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Wallingford PA Real Estate – June 27, 2022 To July 3, 2022

July 5, 2022 by admin

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

There are 21 homes listed for sale – 13 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 5, 2022 with an average asking price of $420,110.

The national median price jumped 14.8% in May from a year earlier to $406,700 – an all time high.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 21 Listings
*13 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$420,110	$425,000	$184,900	$725,000	25

Single Home Market Snapshot – 13 Listings
*9 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$493,962	$535,000	$295,000	$620,000	28

Condo Market Snapshot – 5 Listings
*2 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$193,960	$195,000	$184,900	$200,000	21

Twin Market Snapshot – 1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$385,000	$385,000	$385,000	$385,000	10

Townhouse Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$357,450	$357,450	$289,900	$425,000	28

7 Wallingford PA home went under contract

6 new listings came onto the market

No listing were withdrawn from the market

1 listing was temporarily taken off the market

1 listing expired

42 homes are Under Contract at this time

8 Wallingford PA homes sold last week

**Wallingford Homes Sold June 27, 2022 To July 3, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
116 Maple Road	SNG	3	1.0	$321,000	06/29/22	5
925 Putnam Blvd	TOWN	4	2.2	$290,000	06/29/22	12
1167 Putnam Blvd	TOWN	3	2.1	$227,500	06/29/22	7
450 Washington Avenue	SNG	3	2.0	$400,000	06/29/22	71
200 Hillsboro Mills Lane	TWIN	3	2.2	$500,000	06/30/22	6
49 Green Valley Road	SNG	3	1.1	$560,000	07/01/22	6
105 Westminster Drive	SNG	4	3.0	$480,000	07/01/22	6
916 Surrey Road	SNG	4	2.1	$686,000	07/01/22	6
AVERAGE				$433,063		15

200 Hillsboro Mills Lane sold with a $1,987 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – June 20, 2022 To June 26, 2022

June 28, 2022 by admin

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

There are 25 homes listed for sale – 17 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 28, 2022 with an average asking price of $393,815.

After three years of year over year declining inventory, May’s national active inventory was up 8% year over year, the first time the market has seen a yearly increase since June 2019.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 25 Listings
*17 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$393,815	$399,900	$160,000	$620,000	23

Single Home Market Snapshot – 13 Listings
*9 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$493,962	$535,000	$295,000	$620,000	28

Condo Market Snapshot – 5 Listings
*3 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$196,180	$195,000	$184,900	$220,000	17

Twin Market Snapshot – 4 Listings
*2 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$328,543	$327,087	$160,000	$500,000	15

Townhouse Market Snapshot – 3 Listings
*3 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$374,933	$399,900	$289,900	$435,000	18

1 Wallingford PA home went under contract

1 new listing came onto the market

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

43 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold June 14, 2022 To June 26, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
29 Waterford Way	SNG	5	2.1	$700,000	06/21/22	6
800 Avondale Road – #6H	CONDO	1	1.0	$162,500	06/23/22	2
AVERAGE				$333,714		4

Neither home sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – June 6, 2022 To June 19, 2022

June 21, 2022 by admin

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

There are 28 homes listed for sale – 19 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 21, 2022 with an average asking price of $410,699.

Only 17% of Americans surveyed in May said it was a good time to buy a home, breaking previous record lows of 19% seen in April and 24% in March.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 28 Listings
*19 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$410,699	$409,950	$184,900	$620,000	19

Single Home Market Snapshot – 18 Listings
*13 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$469,761	$462,450	$295,000	$620,000	21

Condo Market Snapshot – 4 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$191,225	$192,500	$184,900	$195,000	17

Twin Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$384,724	$385,000	$269,173	$500,000	16

Townhouse Market Snapshot – 3 Listings
*3 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$374,933	$399,900	$289,900	$435,000	11

13 Wallingford PA homes went under contract

12 new listings came onto the market

1 listing was withdrawn from the market

No listing were temporarily taken off the market

2 listings expired

38 homes are Under Contract at this time

7 Wallingford PA homes sold

**Wallingford Homes Sold June 6, 2022 To June 19, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
611 W Wiltshire Drive	TWIN	3	3.0	$341,500	06/08/22	7
1124 Putnam Blvd	TOWN	3	2.1	$250,000	06/09/22	1
800 Avondale Road – PH#17	CONDO	1	1.0	$143,000	06/14/22	20
606 School Lane	SNG	3	1.1	$435,500	06/15/22	4
738B Putnam Blvd	CONDO	2	1.0	$160,000	06/16/22	8
336 Crestview Circle	SNG	3	2.1	$380,000	06/16/22	27
6 Sharpless Lane	SNG	4	2.1	$626,000	06/17/22	5
AVERAGE				$333,714		10

Two homes sold with a Seller Assist:

– 611 W Wiltshire Drive – $5,000

– 800 Avondale Road – PH#17 – $2,000

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 2022

June 7, 2022 by admin

Spring Visitor

The average sales price in May 2022 was $481,363, which represents a 35.2% increase compared to last year. Units were down from 20 last year to 16 in 2022. Inventory continued to be low with 12 to 16 houses being on the market at anytime during the month. May’s 33 sales consisted of 11 single family homes, 3 condos, 1 townhome ,and 1 twin.

There were 11 single family homes sold in May – compared with 10 last May – with an average price of $570,045, a price that is over $60K higher than last year’s average. Singles averaged just 10 days on the market.

The highest selling price for the month was $1,085,000 for 6 E Brookhaven Road..

A total of 18 homes went under contract during June 2022 with an average asking price of $371,450. Nine singles, 4 townhouses, 3 twins, 3 townhouses, and 3 condos were sold during the month.

There are 24 settlements scheduled in June, 9 in July, 12 in August, and 1 in September, October and December.

For the first 5 months of the year sales are up 18.1% compared to 2021’s first 5 months with 85 closed transactions versus 72 during the first half of last year. The average sale price has increased 25.1% over last year awith an average sales price of $460,466. Average days on market came in at 22.

**Wallingford Homes Sold May 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
508 Oakcrest Lane	SNG	4	3.1	$512,000	05/02/22	11
17 Mallard Mill Run	TOWN	3	3.0	$408,100	05/02/22	7
213 Ash Road	SNG	3	1.1	$350,000	05/03/22	4
913 Penn Valley Road	SNG	4	2.1	$652,500	05/03/22	4
203 Glendale Road	SNG	4	2.1	$550,000	05/06/22	11
320 Cedar Lane	SNG	4	3.0	$730,000	05/06/22	3
700 Scott Lane	SNG	3	1.1	$430,000	05/09/22	6
1000 Putnam Blvd #602	CONDO	3	2.0	$169,000	05/13/22	2
619 W Wiltshire Drive	TWIN	3	2.1	$338,500	05/20/22	4
307 Media Parkway	SNG	3	1.0	$285,000	05/20/22	16
619 W Wiltshire Drive	TWIN	3	2.1	$338,500	05/20/22	4
206 Governors Drive	SNG	4	2.1	$555,000	05/20/22	8
307 Media Parkway	SNG	3	1.0	$285,000	05/20/22	16
858B Putnam Blvd	CONDO	2	1.0	$170,000	05/31/22	3
219 Woodward Road	SNG	4	2.1	$705,000	05/31/22	4
514 Georgetown Road	SNG	6	3.1	$421,000	05/31/22	6
AVERAGE				$481,363		8

* DOM = Days On Market

1 of 16 homes sold with a Seller Assist:

– 6 E Brookhaven Road – $27,290

Financing Methods

– Conventional Mortgage – 10 transactions

– Cash – 6 transactions

**WALLINGFORD SINGLE HOMES SOLD – MAY 2022 – 11 SALES**
Avg Price	Median Price	Low	High	DOM*
$570,045	$550,000	$285,000	$1,085,000	10

**WALLINGFORD CONDOS SOLD – MAY 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$228,237	$170,000	$169,000	$345,710	2

**WALLINGFORD TWINS SOLD – MAY 2022 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$338,500	$338,500	$338,500	$338,500	4

**WALLINGFORD TOWNHOUSES SOLD – MAY 2022 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$408,100	$408,100	$408,100	$408,100	7

**WALLINGFORD – MAY 2021 VS MAY 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	20	$356,040	12	101.6%	101.7%
2022	16	$481,363	8	103.5%	103.3%
	-20.0%	35.2%	-33.0%	1.9%	1.6%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 30, 2022 To June 5, 2022

June 7, 2022 by admin

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

There are 23 homes listed for sale – 18Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 7, 2022 with an average asking price of $422,638.

For weeks now, housing experts and economists have debated whether or not the country is in a housing bubble.

Home prices and mortgage rates have surged, while wages have trailed behind. Within the last year alone, home price growth, which has reached 20.6%, has become four times greater than income growth (which is a mere 4.8%). That means underlying economic forces in the market, such as incomes, are no longer able to support home prices in many places.

Mark Zandi, a Moody’s Analytics chief economist, told Fortune recently that a housing bubble would require both speculation-driven price growth and overvaluation – and overvaluation has now impacted over half of all U.S. housing markets, even though speculation-driven price growth isn’t at play in the U.S. (this time around).

It is reported that 67.9% of U.S. regional housing markets are now “overvalued,” as of the latest available data from March, meaning that incomes in those markets are no longer able to support home prices, according to an analysis provided to Fortune by real estate data firm CoreLogic.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 23 Listings
*18 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$422,638	$420,000	$194,900	$620,000	24

Single Home Market Snapshot – 16 Listings
*12 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$484,850	$485,000	$295,000	$620,000	28

Condo Market Snapshot – 3 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$199,967	$200,000	$194,900	$205,000	22

Twin Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$388,058	$385,000	$279,173	$500,000	10

Townhouse Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$199,000	$199,000	$199,000	$199,000	4

4 Wallingford PA homes went under contract

5 new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

38 homes are Under Contract at this time

8 Wallingford PA homes sold last week

**Wallingford Homes Sold May 30, 2022 To June 5, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
858B Putnam Blvd	CONDO	2	1.0	$170,000	05/31/22	3
219 Woodward Road	SNG	4	2.1	$705,000	05/31/22	4
514 Georgetown Road	SNG	6	3.1	$421,000	05/31/22	6
313 Prichard Lane	SNG	4	2.1	$420,000	06/01/22	7
227 Rogers Lane	SNG	4	2.1	$855,000	06/01/22	7
506 S Media Way #9U	TOWN	3	2.0	$541,575	06/01/22	53
504 Scott Lane	SNG	5	2.1	$540,000	06/02/22	58
300 Scott Lane	SNG	4	1.1	$451,500	06/03/22	5
AVERAGE				$513,009		18

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus