A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 17 homes listed for sale – 8 Active listings and 9 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 25, 2022 with an average asking price of $412,835.
Builder confidence has remained steady over the past few months, but continuing supply chain issues and inflation concerns are hampering it.
According to the National Association of Home Builders, the cost of building materials (excluding energy) rose 1.5% in December. The report found that the cost of building materials rose 15.9% in 2021 and have increased 18.6% since December 2020. Specifically, softwood lumber grew 24.4% in December and is up 44.5% since September. Between 1947 and 2019, the monthly change in softwood lumber averaged 0.3%. Comparatively, the percent change has averaged 12% change since January 2020, a 75-year high. Prices for steel increased only 0.2% in December, the smallest monthly increase since September, showing a steady slowdown for the cost. However, 2021 saw more than an 80% increase in cost.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
13 Wallingford PA homes went under contract
5 new listings came onto the market
2 listings were withdrawn from the market
No listings were temporarily taken off the market
No listings expired
41 homes are Under Contract at this time
2 Wallingford PA homes sold
|1057 Putnam Blvd||TOWN||2||2.1||$165,000||01/18/22||5|
|308 Dogwood Lane||SNG||5||3.2||$650,000||01/21/22||89|
Neither home sold with a Seller Assist:
Wallingford PA Real Estate – Wallingford, PA 19086