A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 31 homes listed for sale in Wallingford PA and Nether Providence Township on October 27, 2020 with an average asking price of $494,989.
Home sales are rapidly increasing during the pandemic, but the most dramatic spike is occurring at the top of the market. Sales of homes costing $1 million or more have more than doubled since last year. “I don’t ever recall home sales doubling in a 12-month time span,” Lawrence Yun, chief economist for the National Association of REALTORS®, told NPR. This is “very unusual.”
Home sales in luxury vacation hotspots have accelerated since July—up 34% year over year in September, NAR reports. “The uncertainty about when the pandemic will end, coupled with the ability to work from home, appears to have boosted sales in summer resort regions, including Lake Tahoe, the Mid-Atlantic beaches, and the Jersey Shore areas,” Yun said last week in reporting the latest existing-home sales.
Housing analysts say the real estate market is revealing a tale of two markets: the haves and have-nots. For those still holding onto their jobs in the pandemic, they may have never felt richer. On the other hand, those who may have lost their jobs are struggling to make rent or mortgage payments.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
*DOM = Days On Market
4 Wallingford PA homes went under contract
5 new listings came onto the market
1 listing was withdrawn from the market
1 listing was temporarily taken off the market
No listings expired
38 homes are Under Contract at this time
2 Wallingford PA homes sold last week
|110 Avonbrook Road||SNG||4||3.1||$635,000||10/23/20||1|
|3 Church Road||SNG||3||2.1||$685,000||10/23/20||4|
1 home sold with a Seller Assist
– 110 Avonbrook Road – $25,000
Wallingford PA Real Estate – Wallingford, PA 19086