A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 23 homes listed for sale – 15 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 6, 2021 with an average asking price of $403,774.
As home listing prices break another new record, more homeowners are looking to take advantage and list their homes for sale. New listings in June rose 5.5% year-over-year and are up 10.9% over the prior month, according to a new report from realtor.com®.
The uptick in new listings may give buyers more homes to choose from and could offer a hopeful sign for the real estate market.
Still, the inventory challenges in the housing market are far from over: The number of homes for sale still remains 43% lower than last year.
In Wallingford the number of listings are down 49% from this time last year.
“Although there’s still a significant shortage of homes for sale and home prices just hit a new high, our June data report shows good news on the horizon for buyers,” says George Ratiu, senior economist at realtor.com®. “Inventory declines improved over the steep drops seen earlier in the pandemic as sellers stepped back into the market in a variety of price ranges across the country. The improvement we saw in new listings growth from May to June shows sellers are entering the market historically later in the season, which could mean we’ll see home buying continue into the fall as buyers jump at new opportunities.”
If the progress in new listings continues, Ratiu adds that the housing market could return to a more normal pace of activity by the second half of 2021.
That could help cool off some of the recent highs in home prices. The median U.S. listing price increased 12.7% over last year to $385,000, which marks the fifth consecutive month for price records, realtor.com® reports. However, the year-over-year price growth is starting to show signs of moderating, down from 15.2% in May.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
*DOM = Days On Market
4 Wallingford PA homes went under contract
3 new listings came onto the market
No listing were withdrawn from the market
1 listing was temporarily taken off the market
1 listing expired
45 homes are Under Contract at this time
11 Wallingford PA homes sold last week
|718 Bechwood Road||SNG||4||2.1||$450,000||06/28/21||7|
|109 Stratford Lane||SNG||4||2.2||$765,000||06/28/21||20|
|415 Sheffield Lane||TWIN||5||3.1||$715,000||06/28/21||4|
|1 Dale Lane||SNG||4||2.1||$799,000||06/28/21||6|
|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||$395,500||06/30/21||7|
|410 N Providence Road||SNG||7||6.0||$990,000||07/01/21||28|
2 homes sold with a Seller Assist:
– 1052 Putnam Blvd – $6,840
– 207 Highland Avenue – $15,000
Wallingford PA Real Estate – Wallingford, PA 19086