Guard Rail Removal Project Along Avondale Road
March 2022 saw quite a comeback in activity compared to last year. Twenty four homes sold in Wallingford PA during March 2022, compared to just 6 closed transactions last March. The average selling price soared 36.1% over last year rising to $498,120.
A total of $11,954,874 in real estate transferred during the month.
Fifteen single family homes sold for an average price of $588,542 during the month and averaged 42 Days On the Market. Last March 4 single family homes sold for an average price of $463,875 and spent an average of 38 Days On the Market.
205 Linden Lane had the highest selling price for the month at $1,100,000.
Buyers signed contracts for 20 homes during March, 13 single family homes, 4 townhomes, 2 condos, and 1 twin – with an average asking price of $444,470 and an average of just 7 Days On the Market.
Future settlements – 12 in April, 9 in May, 3 in June, and 7 throughout the remainder of the year.
At close of the 1st quarter of 2022 a total of 51 homes have sold exceeding last year’s 1st quarter by 14 homes. The average sales price has increased to $454,415 from last year when it stood at $381,882, representing a 19.0% increase.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 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 |
| 11 Single Lane | SNG | 4 | 2.1 | $769,500 | 03/03/22 | 79 |
| 730B Putnam Blvd | CONDO | 2 | 1.0 | $169,000 | 03/08/22 | 8 |
| 205 Linden Lane | SNG | 4 | 3.1 | $1,100,000 | 03/11/22 | 5 |
| 803 Pleasant Hill Road | SNG | 3 | 2.0 | $385,000 | 03/11/22 | 131 |
| Willow Road Lot #1 | SNG | 3 | 2.1 | $499,900 | 03/11/22 | 48 |
| 715 Kincaid Mills Lane | TOWN | 3 | 3.1 | $520,000 | 03/14/22 | 0 |
| 713 Atlanta Court | ROW | 2 | 1.0 | $176,000 | 03/15/22 | 5 |
| 804 Pleasant Hill Road | SNG | 4 | 2.1 | $565,000 | 03/17/22 | 10 |
| 961 Putnam Blvd | TOWN | 3 | 3.1 | $315,000 | 03/18/22 | 15 |
| 503 S Media Way | TOWN | 3 | 3.0 | $515,340 | 03/18/22 | 1 |
| 505 S Media Way | CONDO | 2 | 2.0 | $343,572 | 03/18/22 | 51 |
| 516 Hastings Avenue | SNG | 3 | 1.0 | $255,000 | 03/21/22 | 5 |
| 21 Waterford Way | SNG | 5 | 2.1 | $665,000 | 03/25/22 | 7 |
| Willow Road Lot #2 | SNG | 3 | 2.1 | $562,037 | 03/25/22 | 78 |
| 723 Kincaid Mills Lane | TOWN | 3 | 3.0 | $479,825 | 03/28/22 | 3 |
| 119 Locust Lane | SNG | 5 | 2.1 | $595,000 | 03/29/22 | 33 |
| 501 S Media Way Lot#7 | SNG | 3 | 2.1 | $579,200 | 03/29/22 | 133 |
| 612 W Brookhaven Road | SNG | 5 | 2.1 | $535,000 | 03/30/22 | 12 |
| 112 Brent Drive | SNG | 3 | 2.1 | $525,000 | 03/30/22 | 74 |
| 1002 Twyckenham Road | SNG | 4 | 2.1 | $935,000 | 03/31/22 | 6 |
| AVERAGE | $498,120 | 30 |
* DOM = Days On Market
4 of 24 transactions hsold with a Seller Assist:
– 100 Cedar Road – $12,000
– 2803 Pleasant Hill Road – $3,800
– 119 Locust Lane – $16,779
– 723 Kincaid Mills Lane – $1,710
Financing Methods
– Conventional Mortgage – 19 transactions
– Cash – 5 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $588,542 | $562,037 | $255,000 | $1,100,000 | 42 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $437,633 | $479,825 | $315,000 | $520,000 | 5 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $254,191 | $250,000 | $169,000 | $343,572 | 20 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $176,000 | $176,000 | $176,000 | $176,000 | 5 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2021 | 6 | $365,917 | 30 | 101.7% | 102.8% |
| 2022 | 24 | $498,120 | 30 | 104.7% | 102.6% |
| 300.0% | 36.1% | 0.0% | 3.0% | -0.2% |
Wallingford PA Real Estate – Wallingford, PA 19086
