A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 44 homes listed for sale in Wallingford PA and Nether Providence Township on October 1, 2019 with an average asking price of $445,357.
Retiring baby boomers are finding that downsizing is not always the answer. Empty nesters transitioning from their longtime houses are finding they still need plenty of space, The Washington Post reports.
“Older home buyers today are ‘smart-sizing’ rather than just downsizing,” Mollie Carmichael, a principal with the housing research firm Meyers Research, told The Washington Post. “Affordability is a big priority before and during retirement, so people think they need to downsize for financial security, but that’s not always true.”
Carmichael says her organization’s research has shown that 30% of people who have moved to age-restricted communities end up moving to a larger place within the community after they’ve lived there for a while. The average home size in active-adult communities—which are geared for ages 55 and older—is 1,500 to 1,800 square feet. “They just want a little extra space and yet want to stay in the neighborhood,” Carmichael says.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $455,357 | $459,450 | $115,000 | $939,000 | 81 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $524,380 | $499,000 | $230,000 | $939,000 | 88 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $280,933 | $277,900 | $214,900 | $350,000 | 84 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $127,425 | $127,450 | $119,900 | $134,900 | 38 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $164,950 | $164,950 | $115,000 | $214,900 | 44 |
*DOM = Days On Market
5 Wallingford PA homes went under contract
3 new listings came onto the market
No listings were withdrawn from the market
No listings expired
24 homes are Under Contract at this time
6 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 25 Willow Road | SNG | 3 | 2.1 | $290,000 | 09/25/19 | 20 |
| 809 S Providence Road | SNG | 3 | 2.1 | $315,000 | 09/26/19 | 19 |
| 315 Copples Lane | SNG | 4 | 2.1 | $320,000 | 09/27/19 | 4 |
| 633 E Wiltshire Drive | TWIN | 3 | 2.1 | $250,000 | 09/27/19 | 7 |
| 2 Lindenshade Lane | SNG | 6 | 4.1 | $715,000 | 09/27/19 | 53 |
| 916 Winding Lane | SNG | 4 | 3.2 | $565,000 | 09/27/19 | 150 |
| AVERAGE | $409,167 | 42 |
4 homes sold with a Seller Assist:
– 809 S Providence Road – $1,700
– 633 E Wiltshire Road – $7,500
– 2 Lindenshade Lane – $9,150
– 916 Winding Lane – $30,000
Wallingford PA Real Estate – Wallingford, PA 19086
