The 2nd quarter of 2020 in Wallingford PA did not escape the effects of the pandemic and the ensuing shutdown of the real estate industry. A total of just 38 homes sold during the quarter, down 54.2% from a total of 83 last year. The average sales bucked that trend rising 6.7% to $382,315.
A total of $14,527,978 of real estate changed hands during the quarter.
The core category of single family homes recorded 29 sales with an average selling price of $450,652 compared to last year’s average selling price of $407,087 when 62 singles homes sold.
Days On Market averaged just 14 days vs 30 last year.
April recorded 14 sales, May had 10 sales, and 14 homes were sold in June.
The highest priced home sold in the quarter was 101 Mulberry Lane which sold in June for $870,000.
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2019 | 83 | $358,286 | 30 | 97.3% | 98.2% |
| 2020 | 38 | $382,315 | 14 | 100.0% | 100.5% |
| -54.2% | 6.7% | -53.3% | 2.7% | 2.3% |
2ND QUARTER 2020 – SALES BY PRICE RANGE
| PRICE RANGE | SALES | % Of SALES |
|---|---|---|
| < $100,000 | 2 | 5.3% |
| $100,000 To $200,000 | 4 | 10.5% |
| $200,000 To $300,000 | 5 | 13.2% |
| $300,000 To $400,000 | 11 | 28.9% |
| $400,000 To $500,000 | 6 | 15.8% |
| $500,000 To $600,000 | 6 | 15.8% |
| $600,000 To $700,000 | 2 | 5.3% |
| $700,000 To $800,000 | 1 | 2.6% |
| $800,000 To $900,000 | 1 | 2.6% |
| TOTAL | 38 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $450,652 | $425,000 | $223,000 | $870,000 | 11 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $108,416 | $121,679 | $70,500 | $130,000 | 34 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $229,250 | $235,000 | $131,000 | $316,000 | 11 |
*DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
