Clark Kendus – Page 5

Wallingford PA Real Estate – January 1, 2024 To January 7, 2024

January 9, 2024 by admin

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

There are 16 homes listed for sale – 11 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 9, 2024 with an average asking price of $537,454.

In 2023, homebuyers were largely met with tight inventory, surging interest rates, and record-high prices. But, according to experts, 2024 may be turning over a new – and better – leaf.

“The worst in home sales is over. The worst in housing affordability is over. This year will be a year of home sales recovery,” Lawrence Yun, chief economist at the National Association of Realtors, told FOX Television Stations.

According to data mortgage rates continue to drop to more manageable levels for homebuyers, declining for nine consecutive weeks and potentially dropping further in 2024

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 16 Listings
*11 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$537,454	$514,950	$261,960	$895,000	42

Single Home Market Snapshot – 11 Listings
*8 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$614,782	$629,000	$350,000	$895,000	39

Twin Home Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$364,900	$364,900	$319,900	$409,900	54

Townhouse Market Snapshot – 3 Listings
*1 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$368,953	$299,900	$261,960	$545,000	47

4 Wallingford PA homes went under contract

3 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

11 homes are Under Contract at this time

1 Wallingford PA home sold last week

**Wallingford Homes Sold January 1, 2024 To January 7, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
703 Oxford Lane	SNG	4	2.1	$560,000	01/05/24	5
AVERAGE				$560,000		5

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – December 2023

January 6, 2024 by admin

Wallingford PA Real Estate - Neighborhood Santa - Courtesy Of Garden City Fire Dept

Santa Visiting The Neighborhoods With The Garden City Fire Department

The year 2023 finishes with 13 home sales in Wallingford PA in December the same total as last year. The average selling price rose 20.0% to $451,492 from $376,354. Sales consisted of 11 single family homes and 2 townhouse in The Mills @ Rose Valley. Homes sold during the month spent an average of 32 days on the market.

December’s 11 single family homes sold for an average price of $434,491 vs an average selling price of $446,125 in 2022 as the result of 8 sales.

206 Martroy Lane had the highest selling price for the month at $610,000.

Just 1 home went under contract during the month.

There are 6 settlements scheduled in January, 1 in February, and 1 in November

The year 2023 concludes with 166 closed transactions down 55 units from 2023. The average selling price for Wallingford homes in 2023 increased 7.8% to $459,285 over last year’s $425,979.

**Wallingford Homes Sold December 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
303 Highland Avenue	SNG	3	2.0	$425,000	12/07/23	6
503 Media Parkway	SNG	3	1.0	$345,000	12/08/23	7
608 Rockbourne Court	TOWN	4	3.1	$505,000	12/08/23	33
1014 S Providence Road	TOWN	3	2.1	$510000	12/08/23	76
403 Media Parkway	SNG	3	2.0	$264,000	12/11/23	7
202 Hillsboro Mills Lane	TOWN	4	3.1	$585,000	12/12/23	7
318 Highland Avenue	SNG	4	2.0	$431,000	12/13/23	36
726 W Brookhaven Road	SNG	3	2.1	$505,000	12/21/23	126
311 Chestnut Parkway	TOWN	3	2.0	$320,000	12/22/23	6
206 Martroy Lane	SNG	5	3.0	$610,000	12/28/23	4
116 Cameron Drive	SNG	4	2.0	$424,900	12/28/23	4
300 Barry Lane	SNG	4	2.0	$483,500	12/28/23	29
227 Canterbury Drive	SNG	4	1.1	$405,000	12/28/23	78
AVERAGE				$451,492		32

* DOM = Days On Market

4 of 13 transactions sold with a Seller Assist:

– 1014 S Providence Road – $30,000

– 726 W Brookhaven Road – $13,770

– 311 Chestnut Parkway – $9,600

– 116 Cameron Drive – $3,000

Financing Methods

– Conventional Mortgage -8 transactions

– Cash -4 transactions

– FHA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – DECEMBER 2023 – 11 SALES**
Avg Price	Median Price	Low	High	DOM*
$434,491	$424,900	$320,000	$610,000	34

**WALLINGFORD TOWNHOUSES – DECEMBER 2023 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$545,000	$545,000	$505,000	$585,000	20

**WALLINGFORD – DECEMBER 2022 VS DECEMBER 2023**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	13	$376,354	30	94.4%	98.1%
2023	13	$451,492	32	98.7%	102.1%
	0.0%	20.0%	6.7%	4.3%	4.0%

* DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – December 25, 2023 To December 31, 2023

January 2, 2024 by admin

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

There are 17 homes listed for sale – 14 Active listings and 3 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 2, 2024 with an average asking price of $522,415.

With many buyers forced out of the market, the housing market continued its second consecutive year of slowdown in 2023. Although housing inventory is above the 1.1 million homes available for sale in 2023, data shows that these additional homes weren’t enough to accommodate housing demand, albeit lower than the previous year.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 17 Listings
*14 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$522,415	$499,900	$261,960	$895,000	39

Single Home Market Snapshot – 12 Listings
*11 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$609,125	$579,500	$369,999	$895,000	42

Twin Home Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$364,900	$364,900	$319,900	$409,900	47

Townhouse Market Snapshot – 3 Listings
*1 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$280,587	$279,900	$261,960	$299,900	19

1 Wallingford PA home went under contract

No new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

2 listings expired

9 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold December 25, 2023 To December 31, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
206 Martroy Lane	SNG	5	3.0	$610,000	12/28/23	4
116 Cameron Drive	SNG	4	2.0	$424,900	12/28/23	4
300 Barry Lane	SNG	4	2.0	$483,500	12/28/23	29
227 Canterbury Drive	SNG	4	1.1	$405,000	12/28/23	78
AVERAGE				$480,850		29

116 Cameron Drive sold with a $3,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – December 18, 2023 To December 24, 2023

December 26, 2023 by admin

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

There are 17 homes listed for sale – 13 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 26, 2023 with an average asking price of $530,068.

Existing home sales increased 0.8% last month to a seasonally adjusted annual rate of 3.82 million units, ending five straight monthly decreases, the National Association of Realtors reported last week.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 17 Listings
*13 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$530,068	$499,900	$261,960	$895,000	39

Single Home Market Snapshot – 12 Listings
*10 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$619,967	$619,500	$369,999	$895,000	44

Twin Home Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$364,900	$364,900	$319,900	$409,900	40

Townhouse Market Snapshot – 3 Listings
*1 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$280,587	$279,900	$261,960	$299,900	17

No Wallingford PA homes went under contract

1 new listing came onto the market

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

12 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold December 18, 2023 To December 24, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
726 W Brookhaven Road	SNG	3	2.1	$505,000	12/21/23	126
311 Chestnut Parkway	TOWN	3	2.0	$320,000	12/22/23	6
AVERAGE				$412,500		66

Both homes sold with a Seller Assist

– 726 W Brookhaven Road – $13,770

– 311 Chestnut Parkway – $9,600

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – November 2023

December 20, 2023 by admin

Longwood Gardens - Christmas 2023 — Christmas At Longwood – 2023

November home sales in Wallingford PA decreased by 2 homes compared to last year with with 16 closed transactions. The average selling price increased $74,291 – a 20.2% over last year to $442,650. Sales consisted of 6 single family homes, 3 townhouses, 2 condos, and 5 twin homes.

November’s 6 single family homes sold for an average price of $660,500 and averaged 24 days on the market. Last November there were 8 single family home sales that sold for an average price of $438,613 and spent an average of 33 days on market.

120 Turner Road had the highest selling price for the month at $1,000,000.

With 1 month remaining in the year 2023 sales are substantially behind the pace of the results of 2022 for the same time period. Year to date in 2023 there have been 153 closed transactions, last year 208 homes had sold in the same time frame. The average selling price has seen an increase of 7.2% over last’s year’s $429,081 – to $459,947 in 2023.

Thirteen listings went under contract during the month – 8 single family homes, 4 townhouse, and 1 condo – with an average asking price of $396,031 and averaged 26 Days On Market.

There are 15 settlements scheduled – 9 in December, 5 in January, and 1 in November 2024.

**Wallingford Homes Sold November 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
624 Morris Lane	SNG	4	3.0	$565,000	11/01/23	26
701 Raleigh Court	ROW	3	1.0	$180,000	11/03/23	5
807 Washington Avenue	TWIN	3	1.1	$370,900	11/03/23	68
521 South Media Way	TOWN	2	2.0	$370,000	11/07/23	7
836B Putnam Blvd	CONDO	2	1.0	$211,000	11/07/23	3
1179 Putnam Blvd	TOWN	2	2.1	$242,499	11/09/23	8
124 Westminster Drive	SNG	4	1.1	$484,000	11/10/23	79
434 Vernon Street	TWIN	3	1.1	$420,000	11/16/23	37
615 E Wiltshire Drive	TWIN	3	2.1	$370,000	11/20/23	5
120 Turner Road	SNG	3	2.1	$1,000,000	11/22/23	0
8 Waterford Way	SNG	4	2.1	$609,000	11/27/23	4
521 Vernon Street	TWIN	3	2.0	$325,000	11/28/23	4
110 Blackthorn Road	SNG	4	2.1	$880,000	11/28/23	8
718B Putnam Blvd	CONDO	2	1.0	$210,000	11/29/23	4
814 Pine Road	SNG	3	2.0	$425,000	11/29/23	28
432 Vernon Street	SNG	3	1.1	$420,000	11/30/23	53
AVERAGE				$442,650		21

* DOM = Days On Market

2 of 16 transactions had a Seller Assist:

– 807 Washington Avenue – $11,000

– 110 Blackthorn Road – $15,000

– Financing Methods

– Conventional Mortgage – 12 transactions

– Cash – 6 transactions

**WALLINGFORD SINGLE HOMES – NOVEMBER 2023 – 6 SALES**
Avg Price	Median Price	Low	High	DOM*
$660,500	$587,000	$425,000	$1,000,000	24

**WALLINGFORD TOWNHOUSES – NOVEMBER 2023 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$264,166	$242,299	$180,000	$370,000	7

**WALLINGFORD CONDOS – NOVEMBER 2023 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$210,500	$210,500	$210,000	$211,000	4

**WALLINGFORD TWINS – NOVEMBER 2023 -5 SALES**
Avg Price	Median Price	Low	High	DOM*
$381,180	$370,900	$325,000	$420,000	33

**WALLINGFORD – NOVEMBER 2022 VS NOVEMBER 2023**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	18	$368,359	17	99.6%	99.2%
2023	16	$442,650	21	100.7%	101.4%
	-11.1%	20.2%	23.5%	1.1%	2.2%

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus