Autumn Splendor – Skyline Drive – Virginia
October home sales in Wallingford PA were dramatically higher than last October with 16 closed transactions versus 9 closed transactions last year. The average selling price rose by $66,761 to $298,928 – a 28.8% increase over last year. October sales were comprised of 14 single family homes and 2 condominiums. A total of $4,782,850 real estate changed hands during the month.
October’s 14 single family homes sold for an average price of $326,418 and averaged 55 days on the market. Last October 6 single family homes sold for an average price of $289,250 and spent an average of 97 days on the market. This marks a 12.8% increase in the average selling price.
210 Wisteria Lane in Jordan Estates had the highest selling price for the month at $695,000.
For the year to date through October the number of closed transactions stands at 188 vs 184 for the same time period last year. The average selling price is ahead of last year by 4.6%, coming in at $311,906.
Twelve listings went under contract during the month – 8 single family homes, 2 townhouses, and 2 twins with an average asking price of $322,125 and an average of 88 Days On Market.
There are 21 future settlements scheduled with 11 in November, 9 in December, and 1 in January.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 857 Parkridge Drive | 4 | 2.1 | $435,000 | 10/01/15 | 26 |
| 308 Media Parkway | 3 | 2.1 | $268,500 | 10/02/15 | 14 |
| 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 |
| 420 Turner Road | 4 | 2.1 | $292,500 | 10/14/15 | 78 |
| 7 Waterville Road | 3 | 1.1 | $237,000 | 10/15/15 | 128 |
| 706 Hemlock Road | 5 | 2.1 | $390,000 | 10/15/15 | 24 |
| 700 W Brookhaven Road | 4 | 2.2 | $188,000 | 10/16/15 | 23 |
| 842A Putnam Blvd | 2 | 1.0 | $98,000 | 10/16/15 | 22 |
| 407 Turner Road | 4 | 2.1 | $400,000 | 10/16/15 | 3 |
| 700 Avondale Road #5A | 2 | 2.0 | $105,000 | 10/16/15 | 43 |
| 420 Oak Valley Road | 4 | 2.0 | $422,000 | 10/23/15 | 4 |
| 210 Wisteria Lane | 4 | 4.1 | $695,000 | 10/28/15 | 1 |
| 210 Grandview Road | 3 | 1.1 | $300,000 | 10/28/15 | 138 |
| 39 Green Valley Road | 3 | 1.1 | $347,500 | 10/30/15 | 43 |
| AVERAGE | $298,928 | 52 |
* DOM = Days On Market
11 of 16 transactions had a Seller Assist:
– 512 Hastings Avenue – $8,000
– 306 Ryanard Road – $1,250
– 7 Waterville Road – $7,071
– 706 Hemlock Road – $4,600
– 700 W Brookhaven Road – $5,640
– 842A Putnam Blvd – $500
– 700 Avondale Road #5A – $6,300
– 407 Turner Road – $7,500
– 420 Oak Valley Road – $1,200
– 210 Wisteria Lane – $5,000
– 39 Green Valley Road – $2,500
Financing Methods
– Conventional Mortgage – 11 transactions
– Cash – 2 transactions
– FHA Mortgage – 2 transactions
– Other – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $326,418 | $296,250 | $166,900 | $695,000 | 55 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $101,500 | $101,500 | $98,000 | $105,000 | 33 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2014 | 9 | $232,167 | 79 | 89.70% | 95.25% |
| 2015 | 16 | $298,928 | 52 | 93.58% | 97.56% |
| 77.8% | 28.8% | -34.2% | 3.88% | 2.31% |
Wallingford PA Real Estate – Wallingford, PA 19086
