Winds From A June 23 Storm Felled Many Trees
June 2015 posted 32 sales equaling last year in units. The average sales price in June 2015 came in at $315,146 which just shy of a 1% increase in average sales price over last year’s average selling price of $312,280. The 32 sales were comprised of 21 single family homes, 5 condos, 4 townhomes, and 2 twin homes.
The 21 single family homes sold for an average price of $378,442 and averaged only 17 days on the market. Single homes were in high demand as 17 sold in 14 days or less. Last June 23 single family homes sold for an average price of $348,798.
The highest selling price for the month was $650,000 for 909 Winding Way.
There were 14 listings that went under contract during the month – 13 single family homes and 1 townhome. The average asking price was $437,957.
There are are 23 settlements scheduled with 17 in July, and 6 in August.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 204 Ronaldson Street | 3 | 2.1 | $245,000 | 06/01/15 | 366 |
| 29 Willow Road | 3 | 2.0 | $237,500 | 06/03/15 | 94 |
| 725 Kincaid Mills Lane | 3 | 2.1 | $370,000 | 06/05/15 | 425 |
| 7 Medbury Lane | 3 | 1.0 | $283,000 | 06/05/15 | 9 |
| 308 Colonial Drive | 4 | 2.1 | $600,000 | 06/05/15 | 2 |
| 115 Willow Road | 3 | 2.1 | $252,450 | 06/05/15 | 2 |
| 700 Avondale Road #3D | 2 | 2.0 | $103,500 | 06/05/15 | 8 |
| 10 Irving Road | 3 | 2.0 | $390,000 | 06/10/15 | 8 |
| 211 Stanford Drive | 5 | 3.1 | $295,500 | 06/15/15 | 14 |
| 200 Garnet Lane | 4 | 2.1 | $415,000 | 06/16/15 | 7 |
| 856B Putnam Blvd | 2 | 1.0 | $95,000 | 06/16/15 | 53 |
| 41 Medbury Lane | 3 | 1.0 | $290,000 | 06/17/15 | 4 |
| 844A Putnam Blvd | 2 | 1.0 | $115,000 | 06/18/15 | 374 |
| 636 E Wiltshire Drive | 3 | 2.1 | $209,900 | 06/19/15 | 6 |
| 811 Meredith Drive | 4 | 3.0 | $560,000 | 06/19/15 | 4 |
| 909 Winding Lane | 5 | 3.1 | $650,000 | 06/19/15 | 10 |
| 804A Putnam Blvd | 2 | 1.0 | $106,000 | 06/19/15 | 180 |
| 700 Avondale Road #5C | 2 | 2.0 | $112,000 | 06/22/15 | 45 |
| 103 Willow Road | 3 | 2.1 | $255,000 | 06/22/15 | 14 |
| 705 Kincaid Mills Lane | 4 | 3.1 | $425,000 | 06/22/15 | 6 |
| 394 Turner Road | 5 | 3.1 | $568,050 | 06/25/15 | 10 |
| 28 Green Valley Road | 3 | 1.1 | $376,000 | 06/25/15 | 5 |
| 304 Crestview Circle | 3 | 2.1 | $428,775 | 06/29/15 | 6 |
| 6 W Brookhaven Road | 3 | 2.1 | $340,000 | 06/29/15 | 18 |
| 236 Canterbury Drive | 3 | 1.1 | $305,000 | 06/29/15 | 106 |
| 406 Laurel Lane | 4 | 2.1 | $460,000 | 06/30/15 | 5 |
| 213 Walnut Road | 3 | 2.0 | $233,000 | 06/30/15 | 10 |
| 314 Blakeley Road | 3 | 2.1 | $320,000 | 06/30/15 | 16 |
| 221 W Rose Valley Road | 4 | 1.0 | $178,000 | 06/30/15 | 7 |
| 1001 Putnam Blvd | 3 | 2.1 | $181,000 | 06/30/15 | 1 |
| 1160 Putnam Blvd | 2 | 2.1 | $175,000 | 06/30/15 | 171 |
| 801 Manchester Ave | 5 | 3.0 | $510,000 | 06/30/15 | 5 |
| AVERAGE | $315,146 | 62 |
* DOM = Days On Market
9 of 32 transactions had a Seller Assist:
– 29 Willow Road – $150
– 375 Kincaid Mills Lane – $2,000
– 7 Medbury Lane – $5,000
– 308 Colonial Drive- $3,000
– 636 E Wiltshire – $9,000
– 811 Meredith Drive – $1,650
– 236 Canterbury Drive – $1,000
– 406 Laurel Lane – $3,000
– 213 Walnut Road – $6,000
Financing Methods
– Conventional Mortgage – 20 transactions
– Cash – 8 transactions
– FHA Mortgage – 4 transactions
There were no distressed sales reported during June.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $378,442 | $346,000 | $178,000 | $650,000 | 17 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $106,300 | $106,000 | $95,000 | $115,000 | 132 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $287,750 | $275,000 | $175,000 | $425,000 | 151 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $227,450 | $227,450 | $209,900 | $245,000 | 186 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2014 | 33 | $312,280 | 90 | 95.06% | 96.60% |
| 2015 | 32 | $315,146 | 62 | 96.27% | 97.55% |
| 0.0% | 0.009% | -31.1% | 1.21% | 0.95% |
Wallingford PA Real Estate – Wallingford, PA 19086
