The year 2021 closes out with 13 home sales in Wallingford PA in December – 5 less than last December. The average selling price rose 24.8% to $496,152 from $397,494. Sales consisted of 9 single family homes, 1 condo, and 1 twin. Homes sold during the month spent an average of just 14 days on the market with 8 homes selling in less than 14 days..
December’s 9 single family homes sold for an average price of $607,713 and averaged 17 days on the market vs an average selling price of $473,115 and 50 days on the market in 2021.
104 Sycamore Lane had the highest selling price for the month at $1,038,000.
Fourteen listings went under contract during the Holiday season – 8 single family homes, 3 condos, and 3 townhomes – with an average asking price of $522,936 and spending an average of 25 Days On the Market.
There are 13 settelments scheduled in January, 9 in February, 3 in March, 1 in June, 3 in July, and 1 in August. Some of the scheduled settlments seem to be in the distant future – they are homes that are under contract in the new construction development of Media Walk – some of which have not started constuction yet.
The year 2021 concludes with 221 closed transactions vs 223 in 2020. The average selling price for Wallingford homes in 2021 increased 10.6% to $419,864 over last year’s $379,689. There were 135 single family home sales in 2021 with an average sales price of $536,464 and an average of just 18 days on the market compared to last year’s 161 single homes sales that had an average sales price of $452,648 and spent 32 days on the market on average.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 208 Walnut Road | SNG | 3 | 1.0 | $280,000 | 12/03/21 | 9 |
| 206 Wisteria Lane | SNG | 5 | 3.1 | $760,000 | 12/03/21 | 6 |
| 523 S Media Way | SNG | 3 | 2.1 | $564,915 | 12/03/21 | 41 |
| 800 Avondale Road #4J | CONDO | 3 | 2.0 | $187,000 | 12/09/21 | 7 |
| 103 Kershaw Road | SNG | 4 | 2.0 | $641,500 | 12/10/21 | 5 |
| 104 Sycamore Lane | SNG | 4 | 3.1 | $1,038,000 | 12/10/21 | 5 |
| 608 W Wiltshire Drive | TWIN | 3 | 2.1 | $300,000 | 12/15/21 | 5 |
| 309 Colonial Drive | SNG | 5 | 3.1 | $740,000 | 12/15/21 | 8 |
| 507 Bickmore Drive | SNG | 4 | 3.0 | $565,000 | 12/17/21 | 19 |
| 111 Ash Road | SNG | 3 | 2.0 | $310,000 | 12/22/21 | 8 |
| 354A Saybrook Lane | CONDO | 2 | 1.0 | $175,000 | 12/22/21 | 5 |
| 507 Oakcrest Lane | SNG | 4 | 2.1 | $570,000 | 12/28/21 | 50 |
| 507 South Media Way | CONDO | 2 | 2.0 | $318,560 | 12/30/21 | 11 |
| AVERAGE | $496,152 | 14 |
* DOM = Days On Market
2 of 13 transactions sold with a Seller Assist:
– 103 Kershaw Road – $3,000
– 800 Avondale Road #4J – $2,000
Financing Methods
– Conventional Mortgage -10 transactions
– Cash – 2 transactions
– FHA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $607,713 | $570,000 | $280,000 | $1,038,000 | 17 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $226,853 | $187,000 | $175,000 | $318,560 | 8 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $300,000 | $300,000 | $300,000 | $300,000 | 5 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2020 | 18 | $397,494 | 45 | 97.6% | 99.0% |
| 2021 | 13 | $496,152 | 14 | 99.4% | 99.7% |
| -27.8% | 24.8% | -68.9% | 1.8% | 0.7% |
* DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
