Archives for July 2015

New Listing – Swarthmore, PA – 506 Ogden Avenue – 5 Bed 3.5 Baths

July 29, 2015 by admin

Welcome To 506 Ogden Avenue – Swarthmore PA

506 Ogden Avenue – Swarthmore, PA 19081

OPEN HOUSE – Sunday August 2, 2015 From 1 To 3

This home has been completely rehabbed from top to bottom. Featuring 5 bedrooms and 3.5 baths and over 3,000 square feet of living space this home offers all the conveniences of contemporary living and design while preserving the home’s original architectural style. Renovations include new stucco exterior, new windows, new roof and gutters, new 200 AMP electrical service and wiring, new plumbing, new hardwood floor throughout the main level, new exterior doors, new 1 car attached garage, new insulation, and new drywall. The lush front yard has new sod and plantings and a paved walkway with circular courtyard that leads to the front entrance.

Wallingford PA Real Estate - Wallingford PA - 506 Ogden Ave - Swarthmore PA - Kitchen Island

Gourmet Kitchen With Island

The main level features a family room with a restored fireplace, powder room, and exit to the back yard. The kitchen is a chef’s dream with Shenandoah self closing cabinets and drawers, granite countertops, natural tile backsplash, center island with pendant lighting, convection and microwave ovens, and gas cook top.

Great Room With Coffered Ceiling Leads To The Screened In Porch

Great Room Leading To The Screened In Porch

Step down from the kitchen and enter the great room that has a coffered ceiling and French doors leading to a screened in porch that overlooks the backyard with a privacy wall.

Master Bedroom With Window Alcove

The spacious master bedroom has an attached bath with a bathtub and shower, vanity with dual sinks and mirrors and a walk in closet. A door leads to a private balcony overlooking the backyard.

View Of Home From The Backyard

If you have any questions or would like to schedule a visit to this fine home click here to contact me.

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 20, 2015 To July 26, 2015

July 28, 2015 by admin

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 89 homes listed for sale in Wallingford PA and Nether Providence Township on July 28, 2015.

Existing homes sales for June reported in at an annualized pace of 5.49 million, up 3.2% from May. existing home sales are up 9.6% year over year. Median home price was reported at $236,400, up 6.5% year over year, which establisshes a new historical high.

Wallingford Market Snapshot – 89 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$338,034	$299,900	$88,749	$869,900	113

Single/Twin Market Snapshot – 71 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$372,067	$349,900	$97,000	$869,900	112

Townhouse/Condo Market Snapshot – 18 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$179,869	$183,500	$89,749	$299,900	122

*DOM = Days On Market

4 Wallingford PA homes went under contract

4 new listings came onto the market

No listings expired

No listings were withdrawn from the market

23 homes are Under Contract at this time

1 Wallingford PA home sold

Wallingford Homes Sold July 20, 2015 To July 26, 2015
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
611 Scott Lane	3	2.0	$375,000	07/21/15	225
AVERAGE			$375,000		225

*DOM = Days On Market

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Why Not All Contracts Close

July 28, 2015 by admin

Realtors were asked the question – how many pending sales actually go to closing? The answer is “almost all” with only 7% to 8% of contracts terminating.

An increasing problem is contracts that where closing is delayed. Mortgage processing is the primary cause for delays. There is no such thing as a guaranteed settlement date, and it is wise to make plans in case such a delay occurs.

– 63% of contracts are reported as settling on time
– 29% of contracts are delayed, but eventually go to settlement
– Seven to eight percent of contracts do not close—i.e., they are terminated. Generally the potential buyer moves on to another purchasing opportunity

The top 3 reasons why a contract does not close are – financing, issues, appraisal issues, and home inspection issues.

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 13, 2015 To July 19, 2015

July 21, 2015 by admin

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 88 homes listed for sale in Wallingford PA and Nether Providence Township on July 21, 2015.

Nationwide, the number of all-cash sales making up transactions has plummeted since peaking in January 2011 when cash transactions made up 46.5% of total home sales nationally. Now, that percentage has dropped to 33.7% of total home sales, according to CoreLogic’s cash sales report.

The year-over-year share of cash sales has fallen each month since January 2013.

Despite the declines, cash sales still remain elevated by historical standards. Prior to the housing crisis, cash sales made up about 25% of home sales, according to CoreLogic. If cash sales continue to fall at the most recent pace, the share should hit 25% by mid-2017.

Following the nationwide trend of declining cash purchases, cash sales accounted for 21.8% of home sales in Wallingford during the first 6 months of 2015, down from 28.8% of sales for the calendar year 2014.

Wallingford Market Snapshot – 87 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$342,383	$310,000	$88,749	$869,900	110

Single/Twin Market Snapshot – 70 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$380,923	$349,995	$97,000	$869,900	107

Townhouse/Condo Market Snapshot – 17 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$183,691	$185,000	$89,749	$299,900	121

*DOM = Days On Market

4 Wallingford PA homes went under contract

4 new listings came onto the market

No listings expired

No listings were withdrawn from the market

23 homes are Under Contract at this time

12 Wallingford PA homes sold

Wallingford Homes Sold July 13, 2015 To July 19, 2015
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
201 Cooper Drive	5	2.1	$327,000	07/14/15	28
603 Georgetown Road	4	2.1	$365,000	07/15/15	371
206 Dogwood Lane	5	3.1	$320,000	07/15/15	15
201 Copples Lane	4	2.1	$399,500	07/15/15	6
971 Putnam Blvd	3	2.1	$209,000	07/15/15	42
331 Callender Lane	4	2.0	$369,450	07/15/15	8
611 Vernon Street	3	1.0	$101,000	07/16/15	136
116 S Providence Road	7	4.1	$582,500	07/16/15	100
206 Woodward Road	5	2.1	$515,000	07/16/15	8
206 Ash Road	2	1.0	$200,000	07/16/15	4
918 Truepenny Road	5	3.1	$430,000	07/17/15	99
207 Fox Lane	5	2.1	$595,000	07/17/15	6
AVERAGE			$367,788		70

*DOM = Days On Market

4 homes sold with a Seller Assist:

– 971 Putnam Blvd – $5,000

– 116 S Providence Road – $2,000

– 206 Woodward Road – $5,000

– 918 Truepenny Road – $5,000

Wallingford PA Real Estate – Wallingford, PA 19086

New Listing – 801 Yale Avenue -#705 – Swarthmore PA – 2 Bed 2 Bath Condo

July 20, 2015 by admin

Strath Haven Condominiums – Swarthmore PA

801 Yale Avenue – Unit 705 – Swarthmore, PA 19081

This 7th floor 2 bedroom 2 bath unit features great views of the meadow and woods from the private balcony and living room and is filled with natural light. Updated kitchen with white cabinets, gas range and stove, dishwasher, garbage disposal, and wood laminate flooring which also continue into the dining room and living room with crown molding. The large master bedroom has two closets and an attached master bath with a stall shower. There is also a second bedroom, a hall bath with tub and shower, linen closet, a laundry room with a brand new washer and dryer and additional storage. A storage unit located on the 2nd floor is also included. Unit 705 is conveniently located just a short walk to the elevator lobby. The 3 HVAC units have been updated and have individual temperature controls. The association fee covers all utilities, building maintenance, pool and community center. Enjoy all the amenities that the Strath Haven condos offer – a large swimming pool and cabana, a hobby workroom, a well-stocked free lending library, a card room, and a meeting room. The shops and restaurants of the Village of Swarthmore and the campus of Swarthmore College are only a short walk away. Complimentary van service runs every weekday to the SEPTA station in town for both morning and evening commuter trains, and daily shopping trips to Swarthmore, Springfield and Media. Enjoy maintenance free living in a great location.

Updated Kitchen

Great View Of The Woods And Meadow From The Balcony

Living Room with Laminate Flooring Gets Plenty Of Natural Light

Balcony View Right – No Neighboring Balconies!

Wallingford PA Real Estate – Wallingford, PA 19086

Archives for July 2015

506 Ogden Avenue – Swarthmore, PA 19081

OPEN HOUSE – Sunday August 2, 2015 From 1 To 3

801 Yale Avenue – Unit 705 – Swarthmore, PA 19081

S. Clark Kendus