Christmas Lights On Niblick Lane
December home sales in Wallingford PA posted a strong showing with 17 closed transactions versus 14 homes sold last December. December sales equaled that of April and October as the 4th best month of 2015. The average selling price increased by 7.0% over December 2014 coming in at $297,546. Sales were comprised of 12 single family homes, 4 twin homes, and 1 townhome. A total of $5,058,284 in real estate changed hands during the month.
December’s 12 single family homes sold for an average price of $375,190 and averaged 85 days on the market. December 2014 recorded 8 single family home sales that sold for an average price of $349,125 and spent an average of 93 days on the market.
212 Hempstead Lane had the highest selling price for the month at $685,584.
The year 2015 ends with the number of closed transactions standing at 214 vs 208 for 2014. The average selling price for Wallingford homes in 2015 rose to $308,403 increasing $7,372, a 2.4% increase, from 2014.
Six listings went under contract during the month – 3 condos, 2 single family homes and 1 twin – with an average asking price of $209,617 and an average of 72 Days On Market.
There are 8 settlements scheduled in January and 1 in February
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 134 Wallingford Avenue | 3 | 1.1 | $215,000 | 12/03/15 | 213 |
| 701 Concord Court | 1 | 1.0 | $53,000 | 12/04/15 | 11 |
| 212 Hempstead Lane | 4 | 3.1 | $685,584 | 12/04/15 | 6 |
| 1015 Putnam Blvd | 3 | 2.1 | $192,000 | 12/04/15 | 6 |
| 214 Emerald Lane | 3 | 1.1 | $143,000 | 12/10/15 | 39 |
| 3 Chester Road | 3 | 1.0 | $145,200 | 12/11/15 | 8 |
| 315 Prichard Lane | 4 | 2.1 | $325,000 | 12/15/15 | 90 |
| 209 Wisteria Lane | 4 | 3.2 | $649,000 | 12/17/15 | 66 |
| 507 Morris Lane | 4 | 2.1 | $340,000 | 12/17/15 | 71 |
| 783 Pennsylvania Avenue | 2 | 1.0 | $115,000 | 12/17/15 | 8 |
| 8 W Brookhaven Road | 4 | 3.0 | $530,000 | 12/18/15 | 133 |
| 607 Vernon Road | 3 | 2.1 | $220,000 | 12/18/15 | 91 |
| 108 Governors Drive | 3 | 1.1 | $225,000 | 12/18/15 | 1 |
| 417 Briarwood Road | 3 | 1.1 | $380,000 | 12/18/15 | 13 |
| 726 Pine Ridge Road | 4 | 2.1 | $517,000 | 12/21/15 | 153 |
| 782 Pennsylvania Avenue | 1 | 1.0 | $53,000 | 12/30/15 | 425 |
| 15 Waterville Road | 4 | 3.1 | $270,000 | 12/30/15 | 171 |
| AVERAGE | $297,546 | 89 |
* DOM = Days On Market
6 of 17 transactions had a Seller Assist:
– 134 Wallingford Avenue – $12,900
– 701 Concord Court – $3,000
– 214 Emerald Lane – $4,290
– 315 Prichard Lane – $9,500
– 783 Pennsylvania Avenue – $3,450
– 726 Pine Ridge Road – $6,250
Financing Methods
– Conventional Mortgage – 8 transactions
– FHA Mortgage – 6 transactions
– Cash – 2 transactions
– Other financing – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $375,190 | $332,500 | $145,200 | $685,584 | 85 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $91,000 | $84,000 | $53,000 | $143,000 | 121 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $192,000 | $192,000 | $192,000 | $192,000 | 6 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2014 | 14 | $278,000 | 84 | 86.9% | 92.9% |
| 2015 | 17 | $297,546 | 89 | 93.0% | 96.7% |
| 21.4% | 7.0% | 6.0% | 6.1% | 3.8% |
Wallingford PA Real Estate – Wallingford, PA 19086
