September 2014 halts the streak of 8 straight months where Wallingford PA sales have exceeded the same month of 2013. The average selling price for September 2014 saw an decrease of 3.3% over last year to $316,315. Closed sales fell by 7 homes – a 35% drop – in September, falling to 13, down from 20 homes last year. September joins 7 other months this year where the average selling price has failed to better last year’s figures.
There were 8 single detached family homes sold with an average selling price of $316,615. This core category registered a decrease of 8.0% compared to September 2013 when the average selling price for 18 single family homes sold was $344,178.
The 89.43% settled to original price ratio in September indicates there was a lot of price cutting for homes sold during the month. Last year the ratio was 6.39% higher meaning sellers received 95.82% of original asking price on average.
There were 13 homes that went under contract during the month.
WALLINGFORD PA HOMES SOLD – SEPTEMBER 2014
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
210 Highland Avenue |
5 |
3.1 |
$500,000 |
113 |
09/10/14 |
|
100 Townsend Terrace |
4 |
2.0 |
$425,000 |
36 |
09/10/14 |
|
512 W Brookhaven Road |
4 |
2.1 |
$305,000 |
10 |
09/15/14 |
|
215 N Providence Road |
5 |
2.1 |
$485,000 |
38 |
09/16/14 |
|
613 Niblick Lane |
2 |
2.1 |
$280,000 |
47 |
09/18/14 |
|
308 Media Parkway |
3 |
1.1 |
$142,000 |
33 |
09/19/14 |
|
904 Penn Valley Road |
4 |
3.0 |
$528,000 |
95 |
09/19/14 |
|
128 Dundee Mills Lane |
3 |
2.1 |
$399,000 |
163 |
09/22/14 |
|
705 Salem Court |
2 |
1.0 |
$100,000 |
11 |
09/25/14 |
|
26 Mallard Mill Run |
3 |
3.1 |
$270,000 |
64 |
09/26/14 |
|
120 Turner Road |
3 |
2.1 |
$522,500 |
92 |
09/26/14 |
|
600 Wallingford Avenue |
4 |
2.0 |
$42,000 |
223 |
09/26/14 |
|
730A Putnam Blvd |
2 |
1.0 |
$117,500 |
6 |
09/30/14 |
* DOM = Days On Market
2 of the 13 Wallingford PA homes sold in September 2014 had a Seller Assist:
– 100 Townsend Terrace – $500
– 613 Niblick Lane – $1,500
Financing Methods
– Cash – 7 transactions
– Conventional Mortgage -6 transactions
There was 1 reported distressed sale this month:
600 Wallingford Avenue was a Bank Owned Foreclosure
Wallingford PA Single Homes Sold September 2014 – 8 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $316,615 | $305,000 | $42,000 | $528,000 | 72 |
Wallingford PA Twins Sold September 2014 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $100,000 | $100,000 | $100,000 | $100,000 | 11 |
Wallingford PA Condos Sold September 2014 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $117,500 | $117,500 | $117,500 | $117,500 | 6 |
Wallingford PA Townhouses Sold September 2014 – 3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $316,333 | $280,000 | $270,000 | $399,000 | 91 |
WALLINGFORD PA – SEPTEMBER 2013 VS SEPTEMBER 2014
|
SALES |
AVERAGE |
DOM* |
STL TO ORIG |
STL TO LAST |
|
|
2013 |
20 |
$327,010 |
86 |
95.82% |
97.12% |
|
2014 |
13 |
$316,315 |
72 |
89.43% |
93.71% |
|
-35.0% |
-3.3% |
-16.3% |
-6.39% |
-3.41% |
* DOM = Days On Market
Looking ahead to upcoming activity, there are 13 homes Pending with 10 scheduled to settle in October, 2 in November, and 1 in December.
Wallingford PA Real Estate – Wallingford, PA 19086
