The 4th quarter of 2014 in Wallingford PA saw a total of 33 homes sold coming in 6 short of last year’s total of 39 representing a 18.2% decrease in units. The average sales price decreased slightly to $297,318 from last year where it stood at $298,526. The closing quarter of the year marks the only quarter of 2014 where both average price and closed units did not surpass the previous year.
On average it took longer to sell a home during the months of October thru December, 29 days more then last year when Days On Market averaged 87 which represents a 34.1% increase.
The pattern of sales during the quarter was atypical, with December recording the most closed sales with 14, followed by November with 10, and October with 9 sales. December was quite a busy month with 14 sales, the busiest December tied with last year as the best final month since 2005.
As the year 2014 comes to a end units for the year are significantly better than last year. In 2014 there were 208 Wallingford PA homes sold compared to 190 homes sold in 2013 which represents a 9.5% gain in units.
THE YEAR 2014 BY QUARTER
|
QUARTER |
SALES |
AVG PRICE |
+/- FROM 2013 |
|
1 |
39 |
$240,010 |
-30.93% |
|
2 |
75 |
$307,777 |
-2.16% |
|
3 |
61 |
$334,055 |
+7.90% |
|
4 |
33 |
$297,318 |
-0.004% |
WALLINGFORD PA 4TH QUARTER 2014 VS 4TH QUARTER 2013
|
SALES |
AVERAGE |
DOM |
STL TO ORIG |
STL TO LAST |
|
|
2013 |
39 |
$298,526 |
85 |
92.31% |
95.99% |
|
2014 |
33 |
$297,318 |
114 |
88.35% |
94.29% |
|
-18.2% |
-0.004% |
34.1% |
-3.96% |
-1.70% |
WALLINGFORD PA 4TH QUARTER 2014 SALES BY PRICE RANGE
|
RANGE |
SALES |
|
< 100K |
4 |
|
100K – 200K |
8 |
|
200K – 300K |
4 |
|
300K – 400K |
9 |
|
400K – 500K |
3 |
|
500K – 600K |
3 |
|
600K – 700K |
1 |
|
700K – 800K |
1 |
Wallingford PA Single Homes Sold 4th Quarter 2014- 22 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $357,977 | $349,500 | $86,000 | $760,000 | 138 |
Wallingford PA Townhouses Sold 4th Quarter 2014 – 5 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $284,200 | $205,000 | $153,500 | $448,000 | 88 |
Wallingford PA Condos Sold 4th Quarter 2014 -3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $113,000 | $110,000 | $87,000 | $142,000 | 46 |
Wallingford PA Twins Sold 4th Quarter 2014 -3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $102,667 | $86,000 | $65,000 | $157,000 | 51 |
WALLINGFORD PA 4TH QUARTER 2014 MONTHLY SELLING PRICES
November prices spiked with 7 of 10 sales topping the then Wallingford average selling price of $302,744 by 44.1%, with those 7 homes selling for an average price of $436,375, including the $760,00 sale of 10 Kershaw Road on November 3, 2014.
Wallingford PA Real Estate – Wallingford, PA 19086
