Autumn Waterfall Along Avondale Road
November home sales in Wallingford PA doubled last year’s total with 16 closed transactions versus 8 closed transactions last year. The average selling price increased a robust 9.3% to $295,234. November sales consisted of 11 single family homes, 2 townhomes, 2 condos, and 1 row home. A total of $4,723,750 changed hands during the month.
November’s 11 single family homes sold for an average price of $373,564 and averaged 89 days on the market. Last November there were 8 single family home sales that sold for an average price of $270,225 and spent an average of 97 days on the market.
835 Surrey Lane had the highest selling price for the month at $484,900.
With 1 month remaining in the year sales for this year closely mirrors the results of 2015 for the same time period. So far in 2016 there have been 191 closed transactions versus 197 last year. The average price is down by under $1,000 coming in at $309,433 compared to $309,340 in 2015.
Twelve listings went under contract during the month – 10 single family homes, 1 twin, and 1 condo – with an average asking price of $332,750 and an average of 60 Days On Market.
There are 22 settlements scheduled – 14 in December, 7 in January, and 1 in April.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 217 Stanford Drive | 3 | 2.0 | $350,000 | 11/01/16 | 10 |
| 732A Putnam Blvd | 2 | 1.0 | $95,900 | 11/03/16 | 28 |
| 413 E Country Club Lane | 3 | 2.1 | $399,900 | 11/04/16 | 4 |
| 835 Surrey Lane | 4 | 2.1 | $484,900 | 11/15/16 | 29 |
| 717 Pennsylvania Avenue | 3 | 1.0 | $134,900 | 11/15/16 | 68 |
| 523 W Georgetown Road | 4 | 3.1 | $390,000 | 11/18/16 | 92 |
| 213 Wallingford Avenue | 4 | 3.0 | $440,000 | 11/18/16 | 44 |
| 1066 Putnam Blvd | 2 | 2.1 | $144,000 | 11/18/16 | 112 |
| 115 Maple Road | 3 | 1.0 | $174,900 | 11/21/16 | 204 |
| 7 E Rose Valley Road | 3 | 2.1 | $360,000 | 11/23/16 | 224 |
| 700 Oxford Lane | 4 | 3.1 | $420,000 | 11/30/16 | 203 |
| 1008 Beech Road | 3 | 2.0 | $310,000 | 11/29/16 | 146 |
| 700 Avondale Road #7K | 1 | 1.0 | $65,750 | 11/29/16 | 12 |
| 1140 Putnam Blvd | 2 | 2.1 | $174,000 | 11/30/16 | 58 |
| 1 Meadow Lane | 4 | 3.1 | $440,000 | 11/30/16 | 7 |
| 505 Morris Lane | 4 | 2.0 | $339,500 | 11/30/16 | 11 |
| AVERAGE | $295,234 | 78 |
* DOM = Days On Market
6 of 16 transactions had a Seller Assist:
– 217 Stanford Drive – $8,450
– 717 Pennsylvania Avenue – $4,047
– 115 Maple Road – $5,000
– 7 E Rose Valley Road – $18,000
– 1008 Beech Road – $9,100
– 505 Morris Lane – $2,300
Financing Methods
– Conventional Mortgage – 11 transactions
– Cash – 4 transactions
– FHA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $373,564 | $390,000 | $174,900 | $484,900 | 89 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $154,450 | $154,450 | $144,000 | $174,000 | 63 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $80,825 | $80,825 | $65,750 | $95,900 | 20 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $134,900 | $134,900 | $134,900 | $134,900 | 68 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2015 | 8 | $270,225 | 97 | 94.1% | 96.2% |
| 2016 | 16 | $295,234 | 78 | 94.0% | 97.0% |
| 100.0% | 9.3% | -19.6% | -0.1% | 0.8% |
Wallingford PA Real Estate – Wallingford, PA 19086
