The 4th quarter of 2013 in Wallingford PA saw a total of 39 homes sold coming in slightly ahead of last year by 2 homes, representing a 5.4% increase in sales. The average sales price increased to $298,526 an increase of 16.8% of $43,328 over the 4th quarter 2012. It also took a shorter time to sell a home this year, 15 days less on average that last year when Days On Market averaged 100.
October 2013 saw a total of 16 sales, November recorded 9 sales, and December was quite a busy month with 14 sales, the busiest December since 2005. This October to December stretch was the best 4th quarter since the height of the market in 2007 when there were 48 sales recorded. By the way the average price back then for the year’s final quarter stood at $351,451. Now it is back to reality and it a good sign that the market activity is consistently on the upswing.
As the year 2013 comes to a close sales for the year are significantly better than last year. In 2013 there were 189 Wallingford homes sold at an average selling price of $315,327 compared to 155 homes sold in 2012 at an average price of $266,643, which represents a healthy 21.9% gain in units and a 18.3% increase in average selling price. Happy New Year!
WALLINGFORD PA 4TH QUARTER 2013 VS 4TH QUARTER 2012
|
SALES |
AVERAGE |
DOM |
STL TO ORIG |
STL TO LAST |
|
|
2012 |
37 |
$255,198 |
100 |
89.85% |
95.17% |
|
2013 |
39 |
$298,526 |
85 |
92.31% |
95.99% |
|
5.4% |
16.8% |
-15.0% |
2.46% |
0.82% |
WALLINGFORD PA 4TH QUARTER 2013 SALES BY PRICE RANGE
Wallingford PA Single Homes Sold 4th Quarter 2013 – 30 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $336,067 | $310,000 | $135,000 | $670,000 | 57 |
Wallingford PA Townhouses Sold 4th Quarter 2013 – 3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $294,667 | $205,000 | $200,000 | $479,000 | 8 |
Wallingford PA Condos Sold 4th Quarter 2013 -4 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $103,375 | $102,500 | $66,000 | $142,500 | 153 |
Wallingford PA Twins Sold 4th Quarter 2013 -2 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $131,500 | $131,500 | $67,000 | $196,000 | 489 |
WALLINGFORD PA 4TH QUARTER 2013 MONTHLY SELLING PRICES
Wallingford PA Real Estate – Wallingford, PA 19086
