Spring Arrived At Taylor Arboretum
The month of April 2018 finished with 19 closed transactions in Wallingford, 6 more homes than last April. The average sales price dropped less than 1% to $375,968. The 19 sales consisted of 15 single family homes, 2 condos, and 1 townhome, and 1 twin.
Single family homes sold for an average price of $440,633 and averaged 74 days on the market. Last April 8 single family homes sold for an average price of $478,269 after spending an average of 21 days on the market.
The highest selling price for the month was $718,000 for 79 Strathmore Court.
There were 23 listings that went under contract during the month – 17 single family homes, 3 townhouses, 2 condos, and 1 twin home. The average asking price was $342,211 and spent an average of 60 days on the market.
There are 39 future settlements scheduled with 25 on the books for May, 12 in June, and 2 in July.
Closed transactions for the first four months of the year are up by 9 homes over last year – 60 in 2018 and 51 in 2017. The average selling price has decreased $13,068 to $327,321 – which is a decrease of 3.8% compared to last year.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 216 Cedar Road | 2 | 1.0 | $175,000 | 04/03/18 | 2 |
| 310 Beatty Road | 3 | 2.1 | $585,000 | 04/04/18 | 28 |
| 711 Manchester Road | 2 | 1.0 | $225,000 | 04/06/18 | 3 |
| 501 Bancroft Road | 6 | 3.1 | $515,000 | 04/11/18 | 3 |
| 405 Bickmore Drive | 4 | 2.1 | $374,000 | 04/12/18 | 15 |
| 1152 Putnam Blvd | 4 | 3.1 | $245,000 | 04/13/18 | 91 |
| 114 Stratford Lane | 3 | 2.1 | $516,000 | 04/17/18 | 158 |
| 800 Ridge Lane | 3 | 2.0 | $431,000 | 04/18/18 | 4 |
| 1 Sproul Lane | 4 | 3.0 | $517,500 | 04/19/18 | 283 |
| 9 Strathmore Court | 5 | 4.1 | $718,000 | 04/19/18 | 288 |
| 735 Hemlock Road | 4 | 2.2 | $640,,000 | 04/20/18 | 12 |
| 704 Beechwood Road | 4 | 2.0 | $458,000 | 04/20/18 | 20 |
| 105 Walnut Road | 3 | 1.1 | $255,000 | 04/25/18 | 31 |
| 1010 Beech Road | 5 | 3.1 | $440,000 | 04/25/18 | 234 |
| 230 Canterbury Drive | 3 | 1.1 | $305,000 | 04/25/18 | 13 |
| 428 Palmers Lane | 4 | 3.1 | $455,000 | 04/27/18 | 14 |
| 219 Emerald Lane | 3 | 1.1 | $124,000 | 04/28/18 | 25 |
| 728B Putnam Blvd | 2 | 1.0 | $97,000 | 04/30/18 | 14 |
| 800 Avondale Road #6N | 1 | 1.0 | $67,900 | 04/30/18 | 10 |
| AVERAGE | $375,968 | 66 |
* DOM = Days On Market
7 of 19 transactions sold with a Seller Assist:
– 216 Cedar Road – $500
– 310 Beatty Road – $1,000
– 405 Bickmore Drive – $22,080
– 9 Strathmore Court – $24,013
– 1010 Beech Road – $500
– 219 Emerald Lane- $3,720
– 230 Canterbury Drive – $900
Financing Methods
– Conventional Mortgage – 12 transactions
– Cash – 6 transactions
– VA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $440,633 | $455,000 | $175,000 | $718,000 | 74 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $82,450 | $82,450 | $67,900 | $97,000 | 13 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $245,000 | $245,000 | $245,000 | $245,000 | 91 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $124,000 | $124,000 | $124,000 | $124,000 | 25 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2017 | 13 | $377,228 | 32 | 99.4% | 98.7% |
| 2018 | 19 | $375,968 | 66 | 96.8% | 98.1% |
| 46.2% | -.003% | 106.3% | -2.6% | -0.6% |
Wallingford PA Real Estate – Wallingford, PA 19086
