The 2nd quarter of 2015 in Wallingford PA saw a robust total of 83 homes sold beating last year’s quarterly numbers by 7 homes, an increase of 9.2%. The average sales price increased to $313,369 up from last year where it stood at $303,507, representing a 2.6% gain.
The 57 single family homes sold during the quarter equaled the volume from last year, but the average selling price increased by 5.9%from $353,133 to $373,852. Single homes posted a mere 58 days on the market during the quarter.
Overall average it took less time to sell during the months of April, May, and June, 11 days fewer then last year when Days On Market averaged 93 which represents a 11.8% decrease.
Halfway thorough 2015 the number of homes sold is 1 less than last year, with 114 homes selling through the end of June. The average selling price has seen an upswing from $283,295 for the first 6 months last year to $301,147 this year which amounts to a 6.3% increase.
There were 18 homes sold in April, 33 in May – which was the busiest May going back over 10 years, and 32 in June. The highest priced home sold in the 1st quarter was 401 Crumwald Lane Road that sold in May for $800,000.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2014 | 76 | $305,507 | 93 | 94.59% | 96.30% |
| 2015 | 83 | $313,369 | 82 | 94.90% | 96.63% |
| 9.2% | 2.6% | -11.8% | 0.31% | 0.33% |
2ND QUARTER 2015 – SALES BY PRICE RANGE
| PRICE RANGE | SALES |
|---|---|
| 0 To $100,000 | 5 |
| $100,000 To $200,000 | 16 |
| $200,000 To $300,000 | 22 |
| $300,000 To $400,000 | 18 |
| $400,000 To $500,000 | 14 |
| $500,000 To $600,000 | 3 |
| $600,000 To $700,000 | 2 |
| $700,000 To $800,000 | 2 |
| $800,000 + | 1 |
| TOTAL | 83 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $373,852 | $340,000 | $155,000 | $800,000 | 58 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $103,783 | $104,750 | $80,000 | $124,900 | 110 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $266,818 | $203,000 | $171,000 | $425,000 | 161 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $180,967 | $209,900 | $88,000 | $245,000 | 147 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
