A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 91 homes listed for sale in Wallingford PA and Nether Providence Township on October 13, 2015.
Nearly half of American renters spend more than 30% of their monthly incomes on rent, with rent accounting for more than 50% of monthly income for 1 in 4 renters.
This equates to the worst rental affordability crisis ever seen in the U.S., which should theoretically bode well for single-family home sales activity moving forward. In nearly 90 cities across the United States a middle class income is not sufficient to cover the average rent per month. California alone has 17 cities that are considered unaffordable for middle class renters.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $350,709 | $333,000 | $85,000 | $824,900 | 117 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $397,661 | $357,400 | $91,000 | $824,900 | 125 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $194,199 | $179,900 | $85,000 | $399,900 | 90 |
*DOM = Days On Market
2 Wallingford PA homes went under contract
5 new listings came onto the market
No listings expired
No listings were withdrawn from the market
24 homes are Under Contract at this time
3 Wallingford PA homes sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 512 Hastings Avenue | 2 | 1.0 | $180,000 | 10/07/15 | 130 |
| 306 Ryanard Road | 2 | 1.0 | $166,900 | 10/09/15 | 158 |
| 224 Fildes Lane | 4 | 2.0 | $257,500 | 10/09/15 | 3 |
| AVERAGE | $201,467 | 97 |
*DOM = Days On Market
2 homes sold with a Seller Assist
– 512 Hastings Avenue – $8,000
– 306 Ryanard Road – $1,250
Wallingford PA Real Estate – Wallingford, PA 19086
