Wallingford PA Real Estate – 3rd Quarter 2016 Review

A total of 53 homes sold during the 3rd quarter of 2016 in Wallingford PA falling 5 short of last year’s total. The average selling price fell 7.4% compared to last year coming in at $311,813.

The 43 single family homes sold during the quarter saw the average selling price decrease by $18,939 dropping 4.8%, from $392,828 to $373,889. Single homes averaged 54 days on the market during the quarter.

At the 3/4 mark of 2016 the number of Wallingford homes sold is 11 less than last year, with 161 closed transactions recorded through the end of September. The average selling price has seen an small decrease from $313,171 for the first 9 months of last year to an average of $312,001 for the July to September time frame this year.

There were 21 homes sold in July, 19 in August, and 13 in September.

The highest priced home sold in the 3rd quarter was 1018 S Providence Road that sold in August for $1,200,000.

**WALLINGFORD – 3RD QUARTER 2015 VS 3RD QUARTER 2016**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2015	58	$336,804	73	93.2%	96.3%
2015	53	$311,813	78	93.3%	96.6%
	-8.6%	-7.4%	6.8%	0.1%	-0.3%

3RD QUARTER 2016 – SALES BY PRICE RANGE

PRICE RANGE	SALES
< $100,000	6
$100,000 To $200,000	11
$200,000 To $300,000	9
$300,000 To $400,000	13
$400,000 To $500,000	7
$500,000 To $600,000	5
$700,000 To $800,000	1
> $800,000	1
TOTAL	53

Single Family Homes Sold – 3rd Quarter 2016 – 39 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$373,889	$369,000	$77,000	$1,200,000	54

Townhouses Sold – 3rd Quarter 2016 – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$179,817	$179,000	$88,000	$250,000	176

Condominiums Sold – 3rd Quarter 2016 – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$115,833	$108,750	$52,500	$215,000	107

Twin Homes Sold – 3rd Quarter 2016 – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$78,000	$78,000	$78,000	$78,000	142

Row Homes Sold – 3rd Quarter 2016 – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$92,500	$92,500	$92,500	$92,500	215

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

S. Clark Kendus