May Signaled The Start Of Swim Season At Creeekside Swim Club
May 2015 posted 33 sales totaling over $10,300,000 in real estate. The average sales price in May 2015 came in at $323,706 which is a 20.9% increase over last year. Volume in May was 50% higher than last year when 22 homes were sold. The 33 sales were comprised of 23 single family homes, 5 townhouses, 5 condos.
The 33 homes sold during the month was an impressive number, easily surpassing monthly sales units for May recorded during the peak years of 2005 to 2007 when 20, 21, and 26 homes sold respectively.
The 23 single family homes sold for an average price of $366,543 and averaged 94 days on the market. Last May 15 single family homes sold for an average price of $315,147 and averaged 107 days on the market.
The highest selling price for the month was $800,000 for 401 Crumwald Lane.
There were 20 listings that went under contract during the month – 14 single family homes, 4 condos, 2 townhomes condos. The average asking price was $294,470.
There are are 26 settlements scheduled with for June, 8 in July, and 1 in August.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 711 Kincaid Mills Lane | 3 | 3.1 | $409,500 | 05/01/15 | 110 |
| 203 Fairfield Drive | 5 | 2.1 | $394,000 | 05/04/15 | 12 |
| 7 Pine Road | 4 | 2.1 | $367,500 | 05/05/15 | 232 |
| 826A Putnam Blvd | 2 | 1.0 | $115,000 | 05/07/15 | 7 |
| 739 Pine Ridge Road | 3 | 2.1 | $183,000 | 05/08/15 | 48 |
| 508 Ryanard Road | 3 | 3.0 | $226,000 | 05/11/15 | 3 |
| 14 E Possum Hollow Road | 3 | 2.1 | $355,000 | 05/12/15 | 9 |
| 736 W Brookhaven Road | 4 | 1.1 | $230,000 | 05/12/15 | 18 |
| 36 Brookside Road | 4 | 3.1 | $714,584 | 05/12/15 | 125 |
| 222 Hillsboro Mills Lane | 3 | 3.1 | $420,000 | 05/13/15 | 282 |
| 302 Copples Lane | 4 | 3.0 | $353,500 | 05/13/15 | 74 |
| 500 Media Parkway | 4 | 1.0 | $155,000 | 05/14/15 | 301 |
| 105 W Brookhaven Road | 4 | 2.0 | $325,000 | 05/15/15 | 159 |
| 804 Ridge Lane | 3 | 3.1 | $479,000 | 05/15/15 | 182 |
| 929 Putnam Blvd | 3 | 2.1 | $203,000 | 05/15/15 | 103 |
| 205 Moore Road | 4 | 2.1 | $335,000 | 05/15/15 | 78 |
| 301 Chestnut Parkway | 2 | 1.1 | $260,000 | 05/15/15 | 10 |
| 724A Putnam Blvd | 2 | 1.0 | $89,000 | 05/18/15 | 158 |
| 732 Pine Ridge Road | 3 | 2.1 | $435,000 | 05/21/15 | 8 |
| 208 Woodward Road | 4 | 3.2 | $650,000 | 05/22/15 | 224 |
| 800 Avondale Road #2D | 3 | 2.0 | $124,900 | 05/22/15 | 15 |
| 300 Media Parkway | 3 | 1.1 | $230,000 | 05/22/15 | 19 |
| 617 W Brookhaven Road | 4 | 2.2 | $347,000 | 05/22/15 | 300 |
| 1044 Putnam Blvd | 2 | 2.1 | $171,000 | 05/22/15 | 94 |
| 1047 Putnam Blvd | 3 | 2.1 | $204,500 | 05/22/15 | 60 |
| 707 Pine Ridge Road | 4 | 2.1 | $449,900 | 05/26/15 | 7 |
| 911 Ash Road | 4 | 1.1 | $225,000 | 05/27/15 | 10 |
| 700 Avondale Road #3L | 2 | 2.0 | $110,000 | 05/27/15 | 107 |
| 401 Crumwald Lane | 5 | 4.1 | $800,000 | 05/27/15 | 43 |
| 611 Morris Lane | 6 | 3.1 | $367,500 | 05/28/15 | 6 |
| 11 Medbury Lane | 3 | 1.1 | $300,000 | 05/28/15 | 9 |
| 700 Avondale Road #6C | 2 | 2.0 | $100,000 | 05/29/15 | 172 |
| 103 W Brookhaven Road | 4 | 2.1 | $249,500 | 05/29/15 | 288 |
| AVERAGE | $323,706 | 99 |
* DOM = Days On Market
12 of 33 transactions had a Seller Assist:
– 14 E Possum Hollow Road – $3,380
– 302 Copples Lane – $10,000
– 500 Media Parkway – $9,300
– 105 W Brookhaven Road – $9,750
– 804 Ridge Lane – $10,300
– 732 Pine Ridge Road – $13,050
– 300 Media Parkway – $4,500
– 617 W Brookhaven Road – $13,880
– 1047 Putnam Blvd – $4,500
– 911 Ash Road – $1,500
– 401 Crumwald Lane – $10,000
– 103 W Brookhaven Road – $14,960
Financing Methods
– Conventional Mortgage – 20 transactions
– Cash – 5 transactions
– FHA Mortgage – 4 transactions
– VA – 2 transactions
– Assumption – 1 transaction
– Other – 1 transaction
There was 1 distressed sale during May – 739 Pine Ride Road was a Foreclosure sale.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $366,543 | $347,000 | $155,000 | $800,000 | 94 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $281,600 | $204,500 | $171,000 | $420,000 | 130 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $107,780 | $110,000 | $89,000 | $124,900 | 92 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2014 | 22 | $267,550 | 134 | 94.58% | 96.51% |
| 2015 | 33 | $323,706 | 99 | 94.44% | 96.41% |
| 50.0% | 20.9% | -26.12% | -0.14% | -0.10% |
Wallingford PA Real Estate – Wallingford, PA 19086
