A weekly review of recently sold homes in Wallingford PA and current market statistics.
There are 19 homes listed for sale – 12 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 16, 2021 with an average asking price of $531,095.
Investors purchased a record 18.2% of US homes, amounting to a new high of $63.6B in homes during the third quarter of 2021, according to a new Redfin analysis.
A record 18.2 percent of U.S. homes purchased during the quarter were snapped up by investors, up from 16.1 percent during the second quarter and from 11.2% the year before.
In total, investors bought 90,215 homes during Q3, an increase of 10.1% from Q2 and an increase of 80.2% year over year, marking the second-greatest annual gain ever recorded.
For this report, Redfin defined investors as “any institution or business that purchases residential real estate.”
The typical price of homes purchased by investors was $438,770, 5.3% higher than the same time in 2020.
In dollar amounts, investors purchased a record high of $63.6 billion in homes during the third quarter, up from $58.8 billion the quarter before and $35.7 billion the year before.
A whopping 76.8% of investor home purchases were paid in cash during the quarter.
View all Nether Providence Twp Homes For Sale
View all Homes Listed In The Last 7 Days
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $531,095 | $529,900 | $172,000 | $1,150,000 | 35 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $649,271 | $557,500 | $299,000 | $1,150,000 | 42 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $179,500 | $179,500 | $172,000 | $187,000 | 6 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $178,499 | $178,499 | $169,999 | $186,999 | 22 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $285,000 | $285,000 | $285,000 | $285,000 | 13 |
2 Wallingford PA homes went under contract
1 new listing came onto the market
No listings were withdrawn from the market
1 listing was temporarily taken off the market
2 listings expired
38 homes are Under Contract at this time
1 Wallingford PA home sold last week
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 104 Brent Drive | SNG | 3 | 2.1 | $522,000 | 11/10/21 | 21 |
| AVERAGE | $522,000 | 21 |
104 Brent Drive sold with a $5,000 Seller Assist:
Wallingford PA Real Estate – Wallingford, PA 19086
