Wallingford Elementary School Renovations Are Well Underway
WALLINGFORD PA REAL ESTATE – JANUARY 2012
January Wallingford PA sales fell one unit short when compared to the previous year, 5 vs 6 in 2011. However the average price was down substantially, and Days On Market showed a big increase as well.
There were 5 Wallingford PA homes sold in January 2012.
WALLINGFORD PA HOMES SOLD – JANUARY 2012
| Address | Bed | Bath | Price | Settled |
| 209 Cedar Road | 3 | 1.5 | $65,000 | 01/05/2012 |
| 609 Scott Lane | 4 | 2.0 | $262,500 | 01/06/2012 |
| 700 Avondale Road – 6I | 2 | 2.0 | $110,000 | 01/16/2012 |
| 507 Maple Road | 2 | 1.0 | $105,000 | 01/27/2012 |
| 207 Pine Road | 2 | 1.0 | $90,000 | 01/30/2012 |
These 5 Wallingford PA homes were on the market an average of 155 days, with the average sold price representing 83.98% of the original asking price, and 88.34% of the last asking price.
Days On Market
– 209 Cedar Road – 357
– 609 Scott Lane – 231
– 700 Avondale Road – 6I – 50
– 507 Maple Road – 8
– 207 Pine Road – 129
Financing Methods
– Conventional Mortgage – 3 transactions
– Cash – 2 transactions
A Seller Assist was utilized in 1 of the 5 Wallingford PA homes sold.
– 700 Avondale Road – 6I – $700
No distressed sales – Short Sales or Bank Owned Foreclosures were reported.
Wallingford January 2012 Activity vs January 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 6 | $417,567 | 110 | 90.37% | 96.32% |
| 2012 | 5 | $126,500 | 155 | 83.98% | 88.34% |
| -16.7% | -69.7% | 40.9% | -6.39% | -7.98% |
In February 11 of the currently 19 Pending listings are scheduled to settle.
SWARTHMORE REAL ESTATE – JANUARY 2012
Scott Amphitheater During This Year's Lone January Snow
5 Swarthmore homes sold during the month of January 2012.
SWARTHMORE HOMES SOLD – JANUARY 2012
| Address | Bed | Bath | Price | Settled |
| 116 Harvard Avenue | 4 | 3.5 | $850,000 | 01/10/2012 |
| 25 Forest Lane | 4 | 2.5 | $520,000 | 01/13/2012 |
| 625 Strath Haven Avenue | 4 | 3.5 | $390,000 | 01/19/2012 |
| 801 Yale Avenue – Unit 707 | 2 | 2.0 | $105,000 | 01/23/2012 |
| 316 Dartmouth Avenue | 4 | 1.5 | $254,500 | 01/26/2012 |
January 2012 Swarthmore home sales posted a strong first month of the year. Five Swarthmore homes sold for an average price of $423,900, and were on the market an remarkably short average of 36 days, fetching 91.67% of original asking price, and 93.75% of last asking price.
When compared with January 2011, Days On Market decreased by over 73% and the average price posted a healthy 21.6% increase.
Days On Market
– 116 Harvard Avenue – 8
– 25 Forest Lane – 75
– 625 Strath Haven Avenue – 33
– 801 Yale Avenue – Unit 707 – 8
– 316 Dartmouth Avenue – 54
Financing Methods
– Conventional Mortgage – 3 transactions
– Cash – 2 transactions
No distressed sales – Short Sales or Bank Owned Foreclosures were reported.
Swarthmore January 2012 Activity vs January 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 5 | $348,620 | 130 | 92.55% | 94.43% |
| 2012 | 5 | $423,900 | 36 | 91.67% | 93.63% |
| 21.6% | -72.3% | -3.62% | -0.80% |
Looking ahead, 5 of 8 currently Pending listings are slated to settle in February.
