A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 34 homes listed for sale in Wallingford PA and Nether Providence Township on November 3, 2020 with an average asking price of $492,413.
The 30-year fixed-rate mortgage continued to hover near its all-time low this week, as economists predict that historically low rates will likely remain into 2021.
The 30-year fixed-rate mortgage averaged 2.81% this week, up slightly from last week’s 2.80%, which was the lowest ever in Freddie Mac’s records, dating back nearly 50 years.
“The record-low mortgage rate environment is providing tangible support to the economy at a critical time, as housing continues to propel growth,” says Sam Khater, Freddie Mac’s chief economist. “Strong purchase demand is helping to lift the construction, manufacturing, and transportation industries that build new homes and it is also leading to more consumer spending for owners, who are selling or improving their home.”
Ultra-low mortgage rates have helped homebuying activity to increase by nearly 70% compared to May, writes Nadia Evangelou, a research economist for the National Association of REALTORS® at the association’s blog.
Many homeowners are also taking advantage of the low mortgage rates to refinance their loans for lower monthly payments. Homeowners could save about $150 per month, on average, on their mortgage compared with rates a year ago. Mortgage rates lately are more than a full percentage point lower than rates over the last five years.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $492,413 | $467,500 | $104,900 | $999,900 | 59 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $589,340 | $550,000 | $264,999 | $999,900 | 66 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $366,133 | $399,500 | $269,900 | $429,000 | 58 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $150,000 | $150,000 | $115,000 | $185,000 | 14 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $174,900 | $174,900 | $104,900 | $244,900 | 60 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $130,175 | $130,175 | $128,850 | $131,500 | 11 |
*DOM = Days On Market
3 Wallingford PA homes went under contract
3 new listings came onto the market
1 listing was withdrawn from the market
1 listing was temporarily taken off the market
No listings expired
31 homes are Under Contract at this time
9 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 800 Avondale Road #6C | CONDO | 2 | 2.0 | $135,000 | 10/26/20 | 18 |
| 302 Denver Court | ROW | 2 | 1.0 | $55,000 | 10/27/20 | 11 |
| 415 Hawthorne Road | SNG | 3 | 2.1 | $527,500 | 10/29/20 | 5 |
| 7 Kershaw Road | SNG | 5 | 2.1 | $875,000 | 10/29/20 | 3 |
| 104 Luckie Lane | SNG | 5 | 3.3 | $975,000 | 10/29/20 | 34 |
| 17 Berkshire Drive | SNG | 5 | 3.0 | $430,000 | 10/29/20 | 41 |
| 302 Woodward Road | SNG | 4 | 2.1 | $635,000 | 10/30/20 | 5 |
| 411 Woodward Road | SNG | 6 | 4.0 | $830,000 | 10/30/20 | 1 |
| 527 Washington Avenue | TWIN | 3 | 1.1 | $265,000 | 10/30/20 | 10 |
| AVERAGE | $525,278 | 14 |
4 homes sold with a Seller Assist
– 415 Hawthorne Road – $5,360
– 104 Luckie Lane – $8,650
– 17 Berkshire Drive – $10,000
– 527 Washington Avenue – $5,000
Wallingford PA Real Estate – Wallingford, PA 19086
