T Shirt Memorial To The Lost – Remembering The 144 Victims Of Gun Violence In Delaware County From 2009 – 2014 At Ohev Shalom Synagogue
August continues the streak of 8 straight months where sales have exceeded the same month of 2013. The average selling price for August 2014 saw an increase of 28.9% over last year to $393,598. Closed sales rose 13% in August, increasing to 26, up from 23 last year. August represents only the second month in 2014, along with May, where the average selling price has bettered it’s counterpart of last year.
There were 23 single detached family homes sold with an average selling price of $415,550. This core category registered a leap of 18.0% compared to July 2013 when the average selling price for single family homes was $352,111.
There was an unusual amount of activity in homes priced at $400,000 and up, which accounts for the big movement in average price. There were 11 $400K plus homes sold in August with an average selling price of $573,045. Looking back at 2013 this $400K plus price rage accounting for 20.6% of all Nether Providence Twp sales, in August the category soared to 11 of 26 sales representing 42.3% of sales.
The higher price range also sold very quickly with the 11 homes averaging only 31 days on the market which is quite remarkable. Six homes were under contract in less than 14 days! These 11 homes also garnered 98.9% of original asking price, with 4 selling for over asking price.
The overall market averaged a respectable 75 Days On Market which is 33.0% quicker than last year. The effect of quicker sales is reflected in the healthy increases in the settled price to original price and settled price to last listing price ratios of 97.03% and 94.92% respectively.
There were 6 homes that went under contract during the month.
WALLINGFORD PA HOMES SOLD – AUGUST 2014
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
601 Rockbourne Mills Ct |
3 |
2.1 |
$376,900 |
491 |
08/01/14 |
|
222 Moylan Avenue |
7 |
2.1 |
$800,000 |
4 |
08/01/14 |
|
202 Knoll Road |
5 |
2.1 |
$480,000 |
4 |
08/04/14 |
|
225 Canterbury Drive |
3 |
1.1 |
$276,000 |
6 |
08/06/14 |
|
201 W Country Club Drive |
5 |
3.1 |
$800,000 |
17 |
08/07/14 |
|
811 Meredith Drive |
4 |
3.0 |
$547,000 |
25 |
08/08/14 |
|
2 Copples Lane |
5 |
2.1 |
$355,000 |
276 |
08/13/14 |
|
201 Woodward Road |
5 |
3.1 |
$626,000 |
13 |
08/14/14 |
|
811 Pine Road |
3 |
2.0 |
$173,000 |
55 |
08/18/14 |
|
200 Cricket Lane |
5 |
2.1 |
$480,000 |
5 |
08/18/14 |
|
917 Truepenny Road |
3 |
2.1 |
$423,000 |
4 |
08/18/14 |
|
503 Oakcrest Lane |
5 |
2.0 |
$365,000 |
7 |
08/19/14 |
|
303 Somerset Place |
3 |
2.1 |
$316,000 |
13 |
08/21/14 |
|
119 Maple Road |
3 |
1.0 |
$164,900 |
88 |
08/22/14 |
|
700 Avondale Road #3C |
2 |
2.2 |
$80,000 |
48 |
08/22/14 |
|
718 W Brookhaven Road |
3 |
1.0 |
$100,000 |
124 |
08/22/14 |
|
114 Michaels Lane |
3 |
1.1 |
$250,000 |
246 |
08/25/14 |
|
611 Pine Ridge Road |
4 |
3.0 |
$450,000 |
7 |
08/25/14 |
|
607 E Wiltshire Drive |
3 |
2.1 |
$219,000 |
136 |
08/25/14 |
|
608 W Brookhaven Road |
4 |
2.1 |
$270,000 |
22 |
08/25/14 |
|
35 Waterford Way |
4 |
2.1 |
$437,500 |
21 |
08/27/14 |
|
327 Callender Lane |
4 |
2.0 |
$372,350 |
72 |
08/27/14 |
|
201 Westbury Road |
4 |
3.1 |
$715,000 |
100 |
08/27/14 |
|
809 S Providence Road |
3 |
2.1 |
$237,000 |
17 |
08/27/14 |
|
319 Prichard Lane |
5 |
3.1 |
$374,900 |
9 |
08/27/14 |
|
202 Pembroke Road |
5 |
4.1 |
$545,000 |
140 |
08/28/14 |
* DOM = Days On Market
12 of the 26 Wallingford PA homes sold in August 2014 had a Seller Assist:
– 222 Moylan Avenue – $10,000
– 2 Copples Lane – $3,900
– 201 Woodward Road – $6,500
– 811 Pine Road – $6,920
– 200 Cricket Lane – $2,200
– 503 Oakcrest Lane – $3,000
– 119 Maple Road – $6,900
– 607 E Wiltshire Road – $9,000
– 608 W Brookhaven Road – $8,100
– 327 Callender Lane – $13,171
– 809 S Providence Road – $7,000
– 319 Prichard Place – $11,000
Financing Methods
– Conventional Mortgage -20 transactions
– Cash -4 transactions
– FHA – 2 transactions
There was 1 reported distressed sale this month:
700 Avondale Road #3C was a Bank Owned Foreclosure
Wallingford PA Single Homes Sold August 2014 – 23 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $415,550 | $374,900 | $100,000 | $800,000 | 55 |
Wallingford PA Twins Sold August 2014 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $219,900 | $219,900 | $219,900 | $219,900 | 136 |
Wallingford PA Condos Sold August 2014 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $80,000 | $80,000 | $80,000 | $80,000 | 48 |
Wallingford PA Townhouses Sold August 2014 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $80,000 | $80,000 | $80,000 | $80,000 | 48 |
WALLINGFORD PA – AUGUST 2013 VS AUGUST 2014
|
SALES |
AVERAGE |
DOM* |
STL TO ORIG |
STL TO LAST |
|
|
2013 |
23 |
$305,326 |
112 |
90.78% |
95.96% |
|
2014 |
26 |
$393,598 |
75 |
94.92% |
97.03% |
|
13.0% |
28.9% |
-33.0% |
4.14% |
1.07% |
* DOM = Days On Market
Looking ahead to upcoming activity, there are 16 homes Pending with 13 scheduled to settle in September, 2 in October, and 1 in November.
Wallingford PA Real Estate – Wallingford, PA 19086
