Longwood Gardens – A Hint Of Spring From January’s Annual Orchid Extravaganza
January 2019 home sales in Wallingford PA declined by 4 homes over last year with 15 closed transactions. The average selling price was $302,233 – a 5.6% drop over last year. January sales consisted of 9 single family homes, 2 twins, 2 townhouses, and 2 condos. A total of $4,533,499 in real estate changed hands during the month.
January’s 9 single family homes sold for an average price of $377,944 and averaged 92 days on the market. Last January 15 single family homes sold for an average price of $363,832 and averaged 117 days on the market.
2 Bullens Lane had the highest selling price for the month at $617,500.
Nine listings went under contract during the month – 5 singles, 3 townhouses, and 1 condo – with an average asking price of $277,522 and an average of 72 Days On Market.
There are 17 settlements scheduled with 12 in February and 5 in March.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 647 Niblick Lane | 3 | 2.1 | $250,000 | 01/04/19 | 205 |
| 719 Hemlock Road | 3 | 2.1 | $375,000 | 01/07/19 | 141 |
| 446 Vernon Street | 3 | 1.0 | $212,000 | 01/09/19 | 25 |
| 800 Avondale Road #3N | 1 | 1.0 | $89,999 | 01/10/19 | 5 |
| 512 Hastings Avenue | 2 | 1.0 | $253,000 | 01/17/19 | 48 |
| 609 School Lane | 4 | 1.1 | $290,000 | 01/17/19 | 239 |
| 504 Scott Lane | 5 | 2.1 | $423,000 | 01/17/19 | 190 |
| 611 W Wiltshire Drive | 3 | 3.0 | $144,500 | 01/23/19 | 183 |
| 616 Georgetown Road | 4 | 2.1 | $334,000 | 01/25/19 | 55 |
| 833 Surrey Lane | 3 | 2.1 | $470,000 | 01/28/19 | 40 |
| 501 Vernon Street | 4 | 1.0 | $245,000 | 01/28/19 | 68 |
| 418 Oak Valley Road | 3 | 2.0 | $400,000 | 01/30/19 | 60 |
| 700 Avondale Road #2J | 2 | 2.0 | $132,000 | 01/30/19 | 79 |
| 673 Niblick Lane | 2 | 2.0 | $297,500 | 01/31/19 | 240 |
| 2 Bullens Lane | 4 | 4.1 | $617,500 | 01/31/19 | 301 |
| AVERAGE | $302,233 | 104 |
* DOM = Days On Market
5 of 15 transactions had a Seller Assist:
– 512 Hastings Avenue – $12.250
– 616 Georgetown Road – $8,000
– 833 Surrey Lane – $11,000
– 418 Oak Valley Road – $12,000
– 2 Bullens Lane – $4,000
Financing Methods
– Conventional Mortgage – 11 transactions
– Cash – 2 transactions
– FHA Mortgage – 1 transaction
– OtherFinancing – 1 transaction
616 Georgetown Road was a Bank owned foreclosure
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $377,944 | $375,000 | $212,000 | $617,500 | 87 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $194,750 | $195,750 | $144,500 | $245,000 | 126 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $273,750 | $273,750 | $250,000 | $297,500 | 223 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $111,000 | $111,000 | $89,999 | $132,000 | 42 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2018 | 19 | $320,262 | 94 | 93.2% | 95.8% |
| 2019 | 15 | $302,233 | 104 | 91.7% | 96.6% |
| -21.1% | -5.6% | 10.6% | -1.5% | 0.8% |
Wallingford PA Real Estate – Wallingford, PA 19086
