A total of 52 homes sold during the 4th quarter of 2017 in Wallingford PA. Sales volume fell 1 home short of last year’s final tally, but saw the average selling price increase 22.1% to $332,035 compared to last year.
The 40 single family homes sold during the quarter saw their average selling price increase 23.2% compared to last year’s 4th quarter going from $318,259 last year to $392,142 in 2017. Single homes averaged 64 days on the market during the quarter.
As the 4th quarter closes marking the end of the year closed transaction rose by 7 homes over last year to 221. The average selling price in Wallingford rose to $348,849 representing a 15.5% increase from the $302,059 recorded last year.
Single family home sales accounted for 170 of the transactions for 2017, up from 155 single homes in 2016. The average selling price of single homes climbed to $404,317, which is a 14.0% increase over last year.
There were 16 homes sold in October, 19 in November, and 17 in December.
The highest priced home sold in the 4th quarter was 202 Highland Avenue that sold in November for $780,000.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2016 | 53 | $271,858 | 75 | 91.5% | 95.4% |
| 2017 | 52 | $332,035 | 71 | 92.6% | 96.1% |
| -1.9% | 22.1% | -5.3% | 1.1% | 0.7% |
4TH QUARTER 2017 – SALES BY PRICE RANGE
| PRICE RANGE | SALES |
|---|---|
| < $100,000 | 3 |
| $100,000 To $200,000 | 12 |
| $200,000 To $300,000 | 6 |
| $300,000 To $400,000 | 14 |
| $400,000 To $500,000 | 9 |
| $500,000 To $600,000 | 5 |
| $600,000 To $700,000 | 1 |
| $700,000 To $800,000 | 2 |
| TOTAL | 52 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $392,142 | $374,500 | $110,000 | $780,000 | 64 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $108,600 | $97,000 | $67,000 | $175,000 | 61 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $146,667 | $155,000 | $105,000 | $180,000 | 74 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $156,750 | $157,000 | $130,250 | $183,000 | 140 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $126,900 | $126,900 | $126,900 | $126,900 | 205 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
