Pine Ridge Railroad
The year 2022 closes out with 13 home sales in Wallingford PA in December the same total as last year. The average selling price fell 24.1% to $376,354 from $496,152 resulting from a big drop in the average sales price of single family homes. Sales consisted of 8 single family homes, 2 condos, 2 twins, and 1 townhouse. Homes sold during the month spent an average of 30 days on the market.
December’s 8 single family homes sold for an average price of $446,125 vs an average selling price of $607,713 in 2021.
8 W Brookhaven Road had the highest selling price for the month at $675,000.
Just 4 listings went under contract during the Holiday season – all single family homes with an average asking price of $351,475 and spending an average of 48 Days On the Market.
There are 8 settlements scheduled in January, 3 in February, 2 in April and 1 in May.
The year 2022 concludes with 221 closed transactions tied with the total from 2021. The average selling price for Wallingford homes in 2022 increased 1.5% to $425,979 over last year’s $419,864.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 820 Pleasant Hill Road | SNG | 3 | 2.0 | $465,000 | 12/02/22 | 4 |
| 622 Wiltshire Drive | TWIN | 3 | 2.1 | $301,000 | 12/05/22 | 12 |
| 1167 Putnam Blvd #607 | CONDO | 1 | 1.0 | $155,000 | 12/05/22 | 106 |
| 104 Sackville Mills Lane | SNG | 3 | 2.1 | $489,000 | 12/06/22 | 6 |
| 312 Media Parkway | SNG | 3 | 2.0 | $329,500 | 12/08/22 | 10 |
| 310 Henry Lane | SNG | 4 | 2.0 | $610,000 | 12/14/22 | 6 |
| 8 W Brookhaven Road | SNG | 4 | 3.0 | $675,000 | 12/15/22 | 25 |
| 617 Niblick Lane | TOWN | 3 | 2.1 | $332,600 | 12/16/22 | 9 |
| 124 Ronaldson Street | TWIN | 3 | 2.1 | $370,000 | 12/21/22 | 3 |
| 700 Avondale Road #4H | CONDO | 1 | 2.0 | $165,000 | 12/21/22 | 66 |
| 105 Ridley Drive | SNG | 3 | 1.1 | $330,000 | 12/22/22 | 120 |
| 321 S Providence Road | SNG | 3 | 2.0 | $315,000 | 12/28/22 | 15 |
| 114 Turner Road | SNG | 3 | 1.1 | $375,000 | 12/30/22 | 3 |
| AVERAGE | $376,354 | 30 |
* DOM = Days On Market
3 of 13 transactions sold with a Seller Assist:
– 8 W Brookhaven Road – $5,000
– 104 Sackville Mills Lane – $1,000
– 321 S Providence Road – $10,850
Financing Methods
– Conventional Mortgage -8 transactions
– Cash -4 transactions
– FHA Mortgage – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $446,125 | $420,000 | $310,000 | $675,000 | 24 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $160,000 | $160,000 | $155,000 | $165,000 | 86 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $335,500 | $335,500 | $301,000 | $370,000 | 8 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $332,600 | $332,600 | $332,600 | $332,600 | 9 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2021 | 13 | $496,152 | 14 | 99.4% | 99.7% |
| 2022 | 13 | $376,354 | 30 | 94.4% | 98.1% |
| 0.0% | -24.1% | 114.3% | -5.0% | -1.6% |
* DOM = Days On Market
Wallingford PA Real Estate – Wallingford, PA 19086
