Erosion Control Project On Niblick Lane
June sales this year rebounded to a “normal” level of activity with 33 homes settling during the month. That maybe he only metric that can be termed normal for the activity during the month.
Highlights:
– 20 homes – 61% – sold for over asking price
– 10 homes sold for asking price
– Only 3 homes sold below asking price
– Homes sold for as much as 28% over asking price – 207 Sykes Lane sold for $136,000 over asking price
– On average homes that sold in June sold for 104.2% of asking price
– 27 homes had Days On Market in the single digits – 10 homes sold in 5 days or less
– The average Days On Market was 13
The average sales price in June was $486,827, which represents a 16.2% increase compared to last year. Inventory continued to be low with 12 to 16 houses being on the market at anytime during the month. June’s 33 sales consisted of 22 single family homes, 5 townhomes, 4 condos, and 2 twins.
A total of $16,065,300 of real estate changed hands this month – contrast that to last year’s total of $5,866,399 and the impact of the pandemic on last year’s activity can be easily seen.
There were 22 single family homes sold in June – compared with 10 last June – with an average price of $611,950, a price that is over $100K higher than last year. Singles averaged 17 days on the market.
The highest selling price for the month was $905,000 for 6 Kelly Lane.
A total of 22 homes went under contract during June 2021 with an average asking price of $392,909. Thirteen singles, 4 townhouses, 3 twins and 2 condos were sold during the month.
There are 24 settlements scheduled in July, 7 in August, 1 in October, 3 in December, and 2 in 2022
At the mid point of the year sales are up 15.2% compared to 2020’s first 6 months with 106 closed transactions versus 92 during the first half of last year. The average sale price has increased 16.8% over last year averaging $410,572.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 7 Bullens Lane | SNG | 4 | 2.1 | $640,000 | 06/01/21 | 6 |
| 706 Pine Ridge Road | SNG | 4 | 2.2 | $516,000 | 06/01/21 | 8 |
| 411 Plush Mill Road | SNG | 4 | 2.1 | $590,000 | 06/01/21 | 212 |
| 310 Copples Lane | SNG | 4 | 4.0 | $650,000 | 06/03/21 | 6 |
| 100 Quaint Road | SNG | 4 | 2.0 | $520,000 | 06/04/21 | 6 |
| 708 Blue Hill Road | SNG | 4 | 2.1 | $519,900 | 06/07/21 | 6 |
| 207 Sykes Lane | SNG | 4 | 2.0 | $625,000 | 06/08/21 | 4 |
| 322B Saybrook Lane | CONDO | 2 | 1.0 | $118,000 | 06/08/21 | 4 |
| 24 Mallard Mill Run | TOWN | 3 | 2.1 | $400,000 | 06/08/21 | 6 |
| 808 Ridge Lane | SNG | 4 | 2.2 | $628,500 | 06/10/21 | 14 |
| 800 Avondale Road #2M | CONDO | 1 | 1.0 | $139,000 | 06/11/21 | 15 |
| 11 Dale Lane | SNG | 5 | 2.1 | $650,000 | 06/11/21 | 4 |
| 701 Blue Hill Drive | SNG | 5 | 2.1 | $617,000 | 06/11/21 | 4 |
| 858A Putnam Blvd | CONDO | 2 | 1.0 | $145,000 | 06/15/21 | 5 |
| 1366 Putnam Blvd | TOWN | 2 | 2.1 | $240,000 | 06/15/21 | 5 |
| 6 Kelly Lane | SNG | 5 | 4.1 | $905,000 | 06/15/21 | 6 |
| 407 E Country Club Lane | SNG | 3 | 1.1 | $472,000 | 06/21/21 | 5 |
| 203 S Providence Road | SNG | 3 | 2.0 | $375,000 | 06/21/21 | 18 |
| 214 Emerald Lane | TWIN | 3 | 1.1 | $289,900 | 06/22/21 | 11 |
| 730A Putnam Blvd | CONDO | 2 | 1.0 | $170,000 | 06/23/21 | 7 |
| 300 Melanies Way | SNG | 4 | 4.1 | $735,000 | 06/23/21 | 8 |
| 1324 Putnam Blvd | TOWN | 2 | 2.1 | $262,500 | 06/24/21 | 6 |
| 993 Putnam Blvd | TOWN | 2 | 2.1 | $240,000 | 06/25/21 | 4 |
| 718 Beechwood Road | SNG | 4 | 2.1 | $450,000 | 06/28/21 | 7 |
| 415 Sheffield Drive | SNG | 5 | 3.1 | $715,000 | 06/28/21 | 4 |
| 1 Dale Lane | SNG | 4 | 2.1 | $799,000 | 06/28/21 | 6 |
| 109 Stratford Lane | SNG | 4 | 2.2 | $765,000 | 06/28/21 | 20 |
| 1052 Putnam Blvd | TOWN | 2 | 2.1 | $228,000 | 06/29/21 | 0 |
| 420 E Country Club Lane | SNG | 3 | 1.1 | $525,000 | 06/30/21 | 5 |
| 710 Forrest Avenue | TWIN | 3 | 2.1 | $370,000 | 06/30/21 | 7 |
| 738 Hemlock Road | SNG | 4 | 2.1 | $600,000 | 06/30/21 | 9 |
| 207 Highland Avenue | SNG | 5 | 3.1 | $770,000 | 06/30/21 | 6 |
| 618 Creekside Road | SNG | 4 | 2.1 | $395,000 | 06/30/21 | 7 |
| AVERAGE | $486,827 | 13 |
* DOM = Days On Market
7 of 33 homes sold with a Seller Assist:
– 411 Plush Mill Road – $25,000
– 24 Mallard Mill Run – $1,000
– 701 Blue Hill Drive – $1,500
– 1366 Putnam Blvd – $1,000
– 203 S Providence Road – $3,000
– 1366 Putnam Blvd – $6,840
– 207 Highland Avenue – $15,000
Financing Methods
– Conventional Mortgage – 24 transactions
– Cash – 9 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $611,950 | $621,000 | $375,000 | $905,000 | 17 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $274,100 | $240,000 | $228,000 | $400,000 | 4 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $143,000 | $142,000 | $118,000 | $170,000 | 8 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $329,950 | $329,950 | $289,900 | $370,000 | 9 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2020 | 14 | $419,021 | 15 | 98.4% | 99.4% |
| 2021 | 33 | $486,827 | 13 | 103.7% | 104.2% |
| 135.7% | 16.2% | -13.3% | 5.3% | 4.8% |
Wallingford PA Real Estate – Wallingford, PA 19086
