A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 13 homes listed for sale – 12 Active listings and 1 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 3, 2021 with an average asking price of $527,388.
The 30-year fixed-rate mortgage came off its recent all-time lows to average near 3% this week. The 10-year Treasury yield, which mortgage rates closely follow, hit its highest level in the past year, prompting the increase in rates.
Rates continue to remain near historic lows, said Sam Khater, Freddie Mac’s chief economist. The all-time low for the 30-year fixed-rate mortgage was set in January, averaging 2.65%.
Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 25:
- 30-year fixed-rate mortgages: averaged 2.97%, with an average 0.6 point, up from last week’s 2.81% average. Last year at this time, 30-year rates averaged 3.45%.
- 15-year fixed-rate mortgages: averaged 2.34%, with an average 0.6 point, rising from last week’s 2.21% average. A year ago, 15-year rates averaged 2.95%.
- 5-year hybrid adjustable-rate mortgages: averaged 2.99%, with an average 0.1 point, rising from last week’s 2.77% average. A year ago, 5-year ARMs averaged 3.20%.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $527,388 | $399,900 | $137,900 | $1,069,000 | 28 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $694,113 | $774,700 | $214,500 | $1,069,000 | 31 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $190,900 | $179,900 | $137,900 | $254,900 | 3 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $364,900 | $364,900 | $329,900 | $399,900 | 52 |
2 Wallingford PA homes went under contract
1 new listing came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
1 listing expired
14 homes are Under Contract at this time
2 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 616 Morris Lane | SNG | 4 | 2.0 | $489,000 | 02/23/21 | 6 |
| 715 Pennsylvania Avenue | SNG | 3 | 1.1 | $115,000 | 02/23/21 | 22 |
| AVERAGE | $302,000 | 14 |
Wallingford PA Real Estate – Wallingford, PA 19086
