The month of April 2017 finished with 13 closed sales in Wallingford falling 1 homes short of last April. The average sales price soared 28% to $377,228. Buyers grabbed homes quickly during the month with the average days on market coming in at only 32, with 6 homes selling in less than 2 weeks. The 13 sales consisted of 8 single family homes, 3 townhouses, 1 condo, and 1 twin. Single family homes sold for an average price of $478,269 and averaged 21 days on the market. Last April 10 single family homes sold for an average price of $345,550.
The highest selling price for the month was $727,000 for 404 Dewey Lane.
There were 28 listings that went under contract during the month – 24 single family homes and 2 townhouses, and 2 condos. The average asking price was $367,339 and they were on the market an average of 60 days..
There are 47 future settlements scheduled with 26 on the books for May, 19 in June, and 2 in July.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 1111 Putnam Blvd | 3 | 3.1 | $199,000 | 04/06/17 | 6 |
| 197 Woodward Lane | 5 | 3.1 | $595,750 | 04/06/17 | 7 |
| 502 Scott Lane | 4 | 2.1 | $440,000 | 04/10/17 | 33 |
| 1142 Putnam Blvd | 2 | 2.1 | $185,000 | 04/12/17 | 152 |
| 703 Blue Hill Road | 5 | 3.1 | $438,500 | 04/14/17 | 11 |
| 404 Dewey Lane | 5 | 4.1 | $727,000 | 04/17/17 | 8 |
| 31 Willow Road | 3 | 1.1 | $219,900 | 04/19/17 | 70 |
| 832B Putnam Blvd | 2 | 1.0 | $103,000 | 04/21/17 | 28 |
| 1384 Putnam Blvd | 2 | 2.1 | $175,810 | 04/26/17 | 39 |
| 200 Hillsboro Mills Lane | 3 | 3.1 | $415,000 | 04/26/17 | 18 |
| 503 Springhaven Road | 5 | 3.0 | $570,000 | 04/27/17 | 26 |
| 402 Christian Lane | 4 | 1.2 | $465,000 | 04/27/17 | 9 |
| 408 Hawthorne Road | 4 | 2.2 | $370,000 | 04/28/17 | 4 |
* DOM = Days On Market
3 of 13 transactions had a Seller Assist:
– 31 Willow Road – $9,900
– 1384 Putnam Blvd – $5,724
– 408 Hawthorne Road – $11,000
Financing Methods
– Conventional Mortgage – 6 transactions
– Cash – 5 transactions
– VA Mortgage – 1 transaction
– FHA Mortgage – 1 transaction
832B Putnam Blvd was a Bank Owned Forclosure.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $478,269 | $452,500 | $219,000 | $727,000 | 21 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $188,603 | $185,000 | $175,810 | $199,000 | 66 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $103,000 | $103,000 | $103,000 | $103,000 | 28 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $415,000 | $415,000 | $415,000 | $415,000 | 18 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2016 | 14 | $294,714 | 104 | 92.0% | 96.5% |
| 2017 | 13 | $377,228 | 32 | 99.4% | 98.7% |
| -7.1% | 28.0% | -69.2% | 7.4% | 2.2% |
Wallingford PA Real Estate – Wallingford, PA 19086
