Archives for December 2017

Wallingford PA Real Estate – December 18, 2017 To December 24, 2017

December 26, 2017 by admin

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

There are 55 homes listed for sale in Wallingford PA and Nether Providence Township on December 19, 2017 with an average asking price of $389,821.

The time homes spent on the market hit an all-time low in 2017 at just three weeks, the National Association of REALTORS® reports. A low inventory of homes for sale mixed with strong buyer demand has helped to keep market times low from 2014 to 2017.

During the height of the housing boom from 2001 to 2005, homes sold within a month of being listed. But as the housing market began to slow in 2006, the median time jumped to six weeks, and then to 10 weeks by 2009.

Wallingford Market Snapshot – 55 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$389,821	$392,500	$105,000	$790,000	112

Single/Twin Market Snapshot – 42 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$442,857	$442,445	$155,000	$790,000	118

Townhouse/Condo Market Snapshot – 13 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$218,475	$195,900	$105,000	$435,000	96

*DOM = Days On Market

1 Wallingford PA home went under contract

2 new listings came onto the market

2 listings expired

1 listing was withdrawn from the market

31 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold December 18, 2017 To December 24, 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
758 Pennsylvania Avenue	2	1.0	$110,000	12/21/17	52
205 Elm Road	2	1.0	$175,000	12/20/17	31
Average			$142,500		42

Neither home sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – December 11, 2017 To December 17, 2017

December 19, 2017 by admin

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

There are 62 homes listed for sale in Wallingford PA and Nether Providence Township on December 19, 2017 with an average asking price of $399,720.

Home buyers are putting more money down on a home, as the median down payment for a single-family home or condo in the third quarter was $20,000 – a new record high, according to ATTOM Data Solutions’ Q3 2017 U.S. Residential Property Loan Origination Report. The average down payment equaled 7.6% of the median home sales price of $263,000, according to the report.

Wallingford Market Snapshot – 62 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$399,720	$417,500	$105,000	$790,000	108

Single/Twin Market Snapshot – 48 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$446,844	$449,995	$155,000	$790,000	111

Townhouse/Condo Market Snapshot – 14 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$238,156	$196,839	$105,000	$490,000	95

*DOM = Days On Market

4 Wallingford PA homes went under contract

2 new listings came onto the market

No listings expired

No listings were withdrawn from the market

33 homes are Under Contract at this time

5 Wallingford PA homes sold last week

Wallingford Homes Sold December 11, 2017 To December 17, 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
101 Emerald Street	4	3.1	$354,500	12/13/17	81
723 Scott Lane	4	3.1	$440,000	12/14/17	21
522 Georgetown Road	3	2.1	$369,000	12/14/17	5
28 Medbury Lane	4	2.1	$395,000	12/15/17	87
111 W Brookhaven Road	5	2.1	$395,000	12/15/17	39
Average			$390,700		47

101 Emerald Street sold with a $9,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Colonial Williamsburg Celebrates Christmas

December 15, 2017 by admin

Visiting Colonial Williamsburg during the Holdiay season is a treat for all the senses. The doors of the historic district are decorated brightly with seasonal wreaths made of natural material, the enticing smell of burning wood fires fills the air, and the traditions and of a Colonial Christmastide are celebrated.

Festive Wreath And Door

Chownings Tavern

Colorful Wreaths Decorate The Homes Of The Historic District

Fife And Drums

The first weekend in December culminates in the Grand Illumination with firework displays lighting up the night sky over the Governor’s Palace, Magazine, and the Capitol.

Fireworks Over The Capitol

Grand Illumination

A Burning Cresset Lights The Duke Of Gloucester Street

Williamsburg Inn Celebrates The Season

Wallingford PA Real Estate – Wallingford, PA 19086

Christmas Trees – Do You Prefer Real Or Artificial?

December 14, 2017 by admin

Many people are embracing natural products that are locally produced so it begs the question why do so many people buy artificial Christmas trees. It has been an increasingly hard sell for Christmas tree growers who link themselves with providing locally produced products and the organic food movement.

It is estimated that approximately 95 million U.S. homes display a Christmas tree in their home during the Holiday Season. Just 19% are real trees according to a recent Nielsen survey conducted for the American Christmas Tree Association.

Artificial trees that first debuted in the early 1930’s have been taking a greater share of the market primarily based upon their convenience and lower cost over the long term.

I am a huge fan of having a locally grown natural tree in the home during for Christmas. How about you?

Wallingford PA Real Estate – Wallingford, PA 19086

A French Themed Longwood Gardens Christmas

December 13, 2017 by admin

Christmas 2017 at Longwood Gardens. The Conservatory is decorated with a French inspired theme reminiscent of the splendor of Versailles. A floating mosaic made up of over 670,000 cranberries, 8,000 Granny Smith Apples, and 3,000 gilded walnuts form a central fleur-de-lis and other swirling patterns.