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Wallingford PA Real Estate – July 31, 2023 To August 6, 2023

August 8, 2023 by admin

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 18 homes listed for sale – 11 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 8, 2023 with an average asking price of $578.906.

The median distance that buyers traveled to their new home was 50 miles in 2022, according to data published by the National Association of Realtors (NAR). That’s more than triple the median distance moved in the last 30 years, which ranged from 10 to 15 miles.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 18 Listings
*11 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$578,906	$549,900	$165,000	$1,898,000	64

Single Home Market Snapshot – 13 Listings
*9 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$681,723	$574,900	$314,900	$1,898,000	75

Twin Home Market Snapshot – 4 Listings
*2 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$315,725	$297,500	$283,000	$384,900	42

Condo Home Market Snapshot – 1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$165,000	$165,000	$165,000	$165,000	9

3 Wallingford PA homes went under contract

2 new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

20 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold July 31, 2023 To August 6, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
208 Governors Drive	SNG	3	2.0	$512,500	08/02/23	6
109 Chestnut Parkway	SNG	5	2.2	$536,250	08/03/23	14
617 E Wiltshire Drive	TWIN	3	2.0	$350,000	08/03/23	5
705 Lansing Court	TWIN	2	1.0	$75,000	08/04/23	7
AVERAGE				$368,438		8

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 2023

August 3, 2023 by admin

Nine fewer homes sold in July 2023 compared to last year. The average selling price came in at $458,640 which represents a 12.9% increase year over year. Homes continue to sell quickly with the homes that settled in July averaging just 14 days on market.

July’s 13 sales consisted of 9 single family homes, 2 condos, 1 townhome, and 1 twin.

There were 9 single family homes sold in July – compared with 13 last year – with an average price of $536,813. Singles averaged 13 days on the market.

The highest selling price for the month was $800,000 for 394 Turner Road.

The pipeline for future settlements continues to be quite less than full with a total of just 13 homes going under contract during July 2023 with an average asking price of $524,685. Six singles, 3 twins, 2 townhouses, and 2 condos were sold during the month.

There are 15 settlements scheduled in August, and 2 in September. Last year at this time there were 31 scheduled settlements which further demonstrates the slow down of the market and dwindling inventory.

Seven months into the year sales are up down 33 homes compared to 2022’s first 7 months with 96 closed transactions versus 128 last year. The average sale price is almost identical with last year averaging $444,369 vs $445,259 last year.

**Wallingford Homes Sold July 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
306 Prichard Lane	SNG	3	1.1	$437,000	07/12/23	4
1000 Putnam Blvd #504	CONDO	2	2.0	$205,000	07/13/23	18
8 Leslie Lane	SNG	4	2.0	$535,321	07/14/23	5
105 Canterbury Drive	SNG	4	1.1	$489,000	07/14/23	3
6A Copples Lane	SNG	4	2.1	$575,000	07/14/23	2
394 Turner Road	SNG	4	3.1	$800,000	07/17/23	3
513 Vernon Street	TWIN	3	2.1	$421,000	07/20/23	6
611 Bickmore Drive	SNG	3	1.1	$455,000	07/25/23	3
512 Hastings Avenue	SNG	2	1.1	$300,000	07/26/23	20
410 Briarwood Road	SNG	3	1.1	$575,000	07/26/23	6
1021 Putnam Blvd	TOWN	2	2.1	$300,000	07/27/23	3
1000 Putnam Blvd #106	CONDO	2	2.1	$205,000	07/27/23	40
801 Pleasant Hill Road	SNG	5	3.0	$665,000	07/27/23	73
AVERAGE				$458,640		14

* DOM = Days On Market

No homes this month sold with a Seller Assist:

Financing Methods

– Conventional Mortgage – 10 transactions

– Cash -3 transactions

**WALLINGFORD SINGLE HOMES SOLD – JULY 2023 – 9 SALES**
Avg Price	Median Price	Low	High	DOM*
$536,813	$535,321	$300,000	$800,000	13

**WALLINGFORD TOWNHOUSES SOLD – JULY 2023 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$300,000	$300,000	$300,000	$300,000	3

**WALLINGFORD TWINS SOLD – JUNE 2023 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$421,000	$421,000	$421,000	$421,000	6

**WALLINGFORD CONDOS SOLD – JUNE 2023 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$252,500	$252,500	$205,000	$300,000	11

**WALLINGFORD – JULY 2022 VS JULY 2023**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	22	$406,258	11	106.3%	104.3%
2023	13	$458,640	14	101.7%	104.4%
	-40.9%	12.9%	27.3%	-4.6%	0.1%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 24, 2023 To July 30, 2023

August 1, 2023 by admin

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 16 homes listed for sale – 9 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 1, 2023 with an average asking price of $663,713.

Pending Home Sales Index, based on signed contracts that become sales after a month or two, rose 0.3% to 76.8 in June.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 16 Listings
*9 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$663,714	$595,000	$283,000	$1,898,000	52

Single Home Market Snapshot – 11 Listings
*7 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$725,991	$599,000	$329,000	$1,898,000	83

Twin Home Market Snapshot – 4 Listings
*1 -Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$313,225	$292,500	$283,000	$384,900	39

Condo Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$165,000	$165,000	$165,000	$165,000	2

3 Wallingford PA homes went under contract

3 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

23 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold July 24, 2023 To July 30, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
611 Bickmore Drive	SNG	3	1.1	$455,000	07/25/23	3
512 Hastings Avenue	SNG	2	1.1	$300,000	07/26/23	20
410 Briarwood Road	SNG	3	1.1	$575,000	07/26/23	6
1021 Putnam Blvd	TOWN	2	2.1	$300,000	07/27/23	3
1000 Putnam Blvd #106	CONDO	2	2.1	$205,000	07/27/23	40
801 Pleasant Hill Road	SNG	5	3.0	$665,000	07/27/23	73
AVERAGE				$416,667		24

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 17, 2023 To July 23, 2023

July 25, 2023 by admin

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 14 homes listed for sale – 6 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 25, 2023 with an average asking price of $660,671.

Existing home sales fell 3.3% last month from May to a seasonally adjusted annual rate of 4.16 million, the National Association of Realtors reported last week.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 14 Listings
*6 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$660,671	$597,450	$283,000	$1,898,000	98

Single Home Market Snapshot – 11 Listings
*6 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$761,945	$625,000	$350,000	$1,898,000	111

Twin Home Market Snapshot – 3 Listings
*No Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,333	$290,000	$283,000	$295,000	50

5 Wallingford PA homes went under contract

2 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

28 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold July 17, 2023 To July 23, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
394 Turner Road	SNG	4	3.1	$800,000	07/17/23	3
513 Vernon Street	TWIN	3	2.1	$421,000	07/20/23	6
AVERAGE				$610,500		5

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 10, 2023 To July 16, 2023

July 18, 2023 by admin

A weekly review of recently sold homes in Wallingford PA and current market statistics.

There are 14 homes listed for sale – 10 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 18, 2023 with an average asking price of $655,963.

Compared to the prior month, the monthly mortgage payment increased by 3.7%, while the median price of single-family homes inclined 2.8%. The monthly mortgage payment increased by $73 from last month.

As of March 2023, the national Housing Affordability Index fell below 100, which means that the typical family cannot afford to buy based on the price of a median-priced home. An index below 100 means that a family with a median income had less than the income required to afford a median-priced home.

A mortgage is considered affordable if the mortgage payment (principal and interest) amounts to 25% or less of the family’s income.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 14 Listings
*10 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$655,963	$612,450	$199,000	$1,898,000	107

Single Home Market Snapshot – 11 Listings
*8 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$764,226	$649,687	$289,900	$1,898,000	124

Twin Home Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,000	$289,000	$283,000	$295,000	68

Townhouse Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$199,000	$199,000	$199,000	$199,000	3

3 Wallingford PA homes went under contract

2 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

22 homes are Under Contract at this time

5 Wallingford PA homes sold last week

**Wallingford Homes Sold July 10, 2023 To July 16, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
306 Prichard Lane	SNG	3	1.1	$437,000	07/12/23	4
1000 Putnam Blvd #504	CONDO	2	2.0	$205,000	07/13/23	18
8 Leslie Lane	SNG	4	2.0	$535,321	07/14/23	5
105 Canterbury Drive	SNG	4	1.1	$489,000	07/14/23	3
6A Copples Lane	SNG	4	2.1	$575,000	07/14/23	2
AVERAGE				$448,264		6

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus