Strath Haven Middle School Awaits The New School Year
WALLINGFORD PA REAL ESTATE – August 2012
There were 15 Wallingford PA homes sold during the month of August 2012, representing a 16% decrease in sales when compared to August 2011, when 18 homes sold. Across the board August underperformed when compared to August 2011 – the average sale price decreased by 16.9%, it took longer to sell a home – up by 40 days, representing a 40% increase, and the selling price ratio to both the original price and last list price saw declines.
However, through the end of August 2012 the number of Wallingford PA homes sold over the same time period of 2011 has increased by 23 homes – a 25.3% gain.
WALLINGFORD PA HOMES SOLD – AUGUST 2012
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
800 Avondale Road – 4G |
2 |
2.0 |
$599,000 |
256 |
08/01/2012 |
|
31 Willow Road |
3 |
1.5 |
$155,000 |
94 |
08/09/2012 |
|
215 Willow Road |
3 |
2.5 |
$130,000 |
168 |
08/09/2012 |
|
1010 Putnam Blvd |
2 |
2.5 |
$161,000 |
164 |
08/10/2012 |
|
832 Surrey Lane |
3 |
2.0 |
$377,250 |
23 |
08/10/2012 |
|
6 Irving Road |
3 |
2.0 |
$262,000 |
321 |
08/13/2012 |
|
826 Meredith Drive |
4 |
2.5 |
$600,000 |
119 |
08/15/2012 |
|
407 Blakeley Road |
4 |
1.0 |
$196,000 |
29 |
08/15/2012 |
|
1019 Putnam Blvd |
2 |
2.5 |
$178,000 |
4 |
08/15/2012 |
|
224 Canterbury Road |
3 |
1.5 |
$215,000 |
113 |
08/21/2012 |
|
404 Moore Road |
4 |
2.5 |
$290,000 |
58 |
08/22/2012 |
|
827 Parkridge Drive |
4 |
3.0 |
$365,000 |
15 |
08/23/2012 |
|
615 W Brookhaven Road |
4 |
3.5 |
$298,700 |
57 |
08/29/2012 |
|
415 Turner Road |
3 |
1.5 |
$220,000 |
282 |
08/29/2012 |
|
111 Waterville Road |
3 |
2.0 |
$175,000 |
361 |
08/31/2012 |
* DOM = Days On Market
These 15 Wallingford PA homes sold at an average price of $249,197. Selling prices represented 85.84% of the original asking price, and 93.74% of the last asking price.
Financing Methods
– Conventional Mortgage – 11 transactions
– Cash – 3 transactions
– FHA Mortgage – 1 transaction
Sellers granted a Seller Assist in 4 of the 15 Wallingford PA homes sold in August 2012 ranging from $1,000 to $8,860.
– 6 Irving Road – $8,860
– 407 Blakeley Road – $4,200
– 827 Parkridge Drive – $1,000
415 Turner Road was a Short Sale.
Wallingford August 2012 Activity vs August 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 18 | $299,948 | 98 | 92.00% | 96.39% |
| 2012 | 15 | $249,197 | 138 | 85.84% | 93.74% |
| -16.7% | -16.9% | 40.8% | -6.16% | -2.65% |
In September 7 homes are scheduled to settle, 6 homes are scheduled to settle in October, and 1 in November.
SWARTHMORE REAL ESTATE – AUGUST 2012
August 2012 Swarthmore home sales were short of August 2011 sales by 2 units. August 2012 Swarthmore homes sold for an average price of $320,288, and were on the market an average of 75 days. Selling prices represented 92.32% of original asking price, and a strong 97.08% of the last asking price.
There were 8 Swarthmore PA homes sold during the month of August 2012.
SWARTHMORE HOMES SOLD – AUGUST 2012
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
8 Village Greens Lane |
3 |
3.0 |
$305,000 |
32 |
08/01/2012 |
|
801 Yale Avenue – 917 |
2 |
2.0 |
$115,000 |
18 |
08/01/2012 |
|
337 Vassar Avenue |
4 |
2.5 |
$457,000 |
6 |
08/01/2012 |
|
801 Yale Avenue – 726 |
2 |
2.0 |
$87.500 |
324 |
08/02/2012 |
|
402 Cornell Avenue |
4 |
2.0 |
$275,000 |
150 |
08/09/2012 |
|
507 Riverview Road |
5 |
2.5 |
$825,000 |
44 |
08/10/2012 |
|
130 Harvard Avenue |
3 |
1.0 |
$302,800 |
7 |
08/16/2012 |
|
801 Yale Avenue – 622 |
3 |
2.0 |
$195,000 |
16 |
08/23/2012 |
* DOM = Days On Market
Financing Methods
– Conventional Mortgage -4 transactions
– Cash – 4 transactions
A Seller Assist was present in 2 of the 8 Swarthmore PA homes sold in August 2012.
– 8 Village Greens Lane – $2,000
– 337 Vassar Avenue – $4,650
No distressed sales – Short Sales or Bank Owned Foreclosures were reported during August.
Swarthmore August 2012 Activity vs August 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 10 | $443,300 | 70 | 93.13% | 95.56% |
| 2012 | 8 | $320,288 | 75 | 93.32% | 97.08% |
| -20.0% | -27.8% | 7.1% | 0.19% | 1.52% |
Looking ahead, 7 Swarthmore properties are scheduled to settle in September, and 1 in October.
