Winter Morning Sunrise In Wallingford – February 2013
WALLINGFORD PA REAL ESTATE – FEBRUARY 2013
If you are looking for a good month in terms of numbers, February 2013 in Wallingford PA would be a good choice. Sales matched February 2012 with 9 homes sold, but the numbers were bolstered by an average sale price of $446,433, representing a 83.9% increase in the average price over last year. Three homes during the month sold for prices in excess of $600,000, and the average sale price during the month represents a number exceeding the “normal” area sale price by over $100,000.
The number of Days On Market saw a substantial improvement dropping 48.9% from last year to 97 days, single homes sold during the month were only on the market an average of 73 days.
I would not expect upcoming months to match February’s numbers, but hope to see continued growth in number of homes sold and positive news when it comes to price stabilization, and perhaps even a slight upturn.
There were 9 Wallingford PA homes sold in February 2013.
WALLINGFORD PA HOMES SOLD – FEBRUARY 2013
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
305 Dogwood Lane |
5 |
3.5 |
$357,500 |
12 |
02/07/2013 |
|
206 Sycamore Lane |
5 |
2.5 |
$385,000 |
159 |
02/07/2013 |
|
920 Truepenny Road |
5 |
3.5 |
$668,900 |
114 |
02/14/2013 |
|
403 Crumwald Lane |
4 |
3.5 |
$450,000 |
54 |
02/15/2013 |
|
10 W Possum Hollow Road |
4 |
2.5 |
$384,000 |
48 |
02/15/2013 |
|
219 W Country Club Lane |
5 |
4.2 |
$742,500 |
14 |
02/22/2013 |
|
506 Moylan Avenue |
4 |
3.5 |
$750,000 |
112 |
02/25/2013 |
|
350B Saybrook Lane |
2 |
1.0 |
$105,000 |
238 |
02/25/2013 |
|
1138 Putnam Blvd |
2 |
2.5 |
$175,000 |
126 |
02/25/2013 |
* DOM = Days On Market
These 9 Wallingford PA homes were on the market an average of 97 days, with the average sold price representing 88.05% of the original asking price, and 94.5% of the last asking price.
Financing Methods
– Conventional Mortgage – 7 transactions
– Cash – 1 transaction
– Other – 1 transaction
A Seller Assist was utilized in 4 of the 9 Wallingford PA homes sold in February 2013.
– 305 Dogwood Lane – $3,000
– 206 Sycamore Lane – $11,000
– 920 Truepenny Lane – $15,000
– 219 West Country Club Lane – $5,000
No foreclosure or short sales were reported.
Total Wallingford February 2012 Activity vs February 2013
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2012 | 9 | $242,778 | 190 | 84.08% | 96.52% |
| 2013 | 9 | $446,433 | 97 | 88.05% | 94.50% |
| 0.0% | 83.9% | -48.9% | 4.05% | 2.02% |
Wallingford PA Single Homes – February 2013 – 7 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $533,986 | $385,000 | $357,500 | $750,000 | 73 |
Wallingford PA Townhouse/Condos – February 2013 – 2 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $154,450 | $140,000 | $105,000 | $175,000 | 182 |
WALLINGFORD PA LISTING PRICE TRACK – FEBRUARY 2013
Listing Price History – Febuary 2013 – All Listings
In March there are 6 homes scheduled to settle, 7 in April, and 1 on the books for May at this time.
Wallingford PA Real Estate – Wallingford, PA 19086
