What constitutes an “average” home sold in Wallingford during the past year? The following statistics were derived from Nether Providence Township home sales data as recorded in the MLS.
Wallingford welcomed 231 new homeowners to our community in 2018. This represents an increase of 10 homes sold when compared to 2017. These new owners paid an average price of $313,899 – a 9.9% decrease compared to the 2017 average selling price of $348,775. There was a total of $72,510,563 of real estate transferred in Nether Providence Township in 2018.
Single family homes accounted for 152 of the 231 sales, townhomes 29 sales, condos 25 sales, twins 22 sales, and 3 row homes sold.
Single family homes sold for an average price of $389,970 with a median price of $375,000, townhome prices averaged $220,314, twin home buyers paid an average of $164,999, condominium buyers paid an average of $117,680, and 3 row home buyers paid an average of $91,333.
2018 AVERAGE SELLING PRICES
2018 DAYS ON MARKET BY TYPE
2018 SALES BY PRICE RANGE
Eighty seven sellers paid out a total of $637,322 in Seller Assists, with an average assist of $7,326 – the largest Seller Concession paid out was $24,013.
Wallingford that homes sold in 2018 had an average age of 68 years, with the oldest being built in 1737.
The average home configuration consisted of 3.7 bedrooms, 2.8 bathrooms – 1.9 full and .80 half baths.
Three bedroom homes were the most prevalent topping the list with 98 homes , followed by 70 four bedrooms, 35 two bedroom homes, 20 five bedroom, 5 one bedroom dwellings, and 3 six bedroom homes.
The largest home had 7,678 square feet of interior space, while the smallest came in at 625, the average home sold was 1,969 square feet.
On the price spectrum, one new homeowner paid $45,000 on the low end of the scale, while the high price topped out at $1,002,050.
Colonials topped the single detached home style list with 88 homes, followed by 24 Cape Cods, 13 ranchers, and 6 contemporaries.
For taking the winter chill off 119 homes that sold in 2018 have a fireplace, with 32 homes having two fireplaces.
Natural gas serves as the primary heating fuel in 111 homes – 48% of homes sold. Sixty four utilize oil heat for warmth, 42 have electric heat, 7 homes warm their homes via heat pumps, and 1 home sold keeps it’s residents warm via propane.
Garages are a feature in 53% of homes sold – 122 homes. Forty four homes have a 1 car garage, 68 have a 2 car garage, 9 have a 3 car garage, and 1 home has a 4 car garage.
Central air cools the residents of 194 homes, and 15 owners can enjoy the summer outdoors in their own swimming pool – of which 14 are in ground pools.
Homes having a condominium or HOA fee paid an average of $282 in monthly fees.
Ten homes were Bank owned foreclosure – 4.3% of homes sold – 2 homes were reported as short sales.
Our new neighbors are assuming an average 2018 tax bill of $8,655. One lucky buyer is paying a budget busting tax bill of $29,004. Seventy three homes – 32% of the total – have a real estate tax burden exceeding the $10,000 SALT threshold.
Property assessments ranged from $53,730 to a high of $514,950 with the average assessment for homes sold in 2018 standing at $154,350.
Wallingford PA Real Estate – Wallingford, PA 19086