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Wallingford PA Real Estate – May 2023

June 22, 2023 by admin

New Turf Being Installed At George King Field

The average sales price in May 2023 was $551,027, which represents a 14.5% increase compared to last year. May’s 21 sales consisted of 15 single family homes, 2 condos, 3 townhomes ,and 1 twin.

There were 15 single family homes sold in May – compared with 11 last May – with an average price of $570,045, a price that is over $82K higher than last year’s average. Singles averaged 37 days on the market.

The highest selling price for the month was $1,115,000 for 215 Wisteria Lane.

A total of 7 homes went under contract during June 2022 with an average asking price of $491,143 – all were single family homes.

There are 13 settlements scheduled in June, 9 in July, 3 in August.

For the first 5 months of the year sales are running a transaction deficit of 22.4% compared to 2022’s first 5 months with 66 closed transactions versus 85 during the first 5 months of last year. The average sales price has decreased 6.2% compared to last year with an average sales price of $431,867. Average days on market came in at 32.

**Wallingford Homes Sold May 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
8 Hickory Lane	SNG	4	2.0	$670,000	05/01/23	1
700 Pine Ridge Road	SNG	3	2.1	$740,000	05/02/23	2
506 Media Parkway	SNG	3	1.0	$335,000	05/03/23	32
411 Marie Drive	SNG	4	5.1	$900,000	05/08/23	52
516 South Media Way	TOWN	4	3.0	$680,000	05/09/23	4
706 Blakeley Road	SNG	3	1.0	$320,000	05/10/23	205
412 Briarwood Road	SNG	3	1.1	$535,000	05/11/23	7
520 South Media Way	CONDO	3	2.0	$431,270	05/11/23	1
959 Putnam Blvd	TOWN	3	2.1	$305,000	05/12/23	6
338 Callendar Lane	SNG	4	2.0	$590,000	05/15/23	135
522 South Media Way	TOWN	3	3.0	$572,205	05/15/23	15
309 Woodward Road	SNG	5	4.1	$875,000	05/16/23	5
709 Washington Avenue	SNG	3	2.1	$425,000	05/18/23	4
11 W Possum Hollow Road	SNG	3	2.1	$680,000	05/19/23	56
228 Ridgewood Road	SNG	3	1.1	$550,000	05/24/23	4
215 Wisteria Lane	SNG	5	3.1	$900,000	05/24/23	7
360A Saybrook Lane	CONDO	2	1.0	$145,000	05/24/23	4
437 Manchester Avenue	SNG	4	1.1	$365,000	05/25/23	5
704 Atlanta Court	TWIN	2	1.0	$82,000	05/30/23	4
209 Hastings Avenue	SNG	5	2.0	$535,000	05/30/23	37
404 Golfview Road	SNG	4	2.0	$700,000	05/31/23	1
AVERAGE				$551,027		28

* DOM = Days On Market

2 of 21 homes sold with a Seller Assist:

– 706 Blakeley Road – $15,000

– 704 Atlanta Court – $3,000

Financing Methods

– Conventional Mortgage – 14 transactions

– Cash – 6 transactions

– FHA Mortgage – 1 transactions

**WALLINGFORD SINGLE HOMES SOLD – MAY 2023 – 15 SALES**
Avg Price	Median Price	Low	High	DOM*
$653,000	$570,000	$320,000	$1,115,000	37

**WALLINGFORD CONDOS SOLD – MAY 2023 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$298,685	$298,685	$166,100	$431,270	3

**WALLINGFORD TWINS SOLD – MAY 2023 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$82,000	$82,000	$82,000	$82,000	4

**WALLINGFORD TOWNHOUSES SOLD – MAY 2023 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$519,068	$572,205	$305,000	$680,000	8

**WALLINGFORD – MAY 2022 VS MAY 2023**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	16	$481,363	8	103.5%	103.3%
2023	21	$551,027	28	105.5%	104.9%
	31.3%	35.2%	262.5%	2.0%	1.6%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – June 12, 2023 To June 18, 2023

June 20, 2023 by admin

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

There are 23 homes listed for sale – 16 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 20, 2023 with an average asking price of $549,082.

The market is short about 320,000 listings worth up to $256,000 – which is considered the affordability range for households earning up to $75,000 annually – according to the Housing Affordability & Supply Report, a joint research project between NAR and http://spr.ly/6185OAVAl®. http://spr.ly/6180OAVAq

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 23 Listings
*16 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$549,082	$365,000	$200,000	$1,998,000	66

Single Home Market Snapshot – 14 Listings
*11 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$725,499	$654,844	$200,000	$1,998,000	96

Townhouse Market Snapshot – 3 Listings
*1 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$234,667	$219,000	$210,000	$275,000	20

Twin Home Market Snapshot – 4 Listings
*3 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$329,475	$334,950	$283,000	$365,000	23

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$222,500	$222,500	$220,000	$230,000	10

2 Wallingford PA homes went under contract

5 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

1 listing expired

24 homes are Under Contract at this time

1 Wallingford PA home sold last week

**Wallingford Homes Sold June 12, 2023 To June 18, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
215 E Rose Valley Road	SNG	3	2.0	$697,500	06/15/23	5
AVERAGE				$697,500		5

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – June 5, 2023 To June 11, 2023

June 13, 2023 by admin

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

There are 22 homes listed for sale – 14 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 14, 2023 with an average asking price of $578,431.

Middle income home buyers in the United States are finding little on the market to buy, even if they can qualify and afford a mortgage. These would-be buyers face the most severe housing shortage of any other income bracket, according to a new analysis from the National Association of Realtors and http://spr.ly/6185OLdIR that found the market is short more than 300,000 affordable homes for these buyers.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 22 Listings
*14 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$578,431	$487,450	$200,000	$1,998,000	66

Single Home Market Snapshot – 15 Listings
*11 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$722,839	$649,687	$200,000	$1,998,000	88

Townhouse Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$317,633	$305,000	$283,000	$364,900	24

Twin Home Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$334,900	$334,900	$305,000	$364,900	31

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$222,500	$222,500	$215,000	$230,000	6

5 Wallingford PA homes went under contract

4 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

1 listing expired

23 homes are Under Contract at this time

5 Wallingford PA homes sold last week

**Wallingford Homes Sold June 5, 2023 To June 11, 2023**
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
AVERAGE				$473,980		34

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 29, 20233 To June 4, 2023

June 7, 2023 by admin

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

There are 22 homes listed for sale – 12 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 7, 2023 with an average asking price of $565,131.

Refinishing hardwood floors grabbed the top spot for interior remodeling projects that bring the highest return. Remodelers estimated the cost at $3,400, and REALTORS® estimated the value recovered at $5,000, a whopping 147% return.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 22 Listings
*12 – Active 10 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$565,131	$487,450	$200,000	$1,998,000	71

Single Home Market Snapshot – 15 Listings
*10 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$701,932	$595,000	$200,000	$1,998,000	98

Townhouse Market Snapshot – 3 Listings
*1 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$263,000	$275,000	$219,000	$295,000	5

Twin Home Market Snapshot -2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$334,900	$334,900	$305,000	$364,900	31

Condo Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$222,500	$222,500	$215,000	$230,000	6

6 Wallingford PA homes went under contract

5 new listings came onto the market

No listings were withdrawn from the market

2 listings were temporarily taken off the market

1 listing expired

24 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold May 29, 2023 To June 4, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
704 Atlanta Court	TWIN	2	1.0	$82,000	05/30/23	4
209 Hastings Avenue	SNG	5	2.0	$535,000	05/30/23	37
404 Golfview Road	SNG	4	2.0	$700,000	05/31/23	1
AVERAGE				$439,000		14

704 Atlanta Court sold with a $3,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 22, 2023 To May 28, 2023

May 30, 2023 by admin

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

There are 16 homes listed for sale – 11 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on May 30, 2023 with an average asking price of $653,505.

While buyers overall made a leap of 50 miles, by generation, there are variations. Younger Baby Boomers (born 1955-1964), moved the longest distance at a median of 90 miles. Older Baby Boomers (born 1946-1954) moved a median of 50 miles. Millennials tended to stay the closest to their past residence moving just 15 miles.

Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 16 Listings
*11 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$653,505	$555,000	$215,000	$2,350,000	101

Single Home Market Snapshot – 11 Listings
*7 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$827,381	$649,687	$326,500	$2,350,000	131

Townhouse Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$302,450	$302,450	$229,900	$375,000	58

Twin Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$305,000	$305,000	$305,000	$305,000	49

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$222,500	$222,500	$215,000	$230,000	3

2 Wallingford PA homes went under contract

No new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

1 listing expired

24 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold May 22, 2023 To May 28, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
215 Wisteria Lane	SNG	5	3.1	$900,000	05/24/23	7
360A Saybrook Lane	CONDO	2	1.0	$145,000	05/24/23	4
437 Manchester Avenue	SNG	4	1.1	$365,000	05/25/23	5
AVERAGE				$548,700		5

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus