November Afternoon – Thomas Leiper House
Wallingford PA home sales in November 2013 were weak, with 9 homes sold during the month. Historically you would have to go back to November 2005 to match that total. Over the past 7 years November has been a solid month with an average of 15 homes settling during the month for the previous 7 year stretch. This month also ends the streak of four consecutive month that the average price has posted an increase over the previous year.
The average selling price this month $258,000 as compared to $270,082 last year represents a 4.5% decrease.
The average price of the key category of single detached family homes decreased by 19.9% from $348,150 in 2012 to $279,000 this year.
WALLINGFORD PA HOMES SOLD – NOVEMBER 2013
|
700 Avondale Road #4E |
2 |
2.0 |
$90,000 |
127 |
11/01/13 |
|
103 Vernon Lane |
4 |
1.5 |
$310,000 |
16 |
11/01/13 |
|
802 Ridge Lane |
3 |
2.5 |
$390,000 |
2 |
11/07/13 |
|
603 Georgetown Road |
4 |
1.5 |
$170,000 |
89 |
11/11/13 |
|
903 S Providence Road |
4 |
2.5 |
$360,000 |
162 |
11/20/13 |
|
27 Willow Road |
3 |
2.0 |
$197,000 |
74 |
11/21/13 |
|
305 Governors Drive |
5 |
3.0 |
$290,000 |
16 |
11/25/13 |
|
300 Sykes Lane |
4 |
2.5 |
$380,000 |
37 |
11/26/13 |
|
607 Manchester Avenue |
2 |
1.0 |
$135,000 |
49 |
11/27/13 |
|
AVERAGE |
$258,000 |
64 |
* DOM = Days On Market
Three of the 9 Wallingford PA homes sold in November 2013 had a Seller Assist:
– 903 South Providence Road – $10,500
– 27 Willow Road – $4,000
– 305 Governors Drive – $7,000
Financing Methods
– Conventional Mortgage -5 transactions
– Cash – 3 transactions
– FHA Mortgage -1 transaction
There was 1 distressed property sale in November:
700 Avondale Road #4E was a Bank Owned Foreclosure.
Wallingford PA Single Homes Sold November 2013 – 8 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $279,000 | $300,000 | $135,000 | $390,000 | 56 |
Wallingford PA Condos Sold November 2013 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $90,000 | $90,000 | $90,000 | $90,000 | 127 |
WALLINGFORD PA – NOVEMBER 2012 VS NOVEMBER 2013
|
SALES |
AVERAGE |
DOM* |
STL TO ORIG |
STL TO LAST |
|
|
2012 |
11 |
$270,082 |
74 |
88.63% |
96.12% |
|
2013 |
9 |
$258,000 |
64 |
89.90% |
93.79% |
|
-18.2% |
-4.5% |
-13.5% |
1.27% |
-2.33% |
* DOM = Days On Market
Looking ahead to upcoming activity, there are 17 homes scheduled to settle in December, 3 in January, and 1 in February.
Wallingford PA Real Estate – Wallingford, PA 19086
