The 2nd quarter of 2018 in Wallingford PA recorded a total of 82 homes sold surpassing last year’s volume by 16 homes and saw the average selling price decrease by 7.5% to $343,950. Total dollar sales volume rose to $28,203,905 and days on market increased 8.3% to an average of 75 vs 60 last year.
The core category of single family homes posted 58 sales with an average selling price of $414,883 compared to 55 single homes selling last year with an average selling price of $418,405 – a decrease of less than one percent.
April recorded 19 sales, May 25 sales, and 38 homes were sold in June.
The highest priced home sold in the 2nd quarter was 915 Truepenny Road that sold in June for $880,000.
At the mid point of the year 123 closed transactions have been recorded with an average selling price of $330,893 compared to 106 sales with an average selling price of $355,962 for the first six months of 2017.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2017 | 68 | $371,707 | 60 | 95.9% | 97.8% |
| 2018 | 82 | $343,950 | 75 | 96.0% | 97.8% |
| 23.65 | -7.5% | 8.3% | 0.1% | 0.0% |
2ND QUARTER 2018 – SALES BY PRICE RANGE
| PRICE RANGE | SALES |
|---|---|
| 0 To $100,000 | 3 |
| $100,000 To $200,000 | 12 |
| $200,000 To $300,000 | 20 |
| $300,000 To $400,000 | 15 |
| $400,000 To $500,000 | 19 |
| $500,000 To $600,000 | 8 |
| $600,000 To $700,000 | 3 |
| $700,000 To $800,000 | 2 |
| TOTAL | 82 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $414,883 | $430,740 | $175,000 | $880,000 | 75 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $218,330 | $211,000 | $170,000 | $277,500 | 80 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $167,838 | $153,550 | $95,900 | $425,000 | 80 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $102,450 | $107,450 | $67,900 | $119,900 | 54 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
