The average sales price for August 2024 came in at $581,605 representing a 13.0 % increase compared to last year.
The 19 sales were comprised of 13 single family homes, 3 condos, and 3 townhomes.
Thirteen single family homes sold during the month for an average price of $728,154 and averaged 26 days on the market. Last August 12 single family homes sold for an average of $739,813 and averaged 25 days on market..
The highest selling price for the month was $1,650,000 for 208 Sycamore Lane.
Nine homes went under contract during the month – 8 single family homes and 1 condo. The average asking price was $415,989 and these listings averaged 10 days on the market.
Upcoming settlements – 10 in September and 1 in October..
Through the first 8 months of 2024 there have been 108 transactions this year with an average sales price of $546,516 and 20 days on the market. Last year’s the total was 117 transactions averaging $456,959 and 26 days on the market.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 7 Kershaw Road | SNG | 5 | 1.1 | $1,275,000 | 08/01/24 | 0 |
| 904 Penn Valley Road | SNG | 4 | 3.0 | $828,000 | 08/02/24 | 2 |
| 107 Emerald Street | SNG | 2 | 1.0 | $345,000 | 08/07/24 | 10 |
| 324A Saybrook Lane | CONDO | 2 | 1.0 | $205,000 | 08/09/24 | 5 |
| 410 Scott Lane | SNG | 5 | 2.1 | $750,000 | 08/12/24 | 5 |
| 354B Saybrook Lane | CONDO | 2 | 1.0 | $210,000 | 08/14/24 | 6 |
| 367 Saybrook Lane | TOWN | 2 | 2.1 | $307,000 | 08/15/24 | 3 |
| 212 Copples Lane | SNG | 4 | 1.0 | $580,000 | 08/15/24 | 27 |
| 342A Saybrook Lane | CONDO | 2 | 1.0 | $187,500 | 08/19/24 | 10 |
| 711 Forest Avenue | SNG | 3 | 1.1 | $240,000 | 08/19/24 | 160 |
| 408 E Country Club Lane | SNG | 4 | 2.2 | $616,000 | 08/20/24 | 9 |
| 5 Plush Mill Road | SNG | 3 | 1.1 | $615,000 | 08/21/24 | 5 |
| 206 Winterlock Way | SNG | 4 | 2.1 | $625,000 | 08/21/24 | 26 |
| 208 Sycamore Lane | SNG | 5 | 3.1 | $1,650,000 | 08/22/24 | 5 |
| 727 Hemlock Lane | SNG | 4 | 2.1 | $875,000 | 08/23/24 | 2 |
| 206 Grandview Road | SNG | 3 | 2.1 | $762,000 | 08/26/24 | 11 |
| 506 Hastings Avenue | SNG | 2 | 1.0 | $305,000 | 08/27/24 | 72 |
| 1326 Putnam Blvd | TOWN | 3 | 2.1 | $370,000 | 08/28/24 | 4 |
| 1342 Putnam Blvd | TOWN | 2 | 2.1 | $305,000 | 08/30/24 | 5 |
| AVERAGE | $581,605 | 19 |
* DOM = Days On Market
Financing Methods
– Conventional Mortgage – 13 transactions
– Cash – 6 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $728,154 | $625,000 | $240,000 | $1,650,000 | 26 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $327,333 | $307,000 | $305,000 | $370,000 | 4 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $200,833 | $205,000 | $187,500 | $210,000 | 7 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2023 | 21 | $514,512 | 22 | 107.7% | 108.5% |
| 2024 | 19 | $581,605 | 19 | 99.3% | 101.1% |
| -9.5% | 13.0% | -13.7% | -8.4% | -7.4% |
Wallingford PA Real Estate – Wallingford, PA 19086
