A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 43 homes listed for sale in Wallingford PA and Nether Providence Township on February 26, 2019 with an average asking price of $454,279.
Mortgage rates inched lower for the third consecutive week. Freddie Mac Chief Economist Sam Khater says the lower rates bode well for the spring home buying season, typically the busiest time of the year for home shopping.
“Mortgage rates … [are] continuing the general downward trend that began late last year,” Khater says. The National Association of REALTORS® reported this week that more houses were on the market in January, rising to 1.59 million nationwide and at a 3.9-month supply at the current sales pace.
Freddie Mac reports the following national averages for mortgage rates for the week ending Feb. 21:
- 30-year fixed-rate mortgages: averaged 4.35% ,with an average 0.5 point, dropping from last week’s 4.37 percent average. Last year at this time, 30-year rates averaged 4.40%.
- 15-year fixed-rate mortgages: averaged 3.78%, with an average 0.4 points, falling from last week’s 3.81% average. A year ago at this time, 15-year rates averaged 3.85%.
- 5-year hybrid adjustable-rate mortgages: averaged 3.84%, with an average 0.3 point, falling from last week’s 3.88% average. A year ago, 5-year ARMs averaged 3.65%.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $454,279 | $405,000 | $75,000 | $1,175,000 | 85 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $529,875 | $489,000 | $175,000 | $1,175,000 | 90 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $91,666 | $89,999 | $75,000 | $109,999 | 41 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $283,780 | $275,000 | $180,000 | $439,000 | 76 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $177,400 | $177,400 | $169,900 | $184,900 | 93 |
6 Wallingford PA homes went under contract
10 new listings came onto the market
No listings expired
No listings were withdrawn from the market
27 homes are Under Contract at this time
2 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 301 Woodridge Lane | SNG | 3 | 1.0 | $380,000 | 02/20/19 | 126 |
| 4214 N Providence Road | SNG | 6 | 3.1 | $673,000 | 02/22/19 | 73 |
| AVERAGE | $526,500 | 100 |
Neither home sold with a Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
