The 2nd quarter of 2017 in Wallingford PA saw a total of 68 homes sold falling short of last year’s volume by 9 homes but seeing the average price increase by 14.0% to $371,707. Total dollar sales volume rose to $25,276,060, and days on market fell by 31.8% to an average of 60 vs 88 last year.
The core category of single family homes recorded 55 sales with an average selling price of $418,405 compared to 56 single homes sold last year with an average selling price of $380,606 – an increase of 9.9%
April recorded 13 sales, May 24 sales, and 31 homes were sold in June.
The highest priced home sold in the 2nd quarter was 2 Lake Road that sold in May for $750,000.
At the mid point of the year 106 closed transactions have been recorded with an average selling price of $355,962 compared to 108 sales with an average selling price of $312,094 for the first six months of 2016.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2016 | 77 | $326,004 | 88 | 95.1% | 97.7% |
| 2016 | 68 | $371,707 | 60 | 95.9% | 97.8% |
| -11.7% | 14.0% | -31.8% | 0.8% | 0.1% |
2ND QUARTER 2017 – SALES BY PRICE RANGE
| PRICE RANGE | SALES |
|---|---|
| 0 To $100,000 | 1 |
| $100,000 To $200,000 | 9 |
| $200,000 To $300,000 | 13 |
| $300,000 To $400,000 | 17 |
| $400,000 To $500,000 | 15 |
| $500,000 To $600,000 | 9 |
| $600,000 To $700,000 | 2 |
| $700,000 To $800,000 | 2 |
| TOTAL | 68 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $418,405 | $399,900 | $320,500 | $750,000 | 52 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $185,468 | $181,500 | $150,000 | $225,000 | 120 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $98,250 | $101,500 | $85,000 | $105,000 | 70 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $321,500 | $321,500 | $228,000 | $415,000 | 120 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $115,000 | $115,000 | $115,000 | $115,000 | 24 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
