A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 6 homes listed for sale – just 3 Active listings and 3 Active Under Contract listings – in Wallingford PA and Nether Providence Township on February 2, 2021 with an average asking price of $503,800.
Pending home sales reached a record high for December last month as the unseasonable housing surge continued in markets across the country during the COVID-19 pandemic.
Pending sales were up 21.4% year over year in December, reaching the highest reading for a December on the National Association of REALTORS®’ Pending Home Sales Index. All major regions of the U.S. recorded double-digit increases annually.
However, the index – a forward-looking indicator of home sales based on contract signings – did drop slightly, by three-tenths of a percentage point, in December compared to November. December’s index reading was 125.5. (An index of 100 is equal to the level of contract activity in 2001.) The slight month-over-month decline was blamed on fewer contract signings in the Midwest, NAR said. In other regions, contract signings saw an uptick or stayed flat in December.
Housing shortages continue to press on the housing market. “Pending home sales contracts have dipped during recent months, but I would attribute that to having too few homes for sale,” said Lawrence Yun, NAR’s chief economist. “There is a high demand for housing and a great number of would-be buyers, and therefore sales should rise with more new listings. This elevated demand without a significant boost in supply has caused home prices to increase and we can expect further upward pressure on prices for the foreseeable future.”
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $503,800 | $379,450 | $240,000 | $895,000 | 57 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $613,225 | $639,450 | $279,000 | $895,000 | 65 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $284,950 | $284,950 | $240,000 | $329,900 | 40 |
1 Wallingford PA home went under contract
No new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
No listings expired
17 homes are Under Contract at this time
10 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 840 Parkridge Drive | SNG | 3 | 2.0 | $402,000 | 01/25/21 | 5 |
| 707 Kincaid Mills Lane | TOWN | 3 | 2.2 | $408,000 | 01/27/21 | 84 |
| 610 School Lane | SNG | 3 | 1.1 | $356,000 | 01/28/21 | 5 |
| 371 Saybrook Lane | TOWN | 2 | 2.1 | $265,000 | 01/28/21 | 3 |
| 828A Putnam Blvd | CONDO | 2 | 1.0 | $134,721 | 01/29/21 | 6 |
| 828A Putnam Blvd | CONDO | 2 | 1.0 | $134,721 | 01/29/21 | 6 |
| 609 Wilder Road | SNG | 5 | 2.2 | $545,000 | 01/29/21 | 20 |
| 119 Chestnut Parkway | SNG | 3 | 1.1 | $280,000 | 01/29/21 | 49 |
| 508 S Providence Road | SNG | 5 | 3.1 | $750,000 | 01/29/21 | 50 |
| 700 Concord Court | TWIN | 1 | 1.0 | $104,500 | 01/29/21 | 165 |
| AVERAGE | $337,694 | 39 |
2 homes sold with a Seller Assist
– 119 Chestnut Parkway – $8,850
– 700 Concord Court – $2,000
Wallingford PA Real Estate – Wallingford, PA 19086
