the board the performance for November 2012 outpaced last year. Average price for all homes was up 22.1%, and Days On Market decreased to by 12.9% to 67 days.

SWARTHMORE PA HOMES SOLD – NOVEMBER 2012

Address	Bed	Bath	Price	DOM*	Settled
116 Yale Avenue	4	2.0	$449,500	4	11/15/2012
563 Westminster Ave	4	2.5	$275,000	13	11/19/2012
801 Yale Avenue – 1106	1	1.0	$83,000	126	11/30/2012
525 Walnut Lane	6	4.5	$825,000	125	11/30/2012

* DOM = Days On Market

These 4 Swarthmore homes sold for an average price of $408,125, and were on the market an average of 67 days, fetching 95.27% of original asking price, and 98.15% of last asking price.

Three transactions utilized conventional financing, and the other was a cash sale.

525 Walnut Lane had a $1,000 Seller Assist.

Looking ahead to projected activity, December has 5 settlements scheduled, and 1 in January 2013.

Swarthmore PA Single Homes – November 2012 – 3 Sales

Avg Price	Median Price	Low	High	Days Listed
$516,500	$449,500	$275,000	$825,000	47

Swarthmore PA Townhouse/Condos – November 2012 – 1 Sale

Avg Price	Median Price	Low	High	Days Listed
$83,000	$83,000	$83,000	$83,000	126

Swarthmore PA November 2012 Activity vs November 2011

	*SALES*	*AVERAGE*	*DOM*	*STL TO ORIG*	*STL TO LAST*
2011	3	$333,967	77	95.03%	97.13%
2012	4	$408,125	67	95.27%	98.15%
	33.3%	22.1%	-12.9%	0.24%	1.02%

Wallingford Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 2012

November 2, 2012 by admin

Utility Trucks Respond To Hurricane Sandy Storm Damage - Wallingford PA - Wallingford PA Real Estate

Utility Trucks Responding To Hurricane Sandy Storm Damage In Sproul Estates - Wallingford PA

WALLINGFORD PA REAL ESTATE – OCTOBER 2012

There were 15 Wallingford PA homes sold during the month of October 2012, representing a substantial increase in sales when compared to October 2011, when 7 homes sold. However the average price was a little spooky, it dropped by $43,976, representing a 14% decline, to $269,953. It must be haunting some people that there was a Weston Village townhome that sold for $129,900 during the month, and with a Seller Assist in addition! Remember when a condo unit in Danbury Village would command such a price. For good news the average Days On Market dropped a healthy 46.2% to 99 days.

The settled price to original price ratio of 88.99% indicates that there was a bit of price cutting in order to get a home sold.

Wallingford PA Halloween Display - Wallingford PA Real Estate

"Rock And Roll Graveyard" - Summit Neighborhood - Wallingford PA

WALLINGFORD PA HOMES SOLD – OCTOBER 2012

Address	Bed	Bath	Price	DOM*	Settled
118 E. Brookhaven Road	4	2.5	$272,000	212	10/03/2012
1342 Putnam Blvd	2	2.5	$166,500	7	10/03/2012
799 Pennsylvania Ave	1	1.0	$38,000	66	10/10/2012
610 Columbia Mills Ct	3	2.2	$332,500	28	10/09/2012
1314 Putnam Blvd	2	2.5	$129,900	155	10/10/2012
522 Georgetown Rd	3	2.5	$269,000	77	10/12/2012
513 Oakcrest Lane	4	3.0	$350,000	115	10/15/2012
800 Avondale Rd – PH17	1	1.0	$106,000	112	10/15/2012
1175 Putnam Blvd	2	2.5	$153,000	154	10/17/2012
13 Strathmore Court	5	3.5	$844,900	87	10/19/2012
106 Quaint Road	3	2.5	$320,000	8	10/22/2012
508 Scott Lane	5	2.2	$380,000	112	10/23/2012
117 Ash Road	3	2.5	$200,000	39	10/25/2012
408 Golfview Road	4	2.0	$353,500	155	10/26/2012
602 Blakeley Road	3	1.5	$135,000	156	10/29/2012

* DOM = Days On Market

These 15 Wallingford PA homes sold at an average price of $269,953. Selling prices represented 88.99% of the original asking price, and 94.01% of the last asking price.

Financing Methods

– Conventional Mortgage – 11 transactions

– FHA Mortgage – 2 transactions

– Cash -1 transaction

– VA Mortgage – 1 transaction

Sellers granted a Seller Assist in 7 of the 15 Wallingford PA homes sold in October 2012.

– 1342 Putnam Blvd – $4,500

– 1314 Putnam Blvd – $3,897

– 522 Georgetown Road – $7,000

– 13 Strathmore Court – $25,347

– 508 Scott Lane – $16,300

– 117 Ash Road – $4,500

– 602 Blakeley Road – $8,100

1314 Putnam and 206 Quaint Road were Bank Owned Foreclosures.

Wallingford October 2012 Activity vs October 2011

	*SALES*	*AVERAGE*	*DOM*	*STL TO ORIG*	*STL TO LAST*
2011	7	$313,929	184	92.76%	95.58%
2012	15	$269,953	99	88.99%	94.01%
	114.3%	-14.0%	-46.2%	-3.77%	-1.57%

In November 10 homes are scheduled to settle, 4 homes in December, and 1 in January.

SWARTHMORE REAL ESTATE – OCTOBER 2012

Swarthmore Co Op - Pumpkins - Swarthmore PA - Wallingford PA Real Estate - Wallingford PA

Pumpkins For Sale At The Swarthmore Co-Op

October 2012 Swarthmore home sales bested October 2011 sales by 3 units. October 2012 Swarthmore homes sold for an average price of $336,733, and were on the market an average of 129 days. Selling prices represented 90.43% of original asking price, and 95.45% of the last asking price. Last year there was a million dollar plus sale – $1,096,250 – among the 3 homes sold in October 2011, so the average price was skewed a bit when compared to this month’s activity.

There were 6 Swarthmore PA homes sold during the month of October 2012.