The temperature of the market in July matched the mid summer weather – hot. There were 27 closed transactions during the month with the average selling price being $446,605 – which is a 2.0% decrease compared to last year.
Highlights:
– 16 homes – 59% – sold for over asking price
– 4 homes sold for asking price
– 7 homes sold below asking price
– On average homes that sold in July sold for 103.9% of asking price
– 17 homes sold in 7 days or less
– The average Days On Market was just 13
July’s 27 sales consisted of 16 single family homes, 4 townhomes, 4 twins, and 3 condos, with a total of $12,058,345 of real estate changing hands during the month.
There were 16 single family homes sold in July – compared with 20 last year – with an average price of $548,393, a price that is over $70K higher than last year. Singles averaged 15 days on the market.
The highest selling price for the month was $1,050,000 for 303 Copples Lane.
A total of 21 homes went under contract during July 2021 with an average asking price of $371,238. Fifteen singles, 3 condos, and 3 townhouses were sold during the month.
There are 16 settlements scheduled in August, 6 in September, 3 in October, 2 in December, and 6 new construction homes in 2022
Seven months into the year sales are up 14.8% compared to 2020’s first 7 months with 132 closed transactions versus 115 last year. The average sale price increased 11.1% over last year averaging $413,856.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 410 N Providence Road | SNG | 7 | 6.0 | $990,000 | 07/01/21 | 28 |
| 501 Springhaven Road | SNG | 4 | 2.0 | $540,000 | 07/08/21 | 3 |
| 712 Columbus Court | TWIN | 3 | 2.1 | $300,000 | 07/08/21 | 9 |
| 631 W Wiltshire Drive | TWIN | 3 | 2.0 | $325,000 | 07/12/21 | 6 |
| 319 Austin Court | TWIN | 2 | 1.0 | $140,000 | 07/12/21 | 24 |
| 373 Saybrook Lane | TOWN | 3 | 2.1 | $303,000 | 07/15/21 | 5 |
| 209 Glendale Road | SNG | 5 | 2.1 | $565,000 | 07/15/21 | 4 |
| 303 Copples Lane | SNG | 6 | 4.1 | $1,050,000 | 07/15/21 | 6 |
| 11 Furness Lane | SNG | 4 | 3.2 | $700,000 | 07/15/21 | 6 |
| 601 W Wiltshire Drive | TWIN | 3 | 2.1 | $300,000 | 07/15/21 | 5 |
| 105 E Brookhaven Road | SNG | 6 | 3.1 | $775,000 | 07/15/21 | 19 |
| 601 Columbia Mills Court | TOWN | 3 | 2.1 | $445,000 | 07/16/21 | 5 |
| 314 Prichard Lane | SNG | 4 | 3.0 | $580,516 | 07/19/21 | 6 |
| 834B Putnam Blvd | CONDO | 2 | 1.0 | $140,000 | 07/19/21 | 12 |
| 1308 Putnam Blvd | TOWN | 2 | 2.1 | $300,000 | 07/20/21 | 5 |
| 510 Georgetown Road | SNG | 3 | 2.0 | $430,000 | 07/20/21 | 8 |
| 201 E Rose Valley Road | SNG | 4 | 2.1 | $545,929 | 07/20/21 | 7 |
| 912 Winding Lane | SNG | 3 | 2.1 | $592,500 | 07/22/21 | 4 |
| 800 Avondale Road #4M | CONDO | 1 | 1.0 | $150,000 | 07/23/21 | 5 |
| 655 Niblick Lane | TOWN | 2 | 2.1 | $350,000 | 07/23/21 | 20 |
| 212 Walnut Lane | SNG | 2 | 1.0 | $189,000 | 07/23/21 | 100 |
| 504 Georgetown Road | SNG | 4 | 2.1 | $600,000 | 07/26/21 | 15 |
| 800 Avondale Road #2D | CONDO | 3 | 2.0 | $206,500 | 07/27/21 | 9 |
| 118 Chestnut Parkway | SNG | 3 | 1.0 | $285,000 | 07/27/21 | 5 |
| 303 Highland Avenue | SNG | 3 | 2.0 | $406,000 | 07/28/21 | 11 |
| 607 Media Parkway | SNG | 3 | 1.1 | $365,000 | 07/29/21 | 5 |
| 906 S Providence Road | SNG | 3 | 2.0 | $474,000 | 07/30/21 | 6 |
| AVERAGE | $446,605 | 13 |
* DOM = Days On Market
6 of 27 homes sold with a Seller Assist:
– 201 E Rose Valley Road – $16,378
– 510 Georgetown Road – $6,513
– 912 Winding Lane – $6,500
– 721 Columbus Court – $3,825
– 601 W Wiltshire Drive – $1,500
– 303 Highland Avenue – $4,800
Financing Methods
– Conventional Mortgage – 21 transactions
– Cash – 6 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $548,393 | $555,465 | $189,000 | $1,050,000 | 15 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $352,000 | $326,500 | $300,000 | $455,000 | 9 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $165,500 | $150,000 | $140,000 | $206,500 | 9 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $266,250 | $300,000 | $140,000 | $325,000 | 11 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2020 | 23 | $455,631 | 44 | 97.3% | 99.4% |
| 2021 | 27 | $446,605 | 13 | 103.9% | 103.1% |
| 17.4% | -2.0% | -70.5% | 6.6% | 3.7% |
Wallingford PA Real Estate – Wallingford, PA 19086
