Archives for February 2016

Wallingford Market Featured In The Inquirer’s Real Estate Section

February 29, 2016 by admin

2015 – A Record Year For Wallingford

The Wallingford market is the topic of the discussion in the Inquirer’s Sunday February 28, 2016 Real Estate Section’s On The House with Al Heavens.

I was asked by the Inquirer to provide some data and comments regarding the state of the market in light of a Realtor.com describing the 2015 market as the best year in terms of home sales since the final boom year of 2006.

So how is the Wallingford Market? Read the Inquirer article to find out – A ‘Carfax For Homes’; Wallingford’s Steady Growth.

Wallingford PA Real Estate – Wallingford, PA 19086

Frank Lloyd Wright’s Taliesin West

February 25, 2016 by admin

Taliesin West Front Façade

Taliesin West on the southern slope of the McDowell Mountains overlooking Paradise Valley and Scottsdale, AZ was the winter home of Frank Lloyd Wright from 1937 until 1959. This architectural masterpiece blends into the desert landscape through Wright’s use of local material and low profile design.

Design Studio – Home To The Frank Lloyd Wright School Of Architecture

Frank Lloyd Wright’s Office

Living Room At Taliesin West

Living Room With Wright Designed Furniture

The Architect’s Bedroom

Water Feature At Entrance

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 15, 2016 To February 21, 2016

February 24, 2016 by admin

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

There are 75 homes listed for sale in Wallingford PA and Nether Providence Township on February 24, 2016 with an average asking price of $315,788.

According to Ellie Mae’s latest Origination Insight Report, the average time to close a loan increased to 50 total days in January, which is up four days from when TRID went into effect in October. Ellie Mae is a company that processes almost a quarter of all U.S. mortgage applications.

The time to close a loan was up to 50 days in January 2016 an increase of 10 days over last year.

The average time to close a loan has grown steadily since TRID went into effect, climbing from 46 days in October to 49 days in November and December and now to 50 days.

According to Ellie Mae’s report, the average time to close a purchase loan rose one day from December’s total to 51 days in January, while the average time to close a refinance also increased one day from 47 to 48 days.

Wallingford Market Snapshot – 75 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$315,788	$315,000	$49,900	$809,900	142

Single/Twin Market Snapshot – 48 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$389,969	$374,950	$49,900	$809,900	157

Townhouse/Condo Market Snapshot – 27 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$183,911	$169,900	$69,900	$425,000	117

*DOM = Days On Market

2 Wallingford PA homes went under contract

6 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

Wallingford Homes Sold February 15, 2016 To February 21, 2016
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
309 Beatty Road	4	2.1	$273,300	02/17/16	7
Average			$273,300		7

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Community Spotlight – Putnam Village Townhomes

February 15, 2016 by admin

Putnam Village Townhomes

Putnam Village is a Wallingford community of 124 townhomes consisting of 2 and 3 bedroom homes located on Putnam Boulevard. The complex has 79 two bedroom townhomes and 45 three bedroom townhomes. Putnam Village was built between the years of 1977 and 1979.

Putnam Village homes are clustered into 6 sections.

Section 901 – 959 – 30 townhomes (adjacent to the community pool)

Section 961 – 999 – 20 townhomes

Section 1001 – 1031 – 16 townhomes

Section 1033 – 1063 – 16 townhomes

Section 1101 – 1155 – 28 townhomes.

Section 1157 – 1183 – 14 townhomes (adjacent to Brookhaven Road)

The monthly association fee for 2021 is $318. Community amenities include a community pool and a clubhouse. The monthly fee includes ground maintenance, common area maintenance, exterior maintenance, snow and trash removal, water, and swimming pool under the management of Asset Pro Management.

Putnam Village Pool

The 2 bedroom units average 1,510 square feet and the 3 bedroom units average 1,743 square feet. Taxes for the tax year 2020 averaged $5,500 for 2 bedroom units and $6,525 for 3 bedroom units.

Elementary school students residing in Putnam Village attend the nearby Nether Providence Elementary School.

Additional information regarding Putnam Village can be found at the Putnam Village website.

**Putnam Village Sales 2024**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1023 Putnam Blvd	2	2.1	$305,000	01/08/24	11
995 Putnam Blvd	2	2.1	$282,122	01/12/24	6
AVERAGE			$293,561		9

*DOM = Days On Market

**Putnam Village Sales 2023**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
959 Putnam Blvd	3	2.1	$305,000	05/12/23	6
945 Putnam Blvd	3	2.1	$345,000	10/10/23	2
1179 Putnam Blvd	2	2.1	$242,499	11/09/23	8
AVERAGE			$297,499		5

*DOM = Days On Market

**Putnam Village Sales 2022**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1057 Putnam Blvd	2	2.1	$165,000	01/18/22	5
1141 Putnam Blvd	3	2.1	$285,000	02/04/22	45
961 Putnam Blvd	3	3.1	$315,000	03/18/22	15
991 Putnam Blvd	2	2.1	$230,000	04/15/22	3
925 Putnam Blvd	4	2.2	$290,000	06/29/22	12
1063 Putnam Blvd	3	2.1	$290,000	07/29/22	31
983 Putnam Blvd	3	2.1	$300,000	08/30/22	9
901 Putnam Blvd	3	2.1	$320,000	11/18/22	6
1044 Putnam Blvd	2	2.1	$296,000	11/29/22	6
1167 Putnam Blvd	3	2.1	$318,000	11/30/22	5
AVERAGE			$280,900		14

*DOM = Days On Market

**Putnam Village Sales 2021**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
907 Putnam Blvd	2	2.1	$225,000	03/31/21	5
981 Putnam Blvd	3	2.1	$232,000	04/01/21	5
993 Putnam Blvd	2	2.1	$240,000	06/25/21	4
1049 Putnam Blvd	3	2.2	$310,000	08/18/21	6
1007 Putnam Blvd	2	2.1	$219,900	08/25/21	9
1007 Putnam Blvd	2	2.1	$228,000	10/15/21	11
1009 Putnam Blvd	2	2.1	$232,900	11/19/21	9
AVERAGE			$240,986		7

*DOM = Days On Market

**Putnam Village Sales 2020**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1027 Putnam Blvd	2	2.1	$209,000	08/14/19	18
1183 Putnam Blvd	3	2.1	$245,000	08/14/19	6
1169 Putnam Blvd	3	2.1	$235,000	08/28/19	6
AVERAGE			$229,667		10

*DOM = Days On Market

**Putnam Village Sales 2019**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
937 Putnam Blvd	2	2.1	$175,000	03/11/19	31
1133 Putnam Blvd	2	3.1	$172,500	03/13/19	118
991 Putnam Blvd	2	2.1	$171,000	04/03/19	33
989 Putnam Blvd	2	2.1	$204,500	10/14/19	5
AVERAGE			$180,750		47

*DOM = Days On Market

**Putnam Village Sales 2018**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1137 Putnam Blvd	2	3.1	$200,000	05/01/18	43
985 Putnam Blvd	3	2.1	$205,000	06/19/18	5
961 Putnam Blvd	3	2.2	$174,800	06/22/18	296
1027 Putnam Blvd	3	2.1	$185,000	09/19/18	322
1009 Putnam Blvd	2	2.1	$174,900	11/16/18	135
979 Putnam Blvd	2	2.1	$175,000	11/27/18	63
1001 Putnam Blvd	3	2.1	$180,000	11/28/18	21
AVERAGE			$184,957		82

*DOM = Days On Market

**Putnam Village Sales 2017**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
981 Putnam Blvd	2	2.1	$154,000	01/27/17	80
1111 Putnam Blvd	3	3.1	$199,000	04/06/17	6
1049 Putnam Blvd	3	2.1	$150,000	05/17/17	12
1049 Putnam Blvd	3	2.1	$219,000	09/25/17	31
1350 Putnam Blvd	2	2.1	$157,000	10/27/17	323
997 Putnam Blvd	3	2.1	$130,250	10/27/17	9
915 Putnam Blvd	3	2.1	$183,000	11/07/17	87
AVERAGE			$162,607		33

*DOM = Days On Market

**Putnam Village Sales 2016**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
985 Putnam Blvd	3	2.1	$203,000	01/29/16	142
963 Putnam Blvd	2	2.1	$175,000	05/20/16	137
1117 Putnam Blvd	2	2.1	$175,000	06/27/16	64
931 Putnam Blvd	2	2.1	$170,000	07/29/16	90
1013 Putnam Blvd	3	3.1	$215,000	09/16/16	42
1107 Putnam Blvd	2	2.1	$174,000	10/28/16	132
993 Putnam Blvd	2	2.1	$150,000	12/09/16	155
AVERAGE			$178,857		109

*DOM = Days On Market

**Putnam Village Sales 2015**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
959 Putnam Blvd	3	2.1	$189,500	03/31/15	40
1029 Putnam Blvd	2	2.1	$185,000	04/29/15	259
929 Putnam Blvd	3	2.1	$203,000	05/15/15	104
1047 Putnam Blvd	3	2.1	$204,500	05/22/15	65
1001 Putnam Blvd	3	2.1	$181,000	06/30/15	95
971 Putnam Blvd	3	2.1	$209,000	07/15/15	42
1015 Putnam Blvd	3	2.1	$192,000	12/04/15	6
AVERAGE			$194,857		87

*DOM = Days On Market

**Putnam Village Sales 2014**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1015 Putnam Blvd	3	2.1	$197,500	01/10/14	29
1149 Putnam Blvd	2	2.1	$155,000	02/14/14	183
983 Putnam Blvd	3	2.1	$209,500	03/14/14	16
925 Putnam Blvd	3	2.2	$189,000	04/30/14	36
1045 Putnam Blvd	3	2.1	$190,000	05/29/14	33
1123 Putnam Blvd	2	2.1	$190,000	06/19/14	93
AVERAGE			$188,500		65

*DOM = Days On Market

**Putnam Village Sales 2013**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
989 Putnam Blvd	2	2.1	$180,000	06/07/13	16
907 Putnam Blvd	2	2.1	$173,000	06/25/13	170
939 Putnam Blvd	2	2.1	$183,000	06/28/13	115
1043 Putnam Blvd	2	2.1	$190,000	09/30/13	15
AVERAGE			$181,500		79

*DOM = Days On Market

**Putnam Village Sales 2012**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1059 Putnam Blvd	2	2.1	$153,500	04/10/12	485
1115 Putnam Blvd	2	2.1	$156,000	05/15/12	254
1109 Putnam Blvd	3	2.1	$210,000	06/29/12	1
1019 Putnam Blvd	2	2.1	$178,000	08/15/12	4
1175 Putnam Blvd	2	2.1	$153,000	10/17/12	154
969 Putnam Blvd	2	2.1	$137,000	11/09/12	36
1027 Putnam Blvd	2	2.1	$170,000	11/30/12	64
AVERAGE			$163,357		143

*DOM = Days On Market

**Putnam Village Sales 2011**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1013 Putnam Blvd	3	3.1	$189,900	04/29/11	2
1113 Putnam Blvd	3	2.1	$205,000	07/13/11	42
999 Putnam Blvd	3	2.1	$209,000	09/26/11	83
901 Putnam Blvd	3	2.1	$195,000	10/26/11	258
AVERAGE			$199,725		96

*DOM = Days On Market

**Putnam Village Sales 2010**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
945 Putnam Blvd	3	2.1	$230,000	03/04/10	39
1165 Putnam Blvd	2	2.1	$190,000	03/26/10	47
1041 Putnam Blvd	2	2.1	$203,000	08/26/10	108
AVERAGE			$207,667		65

*DOM = Days On Market

Wallingford Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 8, 2016 To February 14, 2016

February 15, 2016 by admin

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

There are 68 homes listed for sale in Wallingford PA and Nether Providence Township on February 15, 2016 with an average asking price of $315,085.

Looks like we are headed for an inventory shortage. Last year at this time there were 81 homes listed for sale in Wallingford, this week there are 68 – a 16% decrease – the lowest inventory level we have seen in quite some time.

Wallingford Market Snapshot – 68 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$315,085	$317,450	$69,900	$785,000	154

Single/Twin Market Snapshot – 43 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$399,072	$379,072	$79,700	$785,000	176

Townhouse/Condo Market Snapshot – 25 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$170,628	$164,900	$69,900	$399,900	117

*DOM = Days On Market

4 Wallingford PA homes went under contract

1 new listing came onto the market

No listings expired

No listings were withdrawn from the market

20 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold February 8, 2016 To February 14, 2016
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1000 Putnam Blvd #403	2	2.0	$172,500	02/08/16	249
606 Creekside Road	4	3.1	$348,500	02/10/16	20
221 W Rose Valley Road	4	2.0	$375,000	02/12/16	5
Average			$298,667		91

2 homes sold with a Seller Assist:

– 606 Creekside Road – $10,000

– 221 W Rose Valley Road – $15,000

Wallingford PA Real Estate – Wallingford, PA 19086

Archives for February 2016

S. Clark Kendus