A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 32 homes listed for sale in Wallingford PA and Nether Providence Township on September 15, 2020 with an average asking price of $500,822.
Home prices jumped 5.5% year-to-year in July, a new report by CoreLogic found.
The Home Price Index also reported that prices rose 1.2% from June 2020 to July 2020. The HPI predicts that prices will see a 0.1% increase from July 2020 to August 2020, and a 0.6% increase from July 2020 to July 2021. Thanks to the COVID-19 pandemic, lower mortgage rates and a lack of inventory of for-sale homes, home price growth is rising at a rapid rate, the fastest rate in close to two years.
“Lower-priced homes are sought after and have had faster annual price growth than luxury homes. First-time buyers and investors are actively seeking lower-priced homes, and that segment of the housing market is in particularly short supply,” said Dr. Frank Nothaft, chief economist for CoreLogic.
Properties in suburban areas are seeing more growth in prices than urban areas. Additionally, homes in areas where COVID-19 cases have been particularly high are most likely to have a decline in prices over the next year, the report found.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $500,822 | $422,000 | $109,500 | $1,049,000 | 43 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $577,512 | $525,000 | $239,000 | $1,049,000 | 48 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $419,000 | $419,000 | $409,000 | $429,000 | 41 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $126,833 | $132,000 | $109,500 | $139,000 | 18 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $185,000 | $185,000 | $110,000 | $260,000 | 20 |
*DOM = Days On Market
4 Wallingford PA homes went under contract
2 new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
1 listing expired
28 homes are Under Contract at this time
3 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 412 Turner Road | SNG | 3 | 2.1 | $478,000 | 09/09/20 | 2 |
| 26 Mallard Mill Run | TOWN | 3 | 3.1 | $350,000 | 09/10/20 | 9 |
| 836A Putnam Blvd | CONDO | 2 | 1.0 | $129,750 | 09/11/20 | 26 |
| AVERAGE | $319,350 | 12 |
700 Avondale Road #4F sold with a $5,000 Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
