A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 70 homes listed for sale in Wallingford PA and Nether Providence Township on November 14, 2017 with an average asking price of $402,971.
Housing prices have returned to the “boom levels” of a decade ago, but this time around, the fast appreciation is being fueled by strong supply-and-demand dynamics rather than predatory lending practices, investor speculation, and too much construction, according to new realtor.com® data released Monday.
The national median price for a home in 2016 was $236,000 – 2% higher than in pre-recession 2006 – according to realtor.com®. Out of the country’s 50 largest housing markets, 31 have returned to their levels during the last housing bubble. Realtor.com® researchers found that Austin, Texas has posted the largest increases in home prices – 63% – over the past 10 years.
In 2006 the average selling price for Wallingford was $302,059. For the first 10 months of 2017 the average selling price was $348,670 – a 15.4% increase.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $402,971 | $399,900 | $115,000 | $790,000 | 95 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $438,956 | $439,900 | $174,900 | $790,000 | 95 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $245,191 | $197,777 | $115,000 | $490,000 | 95 |
*DOM = Days On Market
6 Wallingford PA homes went under contract
4 new listings came onto the market
No listings expired
No listings were withdrawn from the market
37 homes are Under Contract at this time
4 Wallingford PA homes sold last week.
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|
| 915 Putnam Blvd | 3 | 2.1 | $183,000 | 11/07/17 | 87 |
| 114 Walnut Road | 3 | 2.0 | $150,000 | 11/09/17 | 185 |
| 405 S Providence Road | 5 | 2.2 | $505,000 | 11/10/17 | 156 |
| 105 Beatty Road | 3 | 1.1 | $312,650 | 11/10/17 | 80 |
| Average | $287,663 | 127 |
3 homes sold with a Seller Assist
– 915 Putnam Blvd – $500
– 114 Walnut Road – $5,000
– 405 S Providence Road – $5,000
Wallingford PA Real Estate – Wallingford, PA 19086
