Vigilant Hawk
July 2016 closes with 21 closed sales falling short of last year’s total by 7 homes. The average sales price in came in at $328,975 which is a 8.7% decrease in the average sales price over last year. The 21 sales were comprised of 15 single family homes, 3 condos, and 3 townhomes. A total of $6,908,474 of real estate changed hands during the month.
The 15 single family homes sold for an average price of $396,932 and averaged 61 days on the market. Last July 23 single family homes sold for an average price of $409,720.
The highest selling price for the month was $728,000 for 201 Westbury Road.
There were 14 listings that went under contract during the month – 12 single family homes, 1 townhome, and 1 condo. The average asking price was $272,714.
There are are 19 future settlements scheduled with 16 in August and 3 in September.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 201 Westbury Road | 4 | 3.1 | $728,000 | 07/07/16 | 3 |
| 719 Scott Lane | 4 | 2.1 | $469,000 | 07/08/16 | 401 |
| 862 Parkridge Drive | 3 | 2.1 | $340,000 | 07/08/16 | 11 |
| 414 Golfview Road | 4 | 2.1 | $415,000 | 07/08/16 | 17 |
| 109 Stratford Lane | 4 | 2.1 | $590,000 | 07/12/16 | 20 |
| 116 Ash Road | 3 | 1.0 | $111,074 | 07/14/16 | 51 |
| 1220 Putnam Blvd | 2 | 2.1 | $167,000 | 07/15/16 | 499 |
| 122 Westminster Drive | 4 | 2.1 | $370,000 | 07/15/16 | 8 |
| 700 Avondale Road #6H | 1 | 1.0 | $52,500 | 07/19/16 | 172 |
| 1000 Putnam Blvd #406 | 1 | 1.0 | $100,000 | 07/21/16 | 244 |
| 604 W Brookhaven Road | 5 | 2.1 | $418,000 | 07/22/16 | 61 |
| 302 Leiper Street | 2 | 2.0 | $275,000 | 07/22/16 | 10 |
| 800 Avondale Road #PH10 | 3 | 2.0 | $215,000 | 07/25/16 | 55 |
| 500 Hastings Avenue | 2 | 1.0 | $175,000 | 07/25/16 | 4 |
| 809 Parkridge Drive | 4 | 2.1 | $439,900 | 07/27/16 | 4 |
| 835 Parkridge Drive | 5 | 3.1 | $425,000 | 07/28/16 | 140 |
| 206 Dogwood Lane | 5 | 3.1 | $558,000 | 07/29/16 | 132 |
| 931 Putnam Blvd | 2 | 2.1 | $170,000 | 07/29/16 | 90 |
| 1300 Putnam Blvd | 3 | 2.1 | $250,000 | 07/29/16 | 4 |
| 15 Medbury Lane | 3 | 2.0 | $315,000 | 07/29/16 | 43 |
| 300 Scott Lane | 4 | 1.1 | $325,000 | 07/29/16 | 4 |
| Average | $328,975 | 94 |
* DOM = Days On Market
13 of 21 homes sold with a Seller Assist:
– 201 Westbury Road – $550
– 862 Prkridge Drive – $3,200
– 414 Golfview Road – $10,000
– 109 Stratford Lane – $500
– 122 Westminster Drive – $5,000
– 100 Putnam Blvd #406 – $250
– 604 W Brookhaven Road – $5,765
– 302 Leiper Street- $1,725
– 500 Hastings Avenue – $6,500
– 809 Parkridge Drive – $4,200
– 835 Parkridge Drive – $763
– 931 Putnam Blvd – $1,000
Financing Methods
– Conventional Mortgage – 15 transactions
– Cash – 4 transactions
– FHA Mortgage – 2 transactions
116 Ash Road was a Bank Owned Foreclosure.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $396,932 | $415,000 | $111,074 | $728,000 | 61 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $122,500 | $100,000 | $52,500 | $215,000 | 157 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $195,667 | $170,000 | $167,000 | $250,000 | 198 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 28 | $360,145 | 61 | 93.2% | 96.2% |
| 2016 | 21 | $328,975 | 94 | 93.9% | 97.1% |
| -21.4% | -8.7% | 54.1% | 0.7% | 0.9% |
Wallingford PA Real Estate – Wallingford, PA 19086
