The first quarter of 2013 in Wallingford PA saw a total of 26 homes sold, which matches the sales total for the first quarter of 2012. However there was a marked increase in the average price this year. The average sales price jumped to $356,052, which is a $133,650 increase over last year’s average price.
2012 saw 6 of 26 homes selling during the quarter settling for under $100,000, which accounts for much of that jump in average price. yrar over year. This year the lowest priced home sold for $105,00, and there was a decent amount of upper end activity contributing to the increase.
It took a shorter time to sell a home this year, 41 days less on average that last year when Days On Market averaged 182.
From a pricing standpoint the average home sold during the quarter averaged 90.01% of the original asking price – it stood at 82.34% last year. While this indicates a closer alignment of initial asking prices to what buyers are offering, there is room for improvement. Of all the homes sold during the quarter 24 of the 26 listings had at least one price reduction prior to selling, only 2 sold for the initial list price.
It continues to be all about the price!
1st Quarter 2013 Wallingford PA Sales By Category
The 300K To 400K Price Range Saw The Most Acitivty During The First Quarter
WALLINGFORD PA 1ST QUARTER 2013 VS 1ST QUARTER 2012
|
SALES |
AVERAGE |
DOM |
STL TO ORIG |
STL TO LAST |
|
|
2012 |
26 |
$222,402 |
182 |
82.34% |
92.91% |
|
2013 |
26 |
$356,052 |
141 |
90.01% |
95.62% |
|
0.00% |
60.0% |
-23.0% |
7.67% |
2.71% |
Wallingford PA Single Homes Sold First Quarter 2013 – 20 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $402,122 | $382,000 | $190,000 | $750,000 | 137 |
Wallingford PA Townhouses Sold First Quarter 2013 – 4 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $238,725 | $222,450 | $160,000 | $350,000 | 99 |
Wallingford PA Condos Sold First Quarter 2013 – 2 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $130,000 | $130,000 | $105,000 | $155,000 | 272 |
WALLINGFORD PA FIRST QUARTER 2013 SALE PRICE HISTORY
There Was A Wide Variaiton In Prices During The 1st Quarter
Wallingford PA Real Estate – Wallingford, PA 19086
