Use The Lockbox On The Fence – Crum Creek Valley
The month of April 2016 finished with 14 closed sales in Wallingford falling 4 homes short of last April. The average sales price was $294,714 which represents a 4.8% decrease in the average selling price over 2015. The 14 sales consisted of 10 single family homes, 3 townhouses, and 1 condo. Single family homes sold for an average price of $354,550 and averaged 84 days on the market. Last April 13 single family homes sold for an average price of $379,369 and averaged 67 days on the market.
The highest selling price for the month was $696,500 for 733 Hemlock Road.
There were 27 listings that went under contract during the month – 21 single family homes and 6 townhouses. The average asking price was $345,948.
There are 50 future settlements scheduled with 28 on the books for May, 17 in June, and 5 in July.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 1024 Putnam Blvd | 2 | 2.1 | $157,000 | 04/01/16 | 72 |
| 205 Martroy Lane | 4 | 2.0 | $535,000 | 04/01/16 | 3 |
| 810 Parkridge Drive | 3 | 2.1 | $325,000 | 04/07/16 | 298 |
| 406 Austin Court | 2 | 1.0 | $34,000 | 04/12/16 | 31 |
| 1000 Putnam Blvd #507 | 1 | 1.0 | $82,000 | 04/14/16 | 313 |
| 15 Brookside Road | 5 | 4.1 | $630,000 | 04/15/16 | 252 |
| 1310 Putnam Blvd | 2 | 2.1 | $159,500 | 04/15/16 | 205 |
| 109 Treetop Lane | 2 | 1.0 | $135,500 | 04/19/16 | 45 |
| 733 Hemlock Road | 4 | 4.1 | $696,500 | 04/20/16 | 6 |
| 630 Morris Lane | 3 | 2.1 | $337,500 | 04/28/16 | 166 |
| 1096 Putnam Blvd | 3 | 2.1 | $182,000 | 04/28/16 | 29 |
| 624 Georgetown Road | 4 | 1.2 | $235,000 | 04/28/16 | 10 |
| 723 Windsor Place | 4 | 2.1 | $337,000 | 04/29/16 | 25 |
| 110 Westminster Drive | 4 | 2.0 | $280,000 | 04/29/16 | 2 |
* DOM = Days On Market
6 of 14 transactions had a Seller Assist:
– 1024 Putnam Blvd – $4,710
– 810 Parkridge Drive – $3,200
– 1000 Putnam Blvd #507 – $2,000
– 1310 Putnam Blvd – $4,500
– 630 Morris Lane – $9,950
– 723 Windsor Place – $10,110
Financing Methods
– Conventional Mortgage – 12 transactions
– Cash – 1 transactions
– VA Mortgage – 1 transaction
109 Treetop Lane was a Bank Owned Forclosure.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $345,550 | $331,000 | $334,000 | $696,500 | 84 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $166,167 | $159,500 | $157,000 | $182,000 | 102 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $82,000 | $82,000 | $82,000 | $82,000 | 313 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 18 | $309,489 | 96 | 93.3% | 95.4% |
| 2016 | 14 | $294,714 | 104 | 92.0% | 96.5% |
| -22.2% | -4.8% | 12.5% | -1.3% | 1.1% |
Wallingford PA Real Estate – Wallingford, PA 19086
