A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 24 homes listed for sale – 16 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on May 17, 2021 with an average asking price of $481,404.
Home buyers are facing relentless competition in the housing market, driven by low mortgage rates and inventory. According to the latest REALTORS® Confidence Index, based on real estate transactions nationwide in March, practitioners report an average of five offers on their most recent listing.
In a separate report by Redfin published in April, 72% of the brokerage’s agents faced competition when submitting an offer for their clients – up from 66.7% in March. “Bidding wars are intensifying,” says Kristin Lopez, a Redfin real estate pro in Boise, Idaho. “In March, we were seeing three or four offers on a home. Now, we’re sometimes seeing more than 20.”
What’s more, bidding wars are the most common reason house hunters who have been searching for at least three months haven’t been able to buy a home. Forty-five percent of longtime house hunters say they continue to lose out in bidding wars, which is higher than those who say they can’t find an affordable home (32%), according to a recent analysis from the National Association of Home Builders.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
*DOM = Days On Market
8 Wallingford PA homes went under contract
6 new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
No listings expired
48 homes are Under Contract at this time
7 Wallingford PA homes sold last week
|9 Ryanard Lane||SNG||3||1.1||$315,000||05/11/21||5|
|700 Avondale Road #PH8||CONDO||1||1.0||$143,000||05/12/21||4|
|635 Niblick Lane Lane||TOWN||2||2.1||$279,900||05/13/21||7|
|318A Saybrook Lane||CONDO||2||1.0||$755,000||05/13/21||4|
|304 E Rose Valley Road||SNG||3||2.1||$680,000||05/13/21||21|
|1138 Putnam Blvd||TOWN||2||2.1||$242,000||05/14/21||1|
|407 Trenton Court||TWIN||2||1.0||$135,000||05/14/21||7|
4 homes sold with a Seller Assist:
– 635 Niblick Lane – $3,000
– 304 E Rose Valley Road – $1,000
– 1138 Putnam Blvd – $7,000
– 407 Trenton Court – $5,000
Wallingford PA Real Estate – Wallingford, PA 19086