A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 38 homes listed for sale in Wallingford PA and Nether Providence Township on June 2, 2020 with an average asking price of $430,658.
Pent-up housing demand during state shutdowns is about to be unleashed as many coronavirus-related restrictions to daily life are lifted or relaxed and consumers return to the real estate market, says Lawrence Yun, chief economist for the National Association of REALTORS®.
Looking forward, the market is ripe for robust activity. Mortgage applications are defying economists’ expectations, rising 54% since April, the Mortgage Bankers Association reported last week. Mortgage rates for 30-year loans have broken through record lows three times in as many months, making borrowing costs favorable for prospective buyers who are looking to get off the fence and purchase. And even though NAR reported a 21.8% drop in pending home sales in April, the association says they likely won’t go any lower. Meanwhile, home prices continue to rise, even as uncertainty around the pandemic persists.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
*DOM = Days On Market
2 Wallingford PA homes went under contract
2 new listings came onto the market
0 listings were withdrawn from the market
0 listings were temporarily taken off the market
0 listings expired
21 homes are Under Contract at this time
1 Wallingford PA home sold last week
|827 Pleasant Hill Road||SNG||3||2.1||$232,500||05/29/20||46|
Wallingford PA Real Estate – Wallingford, PA 19086