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 October 27, 2015 with an average asking price of $354,603.
The National Association Of Realtors (NAR) recently released the results of their eleventh Housing Pulse Surveys, which showed 85% of Americans think purchasing a home is a good financial decision, with 73% “strongly” agreeing.
However, concern about housing costs still exist, but are improving. Of those surveyed, 76% say they do not make enough income to make housing affordable, despite a full-time job. Meanwhile, 59% are concerned about high rental prices, and 49% are concerned about high prices for homes in their area.
A strong majority, 68%, believe that it is now is a good time to buy a home. With rents continuing to rise, many renters are feeling the financial strain on their budget. Of millenials, 65% are concerned about the high cost of rent on their budget.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $354,603 | $339,745 | $85,000 | $839,000 | 125 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $408,242 | $373,750 | $91,000 | $839,000 | 134 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $193,686 | $179,900 | $85,000 | $399,900 | 100 |
*DOM = Days On Market
3 Wallingford PA homes went under contract
3 new listings came onto the market
No listings expired
No listings were withdrawn from the market
21 homes are Under Contract at this time
1 Wallingford PA home sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 420 Oak Valley Road | 4 | 2.0 | $422,000 | 10/23/15 | 4 |
| AVERAGE | $422,000 | 4 |
*DOM = Days On Market
420 Oak Valley Road sold with a $1,200 Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
