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Wallingford PA Real Estate – April 18, 2022 To April 24, 2022

April 26, 2022 by admin

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

There are just 12 homes listed for sale – 6 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 26, 2022 with an average asking price of $462,131.

The spring housing market got off to a strong start, but rising mortgage interest rates topping 5% – plus high inflation and soaring rents – appear to be starting to temper high prices in certain housing markets. To be clear: Overall affordability remains a challenge. Many would-be buyers are being priced out of homeownership as higher mortgage rates mean more expensive monthly housing payments. But when there are fewer buyers competing for homes and bidding them up, prices typically go down.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 12 Listings
*6 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$461,131	$489,000	$150,000	$725,000	21

Single Home Market Snapshot – 10 Listings
*5 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$518,968	$549,500	$285,000	$725,000	24

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$177,950	$177,950	$150,000	$205,900	9

5 Wallingford PA homes went under contract

3 new listings came onto the market

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

39 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold April 18, 2022 To April 24, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1360 Putnam Blvd	TOWN	2	2.1	$300,000	04/18/22	2
104 Blackthorn Road	SNG	3	1.1	$560,000	04/19/22	0
500 S Media Way Lot #8L	CONDO	5	3.1	$325,947	04/20/22	38
104 Plush Mill Road	SNG	4	4.0	$530,000	04/21/22	32
700 Avondale Road #5E	CONDO	2	2.0	$225,000	04/22/22	11
901 S Providence Road	SNG	3	1.1	$550,000	04/22/22	6
AVERAGE				$415,158		15

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 11, 2022 To April 17, 2022

April 19, 2022 by admin

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

There are 15 homes listed for sale – 6 Active listings and 9 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 19, 2022 with an average asking price of $407,517.

Only 24% of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 15 Listings
*6 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$426,358	$433,777	$124,900	$725,000	21

Single Home Market Snapshot – 11 Listings
*4 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$499,465	$549,500	$285,000	$725,000	22

Row Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	37

Twin Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$299,000	$299,000	$299,000	$299,000	1

Condo Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$213,950	$213,950	$205,000	$222,000	12

2 Wallingford PA homes went under contract

1 new listing came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

39 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold April 11, 2022 To April 17, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
609 W Wiltshire Road	TWIN	13	2.1	$290,000	04/11/22	4
713 W Brookhaven Road	SNG	3	1.1	$329,000	04/14/22	23
991 Putnam Blvd	TOWN	2	2.1	$230,000	04/15/22	3
201 Woodward Road	SNG	5	3.1	$997,500	04/15/22	5
AVERAGE				$461,625		9

713 W Brookhaven Road sold with a $4,100 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 4, 2022 To April 10, 2022

April 12, 2022 by admin

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

There are 18 homes listed for sale – 6 Active listings and 14 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 12, 2022 with an average asking price of $420,543.

Turns out, homebuyers aren’t spending their weekends searching online for homes.

It’s how they spend their Tuesday nights. According to recent data from Redfin for January and February 2022, homebuyers are most active looking for homes on Tuesdays at 8 p.m. Weeknights are typically more active than weekends, and evenings are generally more active than mornings. Prior to the pandemic, Thursdays at 8 p.m. were the most popular night to look at homes, meaning consumers’ habits haven’t changed that much, despite lifestyle changes. One may expect weekday morning or afternoon browsing to increase, due to more people working from home or a hybrid schedule, but that has not been the case. Friday nights are the least popular night for online home browsing.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 18 Listings
*6 – Active 12 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$412,543	$458,389	$124,900	$725,000	20

Single Home Market Snapshot – 12 Listings
*4 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$499,465	$549,500	$285,000	$725,000	22

Row Home Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	30

Townhouse Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$449,250	$449,250	$279,000	$619,500	10

Condo Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$213,950	$213,950	$205,000	$222,000	12

2 Wallingford PA homes went under contract

1 new listing came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

1 listing expired

41 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold April 4, 2022 To April 10, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
800 Avondale Road #6A	CONDO	1	1.0	$150,000	04/06/22	4
6 Fairfield Road	SNG	4	2.1	$727,500	04/07/22	6
AVERAGE				$438,750		5

Neither home sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – 1st Quarter 2022 Review

April 8, 2022 by admin

The 1st quarter of 2022 in Wallingford PA saw a total of 51 homes sold, an increase of 14 homes over last year. A chase of limited inventory led to the average sales price increasing 19.0% to $454,415 from last year where it stood at $381,882.

A total of $23,175,168 of real estate changed hands during the quarter.

The core category of single family homes recorded 32 sales, increasing from 24 last year, with an average selling price of $523,286 compared to last year’s average selling price of $482,696.

Days On Market averaged 30, dropping 5 days from last yesr when it stood at 35..

January recorded 10 sales, February had 17 sales, and 24 homes were sold in March.

The highest priced home sold in the quarter was 507 Moylan Avenue which sold in February for $1,200,000.

**WALLINGFORD – 1ST QUARTER 2021 VS 1ST QUARTER 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	37	$381,882	35	99.5%	100.7%
2022	51	$454,415	30	101.7%	100.2%
	37.8%	19.0%	-14.3%	2.2%	0.2%

1ST QUARTER 2022 – SALES BY PRICE RANGE

PRICE RANGE	SALES	% Of SALES
$100,000 To $200,000	8	15.7%
$200,000 To $300,000	8	15.7%
$300,000 To $400,000	9	17.6%
$400,000 To $500,000	6	11.8%
$500,000 To $600,000	12	23.5%
$600,000 To $700,000	2	3.9%
$700,000 To $800,000	2	3.9%
$800,000 To $900,000	1	1.9%
$900,000 To $1,000,000	1	1.9%
> $1,000,000	2	3.9%
TOTAL	51

**Single Family Homes Sold – 1st Quarter 2022 – 32 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$553,286	$530,000	$216,000	$1,200,000	38

**Townhouses Sold – 1st Quarter 2022 – 9 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$391,840	$358,000	$165,000	$573,395	10

**Condominiums Sold – 1st Quarter 2022 – 5 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$210,894	$169,000	$127,000	$343,572	14

**Twin Homes Sold – 1st Quarter 2022 – 3 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$190,666	$172,000	$160,000	$239,999	45

**Row Homes Sold – 1st Quarter 2022 – 2 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$158,500	$158,500	$141,000	$176,000	6

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 2022

April 7, 2022 by admin

Guard Rail Removal Project Along Avondale Road

March 2022 saw quite a comeback in activity compared to last year. Twenty four homes sold in Wallingford PA during March 2022, compared to just 6 closed transactions last March. The average selling price soared 36.1% over last year rising to $498,120.

A total of $11,954,874 in real estate transferred during the month.

Fifteen single family homes sold for an average price of $588,542 during the month and averaged 42 Days On the Market. Last March 4 single family homes sold for an average price of $463,875 and spent an average of 38 Days On the Market.

205 Linden Lane had the highest selling price for the month at $1,100,000.

Buyers signed contracts for 20 homes during March, 13 single family homes, 4 townhomes, 2 condos, and 1 twin – with an average asking price of $444,470 and an average of just 7 Days On the Market.

Future settlements – 12 in April, 9 in May, 3 in June, and 7 throughout the remainder of the year.

At close of the 1st quarter of 2022 a total of 51 homes have sold exceeding last year’s 1st quarter by 14 homes. The average sales price has increased to $454,415 from last year when it stood at $381,882, representing a 19.0% increase.

**Wallingford PA Closed Transactions March 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
32 Mallard Mill Run	TOWN	2	2.0	$358,000	03/01/22	4
101 Emerald Street	SNG	4	3.0	$542,500	03/01/22	3
100 Cedar Road	SNG	3	1.1	$315,000	03/01/22	12
800 Avondale Road #2D	CONDO	3	2.0	$250,000	03/02/22	2
11 Single Lane	SNG	4	2.1	$769,500	03/03/22	79
730B Putnam Blvd	CONDO	2	1.0	$169,000	03/08/22	8
205 Linden Lane	SNG	4	3.1	$1,100,000	03/11/22	5
803 Pleasant Hill Road	SNG	3	2.0	$385,000	03/11/22	131
Willow Road Lot #1	SNG	3	2.1	$499,900	03/11/22	48
715 Kincaid Mills Lane	TOWN	3	3.1	$520,000	03/14/22	0
713 Atlanta Court	ROW	2	1.0	$176,000	03/15/22	5
804 Pleasant Hill Road	SNG	4	2.1	$565,000	03/17/22	10
961 Putnam Blvd	TOWN	3	3.1	$315,000	03/18/22	15
503 S Media Way	TOWN	3	3.0	$515,340	03/18/22	1
505 S Media Way	CONDO	2	2.0	$343,572	03/18/22	51
516 Hastings Avenue	SNG	3	1.0	$255,000	03/21/22	5
21 Waterford Way	SNG	5	2.1	$665,000	03/25/22	7
Willow Road Lot #2	SNG	3	2.1	$562,037	03/25/22	78
723 Kincaid Mills Lane	TOWN	3	3.0	$479,825	03/28/22	3
119 Locust Lane	SNG	5	2.1	$595,000	03/29/22	33
501 S Media Way Lot#7	SNG	3	2.1	$579,200	03/29/22	133
612 W Brookhaven Road	SNG	5	2.1	$535,000	03/30/22	12
112 Brent Drive	SNG	3	2.1	$525,000	03/30/22	74
1002 Twyckenham Road	SNG	4	2.1	$935,000	03/31/22	6
AVERAGE				$498,120		30

* DOM = Days On Market

4 of 24 transactions hsold with a Seller Assist:

– 100 Cedar Road – $12,000

– 2803 Pleasant Hill Road – $3,800

– 119 Locust Lane – $16,779

– 723 Kincaid Mills Lane – $1,710

Financing Methods

– Conventional Mortgage – 19 transactions

– Cash – 5 transactions

**WALLINGFORD SINGLE HOMES – MARCH 2022 – 15 SALES**
Avg Price	Median Price	Low	High	DOM*
$588,542	$562,037	$255,000	$1,100,000	42

**WALLINGFORD TOWNHOMES – MARCH 2022 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$437,633	$479,825	$315,000	$520,000	5

**WALLINGFORD CONDOS- MARCH 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$254,191	$250,000	$169,000	$343,572	20

**WALLINGFORD ROW HOMES – MARCH 2022 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$176,000	$176,000	$176,000	$176,000	5

**WALLINGFORD – MARCH 2021 VS MARCH 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	6	$365,917	30	101.7%	102.8%
2022	24	$498,120	30	104.7%	102.6%
	300.0%	36.1%	0.0%	3.0%	-0.2%

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus