WALLINGFORD PA REAL ESTATE – DECEMBER 2011
We end the year on a positive note with December sales posting a doubling of same month of the previous year, with 10 Wallingford PA homes sold in December 2011 as opposed to 5 sales in December 2010. However the average sales price took a sharp 16.8% decline.
There were 10 Wallingford PA homes sold in December 2011.
WALLINGFORD PA HOMES SOLD – DECEMBER 2011
| Address | Bed | Bath | Price | Settled |
| 401 Trenton Court | 2 | 1.0 | $38,000 | 12/08/2011 |
| 612 Morris Lane | 4 | 2.5 | $263,500 | 12/09/2011 |
| 606 Morris Lane | 3 | 2.5 | $290,000 | 12/09/2011 |
| 742 Windsor Place | 5 | 3.5 | $347,500 | 12/12/2011 |
| 404 Christian Lane | 4 | 2.5 | $303,450 | 12/15/2011 |
| 100 Brent Drive | 4 | 3.5 | $370,000 | 12/15/2011 |
| 103 Garnet Lane | 4 | 2.5 | $245,000 | 12/16/2011 |
| 7 Strathmore Court | 4 | 3.5 | $715,000 | 12/20/2011 |
| 130 Dundee Mills Lane | 3 | 3.5 | $358,000 | 12/21/2011 |
| 402 Sheffield Drive | 4 | 2.2 | $359,000 | 12/21/2011 |
These 10 Wallingford PA homes were on the market an average of 185 days, with the average sold price representing 87.94% of the original asking price, and 94.99% of the last asking price.
For the short and long of it, Christian Lane was on the market for 24 days, while 7 Strathmore Court was on the market 470 days.
Financing Methods
- Conventional – 8
- Cash – 1
- FHA – 1
A Seller Assist was utilized in 4 of the 10 Wallingford PA homes sold.
- 612 Morris Lane – $15,810
- 742 Windsor Place – $10,000
- 2 Strathmore Court $5,000
- 402 Sheffield Drive – $1,000
Wallingford December 2011 Activity vs December 2010
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2010 | 5 | $389,600 | 231 | 84.12% | 95.84% |
| 2011 | 10 | $324,035 | 185 | 87.94% | 94.99% |
| 100.0% | -16.8% | -19.9% | 3.82% | -0.85% |
Looking forward to January there are 5 settlements scheduled for the month.
SWARTHMORE REAL ESTATE – DECEMBER 2011
- Christmas Wreaths – Swarthmore Presbyterian Church
2 Swarthmore homes sold during the month of December 2011.
SWARTHMORE HOMES SOLD – DECEMBER 2011
| Address | Bed | Bath | Price | Settled |
| 301 Dartmouth Avenue | 3 | 1.5 | $270,000 | 12/06/2011 |
| 550 Walnut Lane | 6 | 2.5 | $193,000 | 12/09/2011 |
These 2 Swarthmore homes sold for an average price of $231,500, and were on the market an average of 107 days, fetching 80.5% of original asking price, and 93.27% of last asking price.
301 Dartmouth Avenue was on the market 109 days, and 550 Walnut Lane was on the market 105 days.
550 Walnut Lane was a Bank Owned Property.
Swarthmore December 2011 Activity vs December 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2010 | 1 | $134,500 | 275 | 84.12% | 92.76% |
| 2011 | 2 | $231,500 | 107 | 80.50% | 93.27% |
| 100.0% | 72.1% | -61.1% | -3.62% | 0.51% |
Looking ahead to projected activity for January, there are 6 settlements scheduled.
