Spring Visitor
The average sales price in May 2024 was $675,942 which represents a 22.7% increase compared to last year. May’s 16 sales consisted of 12 single family homes, 2 townhomes, 1 condo, and 1 twin.
There were 12 single family homes sold in May with an average price of $570,045, a price that is over $241K higher than last year’s average. Singles averaged 23 days on the market.
The highest selling price for the month was $1,850,000 for 401-403 Rogers Lane.
A total of 17 homes went under contract during May with an average asking price of $590,418 – 13 single family homes, 2 condos, 1 twin, and 1 townhome.
There are 17 settlements scheduled in June, 2 in July, and 1 in August.
For the first 5 months of the year sales slightly behind last year’s pace with compared to 2023’s first 5 months with 59 closed transactions versus 57 during the first 5 months of last year. The average sales price has increased 21.1% compared to last year with an average sales price of $526,703. Average days on market came in at 21
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 820 Parkridge Drive | SNG | 3 | 2.1 | $540,000 | 05/03/24 | 14 |
| 401-403 Rogers Lane | SNG | 7 | 6.1 | $1,850,000 | 05/03/24 | 4 |
| 207 Cooper Drive | SNG | 5 | 3.0 | $700,000 | 05/07/24 | 4 |
| 15 Brookside Road | SNG | 4 | 4.1 | $990,000 | 05/08/24 | 6 |
| 202 Winterloch Way | SNG | 4 | 2.1 | $585,000 | 05/10/24 | 5 |
| 852B Putnam Blvd | CONDO | 2 | 2.0 | $226,000 | 05/10/24 | 3 |
| 1115 Putnam Blvd | TOWN | 3 | 2.2 | $385,375 | 05/10/24 | 5 |
| 722 Beechwood Road | SNG | 3 | 2.0 | $657,000 | 05/10/24 | 8 |
| 7 Sharpless Lane | SNG | 4 | 2.1 | $601,000 | 05/15/24 | 5 |
| 700 Dover Court | TWIN | 2 | 1.0 | $213,700 | 05/16/24 | 6 |
| 415 Albany Court | SNG | 4 | 2.1 | $605,000 | 05/16/24 | 172 |
| 449 Saybrook Lane | TOWN | 2 | 2.1 | $257,000 | 05/17/24 | 3 |
| 204 Hempstead Lane | SNG | 5 | 4.1 | $1,200,000 | 05/20/24 | 35 |
| 601 Bickmore Drive | SNG | 3 | 1.1 | $380,000 | 05/21/24 | 1 |
| 300 Beech Road | SNG | 4 | 2.1 | $650,000 | 05/21/24 | 3 |
| 412 Hidden Valley Road | SNG | 4 | 3.2 | $975,000 | 05/31/24 | 13 |
| AVERAGE | $675,942 | 18 |
* DOM = Days On Market
2 of 16 homes sold with a Seller Assist:
– 15 Brookside Road – $3,000
– 415 Albany Court – $6,560
Financing Methods
– Conventional Mortgage – 13 transactions
– Cash – 3 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $811,083 | $653,500 | $380,000 | $1,850,000 | 23 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $226,000 | $226,000 | $226,000 | $226,000 | 3 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $213,700 | $213,700 | $213,700 | $213,700 | 6 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $321,188 | $321,188 | $257,000 | $385,375 | 4 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2023 | 21 | $551,027 | 28 | 105.5% | 104.9% |
| 2024 | 16 | $675,942 | 18 | 101.3% | 102.9% |
| -23.8% | 22.7% | -35.7% | -4.2% | -2.0% |
Wallingford PA Real Estate – Wallingford, PA 19086
