Copples Lane Sidewalk Project Nears Completion Which Is Being Funding By A Grant From PennDOT
August 2017 finished with 22 closed translations vs 19 last year. The average sales price increased 4.2% over last year coming in at $356,207. August’s 22 sales consisted of 19 single family homes, 2 condos, and 1 twin.
The 19 single family homes sold for an average price of $397,329 and averaged 55 days on the market. Last August single family homes sold for an average price of $432,407 and were on the market an average of 48 days.
220 Turner Road had the highest selling price for the month at $830,000.
Fourteen listings went under contract during the month – 5 single family homes, 3 twins, 2 townhouses, and 1 condo with an average asking price of $282,255 and were on the market an average of 76 days.
There are are 24 future settlements scheduled with 16 in September, 3 in October, 2 in November, 1 in December, and 1 in January 2018.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 1 Strathmore Court | 5 | 3.1 | $699,000 | 08/01/17 | 380 |
| 422 Oak Valley Road | 4 | 3.0 | $591,000 | 08/01/17 | 6 |
| 111 Canterbury Drive | 3 | 1.1 | $358,000 | 08/01/17 | 4 |
| 1010 Glen Road | 5 | 2.1 | $323,500 | 08/04/17 | 63 |
| 722B Putnam Blvd | 2 | 1.0 | $101,000 | 08/04/17 | 69 |
| 109 Cameron Drive | 3 | 2.1 | $285,000 | 08/04/17 | 22 |
| 28 Beech Road | 3 | 1.0 | $225,000 | 08/04/17 | 64 |
| 822 Parkridge Drive | 4 | 3.1 | $562,000 | 08/04/17 | 6 |
| 306 Media Parkway | 3 | 1.0 | $245,500 | 08/04/17 | 14 |
| 301 Moore Road | 3 | 1.0 | $160,000 | 08/07/17 | 4 |
| 211 Walnut Road | 3 | 2.0 | $204,500 | 08/10/17 | 101 |
| 118 Ash Road | 3 | 1.1 | $183,500 | 08/11/17 | 21 |
| 604 Crum Creek Road | 4 | 4.0 | $612,500 | 08/15/17 | 32 |
| 6 Irving Road | 3 | 2.0 | $305,500 | 08/16/17 | 16 |
| 119 W Possum Hollow Road | 4 | 2.2 | $533,750 | 08/21/17 | 4 |
| 28 Green Valley Road | 3 | 1.1 | $412,000 | 08/22/17 | 13 |
| 409 Hawthorne Road | 3 | 2.0 | $338,000 | 08/23/17 | 111 |
| 303 Governors Drive | 4 | 2.1 | $351,000 | 08/23/17 | 71 |
| 525 Vernon Street | 3 | 1.0 | $200,000 | 08/29/17 | 99 |
| 220 Turner Road | 6 | 3.1 | $830,000 | 08/30/17 | 5 |
| 202 Avondale Road | 4 | 2.1 | $330,000 | 08/31/17 | 99 |
| 800 Avondale Road #2D | 3 | 2.0 | $184,300 | 08/31/17 | 35 |
| AVERAGE | $365,207 | 56 |
* DOM = Days On Market
10 of 22 transactions had a Seller Assist:
– 1 Strathmore Court – $40,500
– 301 Moore Road – $9,600
– 211 Walnut Road – $6,135
– 118 Ash Road – $11,000
– 6 Irving Road – $2,451
– 28 Green Valley Road – $1,000
– 409 Hawthorne Road – $6,025
– 303 Governors Drive – $4,100
– 525 Vernon Street – $6,000
– 800 Avondale Road #2D – $2,500
Financing Methods
– Conventional Mortgage – 16 transactions
– FHA Mortgage – 3 transactions
– Cash – 2 transactions
– VA Mortgage – 1 transaction
There were no distressed sales reported for the month.
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $397,329 | $338,000 | $160,000 | $830,000 | 55 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $142,650 | $142,650 | $101,000 | $184,300 | 52 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $200,000 | $200,000 | $200,000 | $200,000 | 99 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2016 | 19 | $350,616 | 54 | 94.6% | 97.5% |
| 2017 | 22 | $365,207 | 56 | 94.9% | 97.5% |
| 15.8% | 4.2% | 3.7% | 0.3% | 0.0% |
Wallingford PA Real Estate – Wallingford, PA 19086
