Many Sought Relief From The August Heat At Creekside Swim Club
August 2016 goes into the books with 19 closed sales compared with 14 last August. The average sales price squeezed out a slight gain of 1.3% over last year coming in at $350,616. August’s 19 sales consisted of 14 single family homes, 3 condo, and 2 townhouses.
The 14 single family homes sold for an average price of $432,407 – buoyed by a rare million dollar transaction – and averaged 48 days on the market. Last August single family homes sold for an average price of $374,016 and were on the market an average of 66 days.
1018 S Providence Road had the highest selling price for the month at $1,200,000.
Fourteen listings went under contract during the month – 9 single family homes, 4 townhouses, and 1 twin with an average asking price of $278,793.
There are are 19 future settlements scheduled with 14 in September and 5 in October.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 3 Gladstone Road | 3 | 1.1 | $379,000 | 08/01/16 | 38 |
| 30 Medbury Lane | 3 | 2.0 | $323,000 | 08/05/16 | 4 |
| 333 Meadow Lane | 4 | 2.1 | $369,000 | 08/05/16 | 6 |
| 211 Ridley Drive | 3 | 2.0 | $225,000 | 08/05/16 | 4 |
| 702 Hartford Court | 3 | 1.0 | $92,500 | 08/09/16 | 215 |
| 345 Saybrook Lane | 2 | 2.1 | $188,000 | 08/12/16 | 25 |
| 716 Beechwood Road | 3 | 2.1 | $389,900 | 08/12/16 | 3 |
| 601 S Providence Road | 4 | 2.1 | $570,000 | 08/15/16 | 268 |
| 1018 S Providence Road | 7 | 5.1 | $1,200,000 | 08/17/16 | 103 |
| 204 Dogwood Lane | 3 | 2.0 | $432,000 | 08/17/16 | 129 |
| 206 Highland Avenue | 4 | 2.1 | $534,900 | 08/24/16 | 9 |
| 18 Chestnut Parkway | 2 | 1.2 | $165,000 | 08/24/16 | 33 |
| 18 Willow Lane | 3 | 3.0 | $455,000 | 08/26/16 | 16 |
| 800 Avondale Road #6O | 2 | 2.0 | $123,000 | 08/26/16 | 5 |
| 700 Avondale Road #3G | 2 | 2.0 | $87,000 | 08/29/16 | 111 |
| 507 Moylan Avenue | 5 | 2.1 | $525,000 | 08/30/16 | 83 |
| 106 Maple Road | 3 | 1.0 | $146,000 | 08/30/16 | 61 |
| 700 Avondale Road #4D | 2 | 2.0 | $117,500 | 08/31/16 | 10 |
| 204 Ridgewood Road | 3 | 1.1 | $339,900 | 08/31/16 | 25 |
| AVERAGE | $350,616 | 54 |
* DOM = Days On Market
10 of 19 transactions had a Seller Assist:
– 3 Gladstone Road – $4,000
– 211 Ridley Drive – $7,000
– 716 Beechwood Road – $13,000
– 610 S Providence Road – $17,640
– 206 Highland Avenue – $13,730
– 18 Willow Lane – $10,500
– 800 Avondale Road #6O – $5,000
– 507 Moylan Avenue – $13,000
– 106 Maple Road – $9,340
– 204 Ridgewood Road – $10,225
Financing Methods
– Conventional Mortgage – 13 transactions
– Cash – 3 transactions
– FHA Mortgage – 2 transactions
– VA Mortgage – 1 transaction
700 Avondale Road #3G was a Bank Owned Foreclosure
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $432,407 | $384,450 | $146,000 | $1,200,000 | 48 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $109,167 | $117,500 | $87,000 | $123,000 | 42 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $140,250 | $140,250 | $92,500 | $188,000 | 120 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 14 | $346,227 | 90 | 94.3% | 97.1% |
| 2016 | 19 | $350,616 | 54 | 94.6% | 97.5% |
| 35.7% | 1.3% | -40.0% | 0.3% | 0.4% |
Wallingford PA Real Estate – Wallingford, PA 19086
