Daffodils In A February Snow
February recorded a total of 12 homes sold vs 9 homes last year. The average selling price decreased 4.0% year over year to $461,242.
Seven single family homes sold for an average price of $529,414 during the month and averaged 34 Days On the Market. Last February recorded 6 single home sales selling for an average price of $602,333 and spent an average of 34 Days On the Market.
4 Purdy Lane had the highest selling price of the month at $745,000.
Nine listings went under contract during the month – 5 single family homes, 2 townhouses, 1 twin, and 1 condo – with an average asking price of $541,700 and an average of 13 Days On the Market.
Upcoming settlements – 6 in March, 3 in April, and 1 in November.
Sales year to date falls short by 1 home vs last year with with 17 closed transactions for the first 2 months of 2024 compared to 18 last year. The average selling price of $433,648 is a 1.1% increase compared to last year.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 800 Avondale Road #5L | CONDO | 3 | 2.0 | $280,000 | 02/02/24 | 5 |
| 509 Manchester Avenue | TWIN | 4 | 1.0 | $390,000 | 02/08/24 | 58 |
| 119 Maple Road | SNG | 3 | 1.0 | $370,000 | 02/12/24 | 2 |
| 118 Dundee Mills Lane | TOWN | 3 | 2.1 | $535,000 | 02/12/24 | 95 |
| 4 Purdy Lane | SNG | 6 | 4.0 | $745,000 | 02/16/24 | 72 |
| 3 Green Valley Road | SNG | 3 | 2.0 | $625,000 | 02/23/24 | 4 |
| 610 W Brookhaven Road | SNG | 4 | 2.1 | $485,900 | 02/23/24 | 122 |
| 117 Beech Road | SNG | 3 | 2.1 | $500,000 | 02/28/24 | 7 |
| 204 Canterbury Drive | SNG | 4 | 2.1 | $530,000 | 02/28/24 | 6 |
| 443 Saybrook Lane | TOWN | 2 | 2.1 | $309,000 | 02/28/24 | 5 |
| 207 Cricket Lane | SNG | 4 | 2.1 | $450,000 | 02/29/24 | 22 |
| 105 Ronaldson Street | TWIN | 2 | 1.0 | $315,000 | 02/29/24 | 59 |
| AVERAGE | $461,242 | 38 |
* DOM = Days On Market
5 of 12 transactions had a Seller Assist:
– 4 Purdy Lane – $5,000
– 610 W Brookhaven Road – $14,577
– 204 Canterbury Drive – $20,000
– 207 Cricket Lane – $2,000
– 105 Ronaldson Street – $1,500
Financing Methods
– Conventional Mortgage – 9 transactions
– Cash – 3 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $529,414 | $500,000 | $370,000 | $745,000 | 34 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $352,500 | $352,500 | $315,000 | $390000 | 59 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $422,000 | $422,000 | $309,000 | $535,000 | 50 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $280,000 | $280,000 | $280,000 | $280,000 | 5 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2023 | 9 | $480,444 | 31 | 97.6% | 100.00% |
| 2024 | 12 | $461,242 | 38 | 98.8% | 100.04% |
| 33.3% | -4.0% | 22.6% | 1.2% | 0.04% |
Wallingford PA Real Estate – Wallingford, PA 19086
