January Saw The First Measurable Snow In Over 700 Days – Behind The Community Arts Center
Sales for January 2024 fell 2 homes short of last year’s total of 9 homes. The 7 sales in January 2024 sold for an average price of $371,732 – a 1.4% decrease compared to last year. January sales consisted of 3 single family homes and 4 townhouses.
January’s 3 single family homes sold for an average price of $503,333 and averaged 9 days on the market. Last January 6 single family homes sold for an average price of $457,750 and averaged 46 days on the market.
600 Scott Lane had the highest selling price for the month at $600,000
Twelve homes went under contract during the month – 7 singles and 5 Townhomes- with an average asking price of $458,455 and an average of 42 Days On Market.
Future settlements – 8 in February, 1 in March, and 1 in November
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 703 Oxford Lane | SNG | 4 | 2.1 | $560,000 | 01/05/24 | 5 |
| 1023 Putnam Blvd | TOWN | 2 | 2.1 | $305,000 | 01/08/24 | 11 |
| 995 Putnam Blvd | TOWN | 2 | 2.1 | $282,122 | 01/12/24 | 6 |
| 415 New Jersey Avenue | TOWN | 3 | 1.0 | $215,000 | 01/12/24 | 90 |
| 1154 Putnam Blvd | TOWN | 2 | 2.2 | $290,000 | 01/19/24 | 8 |
| 217 Willow Road | SNG | 3 | 1.1 | $350,000 | 01/31/24 | 15 |
| 600 Scott Lane | SNG | 4 | 2.0 | $600,000 | 01/31/24 | 8 |
| AVERAGE | $371,732 | 20 |
* DOM = Days On Market
2 of 7 transactions had a Seller Assist:
– 600 Scott Lane- $3,900
– 1154 Putnam Blvd – $1,000
Financing Methods
– Conventional Mortgage – 5 transactions
– VA Mortgage – 1 transaction
– Cash – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $503,333 | $560,000 | $350,000 | $600,000 | 9 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $273,031 | $286,061 | $215,000 | $305,000 | 29 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2023 | 9 | $377,111 | 42 | 95.7% | 97.6% |
| 2024 | 7 | $371,732 | 20 | 99.9% | 99.8% |
| -22.2% | -1.4% | -52.3% | 4.2% | 2.2% |
* DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
