The 1st quarter of 2016 in Wallingford PA saw a total of 31 homes sold equaling the volume of last year’s 1st quarter. The average sales price saw an increase to $277,542 from last year where it stood at $267,675, representing a 3.7% increase. A total of $8,603,799 of real estate changed hands during the quarter. Thirteen homes sold at or above their asking price.
On average it took less time to sell during the months of January, February, and March 2016, 23 days fewer then last year when Days On Market averaged 97 representing a 23.7% decrease.
January recorded 8 sales, February 9 sales, and 14 homes sold in March.
The highest priced home sold in the 1st quarter was 506 Moylan Avenue that sold in January for $750,000.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 31 | $267,675 | 97 | 89.2% | 96.1% |
| 2016 | 31 | $277,542 | 74 | 95.0% | 98.7% |
| 0.0% | 3.7% | -23.7% | 5.8% | 2.6% |
1ST QUARTER 2016 – SALES BY PRICE RANGE
| PRICE RANGE | SALES |
|---|---|
| 0 To $100,000 | 4 |
| $100,000 To $200,000 | 7 |
| $200,000 To $300,000 | 6 |
| $300,000 To $400,000 | 11 |
| $400,000 To $500,000 | 1 |
| $600,000 To $700,000 | 1 |
| $700,000 To $800,000 | 1 |
| TOTAL | 31 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $318,476 | $348,500 | $61,299 | $750,000 | 51 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $137,867 | $137,500 | $90,700 | $193,000 | 112 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $317,000 | $370,000 | $203,000 | $370,000 | 114 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $137,600 | $137,600 | $137,600 | $137,600 | 216 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
