Thank You Springhaven Club For The Much Needed Fencing Update
September 2023 sales fell short of last year’s total by 8 homes with 11 closed transactions. The average price came in at $431,432 compared to last year when the average selling price was $483,219 representing a 10.7% decrease. September sales consisted of 8 single family homes, 2 condos, and 1 twin.
Twelve single family homes sold for an average price of $506,625 and averaged 57 days on the market. Last September posted 12 single family homes sales with an average price of $594,805 and 13 days on the market.
905 Heathdale Lane and 6-9 Chestnut Parkway Hempstead Lane had the highest selling price for the month at $750,000.
Five listings went under contract during the month (12 last year) – 2 single family homes, 2 townhomes, and 1 condo with an average asking price of $430,600 and an average of 9 Days On Market.
There are are 8 settlements scheduled in October – last year there were 17, 8 in November, and 1 in December.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 527 Washington Avenue | TWIN | 3 | 1.1 | $310,000 | 08/28/23 | 6 |
| 215 Moore Road | SNG | 3 | 1.1 | $490,000 | 08/29/23 | 6 |
| 700 Avondale Road #4B | CONDO | 2 | 2.0 | $212,750 | 08/29/23 | 18 |
| 113 Westminster Drive | SNG | 4 | 3.0 | $575,000 | 09/12/23 | 5 |
| 705 Madison Court | SNG | 2 | 1.0 | $190,000 | 09/13/23 | 5 |
| 800 Avondale Road #3P | CONDO | 1 | 1.0 | $170,000 | 09/15/23 | 5 |
| 12 Oak Knoll Drive | SNG | 4 | 2.1 | $645,000 | 09/15/23 | 4 |
| 609 Ryanard Road | SNG | 3 | 2.0 | $370,000 | 09/21/23 | 30 |
| 905 Heathdale Lane | SNG | 4 | 3.0 | $750,000 | 09/28/23 | 8 |
| 205 Chestnut Parkway | SNG | 3 | 2.0 | $283,000 | 09/29/23 | 43 |
| 6-9 Chestnut Parkway | SNG | 6 | 2.1 | $750,000 | 09/29/23 | 355 |
| AVERAGE | $431,432 | 44 |
* DOM = Days On Market
4 of 11 transactions had a Seller Assist:
– 113 Westminster Drive – $1,500
– 705 Madison Courte – $5,500
– 12 Oak Knoll Drive – $5,000
– 609 Ryanard Road – $6,000
Financing Methods
– Conventional Mortgage – 5 transactions
– Cash – 6 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $506,625 | $532,500 | $190,000 | $750,000 | 57 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $191,375 | $191,375 | $170,000 | $212,750 | 12 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $310,000 | $310,000 | $310,000 | $310,000 | 6 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2022 | 19 | $483,219 | 12 | 102.9% | 103.9% |
| 2023 | 11 | $431,432 | 44 | 95.1% | 102.0% |
| -42.0% | -10.7% | 267.0% | -7.8% | -1.9% |
Wallingford PA Real Estate – Wallingford, PA 19086
