A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 78 homes listed for sale in Wallingford PA and Nether Providence Township on September 27, 2016 with an average asking price of $386,918.
The fall and winter seasons may offer potential buyers the best deals of the year.
Home sales prices in the nation’s largest metros typically peak during the summer but drop in the fall and are lowest in the winter, according to a new study from NerdWallet, in which researchers analyzed sales and listings over the past two years in the 50 largest metros using realtor.com® data.
Home sale prices tend to peak in June and July, according to the analysis. Buyers will find the most inventory or home choices during those months but there is also more competition from other buyers that they will have to contend with.
The market tends to slow in the fall and sales prices start to dip. Sales prices drop nearly 3%, on average – a fall of $8,300 on the median home – from summer (June through August) to fall (September through November).
Home sale prices tend to be cheapest in the winter. In January or February, for example, homes could potentially cost 8.45% less on average than in June through August.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $386,918 | $352,400 | $72,000 | $895,000 | 111 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $433,205 | $384,500 | $109,900 | $895,000 | 109 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $175,321 | $177,400 | $72,500 | $269,900 | 120 |
*DOM = Days On Market
9 Wallingford PA homes went under contract
3 new listings came onto the market
No listings expired
No listings were withdrawn from the market
29 homes are Under Contract at this time
1 Wallingford PA home sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 13 Ridley Drive | 3 | 2.0 | $110,000 | 09/23/16 | 176 |
| Average | $110,000 | 176 |
Wallingford PA Real Estate – Wallingford, PA 19086
