A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 24 homes listed for sale – 11 Active listings and 13 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 22, 2020 with an average asking price of $480,542.
This week marked the 15th record low for mortgage rates this year. The 30-year fixed-rate mortgage dipped further to an average of 2.67%, the lowest rate ever recorded by Freddie Mac, with records dating back to 1971.
“The housing market continues to surge higher and support an otherwise stagnant economy that has lost momentum in the last couple of months,” said Sam Khater, Freddie Mac’s chief economist. “Mortgage rates are at record lows and pushing many prospective home buyers off the sidelines and into the market. Homebuyer sentiment is sanguine and purchase demand shows no real signs of waning at all heading into next year.”
Freddie Mac reports the following national averages with mortgage rates for the week ending Dec. 17:
- 30-year fixed-rate mortgages: averaged 2.67%, with an average 0.7 point, falling from last week’s 2.71% average. This time last year, 30-year rates averaged 3.73%.
- 15-year fixed-rate mortgages: averaged 2.21%, with an average 0.6 point, falling from last week’s 2.26%. A year ago, 15-year rates averaged 3.19%.
- 5-year hybrid adjustable-rate mortgages: averaged 2.79%, with an average 0.3 point, unchanged from last week. A year ago, 5-year ARMs averaged 3.36%.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $480,542 | $467,000 | $45,000 | $949,000 | 61 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $544,437 | $549,000 | $270,000 | $949,000 | 65 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $339,900 | $339,900 | $339,900 | $339,900 | 33 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $212,200 | $201,950 | $45,000 | $399,900 | 50 |
6 Wallingford PA homes went under contract
2 new listings came onto the market
1 listing was withdrawn from the market
1 listing was temporarily taken off the market
No listings expired
30 homes are Under Contract at this time
3 Wallingford PA homes sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 317 Prichard Lane | SNG | 3 | 2.1 | $352,500 | 12/17/20 | 3 |
| 755 W Brookhaven Road | SNG | 4 | 4.0 | $515,000 | 12/17/20 | 63 |
| 800 Avondale Road #7N | CONDO | 1 | 1.0 | $104,500 | 12/17/20 | 22 |
| AVERAGE | $324,000 | 29 |
755 W Brookhaven Road sold with a $10,000 Seller Assist
Wallingford PA Real Estate – Wallingford, PA 19086
