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The average sales price in June was $483,262, which represents a 13.6% increase over last year. June’s 15 sales consisted of 11 single family homes, 2 condos, and 2 twins. The number of homes sold decreased by 7, from 22 last June to 15 this year.
With just 15 settlements this month, in what is typically the busiest month of the year, sales volume is running significantly lower than the 5 year average of 28 June settlements.
There were 11 single family homes sold in June with an average price of $570,811. Singles averaged 24 days on the market.
The highest selling price for the month was $915,000 for 41 S Providence Road.
A total of 18 homes went under contract during June 2023 with an average asking price of $444,572. Twelve singles, 3 townhouses, 2 twins and 1 condos were sold during the month.
There are 12 settlements scheduled in July and 6 in August.
At the mid point of the year sales are tracking well behind 2022’s first 6 months with 82 closed transactions versus 107 during the first half of last year. The average sale price has decreased 2.0% over last year averaging $444,172.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 510 Washington Avenue | TWIN | 5 | 1.0 | $165,000 | 06/05/23 | 1 |
| 800 Avondale Road #5K | CONDO | 2 | 2.0 | $185,000 | 06/05/23 | 4 |
| 621 Morris Lane | SNG | 3 | 2.1 | $605,000 | 06/05/23 | 3 |
| 41 S Providence Road | SNG | 5 | 3.0 | $915,000 | 06/05/23 | 143 |
| 701 Hemlock Road | SNG | 4 | 2.0 | $499,900 | 06/05/23 | 20 |
| 215 E Rose Valley Road | SNG | 3 | 2.0 | $697,500 | 06/15/23 | 5 |
| 213 E Rose Valley Road | SNG | 4 | 2.1 | $590,000 | 06/20/23 | 11 |
| 503 Oakcrest Lane | SNG | 5 | 2.0 | $620,000 | 06/20/23 | 9 |
| 524 S Media Way | SNG | 3 | 2.1 | $725,525 | 06/12/23 | 20 |
| 209 Pine Road | SNG | 3 | 1.0 | $386,000 | 06/26/23 | 2 |
| 621 Manchester Avenue | TWIN | 3 | 1.1 | $365,000 | 06/20723 | 5 |
| 700 Avondale Road #5F | CONDO | 2 | 2.0 | $255,000 | 06/29/23 | 4 |
| 14 Walnut Road | SNG | 3 | 2.0 | $380,000 | 06/29/23 | 4 |
| 128 Wallingford Avenue | SNG | 3 | 1.1 | $450,000 | 06/29/23 | 49 |
| 117 Waterville Road | SNG | 5 | 2.1 | $400,000 | 06/30/23 | 3 |
| AVERAGE | $483,262 | 19 |
* DOM = Days On Market
No homes sold with a Seller Assist:
Financing Methods
– Conventional Mortgage – 7 transactions
– Cash – 6 transactions
– VA Mortgage – 1 transaction
– Other – 1 transaction
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $570,811 | $590,000 | $380,000 | $915,000 | 24 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $220,000 | $120,000 | $185,000 | $255,000 | 4 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $265,000 | $265,000 | $165,000 | $365,000 | 3 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2022 | 22 | $425,508 | 17 | 101.5% | 102.0% |
| 2023 | 15 | $483,262 | 19 | 102.9% | 101.6% |
| -32.0% | 13.6% | 12.0% | 1.4% | -0.4% |
Wallingford PA Real Estate – Wallingford, PA 19086
