Utility Trucks Responding To Hurricane Sandy Storm Damage In Sproul Estates - Wallingford PA
WALLINGFORD PA REAL ESTATE – OCTOBER 2012
There were 15 Wallingford PA homes sold during the month of October 2012, representing a substantial increase in sales when compared to October 2011, when 7 homes sold. However the average price was a little spooky, it dropped by $43,976, representing a 14% decline, to $269,953. It must be haunting some people that there was a Weston Village townhome that sold for $129,900 during the month, and with a Seller Assist in addition! Remember when a condo unit in Danbury Village would command such a price. For good news the average Days On Market dropped a healthy 46.2% to 99 days.
The settled price to original price ratio of 88.99% indicates that there was a bit of price cutting in order to get a home sold.
"Rock And Roll Graveyard" - Summit Neighborhood - Wallingford PA
WALLINGFORD PA HOMES SOLD – OCTOBER 2012
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
118 E. Brookhaven Road |
4 |
2.5 |
$272,000 |
212 |
10/03/2012 |
|
1342 Putnam Blvd |
2 |
2.5 |
$166,500 |
7 |
10/03/2012 |
|
799 Pennsylvania Ave |
1 |
1.0 |
$38,000 |
66 |
10/10/2012 |
|
610 Columbia Mills Ct |
3 |
2.2 |
$332,500 |
28 |
10/09/2012 |
|
1314 Putnam Blvd |
2 |
2.5 |
$129,900 |
155 |
10/10/2012 |
|
522 Georgetown Rd |
3 |
2.5 |
$269,000 |
77 |
10/12/2012 |
|
513 Oakcrest Lane |
4 |
3.0 |
$350,000 |
115 |
10/15/2012 |
|
800 Avondale Rd – PH17 |
1 |
1.0 |
$106,000 |
112 |
10/15/2012 |
|
1175 Putnam Blvd |
2 |
2.5 |
$153,000 |
154 |
10/17/2012 |
|
13 Strathmore Court |
5 |
3.5 |
$844,900 |
87 |
10/19/2012 |
|
106 Quaint Road |
3 |
2.5 |
$320,000 |
8 |
10/22/2012 |
|
508 Scott Lane |
5 |
2.2 |
$380,000 |
112 |
10/23/2012 |
|
117 Ash Road |
3 |
2.5 |
$200,000 |
39 |
10/25/2012 |
|
408 Golfview Road |
4 |
2.0 |
$353,500 |
155 |
10/26/2012 |
|
602 Blakeley Road |
3 |
1.5 |
$135,000 |
156 |
10/29/2012 |
* DOM = Days On Market
These 15 Wallingford PA homes sold at an average price of $269,953. Selling prices represented 88.99% of the original asking price, and 94.01% of the last asking price.
Financing Methods
– Conventional Mortgage – 11 transactions
– FHA Mortgage – 2 transactions
– Cash -1 transaction
– VA Mortgage – 1 transaction
Sellers granted a Seller Assist in 7 of the 15 Wallingford PA homes sold in October 2012.
– 1342 Putnam Blvd – $4,500
– 1314 Putnam Blvd – $3,897
– 522 Georgetown Road – $7,000
– 13 Strathmore Court – $25,347
– 508 Scott Lane – $16,300
– 117 Ash Road – $4,500
– 602 Blakeley Road – $8,100
1314 Putnam and 206 Quaint Road were Bank Owned Foreclosures.
Wallingford October 2012 Activity vs October 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 7 | $313,929 | 184 | 92.76% | 95.58% |
| 2012 | 15 | $269,953 | 99 | 88.99% | 94.01% |
| 114.3% | -14.0% | -46.2% | -3.77% | -1.57% |
In November 10 homes are scheduled to settle, 4 homes in December, and 1 in January.
SWARTHMORE REAL ESTATE – OCTOBER 2012
Pumpkins For Sale At The Swarthmore Co-Op
October 2012 Swarthmore home sales bested October 2011 sales by 3 units. October 2012 Swarthmore homes sold for an average price of $336,733, and were on the market an average of 129 days. Selling prices represented 90.43% of original asking price, and 95.45% of the last asking price. Last year there was a million dollar plus sale – $1,096,250 – among the 3 homes sold in October 2011, so the average price was skewed a bit when compared to this month’s activity.
There were 6 Swarthmore PA homes sold during the month of October 2012.
SWARTHMORE HOMES SOLD – October 2012
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
340 Dickinson Avenue |
4 |
3.5 |
$599,000 |
71 |
10/05/2012 |
|
530 Walnut Lane |
5 |
3.0 |
$385,000 |
400 |
10/09/2012 |
|
14 Crest Lane |
4 |
2.5 |
$350,000 |
71 |
10/19/2012 |
|
201 Bowdin Lane |
3 |
1.5 |
$223,000 |
18 |
10/26/2012 |
|
504 Yale Avenue |
4 |
1.5 |
$229,900 |
9 |
10/31/2012 |
|
404 Haverford Place |
3 |
1.5 |
$233,500 |
200 |
10/31/2012 |
* DOM = Days On Market
Financing Methods
– Conventional Mortgage -4 transactions
– FHA Mortgage – 1 transaction
– VA Mortgage – 1 transaction
A Seller Assist was present in 3 of the 6 Swarthmore PA homes sold in October 2012.
– 14 Crest Lane – $775
– 201Bowdin Avenue – $5,000
– 504 Yale Avenue – $4,598
No distressed sales – Short Sales or Bank Owned Foreclosures were reported during October.
Swarthmore October 2012 Activity vs October 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 3 | $594,417 | 103 | 89.28% | 95.33% |
| 2012 | 6 | $336,733 | 129 | 90.43% | 95.45% |
| 100.00% | -43.4% | 26.2% | 1.15% | 0.12% |
Looking ahead, 3 Swarthmore properties are scheduled to settle in November, 2 in December, and 1 in January 2013.
