Archives for October 2012
Community Halloween Party At Wallingford Presbyterian Church – Friday October 19
HAPPY HALLOWEEN !!
Wallingford Presbyterian Church will be hosting a Halloween Party on Friday, October 19 from 6:30 to 8:00 PM. Parents are encouraged to bring their children in costume. Entry to Fellowship Hall will be via the “haunted hallway”. Once in Fellowship Hall, we will be serving hot dogs to start the evening. After dinner, children will create and fill trick or treat bags for Chester Eastside youth. Following that children will have an opportunity to pick a pumpkin from the pumpkin patch and paint a face on it. Cost of the evening is $5 per family plus a bag of candy.
Space is limited and registration is required. Call the church office at 610-566-1644, Ext 0 to register, or click here.
Wallingford Real Estate – Wallingford, PA 19086
Wallingford PA Real Estate – 3rd Quarter 2012
Sales of Wallingford PA homes decreased slightly in the 3rd quarter of 2012 when compared to the same period of last year – 42 this year versus 45 in the 2nd Quarter of 2011.
These results signal the end of a string of quarterly increases in sales stretching back to last year. It was not a particularly good quarter in terms of average price, and Days on Market as well.
Condominium and townhouse prices averaged $152,750, while single family homes averaged $284,038.
The average price of all Wallingford PA homes sold for the period of July through September, showed a dip of 6.9% over last year. Days On Market increased – from 83 last year to 118 this year.
There were 19 Wallingford PA homes sold in July 2012, 15 in August 2012, and 8 sold in September 2012, wrapping up the quarter.
Home prices ranged from a low of $31,000 to a high mark of $600,000 for the quarter.
3rd Quarter 2012 Vs 3rd Quarter 2011
SALES |
AVERAGE |
MEDIAN |
DOM |
|
2011 |
45 |
$291,784 |
$261,900 |
83 |
2012 |
42 |
$271,535 |
$276,000 |
118 |
-6.7% |
-6.9% |
5.4% |
42.2% |
Nether Providence Township Unveils New Fence Regulations
If you are considering installing a fence in Nether Providence Township you will need to heed the township’s new ordinance before you start digging. Ordinance #767, approved by the board of commissioners at a September meeting, specifies that no residential fence or wall may be taller than 6 feet. That limit includes any extensions.
No fence or wall can be placed directly on property lines and the finished side must face out toward the adjacent property or right-of-way. Under the new ordance the use of barbed or razor wire or “similar dangerous protrusions” in residential districts is prohibited, with the exception of ornamental designed fencing.
Wallingford Real Estate – Wallingford, PA 19086
Wallingford PA Real Estate – September 2012
WALLINGFORD PA REAL ESTATE – SEPTEMBER 2012
There were 8 Wallingford PA homes sold during the month of September 2012, representing a substantial decrease in sales when compared to September 2011, when 15 homes sold. This is the second consecutive month that homes sales have decreased when compared to the same month of the previous year.
Through the first three quarters of 2012 the number of Wallingford PA homes sold has increased by 15 homes to 117 units, when compared to the same period last year.
WALLINGFORD PA HOMES SOLD – SEPTEMBER 2012
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
219 Plush Mill Road |
3 |
2.5 |
$460,000 |
77 |
09/07/2012 |
108 Media Parkway |
3 |
2.0 |
$123,699 |
81 |
09/11/2012 |
901 Winding Way |
4 |
3.2 |
$495,000 |
23 |
09/19/2012 |
700 Madison Court |
2 |
1.0 |
$31,000 |
69 |
09/20/2012 |
8 Willow Lane |
3 |
2.5 |
$460,000 |
68 |
09/24/2012 |
203 Emerald Lane |
3 |
1.0 |
$97,500 |
305 |
09/27/2012 |
9 Hickory Lane |
3 |
2.5 |
$320,000 |
10 |
09/28/2012 |
716 Beechwood Road |
4 |
2.5 |
$319,000 |
93 |
09/30/2012 |
* DOM = Days On Market
These 8 Wallingford PA homes sold at an average price of $288,275. Selling prices represented 80.66% of the original asking price, and 86.09% of the last asking price.
Financing Methods
– Conventional Mortgage – 5 transactions
– Cash – 2 transactions
– VA Mortgage – 1 transaction
Sellers granted a Seller Assist in 1 of the 8 Wallingford PA homes sold in September 2012.
– 716 Beechwood Road – $13,00
203 Emerald Lane was a Bank Owned Foreclosure.
Wallingford September 2012 Activity vs September 2011
SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
2011 | 15 | $282,227 | 100 | 89.39% | 93.31% |
2012 | 8 | $288,275 | 91 | 80.66% | 86.09% |
-53.3% | 2.14% | -9.0% | -8.73% | -7.22% |
In October 15 homes are scheduled to settle, 2 homes in November, and 1 in both December and January.
SWARTHMORE REAL ESTATE – SEPTEMBER 2012
September 2012 Swarthmore home sales bested September 2011 sales by 3 units. September 2012 Swarthmore homes sold for an average price of $367,343, and were on the market an average of 45 days. Selling prices represented 92.61% of original asking price, and 95.86% of the last asking price.
There were 7 Swarthmore PA homes sold during the month of September 2012.
SWARTHMORE HOMES SOLD – SEPTEMBER 2012
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
312 Ogden Avenue |
4 |
3.0 |
$530,000 |
9 |
09/06/2012 |
801 Yale Avenue – 108 |
3 |
2.0 |
$204,000 |
23 |
09/04/2012 |
203 Harvard Avenue |
3 |
1.5 |
$380,000 |
35 |
09/14/2012 |
641 North Chester Road |
5 |
3.2 |
$450,000 |
223 |
09/21/2012 |
204 Benjamin West Ave |
4 |
2.5 |
$456,000 |
5 |
09/26/2012 |
405 Strath Haven Ave |
4 |
2.5 |
$350,000 |
8 |
09/26/2012 |
107 Rutgers Avenue |
1 |
1.0 |
$80,000 |
10 |
09/28/2012 |
* DOM = Days On Market
Financing Methods
– Conventional Mortgage -3 transactions
– Cash – 3 transactions
– Other – 1 transaction
A Seller Assist was present in 2 of the 7 Swarthmore PA homes sold in Septembert 2012.
– 312 Ogden Avenue – $2,675
– 405 Strath Haven Avenue – $10,000
No distressed sales – Short Sales or Bank Owned Foreclosures were reported during August.
Swarthmore September 2012 Activity vs September 2011
SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
2011 | 4 | $399,375 | 234 | 91.14% | 94.95% |
2012 | 7 | $367,343 | 45 | 92.61% | 95.86% |
75.00% | -8.02% | -80.07% | 1.47% | 0.91% |
Looking ahead, 6 Swarthmore properties are scheduled to settle in October,2 in November, and 1 in January 2013.