June Hydrangeas
The average sales price in June was $428,437, which represents a 12.0% idecrease compared to last year. Inventory continued to be low with 12 to 16 houses being on the market at anytime during the month. June’s 21 sales consisted of 11 single family homes, 5 townhomes, 3 condos, and 2 twins. The number of homes sold decreased by 12 from 33 last June to 21 this year.
There were 11 single family homes sold in June – compared with 22 last June – with an average price of $525,364 – $86,586 less than last year. Singles averaged 19 days on the market.
The highest selling price for the month was $855,000 for 227 Rogers Lane.
A total of 21 homes went under contract during June 2022 with an average asking price of $356,795. Eleven singles, 4 townhouses, 2 twins and 5 condos were sold during the month.
There are 24 settlements scheduled in July, 7 in August, 1 in October, 3 in December, and 2 in 2022
At the mid point of the year sales are up by 1 home compared to 2021’s first 6 months with 106 closed transactions versus 105 during the first half of last year. The average sale price has increased 12.0% over last year averaging $454,120.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 313 Prichard Lane | SNG | 4 | 2.1 | $420,000 | 06/01/22 | 7 |
| 227 Rogers Lane | SNG | 4 | 2.1 | $855,000 | 06/01/22 | 7 |
| 506 S Media Way #9U | TOWN | 3 | 2.0 | $541,575 | 06/01/22 | 53 |
| 504 Scott Lane | SNG | 5 | 2.1 | $540,000 | 06/02/22 | 58 |
| 300 Scott Lane | SNG | 4 | 1.1 | $451,500 | 06/03/22 | 5 |
| 611 W Wiltshire Drive | TWIN | 3 | 3.0 | $341,500 | 06/08/22 | 7 |
| 1124 Putnam Blvd | TOWN | 3 | 2.1 | $250,000 | 06/09/22 | 1 |
| 800 Avondale Road – PH#17 | CONDO | 1 | 1.0 | $143,000 | 06/14/22 | 20 |
| 606 School Lane | SNG | 3 | 1.1 | $435,500 | 06/15/22 | 4 |
| 738B Putnam Blvd | CONDO | 2 | 1.0 | $160,000 | 06/16/22 | 8 |
| 336 Crestview Circle | SNG | 3 | 2.1 | $380,000 | 06/16/22 | 27 |
| 6 Sharpless Lane | SNG | 4 | 2.1 | $626,000 | 06/17/22 | 5 |
| 29 Waterford Way | SNG | 5 | 2.1 | $700,000 | 06/21/22 | 6 |
| 800 Avondale Road – #6H | CONDO | 1 | 1.0 | $162,500 | 06/23/22 | 2 |
| 116 Maple Road | SNG | 3 | 1.0 | $321,000 | 06/29/22 | 5 |
| 608 Crum Creek Road | SNG | 4 | 2.1 | $650,000 | 06/28/22 | 16 |
| 925 Putnam Blvd | TOWN | 4 | 2.2 | $290,000 | 06/29/22 | 12 |
| 1167 Putnam Blvd | TOWN | 3 | 2.1 | $227,500 | 06/29/22 | 7 |
| 450 Washington Avenue | SNG | 3 | 2.0 | $400,000 | 06/29/22 | 71 |
| 511 S Media Way | TOWN | 3 | 3.1 | $602,110 | 06/30/22 | 18 |
| 200 Hillsboro Mills Lane | TWIN | 3 | 2.2 | $500,000 | 06/30/22 | 6 |
| AVERAGE | $428,437 | 16 |
* DOM = Days On Market
3 of 21 homes sold with a Seller Assist:
– 800 Avondale Road – PH#17 – $2,000
– 611 W Wiltshire Drive – $5,000
– 200 Hillsboro Mills Lane – $1,987
Financing Methods
– Conventional Mortgage – 12 transactions
– Cash – 6 transactions
– FHA Mortgage – 2 transactions
– Other – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $525,364 | $451,500 | $321,000 | $855,000 | 19 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $382,237 | $290,000 | $227,500 | $601,110 | 18 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $155,167 | $160,000 | $143,000 | $162,500 | 10 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $420,750 | $420,750 | $341,500 | $500,000 | 7 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2021 | 33 | $486,827 | 13 | 103.7% | 104.2% |
| 2022 | 21 | $428,437 | 16 | 101.6% | 102.2% |
| -36.3% | -12.0% | 23.0% | -2.1% | -2.0% |
Wallingford PA Real Estate – Wallingford, PA 19086
