Archives for March 2016

Wallingford PA Real Estate – March 7, 2016 To March 13, 2016

March 15, 2016 by admin

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

There are 81 homes listed for sale in Wallingford PA and Nether Providence Township on March 15, 2016 with an average asking price of $351,276.

The nation increased its number of financially secure households by a significant amount in 2015. By the end of the fourth quarter, about 46.3 million – or 91.5 % – of all properties with a mortgage had equity, according to CoreLogic’s most recent analysis, released this week.

The majority of residential properties with positive equity tend to be at the higher end of the housing market, according to CoreLogic. Ninety-five percent of homes valued at $200,000 or higher have equity, compared to 87% of homes below the $200,000 mark.

Homeowners in the San Francisco metro area had the highest percentage of positive equity at 99.3%.

Wallingford Market Snapshot – 81 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$401,290	$325,000	$43,750	$1,050,000	118

Single/Twin Market Snapshot – 58 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$412,475	$384,900	$43,750	$1,050,000	116

Townhouse/Condo Market Snapshot – 23 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$196,948	$179,900	$69,900	$425,000	111

*DOM = Days On Market

6 Wallingford PA homes went under contract

13 new listings came onto the market

1 listing expired

No listings were withdrawn from the market

31 homes are Under Contract at this time

5 Wallingford PA homes sold last week

Wallingford Homes Sold March 7, 2016 To March 13, 2016
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
909 Twyckenham Road	4	2.1	$358,700	03/07/16	5
14 Walnut Road	3	1.1	$113,000	03/08/16	249
715 Pine Ridge Road	5	3.1	$450,000	03/10/16	66
115 Cameron Drive	4	2.1	$355,000	03/10/16	8
300 Melanies Way	4	4.1	$630,000	03/11/16	253
Average			$381,430		116

2 homes sold with a Seller Assist

– 115 Cameron Drive – $2,250

– 300 Melanies Way – $25,000

14 Walnut Road was a Bank Owned Foreclosure

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 29, 2016 To March 6, 2016

March 8, 2016 by admin

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

There are 73 homes listed for sale in Wallingford PA and Nether Providence Township on March 8, 2016 with an average asking price of $343,207.

The economy is adding jobs, and that likely will bode well for the housing market in the coming months as consumers feel more confident about their earnings, economists say.

With 242,000 jobs added to the U.S. economy in February, the unemployment rate is now at 4.9%, according to new data released by the Bureau of Labor statistics. The unemployment level is now at the lowest point since May 2008

Wallingford Market Snapshot – 73 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$343,207	$329,000	$44,900	$809,900	123

Single/Twin Market Snapshot – 51 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$405,851	$389,900	$44,900	$809,900	130

Townhouse/Condo Market Snapshot – 22 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$197,986	$179,900	$69,900	$425,000	108

*DOM = Days On Market

8 Wallingford PA homes went under contract

4 new listings came onto the market

1 listing expired

2 listing was withdrawn from the market

30 homes are Under Contract at this time

5 Wallingford PA homes sold last week

Wallingford Homes Sold February 29, 2016 To March 6, 2016
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
105 Ronaldson Street	3	1.0	$136,700	02/29/16	216
104 Chestnut Parkway	4	2.0	$200,000	02/29/16	80
200 W Rose Valley Road	4	2.1	$340,000	03/01/16	84
701 Manchester Avenue	4	2.1	$130,200	03/01/16	11
719 Kincaid Mills Lane	3	2.1	$378,000	03/04/16	128
Average			$237,160		104

104 Chestnut Parkway sold with a $2,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 2016

March 4, 2016 by admin

Wallingford PA Real Estate - Wallingford PA - Wallingford Elementary School - Winter Window

Winter Themes – Wallingford Elementary School

With 8 closed transactions during February home sales in Wallingford PA fell short of last year by 3 homes. The average selling price was $210,325 – a decrease of 16.7% year over year.

Five single family homes sold for an average price of $256,360 during the month and averaged a mere 27 Days On Market. Last February 10 single family homes sold for an average price of $255,780 and spent an average of 124 Days On Market.

Two condominiums, and 1 twin also sold during the month and combined with the 5 single homes accounted for $1,682,600 of real estate changing hands during the month.

221 W Rose Valley Road had the highest selling price for the month at $375,000.

Eighteen listings went under contract during the month – 14 single family homes, 3 condos, and 1 townhome – with an average asking price of $353,833 and an average of 103 Days On Market.

There are 24 future settlements scheduled with 15 in March, 7 in April, and 2 in May.

Comparing year to date with last year the average selling price at $270,288 represents a 4.0% increase over the first two months of 2015. Closed transactions are running behind last year’s pace – 16 in 2016 vs 22 in 2015.

Wallingford PA Closed Transactions February 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
308 Beatty Road	4	2.1	$273,300	02/17/16	7
334B Saybrook Lane	2	1.0	$90,700	02/26/16	151
506 Maple Road	3	1.1	$85,000	02/26/16	22
105 Ronaldson Street	3	1.0	$137,600	02/29/16	216
104 Chestnut Parkway	4	2.0	$200,000	02/29/16	80
AVERAGE			$332,250		47

* DOM = Days On Market

4 of 8 transactions had a Seller Assist:

– 606 Creekside Road – $10,000

– 221 W Rose Valley Road – $15,000

– 334B Saybrook Lane – $2,000

– 104 Chestnut Parkway – $6,000

Financing Methods

– Conventional Mortgage – 5 transactions

– Cash – 3 transactions

308 Beatty Road was a Bank Owned Foreclosure

**WALLINGFORD SINGLE HOMES – FEBRUARY 2016 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$256,360	$273,300	$85,000	$375,000	27

**WALLINGFORD CONDOS – FEBRUARY 2016 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$131,600	$131,600	$90,700	$172,500	200

**WALLINGFORD TWINS – FEBRUARY 2016 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$137,600	$137,600	$137,600	$137,600	216

**WALLINGFORD – FEBRUARY 2015 VS FEBRUARY 2016**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2015	11	$252,441	126	86.1%	97.5%
2016	8	$210,325	94	93.8%	96.5%
	-27.3%	-16.7%	-25.4%	7.7%	1.0%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Community Spotlight – Danbury Village Condominiums

March 2, 2016 by admin

Danbury Village Condominiums

Danbury Village is a condominium community of 140 units consisting of 2 bedroom and 1 bathroom condominiums located on Putnam Boulevard off Moore Road. Danbury Village was built in 1977.

Danbury Village homes are clustered into 4 sections.

Section 700 – 738 (closest to Moore Road)

Section 740 – 774

Section 800 – 834

Section 836 – 862

The monthly association fee in 2023 is $297. Community amenities include a community pool, tennis court and a clubhouse. The monthly fee includes ground maintenance, common area maintenance, exterior maintenance, cold water, snow and trash removal, and swimming pool.

Danbury Village units have 889 square feet of interior space. Each unit has a balcony and the 1st floor units are designated as A units and the 2nd floor units are designated as B units. Each condo has a basement which typically houses the laundry facilities. Taxes for the tax year 2023 averaged $3,358.

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

View all Danbury Village Condos For Sale

**Danbury Village Sales 2023**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
708A Putnam Blvd	2	1.0	$194,500	01/17/23	49
750A Putnam Blvd	2	1.0	$200,000	03/23/23	3
770B Putnam Blvd	2	1.0	$197,500	08/07/23	3
836B Putnam Blvd	2	1.0	$211,000	11/07/23	3
718B Putnam Blvd	2	1.0	$210,000	11/29/23	4
AVERAGE			$202,600		13

*DOM = Days On Market

**Danbury Village Sales 2022**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
730B Putnam Blvd	2	1.0	$169,000	03/08/22	8
858B Putnam Blvd	2	1.0	$170,000	05/31/22	3
738B Putnam Blvd	2	1.0	$160,000	06/16/22	8
728B Putnam Blvd	2	1.0	$199,000	08/12/22	9
742A Putnam Blvd	2	1.0	$150,000	08/23/22	1
716B Putnam Blvd	2	1.0	$189,000	09/15/22	11
812B Putnam Blvd	2	1.0	$170,000	09/29/22	19
852B Putnam Blvd	2	1.1	$199,900	11/22/22	12
AVERAGE			$175,975		9

*DOM = Days On Market

**Danbury Village Sales 2021**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
860A Putnam Blvd	2	1.0	$125,500	01/11/21	4
828A Putnam Blvd	2	1.0	$134,721	01/29/21	6
828B Putnam Blvd	2	1.0	$131,721	01/29/21	6
760B Putnam Blvd	2	1.0	$115,000	03/10/21	27
700B Putnam Blvd	2	1.0	$139,900	04/15/21	5
858A Putnam Blvd	2	1.0	$145,000	06/15/21	5
730A Putnam Blvd	2	1.0	$170,000	06/23/21	7
834B Putnam Blvd	2	1.0	$140,000	07/19/21	12
722A Putnam Blvd	2	1.0	$112,500	08/11/21	13
768A Putnam Blvd	2	1.0	$137,500	09/15/21	4
738B Putnam Blvd	2	1.0	$130,000	10/05/21	9
848A Putnam Blvd	2	1.0	$165,000	10/15/21	4
AVERAGE			$135,184		9

*DOM = Days On Market

**Danbury Village Sales 2020**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
712B Putnam Blvd	2	1.0	$115,000	01/03/20	30
710A Putnam Blvd	2	1.0	$122,000	02/04/20	26
802B Putnam Blvd	2	1.0	$130,000	05/29/20	25
836A Putnam Blvd	2	1.0	$129,750	09/11/20	26
814B Putnam Blvd	2	1.0	$125,000	12/11/20	5
AVERAGE			$124,350		22

*DOM = Days On Market

**Danbury Village Sales 2019**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
840B Putnam Blvd	2	1.0	$105,000	03/28/19	14
812A Putnam Blvd	2	1.0	$129,900	04/05/19	17
836B Putnam Blvd	2	1.0	$124,900	05/16/19	3
838B Putnam Blvd	2	1.0	$124,900	07/22/19	15
AVERAGE			$121,013		12

*DOM = Days On Market

**Danbury Village Sales 2018**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
748A Putnam Blvd	2	1.0	$95,000	02/14/18	42
728B Putnam Blvd	2	1.0	$97,000	04/30/18	15
714B Putnam Blvd	2	1.0	$119,900	05/17/18	6
748A Putnam Blvd	2	1.0	$135,000	08/13/18	2
708B Putnam Blvd	2	1.0	$120,000	12/17/18	49
AVERAGE			$113,380		23

*DOM = Days On Market

**Danbury Village Sales 2017**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
854A Putnam Blvd	2	1.0	$90,900	03/10/17	48
832B Putnam Blvd	2	1.0	$103,000	04/21/17	28
824A Putnam Blvd	2	1.0	$100,000	06/10/17	129
718B Putnam Blvd	2	1.0	$110,000	07/12/17	10
700B Putnam Blvd	2	1.0	$113,500	07/25/17	14
740B Putnam Blvd	2	1.0	$103,000	07/28/17	8
722B Putnam Blvd	2	1.0	$101,000	08/04/17	69
832A Putnam Blvd	2	1.0	$100,000	09/25/17	153
846A Putnam Blvd	2	1.0	$97,000	11/15/17	243
AVERAGE			$102,100		78

*DOM = Days On Market

**Danbury Village Sales 2016**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
732A Putnam Blvd	2	1.0	$95,900	11/03/16	28
AVERAGE			$95,900		28

*DOM = Days On Market

**Danbury Village Sales 2015**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
826A Putnam Blvd	2	1.0	$115,000	05/07/15	15
724A Putnam Blvd	2	1.0	$89,000	05/18/15	186
856B Putnam Blvd	2	1.0	$95,000	06/16/15	70
844A Putnam Blvd	2	1.0	$115,000	06/18/15	374
804A Putnam Blvd	2	1.0	$106,000	06/19/15	181
842B Putnam Blvd	2	1.0	$95,500	09/28/15	9
842A Putnam Blvd	2	1.0	$98,000	10/16/15	22
AVERAGE			$101,929		122

*DOM = Days On Market

**Danbury Village Sales 2014**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
834A Putnam Blvd**	2	1.0	$74,500	03/21/14	144
862B Putnam Blvd**	2	1.0	$80,000	05/23/14	17
718A Putnam Blvd	2	1.0	$100,000	05/29/14	344
844B Putnam Blvd	2	1.0	$107,000	06/23/14	10
732B Putnam Blvd	2	1.0	$84,500	06/24/14	171
750B Putnam Blvd	2	1.0	$115,000	06/27/14	148
834B Putnam Blvd	2	1.0	$105,000	06/30/14	14
730A Putnam Blvd	2	1.0	$117,500	09/30/14	8
AVERAGE			$97,938		108

*DOM = Days On Market

** = Bank Owned Foreclosure

**Danbury Village Sales 2013**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
716B Putnam Blvd	2	1.0	$83,000	05/20/13	94
700A Putnam Blvd	2	1.0	$107,000	07/12/13	142
AVERAGE			$95,000		118

*DOM = Days On Market

**Danbury Village Sales 2012**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
822A Putnam Blvd	2	1.0	$93,000	09/14/12	12
846B Putnam Blvd	2	1.0	$105,000	11/15/12	13
836A Putnam Blvd	2	1.0	$109,000	12/20/12	212
AVERAGE			$102,333		79

*DOM = Days On Market

**Danbury Village Sales 2011**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
822B Putnam Blvd	2	1.0	$120,000	06/01/11	59
856A Putnam Blvd	2	1.0	$118,500	08/26/11	207
714B Putnam Blvd	2	1,0	$130,000	09/16/11	152
AVERAGE			$122,833		139

*DOM = Days On Market

**Danbury Village Sales 2010**
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
770B Putnam Blvd	2	1.0	$147,000	01/28/10	281
754B Putnam Blvd	2	1.0	$148,000	04/02/10	20
1041 Putnam Blvd	2	2.1	$203,000	08/26/10	108
AVERAGE			$147,500		151

*DOM = Days On Market

Wallingford Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 22, 2016 To February 28, 2016

March 1, 2016 by admin

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

There are 73 homes listed for sale in Wallingford PA and Nether Providence Township on March 1, 2016 with an average asking price of $322,900.

In a Realtor.com analysis of listing records across the country lower-priced homes sold the fastest. Homes listed in the $200,000 to $250,000 price range sold in a median of 83 days – much faster than other price points. Here’s the breakdown of hottest price range, along with median number of days on the market and list price:

– $200,000 to $250,000: 83 days

– $150,000 to $200,000: 86 days

– $250,000 to $300,000: 89 days

– $1 million to $2 million: 118 days

Over the past 6 months in Wallingford the quickest selling category of the ranges cited in the analysis above was the $250,000 to $300,000 range with homes in that price range posting a median of 71 Days On Market. The median Days On Market for the whole Wallingford market over the past 6 months, a total of 73 closed transactions, was 43 days, with a not surprising median price of $259,900.

Wallingford Market Snapshot – 73 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$322,900	$309,000	$49,900	$809,900	134

Single/Twin Market Snapshot – 49 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$386,755	$365,000	$49,900	$809,900	144

Townhouse/Condo Market Snapshot – 24 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$192,529	$177,400	$69,900	$425,000	115

*DOM = Days On Market

5 Wallingford PA homes went under contract

8 new listings came onto the market

No listings expired

1 listing was withdrawn from the market

23 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold February 22, 2016 To February 28, 2016
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
334B Saybrook Lane	2	1.0	$90,700	02/26/16	151
506 Maple Road	2	1.1	$85,000	02/26/16	22
Average			$87,850		87

334B Saybrook Lane sold with a $2,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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