October home sales in Wallingford PA fell short of last October with 14 closed transactions versus 17 closed transactions last year. The average selling price decreased by 2.2% when compared to last year to $282,479. October sales consisted of 10 single family homes, 2 townhouses, 1 condo, and 1 twin home. A total of $3,954,699 real estate changed hands during the month.
October’s 10 single family homes sold for an average price of $323,490 and averaged 81 days on the market. Last October 15 single family homes sold for an average price of $313,990 and spent an average of 64 days on the market. This marks a 3.0% increase in the average selling price for singles.
229 Rogers Lane had the highest selling price for the month at $480,000
For the year to date through October the number of closed transactions stands at 175 vs 189 for the same time period last year. The average selling price is behind last year by less than 1%, coming in at $309,639.
Eighteen listings went under contract during the month – 14 single family homes and 4 townhouses with an average asking price of $321,267 and an average of 91 Days On Market.
There are 24 future settlements scheduled with 17 in November, 6 in December, and 1 in January.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 318B Saybrook Lane | 2 | 1.0 | $96,000 | 10/03/16 | 9 |
| 136 Wallingford Avenue | 3 | 1.0 | $110,000 | 10/05/16 | 75 |
| 110 Cameron Drive | 5 | 2.1 | $350,000 | 10/11/16 | 147 |
| 744 Windsor Place | 4 | 2.1 | $385,000 | 10/13/16 | 29 |
| 323 Prichard Lane | 4 | 2.1 | $400,000 | 10/18/16 | 82 |
| 700 Ryanard Road | 3 | 2.0 | $245,000 | 10/20/16 | 55 |
| 609 Niblick Lane | 3 | 2.1 | $299,900 | 10/20/16 | 12 |
| 900 Twyckenham Road | 3 | 2.1 | $434,900 | 10/21/16 | 114 |
| 402 Christian Lane | 4 | 2.1 | $285,000 | 10/21/16 | 25 |
| 1107 Putnam Blvd | 2 | 2.1 | $174,000 | 10/28/16 | 132 |
| 506 Oakcrest Lane | 4 | 2.1 | $340,000 | 10/28/16 | 30 |
| 114 Maple Road | 3 | 1.0 | $204,999 | 10/28/16 | 142 |
| 707 Lansing Court | 3 | 2.0 | $149,900 | 10/28/16 | 11 |
| 229 Rogers Lane | 4 | 2.1 | $480,000 | 10/31/16 | 114 |
| AVERAGE | $282,479 | 70 |
* DOM = Days On Market
7 of 14 transactions settled with a Seller Assist:
– 744 Windsor Place – $11,550
– 323 Prichard Lane – $18,250
– 700 Ryanard Road – $1,500
– 609 Niblick Lane – $2,000
– 900 Twyckenham Road – $11,000
– 402 Christian Lane – $200
– 707 Lansing Court – $4,497
Financing Methods
– Conventional Mortgage – 7 transactions
– Cash – 3 transactions
– FHA Mortgage – 2 transactions
– VA Mortgage – 2 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $323,490 | $345,000 | $110,000 | $480,000 | 81 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $236,950 | $236,950 | $174,000 | $299,900 | 72 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $96,000 | $96,000 | $96,000 | $96,000 | 9 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $149,900 | $149,900 | $149,900 | $149,900 | 11 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 17 | $288,891 | 60 | 92.5% | 96.8% |
| 2016 | 14 | $282,479 | 70 | 90.3% | 95.0% |
| -17.6% | -2.2% | 16.7% | -2.2% | -1.8% |
Wallingford PA Real Estate – Wallingford, PA 19086
