As Are Other Recreational Facilities Bullens Lane Park Is Off Limits
With 14 closed transactions during March home sales in Wallingford PA fell short of last March’s total by 2 homes. The average selling price gained 19.8% over last year to $319,821 largely due to 10 single family homes selling during the month vs 6 singles sold last year.
A total of $4,477,488 in real estate transferred during the month.
Ten single family homes sold for an average price of $366,250 during the month and averaged 24 Days On Market. Last March 6 single family homes sold for an average price of $439,983 and spent an average of 51 Days On Market.
4219 Woodward Road had the highest selling price for the month at $481,000.
Buyers signed contracts for 23 homes during March, 18 single family homes, 2 condos, 2 twins, and 1 townhome – with an average asking price of $377,898 and an average of just 19 Days On Market.
Future settlements – 9 in April, 8 in May, and 2 in June.
At close of the 1st quarter of 2020 a total of 54 homes have sold surpassing last year’s 1st quarter volume by 12 homes. The average sales price has gone up $17,043 to $330,014 from last year when it stood at $312,971 representing a 5.5% increase.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 219 Woodward Road | SNG | 4 | 2.1 | $481,000 | 03/06/20 | 88 |
| 412 Rogers Lane | SNG | 4 | 2.1 | $465,000 | 03/12/20 | 64 |
| 311 Scott Lane | SNG | 5 | 4.1 | $414,000 | 03/13/20 | 51 |
| 675 Niblick Lane | TOWN | 5 | 4.1 | $300,000 | 03/16/20 | 294 |
| 110 Westminster Drive | SNG | 4 | 2.0 | $355,000 | 03/17/20 | 5 |
| 112 Beech Road | SNG | 3 | 2.0 | $277,700 | 03/18/20 | 3 |
| 5 Byre Lane | SNG | 4 | 2.0 | $349,900 | 03/20/20 | 4 |
| 658 Niblick Lane | TOWN | 4 | 2.1 | $255,000 | 03/20/20 | 173 |
| 800 Avondale Road #3O | CONDO | 2 | 2.0 | $140,000 | 03/20/20 | 32 |
| 800 Avondale Road #7H | CONDO | 1 | 1.0 | $119,988 | 03/20/20 | 24 |
| 206 Pine Road | SNG | 3 | 1.1 | $275,000 | 03/23/20 | 7 |
| 12 Berkshire Drive | SNG | 4 | 2.1 | $439,900 | 03/23/20 | 1 |
| 237 Canterbury Drive | SNG | 3 | 1.1 | $380,000 | 03/31/20 | 4 |
| 25 Ridley Drive | SNG | 3 | 2.0 | $225,000 | 03/31/20 | 9 |
| AVERAGE | $319,821 | 54 |
* DOM = Days On Market
7 of 14 transactions had a Seller Assist:
– 219 Woodward Road – $6,000
– 110 Westminster Drive – $2,000
– 112 Beech Road – $700
– 5 Byre Lane – $10,000
– 206 Pine Road – $2,450
– 12 Berkshire Drive – $4,225
– 237 Canterbury Drive – $1,000
Financing Methods
– Conventional Mortgage – 12 transactions
– FHA Mortgage – 2 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $366,250 | $367,500 | $225,000 | $481,000 | 24 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $277,500 | $277,500 | $255,000 | $300,000 | 234 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $129,994 | $129,994 | $119,988 | $140,000 | 28 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2019 | 16 | $266,894 | 59 | 93.8% | 99.2% |
| 2020 | 14 | $319,821 | 54 | 96.5% | 97.6% |
| -12.5% | 19.8% | -8.5% | 2.7% | -1.6% |
Wallingford PA Real Estate – Wallingford, PA 19086
