Possum Hollow Road Sidewalk Construction Began In January
WALLINGFORD PA REAL ESTATE – JANUARY 2013
January 2013 sales posted a 2 home sales increase over the same month of the previous year, with 8 Wallingford PA homes sold in January 2013 vs 6 sales in January 2012. The average sales price soared up 65.6% over last year, although the length of time it took to sell went up to 203 days vs 172 last year.
There were 8 Wallingford PA homes sold in January 2013.
WALLINGFORD PA HOMES SOLD – JANUARY 2013
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
15 Ridley Drive |
3 |
2.5 |
$190,000 |
156 |
01/02/2013 |
|
8 Copples Lane |
3 |
1.5 |
$326,250 |
65 |
01/04/2013 |
|
1000 Putnam Blvd – #401 |
2 |
2.0 |
$155,000 |
308 |
01/15/2013 |
|
305 Bickmore Drive |
3 |
2.5 |
$290,000 |
584 |
01/24/2013 |
|
5 Brookside Road |
4 |
4.0 |
$505,500 |
124 |
01/30/2013 |
|
1084 Putnam Blvd |
3 |
2.5 |
$160,000 |
4 |
01/30/2013 |
|
309 Henry Lane |
4 |
2.0 |
$217,000 |
254 |
01/31/2013 |
|
651 Niblick Lane |
3 |
2.5 |
$269.900 |
130 |
01/31/2013 |
* DOM = Days On Market
These 8 Wallingford PA homes were on the market an average of 203 days, with the average sold price representing 86.84% of the original asking price, and 94.43% of the last asking price. The median sale price came in at $243,450.
Financing Methods
– Cash – 4 transactions
– Conventional – 2 transactions
– FHA – 1 transaction
– Private – 1 transaction
A Seller Assist was utilized in 2 of the 8 Wallingford PA homes sold in January 2013.
– 305 Bickmore Drive – $9,000
– 5 Brookside Road – $1,500
No foreclosure or short sales were reported.
Wallingford PA Single Homes – January 2013 – 5 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $305,750 | $290,000 | $190,000 | $505,500 | 237 |
Wallingford PA Townhouse/Condos – January 2013 – 3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $194,967 | $160,000 | $155,000 | $269,900 | 147 |
Total Wallingford PA January 2013 Activity vs January 2012
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2012 | 6 | $159,583 | 172 | 84.43% | 89.10% |
| 2013 | 8 | $264,206 | 203 | 86.84% | 94.43% |
| 33.3% | 65.6% | 18.0% | 2.41% | 5.33% |
Looking ahead there are 10 settlements scheduled in February, 6 in March, and 1 in April.
Taking a look at the numbers associated with the current inventory on the market shows a weekly rise in both the average listing and median listing price of Wallingford PA homes during January 2013. A cautionary note – a rise in average asking prices does not necessarily translate to an increase in selling prices. The market as always will dictate if we are to see a rise in home prices locally.
January 2013 Listing Averages By Week
|
DATE |
LISTINGS |
AVERAGE |
MEDIAN |
DOM** |
|
01/07/13 |
84 |
$282,575 |
$239,450 |
207 |
|
01/14/13 |
79 |
$286,492 |
$239,900 |
216 |
|
01/22/13 |
79 |
$291,940 |
$239,900 |
227 |
|
01/28/13 |
82 |
$302,368 |
$259,900 |
212 |
|
AVG |
81 |
$290,844 |
$244,788 |
216 |
** = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
