A total of 47 homes sold during the 4th quarter of 2018 in Wallingford PA. Sales volume fell 5 homes short of last year’s final tally. The average selling price also fell short of it’s 2017 counterpart falling $77,697 – a 23.4% decrease compared to last year. Sales of single family homes fell from 40 last year to 26 in 2018 accounting for a majority of the price drop.
The 26 single family homes sold during the quarter saw their average selling price drop 12.1% compared to last year’s 4th quarter going from $391,714 last year to $344,452 in 2018. Single homes averaged 177 days on the market during the year’s final quarter.
The highest priced home sold in the 4th quarter was 216 Fairfield Drive that sold in November for $518,000.
2018 YEAR END SUMMARY
Single family home sales accounted for 152 of the transactions for 2018, down from 170 single homes in 2017. The average selling price of single homes fell to $389,970, which is a 3.5% decrease over last year.
As the 4th quarter closes marking the end of the year closed transaction rose by 10 homes over last year to 231. The average selling price in Wallingford fell to $313,899 representing a 9.9% decrease from the $348,849 recorded last year.
For detailed information on the 2018 market in Wallingford click here.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2017 | 52 | $331,706 | 94 | 92.6% | 96.0% |
| 2018 | 47 | $254,009 | 120 | 93.5% | 96.0% |
| -9.6% | -23.4% | -27.7% | 0.9% | 0.0% |
4TH QUARTER 2018 – SALES BY PRICE RANGE
| PRICE RANGE | SALES |
|---|---|
| < $100,000 | 5 |
| $100,000 To $200,000 | 15 |
| $200,000 To $300,000 | 8 |
| $300,000 To $400,000 | 15 |
| $400,000 To $500,000 | 3 |
| $500,000 To $600,000 | 1 |
| TOTAL | 47 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $344,452 | $372,500 | $140,000 | $518,000 | 177 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $121,699 | $120,000 | $77,000 | $212,000 | 30 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $172,150 | $186,800 | $45,000 | $270,000 | 58 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $184,960 | $180,000 | $174,900 | $204,900 | 65 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $91,333 | $100,000 | $67,000 | $107,000 | 78 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
