A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 11 homes listed for sale – 4 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 26, 2021 with an average asking price of $549,336.
Buyers beware: It’s a seller’s market and homeowners are holding firm on the price. More than half – or 52% – of about 1,000 real estate professionals recently surveyed believe the biggest challenge that home sellers will face in 2021 is the temptation to overprice their homes due to the hot market conditions.
The home buying frenzy since the pandemic, mixed with a low inventory of homes for sale, has placed sellers in the driver’s seat. Home prices have been rising by double-digit percentages annually.
HomeLight’s Top Agent Insights report, conducted in the fourth quarter of 2020, is an online poll reflecting more than 1,000 real estate professionals’ responses nationwide.
Nearly 15% of real estate pros surveyed also said they were concerned that bidding wars will drive more offers above appraised values in 2021.
Bidding wars remain high in many markets, an unseasonable trend for the housing industry. In December 2020, nearly half of real estate professionals with the brokerage Redfin reported facing a bidding war in submitting offers for their clients.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $549,336 | $575,000 | $104,900 | $895,000 | 67 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $669,737 | $740,000 | $279,900 | $895,000 | 63 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $289,950 | $289,950 | $240,000 | $339,900 | 37 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $104,900 | $104,900 | $104,900 | $104,900 | 165 |
3 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No listings were withdrawn from the market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
No listings expired
24 homes are Under Contract at this time
2 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 310 Prichard Lane | SNG | 4 | 2.1 | $525,000 | 01/20/21 | 2 |
| 301 Woodridge Lane | SNG | 3 | 2.1 | $485,000 | 01/21/21 | 20 |
| AVERAGE | $505,000 | 11 |
301 Woodridge Lane sold with a $12,500 Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
