New Home Construction Underway Along Wallingford Avenue
September 2020 sales were 1 behind last year’s total with 14 closed transactions. The average price came in at $316,718 compared to last year when the average selling price was $388,559. September sales consisted of 11 single family homes, 1 row home, 1 condo, and 1 townhome.
Eleven single family homes sold for an average price of $347,300 and averaged 55 days on the market. Last September 12 single family homes sold for an average price of $421,199 and spent an average of 52 days on the market.
7 Hickory Lane had the highest selling price for the month at $599,900.
Seventeen listings went under contract during the month – 12 single family homes, 3 condos, 1 twin, and 1 townhome with an average asking price of $481,341 and an average of 12 Days On Market.
There are are 15 settlements scheduled in October and 9 in November.
| 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 |
| 713 Dover Court | ROW | 3 | 1.0 | $134,000 | 09/14/20 | 23 |
| 300 Dogwood Lane | SNG | 4 | 3.2 | $470,000 | 09/16/20 | 234 |
| 505 Hastings Avenue | SNG | 2 | 1.0 | $239,000 | 09/18/20 | 34 |
| 100 Westminster Drive | SNG | 3 | 1.1 | $237,000 | 09/21/20 | 78 |
| 603 Scott Lane | SNG | 4 | 2.0 | $440,500 | 09/22/20 | 7 |
| 6 Cedar Lane | SNG | 4 | 3.0 | $307,800 | 09/22/20 | 8 |
| 7 Hickory Lane | SNG | 5 | 2.1 | $580,000 | 09/29/20 | 146 |
| 100 Emerald Street | SNG | 3 | 1.1 | $321,000 | 09/30/20 | 5 |
| 210 Cedar Road | SNG | 3 | 2.0 | $237,000 | 09/30/20 | 18 |
| 124 Ronaldson Street | SNG | 3 | 1.1 | $290,000 | 10/01/20 | 157 |
| 700 Avondale Road #5J | CONDO | 2 | 2.0 | $128,500 | 10/02/20 | 6 |
| AVERAGE | $316,718 | 47 |
* DOM = Days On Market
4 of 14 transactions had a Seller Assist:
– 505 Hastings Avenue – $10,000
– 7 Hickory Lane – $2,000
– 26 Mallard Mill Run- $5,000
– 713 Dover Court – $3,000
Financing Methods
– Conventional Mortgage – 8 transactions
– Cash – 5 transactions
– FHA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $347,300 | $321,000 | $180,000 | $580,000 | 55 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $129,750 | $129,750 | $$129,750 | $129,750 | 26 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $350,000 | $350,000 | $350,000 | $350,000 | 9 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $134,000 | $134,000 | $134,000 | $134,000 | 23 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2019 | 15 | $388,559 | 53 | 93.2% | 97.4% |
| 2020 | 14 | $316,718 | 47 | 95.1% | 97.5% |
| -6.7% | -18.5% | -11.3% | 1.9% | 0.1% |
Wallingford PA Real Estate – Wallingford, PA 19086
