WALLINGFORD PA REAL ESTATE – APRIL 2012
April 2012 Wallingford PA sales were on even footing with April 2011 with 14 homes sold. The average selling price was slightly under last year’s average by -2.8%, coming in at $241,250. The time it took to go under contract saw a big increase of over 100%, from 118 days last April to 238 days this April.
There were 14 Wallingford PA homes sold in April 2012.
WALLINGFORD PA HOMES SOLD – APRIL 2012
Address | Bed | Bath | Price | Settled |
111 Westminster Drive | 3 | 1.5 | $205,000 | 04/02/2012 |
608 East Wiltshire Drive | 3 | 2.5 | $113,500 | 04/05/2012 |
1059 Putnam Blvd | 2 | 2.5 | $153,500 | 04/10/2012 |
307 Highland Avenue | 3 | 2.5 | $238,000 | 04/18/2012 |
6 Brookside Road | 3 | 2.0 | $360,000 | 04/19/2012 |
503 Georgetown Road | 4 | 2.2 | $295,000 | 04/20/2012 |
706 Concord Court | 3 | 1.0 | $42,000 | 04/20/2012 |
316 Crestview Circle | 4 | 2.5 | $315,000 | 04/20/2012 |
10 Irving Road | 4 | 2.0 | $235,000 | 04/23/2012 |
800 Avondale Road – 6J | 3 | 2.0 | $138,000 | 04/23/2012 |
323 North Providence Road | 3 | 1.5 | $160,000 | 04/23/2012 |
807 Springlawn Drive | 4 | 2.2 | $527,500 | 04/26/2012 |
1302 Putnam Blvd | 3 | 2.5 | $210,000 | 04/26/2012 |
117 Meadow Lane | 4 | 3.0 | $385,000 | 04/27/2012 |
These 14 Wallingford PA homes sold at an average price representing 86.30% of the original asking price, and 94.02% of the last asking price.
Days On Market
– 111 Westminster Drive – 9 days
– 608 East Wiltshire Drive – 12 days
– 1059 Putnam Blvd – 485 days
– 307 Highland Avenue – 354 days
– 6 Brookside Drive – 256 days
– 503 Georgetown Road – 117 days
– 706 Concord Court – 109 days
– 316 Crestview Circle – 314 days
– 10 Irving Road – 493 days
– 800 Avondale Road – 6J – 205 days
– 323 North Providence Road – 422 days
– 807 Springlawn Drive – 121 days
– 1302 Putnam Blvd – 324 days
– 117 Meadow Lane – 45 days
Financing Methods
– Conventional Mortgage -10 transactions
– Cash – 3 transactions
– FHA Mortgage – 1 transaction
There was a Seller Assist associated with 5 of the 14 Wallingford PA homes sold in April 2012
– 608 East Wiltshire Drive – $3,405
– 307 Highland Avenue- $500
– 315 Crestview Circle – $11,000
– 800 Avondale Road – 6J – $500
608 East Wiltshire was reported as a foreclosure sale.
Wallingford April 2012 Activity vs April 2011
SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
2011 | 14 | $248,296 | 118 | 89.46% | 93.67% |
2012 | 14 | $241,250 | 238 | 86.30% | 94.02% |
0.0% | -2.8% | 101.6% | -3.16% | 0.35% |
During May 13 settlements are scheduled, 3 homes are slated to settle in June, and 1 is scheduled for both July and August.
SWARTHMORE REAL ESTATE – APRIL 2012
9 Swarthmore homes sold during the month of April 2012.
SWARTHMORE HOMES SOLD – APRIL 2012
Address | Bed | Bath | Price | Settled |
526 School Lane | 4 | 2.5 | $283,000 | 04/02/2012 |
801 Yale Avenue – Unit 1216 | 1 | 1.0 | $68,620 | 04/12/2012 |
801 Yale Avenue – Unit 1006 | 1 | 1.0 | $72,000 | 04/18/2012 |
511 Walnut Lane | 7 | 3.5 | $526,000 | 04/20/2012 |
617 Strath Haven Avenue | 4 | 3.2 | $510,000 | 04/20/2012 |
1026 Harvard Avenue | 3 | 1.5 | $240,000 | 04/23/2012 |
6 Swarthmore Place | 3 | 2.0 | $360,000 | 04/30/2012 |
401 Vassar Avenue | 3 | 2.5 | $495,000 | 04/30/2012 |
910 Mount Holyoke Place | 4 | 2.5 | $580,000 | 04/30/2012 |
April 2012 Swarthmore home sales increased by 5 units over April 2011. Nine Swarthmore homes sold for an average price of $349,291, an increase in the average price of $89,641 – 34.7% higher than last year, and were on the market an average of 59 days – a dramatic drop from April 2011. Selling prices represented 93.04% of original asking price.
Days On Market
– 526 School Lane – 136 days
– 801 Yale Avenue – Unit 1216 – 19 days
– 801 Yale Avenue – Unit 1006 – 188 days
– 511 Walnut Lane – 2 days
– 617 Strath Haven Avenue – 5 days
– 1026 Harvard Avenue – 51 days
– 6 Swarthmore Place – 22 days
– 501 Vassar Avenue – 88 days
– 910 Mount Holyoke – 17 days
Financing Methods
– Conventional Mortgage – 8 transactions
– Cash – 1 transaction
No distressed sales – Short Sales or Bank Owned Foreclosures were reported.
Swarthmore April 2012 Activity vs April 2011
SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
2011 | 4 | $258,650 | 250 | 77.32% | 88.27% |
2012 | 9 | $348,291 | 59 | 93.04% | 95.98% |
125.0% | 34.7% | -323.7% | 15.72% | 7.71% |
Looking ahead, 5 properties are schedule to settle in May, 3 in June, 1 in July and 1 in September.