July 2020 finished with 21 closed sales 2 homes shy of last July. The average sales price came in at $466,929 representing a 25.4% increase. The 21 sales were comprised of 18 single family homes and 3 townhomes.
Eighteen single family homes sold for an average price of $493,389 and averaged 40 days on the market. Last July 17 single family homes sold for an average price of $441,147 with an average of 41 days on the market.
The highest selling price for the month was $711,000 for 507 Wildflower Lane.
Pent up demand led to a buying spree with 34 contract signings during the month – 19 single family homes, 7 townhouses, 5 condos, and 3 twin homes. The average asking price was $328,588 and these listings averaged 33 days on the market.
Upcoming settlements – August – 27, September – 2.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 600 Washington Avenue | SNG | 2 | 1.0 | $223,805 | 07/02/20 | 27 |
| 206 Knoll Road | SNG | 4 | 3.0 | $539,000 | 07/06/20 | 8 |
| 1 Hickory Lane | SNG | 3 | 2.0 | $414,000 | 07/14/20 | 3 |
| 411 Sheffield Drive | SNG | 5 | 3.0 | $469,800 | 07/16/20 | 56 |
| 211 Maple Road | SNG | 4 | 2.0 | $350,000 | 07/17/20 | 7 |
| 403 Burning Tree Road | SNG | 3 | 2.0 | $373,500 | 07/17/20 | 5 |
| 733 S Providence Road | SNG | 3 | 2.1 | $248,000 | 07/20/20 | 99 |
| 907 Twyckenham Road | SNG | 4 | 3.0 | $702,000 | 07/21/20 | 6 |
| 211 Plush Mill Road | SNG | 4 | 2.2 | $485,000 | 07/22/20 | 4 |
| 32 Mallard Mill Run | TOWN | 3 | 2.1 | $314,500 | 07/22/20 | 18 |
| 221 Engle Drive | SNG | 4 | 3.0 | $416,000 | 07/23/20 | 5 |
| 300 Denis Lane | SNG | 3 | 1.1 | $340,000 | 07/23/20 | 3 |
| 199 Woodward Road | SNG | 5 | 4.1 | $675,000 | 07/23/20 | 4 |
| 304 Somerset Place | SNG | 3 | 2.1 | $339,900 | 07/27/20 | 2 |
| 110 Stratford Lane | SNG | 4 | 3.1 | $620,000 | 07/28/20 | 25 |
| 905 Twyckenham Road | SNG | 5 | 3.2 | $1,040,000 | 07/30/20 | 0 |
| 616 Creekside Road | SNG | 3 | 2.1 | $399,000 | 07/30/20 | 50 |
| 365 Saybrook Lane | TOWN | 3 | 2.1 | $250,000 | 07/30/20 | 34 |
| 111 Waterville Road | SNG | 5 | 3.1 | $535,000 | 07/30/20 | 340 |
| 507 Wildflower Lane | SNG | 5 | 3.2 | $711,000 | 07/30/20 | 68 |
| 102 Dundee Mills Lane | TOWN | 3 | 3.1 | $360,000 | 07/31/20 | 102 |
| AVERAGE | $466,929 | 41 |
* DOM = Days On Market
10 of 21 homes sold with a Seller Assist:
– 600 Washington Avenue – $6,714
– 206 Knoll Road – $8,700
– 211 Plush Mill Road – $3,945
– 32 Mallard Mill Run – $1,500
– 199 Woodward Road – $300
– 304 Somerset Place – $1,500
– 110 Stratford Lane – $1,500
– 905 Twyckenham Road – $27,000
– 507 Wildflower Lane- $1,000
– 111 Waterville Road – $5,000
Financing Methods
– Conventional Mortgage – 17 transactions
– Cash – 3 transactions
– VA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $493,389 | $442,900 | $223,805 | $1,040,000 | 40 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $308,167 | $314,500 | $250,000 | $360,000 | 51 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2019 | 23 | $372,296 | 37 | 97.1% | 98.8% |
| 2020 | 21 | $466,929 | 41 | 98.2% | 99.7% |
| -8.7% | 25.4% | 10.8% | 1.1% | 0.9% |
Wallingford PA Real Estate – Wallingford, PA 19086
