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Wallingford PA Real Estate – March 28, 2022 To April 3, 2022

April 5, 2022 by admin

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

There are 20 homes listed for sale – 6 Active listings and 14 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 5, 2022 with an average asking price of $407,334.

Record shattering price growth on its own may understate how much home affordability has declined over the past year, a new report suggests.

The real cost of a home purchase rose by 27% in the past year after accounting for the effects of mortgage rate hikes and wage increases, according to a new report from First American Financial Corp., a title insurance company.

The company’s Real House Price Index adjusts price increases for the typical consumer’s buying power.

“Even though household income increased 5% since January 2021, it was not enough to offset the negative impact on consumer house-buying power from higher rates and fast rising nominal prices,” First American Chief Economist Mark Fleming said in the report.

Still, the typical home sold in January remained much more affordable than during the run-up to the housing crash of 2007.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 20 Listings
*6 – Active 14 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,334	$434,889	$124,900	$725,000	17

Single Home Market Snapshot – 13 Listings
*4 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$492,352	$525,000	$285,000	$725,000	19

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	23

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 – 3 Listings
*No Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$199,267	$205,900	$169,000	$222,000	8

7 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1 listing was withdrawn from the market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

43 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold March 28, 2022 To April 3, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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				$608,171		44

2 homes sold with a Seller Assist:

– 723 Kincaid Mills Lane – $1,710

– 119 Locust Lane – $16,779

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 21, 2022 To March 27, 2022

March 29, 2022 by admin

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

There are 20 homes listed for sale – 8 Active listings and 12 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 29, 2022 with an average asking price of $445,850.

When a listing attracts multiple offers – common in the hot market of the last couple of years – chances are the homebuyers on the bidding side of that deal are millennials while the recipients of those bids are boomers.

In 2021, millennials, those born between 1980 and 1998, made up the largest share of buyers at 43% – up from 37% the year before, according to the National Association of Realtors’ annual Home Buyers and Sellers Generational Trends Report.

At the same time, boomers, those born between 1946 and 1964, made up the largest share of sellers at 42% – nearly flat from 43% in 2020.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 20 Listings
*8- Active 12 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$445,850	$502,000	$124,900	$725,000	17

Single Home Market Snapshot – 15 Listings
*5 – Active 10 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$497,713	$525,000	$285,000	$725,000	17

Twin Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	47

Townhouse Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$449,250	$449,250	$279,000	$619,500	7

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$213,950	$213,950	$205,900	$222,000	11

2 Wallingford PA homes went under contract

2 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

No listings expired

42 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold March 21, 2022 To March 27, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
Lot #2 Willow Road	SNG	3	2.1	$562,037	03/25/22	78
AVERAGE				$494,012		30

No home sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 14, 2022 To March 20, 2022

March 22, 2022 by admin

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

There are 20 homes listed for sale -9 Active listings and 11 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 22, 2022 with an average asking price of $453,795.

On average there were nearly 5 offers for every home sold in February according to REALTOR.com, with 48% of offers above the list price. Offers averaged 2.9% above list which translates to approximately $10,000 on a median price home in the US.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 20 Listings
*9 – Active 11 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$453,795	$525,000	$124,900	$725,000	18

Single Home Market Snapshot – 14 Listings
*5 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$521,557	$554,500	$285,000	$725,000	19

Twin Home Market Snapshot – 1 Listings
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	40

Townhouse Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$419,467	$359,900	$279,000	$619,500	6

Condo Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$205,900	$205,900	$205,900	$205,900	12

Row Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$184,900	$184,900	$184,900	$184,900	20

5 Wallingford PA homes went under contract

6 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

No listings expired

45 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold March 14, 2022 To March 20, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
713 Atlanta Court	ROW	2	1.0	$176,000	03/15/22	5
894 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
AVERAGE				$352,000		10

No home sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 7, 2022 To March 13,2022

March 15, 2022 by admin

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

There are 20 homes listed for sale – 8 Active listings and 12 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 15, 2022 with an average asking price of $459,735.

A record 8.2% of homes across the country were valued at $1 million or more in February according to a report by Redfin.

This million dollar mark represents approximately 6 million American homes, which is a sharp increse from February 202 when just 4.8% – 3.5 million – had a valuation or $1 miillion or more.

Based upon sales year to date in Wallingford, 5.6% of the homes sold this year carried a price tag greater than $1 million. That amounts to 2 homes out of the 36 settled this year.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 20 Listings
*10 – Active 12 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$459,735	$537,500	$124,900	$725,000	19

Single Home Market Snapshot – 13 Listings
*4 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$547,438	$572,500	$329,000	$725,000	21

Twin Home Market Snapshot – 1 Listings
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	33

Townhouse Market Snapshot – 4 Listings
*2 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$390,575	$331,900	$279,000	$619,500	14

Condo Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$205,900	$205,900	$205,900	$205,900	12

Row Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$184,900	$184,900	$184,900	$184,900	13

6 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

No listings expired

43 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold March 7, 2022 To March 13, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
Lot 1 Willow Road	SNG	3	2.1	$499,900	03/11/22	48
AVERAGE				$538,475		48

803 Pleasant Hill Road sold with $3,800 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 2022

March 8, 2022 by admin

There were 17 closed transactions in Wallingford during February which represents an increase of over 50% compared to last year. The average selling price rose 5.1% to $385,194.

Nine single family homes sold for an average price of $501,222 during the month and averaged 22 Days On the Market. Last February recorded 5 single home sales selling for an average price of $523,800 and spent an average of 84 Days On the Market.

507 Moylan Avenue had the highest selling price of the month at $1,200,000.

Fourteen listings went under contract during the month – 11 single family homes, 2 townhouses, and 1 condo – with an average asking price of $548,239 and an average of 15 Days On the Market.

There are 33 future settlements scheduled – 15 in March, 6 in April, 4 in May, and 8 new homes at Media Walk scheduled to settle from June to December.

Sales year to date are behind the pace of last year by 4 homes, with 27 closed transactions for the first 2 months of 2022 compared to 31 last year. The average selling price of $415,566 is a 7.9% increase compared to last year.

**Wallingford PA Closed Transactions February 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
209 Willow Road	SNG	3	1.1	$223,000	02/03/22	83
509 S Media Way	TOWN	3	2.0	$573,395	02/03/22	16
1041 Putnam Blvd	TOWN	3	2.1	$285,000	02/04/22	45
101 Possum Hollow Road	SNG	4	2.1	$825,000	02/09/22	11
4 Irving Road	SNG	2	2.0	$225,000	02/10/22	5
508 Morris Lane	SNG	3	2.0	$402,000	02/10/22	9
9 E Rose Valley Road	SNG	3	1.1	$290,000	02/11/22	37
208 Willow Road	SNG	3	1.1	$365,000	02/15/22	5
783 Pennsylvania Avenue	TWIN	2	1.0	$160,000	02/16/22	89
700 Avondale Road #PH4	CONDO	3	2.0	$127,000	02/22/22	7
115 Beech Road	SNG	3	2.0	$396,000	02/24/22	43
800 Avondale Road #7C	CONDO	2	2.0	$164,900	02/25/22	3
704 Hartford Court	TWIN	3	1.1	$172,000	02/25/22	25
712 Pennsylvania Avenue	TWIN	4	2.0	$239,999	02/25/22	21
1370 Putnam Blvd	TOWN	3	2.1	$315,000	02/25/22	4
507 Moylan Avenue	SNG	5	2.1	$1,200,000	02/28/22	6
310 Marlyn Lane	SNG	4	3.0	$585,000	02/28/22	3
AVERAGE				$385,194		24

* DOM = Days On Market

1 of 10 transactions had a Seller Assist:

– 800 Avondale Road #7C – $1,200

Financing Methods

– Conventional Mortgage – 7 transactions

– Cash – 3 transactions

**WALLINGFORD SINGLE HOMES – FEBRUARY 2022 – 9 SALES**
Avg Price	Median Price	Low	High	DOM*
$501,222	$396,000	$223,000	$1,200,000	22

**WALLINGFORD TWINS – FEBRUARY 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$190,666	$172,000	$160,000	$239,999	45

**WALLINGFORD TOWNHOUSES – FEBRUARY 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$391,132	$315,000	$285,000	$573,395	22

**WALLINGFORD CONDOS – FEBRUARY 2022 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$145,950	$145,950	$127,000	$164,900	5

**WALLINGFORD – FEBRUARY 2021 VS FEBRUARY 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	10	$366,450	50	99.3%	99.1%
2022	17	$385,194	24	100.1%	99.4%
	70.0%	5.1%	-52.0%	0.8%	0.3%

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus