A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 17 homes listed for sale – 7 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on February 22, 2022 with an average asking price of $475,288.
Homesellers’ profit jumped 45% in 2021.
According to ATTOM, home sellers received a profit of $94,092 on average, up from $64,931 in 2020 and up 71% from $55,000 in 2019. Sellers saw a return on their original investment of 45.3% on average in 2021, up from 33.6% in 2020 and 30.6% in 2019. This represents consecutive year-over-year increases for sellers in both profit and ROI over the past decade. With more than 5.7 million single-family homes and condos sold in 2021, the highest amount since 2005, many sellers jumped on the opportunity to make a profit. Home prices rose 16.1% in 2021, which helped boost sellers’ profits and ROI, but the pent-up demand for homes and low inventory drove it even further. It’s in stark contrast to 2008 through 2013, where most sellers did not make a profit and lost money, as much as $37,957 in 2011.
Home prices have risen 109% since 2011, and many sellers are taking advantage. Ninety-eight percent of markets saw home prices reach their highest point ever. Eighty-seven percent of markets saw their profit margins rise in 2021.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $475,288 | $525,000 | $124,900 | $725,000 | 21 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $540,975 | $560,000 | $329,000 | $725,000 | 25 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $182,450 | $182,450 | $124,900 | $239,999 | 17 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $407,767 | $303,900 | $299,900 | $619,500 | 10 |
1 Wallingford PA home went under contract
4 new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
No listings expired
46 homes are Under Contract at this time
2 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 208 Willow Road | SNG | 3 | 1.1 | $365,000 | 02/15/22 | 5 |
| 783 Pennsylvania Avenue | TWIN | 2 | 1.0 | $160,000 | 02/16/22 | 89 |
| AVERAGE | $262,500 | 47 |
Neither home sold with a Seller Assist:
Wallingford PA Real Estate – Wallingford, PA 19086
