2nd Quarter Wallingford Homes Sales Incresase 25.6% Over Last Year
Sales of Wallingford PA homes increased 25.6% in the 2nd quarter of 2012 when compared to the same period of last year in terms of number of homes sold – 49 this year versus 39 in the 2nd Quarter of 2011.
Condominium and townhouse prices averaged $181,636, while single family homes averaged $332,300.
The average price of all Wallingford PA homes sold for the period of April through June, showed a small 0.73% increase over the same time last year.
Days On Market decreased from 182 last year to 152 this year.
Interest rates continue to set record lows during the quarter, last week the average rate for a 30 year fixed rate mortgage was 3.62%.
There were 14 Wallingford PA homes sold in April 2012, 18 in May 2012, and 17 sold in June 2012 wrapping up the quarter.
Home prices ranged from a low of $42,000 to a high mark of $875,000 for the quarter.
|
|
SALES |
AVERAGE |
MEDIAN |
DOM |
| 2011 |
39 |
$298,478 |
$278,500 |
182 |
| 2012 |
49 |
$300,671 |
$240,000 |
152 |
|
25.6% |
0.73% |
-13.8% |
-16.5% |
