Winter Window Decorations At Wallingford Elementary School
February 2014 recorded 12 closed sales in Wallingford PA which surpasses last year monthly total by 2 homes, a good showing for a typically slow month that has averaged 8 sales over the past 6 years. February was noteworthy in that it saw the sale of a $1 million plus property which is a rather unusual occurrence locally – the last one recorded was in 2007. There was also an unusual amount of activity in the higher end of the Wallingford townhouse market with a sale in Mallard Mill Run, Avondale Springs, and Mills @ Rose Valley.
The average price for single homes was skewed by the million dollar sale and came in at $502,720, but thanks to an unusual single home sales spike last February that included 3 homes that exceeded $650K and averaged $526,613, statistically the average price was down by 4.5% for the core single family home category.
The overall average sale price during February dropped 26.6% when compared to last year.
Single homes fared well in respect to Days On Market, averaging only 66 days, with 5 going under contract in less than 4 weeks.
WALLINGFORD PA HOMES SOLD – FEBRUARY 2014
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
1018 S Beech Road |
8 |
5.2 |
$1,150,000 |
158 |
02/04/14 |
|
1000 Putnam Blvd #302 |
3 |
2.0 |
$147,500 |
79 |
02/05/14 |
|
1000 Putnam Blvd #201 |
2 |
2.0 |
$105,000 |
831 |
02/07/14 |
|
308 Woodridge Lane |
3 |
2.1 |
$379,900 |
23 |
02/07/14 |
|
621 Vernon Street |
5 |
1.0 |
$53,000 |
3 |
02/12/14 |
|
1149 Putnam Blvd |
2 |
2.1 |
$155,000 |
183 |
02/14/14 |
|
709 Kincaid Mills Lane |
4 |
3.1 |
$440,000 |
106 |
02/27/14 |
|
113 Beatty Road |
4 |
2.1 |
$405,000 |
7 |
02/27/14 |
|
28 Medbury Lane |
4 |
2.1 |
$384,000 |
19 |
02/28/14 |
|
6 Mallard Mill Run |
2 |
2.0 |
$258,000 |
291 |
02/28/14 |
|
660 Niblick Lane |
4 |
2.5 |
$293,500 |
24 |
02/28/14 |
|
9 Leslie Lane |
4 |
2.0 |
$195,000 |
122 |
02/28/14 |
* DOM = Days On Market
Three of the 12 Wallingford PA homes sold in February 2014 had a Seller Assist:
– 309 Woodridge Lane – $9,900
– 28 Medbury Lane – $4,000
– 660 Niblick Lane – $1,750
Financing Methods
– Conventional Mortgage – 6 transactions
– Cash – 5 transactions
– Other/Private – 1 transaction
There were no distressed property sales in February
Wallingford PA Single Homes Sold February 2014 – 5 Sales
| Avg Price | Median Price | Low | High | DOM |
| $502,780 | $384,000 | $195,000 | $1,150,000 | 66 |
Wallingford PA Twin Homes Sold February 2014- 1 Sale
| Avg Price | Median Price | Low | High | DOM |
| $53,000 | $53,000 | $53,000 | $50,000 | 3 |
Wallingford PA Townhomes Sold February 2014- 4 Sales
| Avg Price | Median Price | Low | High | DOM |
| $286,625 | $275,750 | $155,000 | $440,000 | 151 |
Wallingford PA Condos Sold February 2014- 2 Sales
| Avg Price | Median Price | Low | High | DOM |
| $126,250 | $126,250 | $105,000 | $147,500 | 455 |
WALLINGFORD PA – FEBRUARY 2013 VS FEBRUARY 2014
|
SALES |
AVERAGE |
DOM* |
STL TO ORIG |
STL TO LAST |
|
|
2013 |
10 |
$449,290 |
93 |
89.25% |
95.05% |
|
2014 |
12 |
$330,492 |
154 |
94.23% |
95.47% |
|
20.0% |
-26.6% |
66.6% |
4.98% |
0.42% |
* DOM = Days On Market
Looking ahead to upcoming activity, there are 12 homes scheduled to settle in March, 5 in April, 1 in May, and 2 in June.
Wallingford PA Real Estate – Wallingford, PA 19086
