Call: (610)-322-6734
Wallingford Weekly Update 2019 – Page 5

Wallingford PA Real Estate

By Clark Kendus

Wallingford PA Real Estate – July 22, 2019 To July 28, 2019

by

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 51 homes listed for sale in Wallingford PA and Nether Providence Township on July 30, 2019 with an average asking price of $459,527.

After a slight uptick last week, mortgage rates fell back to what has become a more regular pattern this summer of hovering near three-year lows. Home buyers are responding to the lower rates, and mortgage applications for home purchases have continued to rise steadily the last two months to the highest year-over-year change since the fall of 2017

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 51 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$459,527 $399,000 $89,900 $999,900 88
Single Home Market Snapshot – 40 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$530,745 $489,450 $165,000 $999,900 88
Townhouse Market Snapshot – 4 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$313,250 $314,000 $275,000 $350,000 168
Condo Market Snapshot – 4 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$118,575 $118,700 $104,000 $132,900 55
Twin Market Snapshot – 2 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$164,950 $165,950 $89,900 $240,000 32
Row Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$148,900 $148,900 $148,900 $148,900 40

*DOM = Days On Market

4 Wallingford PA home went under contract

1 new listing came onto the market

No listings expired

1 listing was withdrawn from the market

27 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold July 22, 2019 To July 28, 2019
ADDRESS TYPE BED BATH PRICE SETTLED DOM*
717 Hemlock Road SNG 4 1.1 $475,000 07/22/19 43
315 Henry Lane SNG 4 2.0 $380,000 07/22/19 3
838B Putnam Blvd CONDO 2 2.0 $124,900 07/22/19 15
AVERAGE       $326,633   20

2 homes sold with a Seller Assist

– 717 Hemlock Road – $11,000

– 838B Putnam Blvd – $3,747

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 15, 2019 To July 21, 2019

by

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 55 homes listed for sale in Wallingford PA and Nether Providence Township on July 23, 2019 with an average asking price of $453,734.

Hispanics are posting the largest homeownership gains of any ethnic group, new Census Bureau data shows. The wave of growth is a far cry from four years ago when the Hispanic homeownership rate reached a 50-year low. Since then, ownership among this segment has risen 3.3%  Census Bureau data shows.

To be clear, whites still have higher levels of overall home ownership. The Hispanic home ownership rate is at 47.4%, which still remains well-below the 73% rate for non-Hispanic whites in the first quarter. But it’s the growth in ownership rates among Hispanics that housing analysts are predicting could have a significant impact on the housing market over the next decade.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 55 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$453,734 $390,000 $89,900 $999,900 89
Single Home Market Snapshot – 42 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$535,851 $489,450 $165,000 $999,900 93
Townhouse Market Snapshot – 4 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$313,250 $314,000 $275,000 $350,000 161
Condo Market Snapshot – 6 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$119,663 $119,950 $104,000 $133,500 51
Twin Market Snapshot – 2 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$164,950 $165,950 $89,900 $240,000 25
Row Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$148,900 $148,900 $148,900 $148,900 33

*DOM = Days On Market

1 Wallingford PA home went under contract

2 new listings came onto the market

No listings expired

1 listing was withdrawn from the market

27 homes are Under Contract at this time

5 Wallingford PA homes sold last week

Wallingford Homes Sold July 15, 2019 To July 21, 2019
ADDRESS TYPE BED BATH PRICE SETTLED DOM*
607 W Georgetown Road SNG 3 1.1 $300,000 07/15/19 7
639 Niblick Lane TOWN 3 2.1 $319,900 07/15/19 61
417 Oak Valley Road SNG 3 2.0 $440,000 07/15/19 28
6 Brye Lane SNG 3 1.0 $320,000 07/19/19 51
727 Hemlock Road SNG 4 2.1 $480,000 07/19/19 64
AVERAGE       $371,980   42

All 5 homes sold with a Seller Assist

– 607 W Georgetown Road – $15,000

– 639 Niblick Lane – $2,500

– 417 Oak Valley Road – $5,500

– 6 Brye Lane – $3,000

– 727 Hemlock Road – $500

 

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 8, 2019 To July 14, 2019

by

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 56 homes listed for sale in Wallingford PA and Nether Providence Township on July 16, 2019 with an average asking price of $462,775.

In just a few months, home shoppers may begin to see a drop in the number of homes for sale, which could lead to the return of bidding wars and quicker home sales, a new report from realtor.com® predicts.

Realtor.com® researchers predict a major shift to occur in the housing market that will affect buyers’ bargaining power well into 2020. With high demand for the limited number of homes for sale, buyers may need to be braced to pay higher home prices.

The U.S. median listing price in June reached its highest point of the year at $316,000. Properties in June spent an average of 56 days on the market, a two-day increase from a year ago.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 56 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$462,775 $394,750 $104,000 $999,900 88
Single Home Market Snapshot – 44 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$535,175 $479,000 $165,000 $999,900 89
Townhouse Market Snapshot – 4 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$313,250 $314,000 $275,000 $350,000 154
Condo Market Snapshot – 6 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$120,967 $121,750 $104,000 $135,900 57
Twin Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$240,000 $240,000 $240,000 $240,000 27
Row Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$148,900 $148,900 $148,900 $148,900 19

*DOM = Days On Market

5 Wallingford PA homes went under contract

2 new listings came onto the market

No listings expired

No listings were withdrawn from the market

32 homes are Under Contract at this time

4 Wallingford PA homes sold last week

Wallingford Homes Sold July 8, 2019 To July 14, 2019
ADDRESS TYPE BED BATH PRICE SETTLED DOM*
412 Sheffield Drive SNG 3 1.1 $258,000 07/08/19 5
104 Brent Drive SNG 3 2.1 $372,500 07/08/19 75
711Hemlock Road SNG 5 3.1 $724,000 07/12/19 79
301 Sykes Lane SNG 4 2.1 $560,000 07/12/19 109
AVERAGE       $478,625   67

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 1, 2019 To July 7, 2019

by

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 62 homes listed for sale in Wallingford PA and Nether Providence Township on July 9, 2019 with an average asking price of $464,600.

Commute time is an important factor to buyers when they’re deciding on a home to purchase. Eighty-five percent of buyers say they would sacrifice other home features, such as lot size, square footage, and home style, in order to shorten their commute to work, according to a survey of more than 600 realtor.com® users. Forty percent say they are looking to reduce their commute time by up to 45 minutes.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 62 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$464,600 $419,950 $104,000 $999,000 79
Single Home Market Snapshot – 49 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$533,012 $485,000 $129,900 $999,000 80
Townhouse Market Snapshot – 5 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$314,580 $319,000 $275,000 $350,000 128
Condo Market Snapshot – 6 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$120,967 $121,750 $104,000 $135,900 50
Twin Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$240,000 $240,000 $240,000 $240,000 20
Row Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$148,900 $148,900 $148,900 $148,900 19

*DOM = Days On Market

5 Wallingford PA homes went under contract

1 new listing came onto the market

1 listing expired

2 listings were withdrawn from the market

33 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold July 1, 2019 To July 7, 2019
ADDRESS TYPE BED BATH PRICE SETTLED DOM*
204 Martroy Lane SNG 4 2.1 $481,000 07/01/19 19
202 Woodcrest Road SNG 3 1.1 $374,000 07/02/19 7
AVERAGE       $427,500   13

204 Martroy Lane sold with a $10,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – June 24, 2019 To June 30, 2019

by

Wallingford PA Real Estate - Wallingford - Wallingford Market Review

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 62 homes listed for sale in Wallingford PA and Nether Providence Township on July 2, 2019 with an average asking price of $459,565.

For the seventh time in the last nine weeks, the 30-year fixed-rate mortgage dropped, reaching the lowest average since November 2016, Freddie Mac reports in its weekly mortgage market survey.

Freddie Mac reports the following national averages with mortgage rates for the week ending June 27:

  • 30-year fixed-rate mortgages: averaged 3.73%, with an average 0.5 point, falling from last week’s 3.84% average. Last year at this time, 30-year rates averaged 4.55%
  • 15-year fixed-rate mortgages: averaged 3.16%, with an average 0.5 point, falling from last week’s 3.25% average. A year ago, 15-year rates averaged 4.04%.
  • 5-year hybrid adjustable-rate mortgages: averaged 3.39%, with an average 0.4 point, falling from last week’s 3.48% average. A year ago, 5-year ARMs averaged 3.87%.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 62 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$459,565 $419,950 $104,000 $999,000 74
Single Home Market Snapshot – 50 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$522,489 $480,000 $129,900 $999,000 74
Townhouse Market Snapshot – 4 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$313,475 $314,450 $275,000 $350,000 152
Condo Market Snapshot – 8 Listings
AVERAGE MEDIAN LOW HIGH DOM*
$125,713 $129,950 $104,000 $145,900 55
Twin Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$240,000 $240,000 $240,000 $240,000 13
Row Market Snapshot – 1 Listing
AVERAGE MEDIAN LOW HIGH DOM*
$148,000 $148,000 $148,000 $148,900 12

*DOM = Days On Market

5 Wallingford PA homes went under contract

4 new listings came onto the market

No listings expired

2 listing were withdrawn from the market

31 homes are Under Contract at this time

11 Wallingford PA homes sold last week

Wallingford Homes Sold June 24, 2019 To June 30 2019
ADDRESS TYPE BED BATH PRICE SETTLED DOM*
6 Gearys Lane SNG 4 4.0 $485,000 06/24/19 16
36 Brookside Road SNG 5 5.1 $825,000 06/25/19 3
107 Blakeley Road TWIN 3 2.0 $208,900 06/25/19 33
412 Hawthorne Road SNG 3 2.0 $425,000 06/26/19 32
405 Blakeley Road SNG 3 2.0 $231,000 06/26/19 7
309 Scott Lane SNG 4 1.1 $260,000 06/27/19 3
700 Avondale Road PH5 CONDO 1 1.0 $112,500 06/27/19 75
803 Springhaven Drive SNG 4 3.1 $660,000 06/27/19 6
5 Green Valley Road SNG 3 2.0 $415,000 06/27/19 21
26 Furness Lane SNG 4 3.0 $600,000 06/28/19 51
205 Walnut Road SNG 3 2.1 $288,000 06/28/19 77
AVERAGE       $410,036   29

3 homes sold with a  Seller Assist

– 6 Gearys Lane – $4,000

– 36 Brookside Road – $745

– 5 Green Valley Road – $6,000

Wallingford PA Real Estate – Wallingford, PA 19086

S. Clark Kendus

Sales Associate

Cavanagh Real Estate
112 West Front Street
Media, PA 19063
Cell: (610)-322-6734
Office: (610) 565-4100

Cavanagh Real Estate Logo

Fair housing logo

Skip to content