A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 18 homes listed for sale – 9 Active listings and 9 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 8, 2022 with an average asking price of $468,428.
A study by Redfin declared January 2022 the “most competitive month on record for homebuyers,” suggesting that low inventory also contributed to the frenzy. The site found that 70% of homes received more than one offer in January, up from 67.7% in January and up 61% year over year. Townhouses faced the most competition, with 72.6% involved in bidding wars, followed by single-family homes at 70.6%, then condos at 62.9% and multi-family properties at 62.7%. The report suggests that rising mortgage rates are leading buyers to more aggressive shopping to lock a rate in, as January was the first time since March 2020 that mortgage rates rose about 3.5%. The end of January and beginning of February saw prices rise 16% year over year, while new listings fell 8%, suggesting this buying frenzy isn’t ending anytime soon.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $468,428 | $554,500 | $124,900 | $725,000 | 18 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $561,883 | $572,500 | $329,000 | $725,000 | 21 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $187,450 | $187,450 | $124,900 | $250,000 | 14 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $461,700 | $461,700 | $303,900 | $619,500 | 21 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $205,900 | $205,900 | $205,900 | $205,900 | 6 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $184,900 | $184,900 | $184,900 | $184,900 | 6 |
1 Wallingford PA home went under contract
5 new listings came onto the market
No listings were withdrawn from the market
No listings were temporarily taken off the market
1 listing expired
42 homes are Under Contract at this time
6 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 507 Moylan Avenue | SNG | 5 | 2.1 | $1,200,000 | 02/28/22 | 6 |
| 310 Marlyn Lane | SNG | 4 | 3.0 | $585,000 | 02/28/22 | 3 |
| 32 Mallard Mill Run | TOWN | 2 | 2.0 | $358,000 | 03/01/22 | 4 |
| 101 Emerald Street | SNG | 4 | 3.0 | $542,500 | 03/01/22 | 3 |
| 100 Cedar Road | SNG | 3 | 1.1 | $315,000 | 03/01/22 | 12 |
| 800 Avondale Road #2D | CONDO | 3 | 2.0 | $250,000 | 03/02/22 | 2 |
| AVERAGE | $541,750 | 5 |
100 Cedar Road sold with $12,000 Seller Assist:
Wallingford PA Real Estate – Wallingford, PA 19086
