Nether Providence Elementary School Construction Project Underway
May 2013 sales in Wallingford PA were up by 1 home over May 2012, with 19 homes being sold. There were 12 single detached homes sold, 4 condos, and 3 townhouses.
The average sales price came in at $257,306, which represented a 19.7% decrease over last year, and the median sales price was $276,805. A bit disappointing given the April average price stood at $360,047. Many people are asking are we in a rebounding market. We have yet to post increasing prices for a meaningful number of months, at least 4 months, better still 6 months, that would signal a recovering market. The market is wavering month to month. The listing history illustrated in the chart below shows some weakness in listing prices, for the month it demonstrated a downward trend.
WALLINGFORD PA HOMES SOLD – MAY 2013
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
418 Oak Valley Road |
4 |
2.0 |
$276,805 |
283 |
05/01/2013 |
|
126 Dundee Mills Lane |
3 |
2.5 |
$307,000 |
369 |
05/01/2013 |
|
26 Brookside Road |
4 |
2.0 |
$495,000 |
4 |
05/01//2013 |
|
103 Walnut Road |
3 |
1.5 |
$160,000 |
117 |
05/03/2013 |
|
700 Avondale Road #4A |
2 |
2.0 |
$113,800 |
923 |
05/14/2013 |
|
207 Ridgewood Road |
3 |
1.2 |
$325,000 |
233 |
05/15/2013 |
|
344A Saybrook Lane |
2 |
1.0 |
$97,500 |
285 |
05/16/2013 |
|
817 Parkridge Drive |
4 |
3.5 |
$395,000 |
7 |
05/17/2013 |
|
716B Putnam Blvd |
2 |
1.0 |
$83,000 |
94 |
05/20/2013 |
|
306 Highland Avenue |
3 |
2.0 |
$317,000 |
16 |
05/20/2013 |
|
625 Georgetown Road |
3 |
1.5 |
$145,000 |
13 |
05/23/2013 |
|
218 Hillsboro Mills Lane |
3 |
2.2 |
$360,000 |
504 |
05/24/2013 |
|
205 Governors Drive |
4 |
2.2 |
$300,000 |
3 |
05/24/2013 |
|
1214 Putnam Blvd |
3 |
2.2 |
$220,000 |
3 |
05/24/2013 |
|
101 Ash Road |
3 |
1.5 |
$189,500 |
10 |
05/30/2013 |
|
29 Waterford Way |
5 |
2.5 |
$383,500 |
277 |
05/30/2013 |
|
214 Moylan Avenue |
4 |
3.0 |
$407,200 |
259 |
05/31/2013 |
|
308 Governors Drive |
3 |
1.5 |
$211,000 |
187 |
05/31/2013 |
|
354B Saybrook Lane |
2 |
1.0 |
$102,500 |
179 |
05/31/2013 |
* DOM = Days On Market
Ten of the 19 Wallingford PA homes sold in May 2013 had a Seller Assist:
– 418 Oak Valley Road – $8,304
– 26 Brookside Road – $15,000
– 700 Avondale Road #4A – $3,414
– 344A Saybrook Lane – $600
– 817 Parkridge Road – $10,000
– 306 Highland Avenue – $9,510
– 1214 Putnam Blvd – $3,000
– 101 Ash Road – $7,880
– 214 Moylan Avenue – $7,200
– 208 Governors Drive – $6,000
Financing Methods
– Conventional Mortgage -12 transactions
– FHA Mortgage – 3 transactions
– VA Mortgage – 2 transactions
– Cash – 2 transactions
There was 1 distressed sale this month – a Foreclosure – 625 Georgetown Road
Wallingford PA Single/Twin Homes Sold May 2013 – 12 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $300,417 | $308,500 | $145,000 | $495,000 | 117 |
Wallingford PA Townhouse/Condos Sold May 2013 – 7 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $183,400 | $113,800 | $83,000 | $360,000 | 337 |
WALLINGFORD PA – MAY 2012 VS MAY 2013
|
SALES |
AVERAGE |
DOM* |
STL TO ORIG |
STL TO LAST |
|
|
2012 |
18 |
$320,472 |
151 |
N/A |
94.57% |
|
2013 |
19 |
$257,306 |
198 |
91.47% |
95.09% |
|
5.6% |
-19.7% |
31.1% |
N/A |
0.52% |
* DOM = Days On Market
Looking ahead to upcoming activity, there are 20 homes scheduled to settle in June, 4 in June, 2 in August and 1 in September.
Wallingford May 2013 Listing Price Track
Wallingford May 2013 Listing Price History
Wallingford PA Real Estate – Wallingford, PA 19086
