There were 21 closed transactions in Wallingford during February which almost doubled last year’s sales. The average selling price was almost dead even with last year at $394,643.
Fourteen single family homes sold for an average price of $410,600 during the month and averaged 66 Days On Market. Last February recorded 10 singles homes selling for an average price of $410,600 and spent an average of 78 Days On Market.
507 W Country Club Lane had the highest selling price of the month at $805,000.
Eleven listings went under contract during the month – 10 single family homes and 1 condo – with an average asking price of $335,709 and an average of 15 Days On the Market.
There are 17 future settlements scheduled – 13 in March, 2 in April, and 2 in May.
Sales year to date are way ahead of last year with 40 closed transactions for the first 2 months of 2020 compared to 25 last year. The average selling price of $333,943 is a 3.7% dip compared to last year.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 112 Blackthorn Road | SNG | 3 | 1.0 | $175,000 | 02/04/20 | 24 |
| 710A Putnam Blvd | CONDO | 2 | 1.0 | $122,000 | 02/07/20 | 26 |
| 414 Scott Lane | SNG | 4 | 2.1 | $385,000 | 02/07/20 | 13 |
| 304 W Rose Valley Road | SNG | 4 | 3.1 | $566,000 | 02/12/20 | 117 |
| 205 Pembroke Road | SNG | 4 | 2.2 | $520,000 | 02/13/20 | 43 |
| 305 Marlyn Lane | SNG | 4 | 2.0 | $479,000 | 02/14/20 | 1 |
| 819 Beech Road | TWIN | 3 | 1.1 | $192,500 | 02/14/20 | 29 |
| 208 Plush Mill Road | SNG | 5 | 2.1 | $490,000 | 02/19/20 | 126 |
| 202 Knoll Road | SNG | 5 | 2.1 | $535,000 | 02/20/20 | 9 |
| 412 Turner Road | SNG | 3 | 2.1 | $285,000 | 02/2020 | 134 |
| 403 Denver Court | TWIN | 1 | 1.0 | $100,000 | 02/21/20 | 33 |
| 107 Cedar Road | SNG | 3 | 1.0 | $220,000 | 02/21/20 | 120 |
| 913 Penn Valley Road | SNG | 4 | 2.1 | $440,000 | 02/21/20 | 200 |
| 745 Windsor Place | SNG | 4 | 2.1 | $330,000 | 02/21/20 | 14 |
| 422 Washington Avenue | TWIN | 3 | 1.1 | $275,000 | 02/21/20 | 7 |
| 816 Pleasant Hill Road | SNG | 4 | 2.1 | $385,000 | 02/24/20 | 36 |
| 316B Saybrook Lane | CONDO | 2 | 1.0 | $127,500 | 02/27/20 | 3 |
| 713 Kincaid Mills Lane | TOWN | 3 | 3.1 | $443,000 | 02/27/20 | 8 |
| 800 Avondale Road #4M | CONDO | 1 | 1.0 | $107,500 | 02/28/20 | 42 |
| 612 Bickmore Drive | SNG | 3 | 1.1 | $360,000 | 02/28/20 | 42 |
| 507 W Country Club Lane | SNG | 4 | 2.1 | $805,000 | 02/28/20 | 43 |
| AVERAGE | $394,643 | 51 |
* DOM = Days On Market
8 of 21 transactions had a Seller Assist:
– 414 Scott Lane – $4,160
– 305 Marlyn Lane – $15,000
– 819 Beech Road – $5,775
– 208 Plush Mill Road – $1,000
– 202 Knoll Road – $1,000
– 403 Denver Court – $1,000
– 422 Washington Avenue – $8,000
– 800 Avondale Road #4M – $2,000
Financing Methods
– Conventional Mortgage – 12 transactions
– Cash – 5 transactions
– FHA Mortgage – 2 transactions
– VA Mortgage – 1 transaction
– Private Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $426,786 | $412,500 | $175,000 | $805,000 | 66 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $189,167 | $192,500 | $100,000 | $275,000 | 23 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $119,000 | $122,000 | $107,500 | $127,500 | 24 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $443,000 | $443,000 | $443,000 | $443,000 | 8 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2019 | 11 | $394,636 | 77 | 91.6% | 95.3% |
| 2020 | 21 | $394,643 | 51 | 94.3% | 96.1% |
| 91.0% | 0.0% | -33.8% | 2.7% | 0.8% |
Wallingford PA Real Estate – Wallingford, PA 19086
