WALLINGFORD PA REAL ESTATE – SEPTEMBER 2012
There were 8 Wallingford PA homes sold during the month of September 2012, representing a substantial decrease in sales when compared to September 2011, when 15 homes sold. This is the second consecutive month that homes sales have decreased when compared to the same month of the previous year.
Through the first three quarters of 2012 the number of Wallingford PA homes sold has increased by 15 homes to 117 units, when compared to the same period last year.
WALLINGFORD PA HOMES SOLD – SEPTEMBER 2012
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
219 Plush Mill Road |
3 |
2.5 |
$460,000 |
77 |
09/07/2012 |
108 Media Parkway |
3 |
2.0 |
$123,699 |
81 |
09/11/2012 |
901 Winding Way |
4 |
3.2 |
$495,000 |
23 |
09/19/2012 |
700 Madison Court |
2 |
1.0 |
$31,000 |
69 |
09/20/2012 |
8 Willow Lane |
3 |
2.5 |
$460,000 |
68 |
09/24/2012 |
203 Emerald Lane |
3 |
1.0 |
$97,500 |
305 |
09/27/2012 |
9 Hickory Lane |
3 |
2.5 |
$320,000 |
10 |
09/28/2012 |
716 Beechwood Road |
4 |
2.5 |
$319,000 |
93 |
09/30/2012 |
* DOM = Days On Market
These 8 Wallingford PA homes sold at an average price of $288,275. Selling prices represented 80.66% of the original asking price, and 86.09% of the last asking price.
Financing Methods
– Conventional Mortgage – 5 transactions
– Cash – 2 transactions
– VA Mortgage – 1 transaction
Sellers granted a Seller Assist in 1 of the 8 Wallingford PA homes sold in September 2012.
– 716 Beechwood Road – $13,00
203 Emerald Lane was a Bank Owned Foreclosure.
Wallingford September 2012 Activity vs September 2011
SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
2011 | 15 | $282,227 | 100 | 89.39% | 93.31% |
2012 | 8 | $288,275 | 91 | 80.66% | 86.09% |
-53.3% | 2.14% | -9.0% | -8.73% | -7.22% |
In October 15 homes are scheduled to settle, 2 homes in November, and 1 in both December and January.
SWARTHMORE REAL ESTATE – SEPTEMBER 2012
September 2012 Swarthmore home sales bested September 2011 sales by 3 units. September 2012 Swarthmore homes sold for an average price of $367,343, and were on the market an average of 45 days. Selling prices represented 92.61% of original asking price, and 95.86% of the last asking price.
There were 7 Swarthmore PA homes sold during the month of September 2012.
SWARTHMORE HOMES SOLD – SEPTEMBER 2012
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
312 Ogden Avenue |
4 |
3.0 |
$530,000 |
9 |
09/06/2012 |
801 Yale Avenue – 108 |
3 |
2.0 |
$204,000 |
23 |
09/04/2012 |
203 Harvard Avenue |
3 |
1.5 |
$380,000 |
35 |
09/14/2012 |
641 North Chester Road |
5 |
3.2 |
$450,000 |
223 |
09/21/2012 |
204 Benjamin West Ave |
4 |
2.5 |
$456,000 |
5 |
09/26/2012 |
405 Strath Haven Ave |
4 |
2.5 |
$350,000 |
8 |
09/26/2012 |
107 Rutgers Avenue |
1 |
1.0 |
$80,000 |
10 |
09/28/2012 |
* DOM = Days On Market
Financing Methods
– Conventional Mortgage -3 transactions
– Cash – 3 transactions
– Other – 1 transaction
A Seller Assist was present in 2 of the 7 Swarthmore PA homes sold in Septembert 2012.
– 312 Ogden Avenue – $2,675
– 405 Strath Haven Avenue – $10,000
No distressed sales – Short Sales or Bank Owned Foreclosures were reported during August.
Swarthmore September 2012 Activity vs September 2011
SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
2011 | 4 | $399,375 | 234 | 91.14% | 94.95% |
2012 | 7 | $367,343 | 45 | 92.61% | 95.86% |
75.00% | -8.02% | -80.07% | 1.47% | 0.91% |
Looking ahead, 6 Swarthmore properties are scheduled to settle in October,2 in November, and 1 in January 2013.