Archives for October 2017

Wallingford PA Real Estate – 3rd Quarter 2017 Review

October 7, 2017 by admin

A total of 63 homes sold during the 3rd quarter of 2017 in Wallingford PA which betters last year’s tally by 10 homes. The average selling price increased 18.9% compared to last year coming in at $350,758.

The 46 single family homes sold during the quarter saw the average selling price increase by $45,958, rising 12.3% from $373,889 to $419,847. Single homes averaged 48 days on the market during the quarter.

At the 3/4 mark of 2017 the number of Wallingford homes sold is 8 greater than last year, with 169 closed transactions recorded through the end of September. The average selling price has seen an dramatic increase of 13.5% from $312,001 for the first 9 months of last year to an average of $354,022 for the July to September time frame this year.

There were 27 homes sold in July, 22 in August, and 14 in September.

The highest priced home sold in the 3rd quarter was 1314 Plush Mill Road that sold for $875,000.

**WALLINGFORD – 3RD QUARTER 2016 VS 3RD QUARTER 2017**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	53	$311,813	78	93.3%	96.6%
2017	63	$350,758	51	96.1%	97.7%
	18.9%	12.5%	-34.6%	2.8%	1.1%

3RD QUARTER 2017 – SALES BY PRICE RANGE

PRICE RANGE	SALES
< $100,000	1
$100,000 To $200,000	15
$200,000 To $300,000	12
$300,000 To $400,000	11
$400,000 To $500,000	9
$500,000 To $600,000	8
$600,000 To $700,000	4
$700,000 To $800,000	1
$800,000 To $900,000	2
TOTAL	63

Single Family Homes Sold – 3rd Quarter 2017 – 46 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$419,847	$405,000	$145,000	$875,000	48

Condos Sold – 3rd Quarter 2017 – 11 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$112,164	$105,000	$92000	$184,300	51

Townhouses Sold – 3rd Quarter 2017 – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$281,500	$284,500	$182,000	$375,000	69

Twin Homes Sold – 3rd Quarter 2017 – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$212,500	$212,500	$200,000	$225,000	82

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford Real Estate – September 2017

October 4, 2017 by admin

September Is Here – School Is Open!

Sales during September 2017 increased by 1 home over last year with 14 closed transactions, and the average price soared 76.5% compared to September 2016 with the average selling coming in at $401,207. Five homes this year homes sold for more than $500,000 and last year 3 years sold for under $100,000 which accounts for the majority of the dramatic increase in the average sales price. September sales consisted of 9 single family homes, 3 townhomes, and 2 condos.

Nine single family homes sold for an average price of $494,878 and averaged 89 days on the market. Last September 10 single family homes sold for an average price of $257,400 and spent an average of 54 days on the market.

314 Plush Mill Road had the highest selling price for the month at $875,000.

Eighteen listings went under contract during the month – 12 single family homes, 3 townhouses, 2 twins, and 1 condo with an average asking price of $335,850 and an average of 71 Days On Market.

There are are 23 future settlements scheduled with 11 in October, 9 in November, 2 in December, and 1 in January.

Wallingford PA Closed Home Transactions September 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
122 S Providence Road	4	2.1	$630,000	09/11/17	53
608 Rockbourne Mills Ct	3	3.1	$375,000	09/12/17	161
116 Ash Road	3	1.1	$250,000	09/13/17	8
2 Chatham Place	4	2.1	$525,000	09/14/17	146
602 Columbia Mills Ct	3	3.1	$350,000	09/15/17	72
312 Media Parkway	3	1.0	$145,000	09/15/17	173
206 Linden Lane	5	3.1	$640,000	09/18/17	13
314 Plush Mill Road	4	3.2	$875,000	09/20/17	119
308 Plush Mill Road	5	3.2	$725,000	09/22/17	159
832A Putnam Blvd	2	1.0	$100,000	09/25/17	153
1049 Putnam Blvd	3	2.1	$219,000	09/25/17	31
511 Hastings Avenue	3	1.0	$262,900	09/28/17	12
700 Avondale Road #3B	2	2.0	$110,000	09/29/17	5
318 Crestview Circle	3	2.1	$410,000	09/29/17	7
AVERAGE			$401,207		87

* DOM = Days On Market

4 of 14 transactions had a Seller Assist:

– 116 Ash Road – $1,200

– 308 Plush Mill Road – $29,000

– 608 Rockbourne Mills Court – $10,000

– 1049 Putnam Blvd – $5,000

Financing Methods

– Conventional Mortgage – 9 transactions

– Cash – 3 transactions

– FHA Mortgage – 1 transaction

– FVA Mortgage – 1 transaction

312 Media Parkway was reported as a Bank Owned Foreclosure.

**WALLINGFORD SINGLE HOMES – SEPTEMBER 2017 – 9 SALES**
Avg Price	Median Price	Low	High	DOM*
$495,878	$270,000	$145,000	$875,000	89

**WALLINGFORD TOWNHOMES – SEPTEMBER 2017 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$314,667	$350,000	$219,000	$375,000	88

**WALLINGFORD CONDOS – SEPTEMBER 2017 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$105,000	$105,000	$100,000	$110,000	79

**WALLINGFORD – SEPTEMBER 2016 VS SEPTEMBER 2017**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	13	$227,377	86	90.5%	94.7%
2017	14	$401,207	87	96.9%	93.7%
	7.7%	76.5%	1.1%	6.4%	-1.00%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 25, 2017 To October 1, 2017

October 3, 2017 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 October, 2017 with an average asking price of $394,430.

California continued to dominate realtor.com®’s latest rankings of top-performing housing markets. The state boasted 8 metros on this September’s top 10 list for markets that are seeing the quickest sales and most buyer demand online at realtor.com®.

1 – San Jose, CA
2 – San Francisco, CA
3 – Vallejo, CA
4 – Fort Wayne, IN
5 -San Diego, CA
6 – Stockton, CA
7 – Santa Rosa, CA
8 -Sacramento, CA
9 – Modesto, CA
10 – Detroit, MI

Wallingford Market Snapshot – 73 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$394,430	$400,000	$99,900	$764,999	99

Single/Twin Market Snapshot – 59 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$431,967	$439,000	$125,000	$764,999	97

Townhouse/Condo Market Snapshot – 14 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$237,377	$194,248	$99,900	$490,000	108

*DOM = Days On Market

7 Wallingford PA homes went under contract

9 new listings came onto the market

No listings expired

4 listings were withdrawn from the market

28 homes are Under Contract at this time

4 Wallingford PA homes sold last week.

Wallingford Homes Sold September 25, 2017 To October 1, 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
832A Putnam Blvd	2	1.0	$100,000	09/25/17	153
1049 Putnam Blvd	3	2.1	$219,000	09/25/17	31
511 Hastings Avenue	3	1.0	$262,900	09/28/17	12
700 Avondale Road #3B	2	2.0	$110,000	09/29/17	5
Average			$172,975		50

1 home sold with a Seller Assist

– 1049 Putnam Blvd – $5,000

Wallingford PA Real Estate – Wallingford, PA 19086

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Archives for October 2017

S. Clark Kendus