Archives for May 2016

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 May 31, 2016 with an average asking price of $379,827.

According to the National Association Of Realtors (NAR) pending sales, homes under contract that have not yet settled, were up 4.6% in April over the previous year representing the largest number of homes under contract since February 2006.

Sales rose in all regions across the country except for the Midwest.

Wallingford Market Snapshot – 88 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$379,827	$350,000	$59,900	$1,225,000	107

Single/Twin Market Snapshot – 70 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$431,620	$378,000	$90,000	$1,225,000	97

Townhouse/Condo Market Snapshot – 18 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$178,411	$174,450	$59,000	$384,900	134

*DOM = Days On Market

1 Wallingford PA home went under contract

3 new listings came onto the market

No listings expired

1 listing was withdrawn from the market

48 homes are Under Contract at this time

8 Wallingford PA homes sold last week

Wallingford Homes Sold May 23, 2016 To May 29, 2016

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
201 Beaumont Drive	5	2.1	$358,000	05/23/16	352
657 Niblick Lane	3	2.1	$269,000	05/24/16	52
707 Devon Lane	4	2.2	$360,000	05/24/16	23
212 Hillsboro Mills Lane	4	3.1	$415,000	05/24/16	26
13 Chester Road	3	1.0	$215,000	05/25/16	44
101 Beech Road	3	1.1	$220,000	05/26/16	19
211 Cooper Drive	4	2.1	$460,000	05/26/16	17
509 Wilder Road	4	2.1	$440,000	05/27/16	6
Average			$342,125		67

4 homes sold with a Seller Assist:

– 657 Niblick Lane – $8,070

– 707 Devon Lane – $10,000

– 101 Beech Road – $500

– 509 Wilder Road – $13,800

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 83 homes listed for sale in Wallingford PA and Nether Providence Township on May 24, 2016 with an average asking price of $375,791.

There are fewer homes for sale across the country, 5.9% less than last year according to Zillow, and the supply of entry level homes has dwindled notably by 10.4% since last year.

Locally the number of homes on the market has dropped 19.4% compared to the same week last year. The average listing price at that time was $336,795.

Wallingford Market Snapshot – 83 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$375,791	$334,900	$59,900	$1,225,000	102

Single/Twin Market Snapshot – 65 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$430,451	$380,000	$90,000	$1,225,000	93

Townhouse/Condo Market Snapshot – 18 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$178,411	$174,450	$59,000	$384,900	137

*DOM = Days On Market

3 Wallingford PA homes went under contract

4 new listings came onto the market

No listings expired

3 listings were withdrawn from the market

54 homes are Under Contract at this time

9 Wallingford PA homes sold last week

Wallingford Homes Sold May 16, 2016 To May 22, 2016

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
208 Cedar Road	3	1.0	$180,000	05/16/16	339
8 Laurie Lane	4	2.1	$374,000	05/16/16	21
420 New Jersey Avenue	3	1.0	$137,600	05/17/16	141
210 Moylan Avenue	4	2.1	$672,500	05/17/16	4
221 Moylan Avenue	4	2.1	$700,000	05/20/16	118
963 Putnam Blvd	2	2.1	$165,000	05/20/16	137
110 Canterbury Drive	3	1.1	$323,000	05/20/16	5
629 W Wiltshire Drive	3	3.1	$225,000	05/20/16	207
600 Wallingford Avenue	3	1.1	$244,900	05/16/16	237
Average			$335,778		134

4 homes sold with a Seller Assist:

– 8 Laurie Lane – $3,000

– 420 New Jersey Avenue – $7,000

– 629 W Wiltshire Drive – $10,000

– 600 Wallingford Avenue – $3,900

103 Ronaldson Street was A Bank Owned Foreclosure.

Wallingford PA Real Estate – Wallingford, PA 19086