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Wallingford PA Real Estate – July 2021

August 14, 2021 by admin

The temperature of the market in July matched the mid summer weather – hot. There were 27 closed transactions during the month with the average selling price being $446,605 – which is a 2.0% decrease compared to last year.

Highlights:

– 16 homes – 59% – sold for over asking price

– 4 homes sold for asking price

– 7 homes sold below asking price

– On average homes that sold in July sold for 103.9% of asking price

– 17 homes sold in 7 days or less

– The average Days On Market was just 13

July’s 27 sales consisted of 16 single family homes, 4 townhomes, 4 twins, and 3 condos, with a total of $12,058,345 of real estate changing hands during the month.

There were 16 single family homes sold in July – compared with 20 last year – with an average price of $548,393, a price that is over $70K higher than last year. Singles averaged 15 days on the market.

The highest selling price for the month was $1,050,000 for 303 Copples Lane.

A total of 21 homes went under contract during July 2021 with an average asking price of $371,238. Fifteen singles, 3 condos, and 3 townhouses were sold during the month.

There are 16 settlements scheduled in August, 6 in September, 3 in October, 2 in December, and 6 new construction homes in 2022

Seven months into the year sales are up 14.8% compared to 2020’s first 7 months with 132 closed transactions versus 115 last year. The average sale price increased 11.1% over last year averaging $413,856.

**Wallingford Homes Sold July 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
410 N Providence Road	SNG	7	6.0	$990,000	07/01/21	28
501 Springhaven Road	SNG	4	2.0	$540,000	07/08/21	3
712 Columbus Court	TWIN	3	2.1	$300,000	07/08/21	9
631 W Wiltshire Drive	TWIN	3	2.0	$325,000	07/12/21	6
319 Austin Court	TWIN	2	1.0	$140,000	07/12/21	24
373 Saybrook Lane	TOWN	3	2.1	$303,000	07/15/21	5
209 Glendale Road	SNG	5	2.1	$565,000	07/15/21	4
303 Copples Lane	SNG	6	4.1	$1,050,000	07/15/21	6
11 Furness Lane	SNG	4	3.2	$700,000	07/15/21	6
601 W Wiltshire Drive	TWIN	3	2.1	$300,000	07/15/21	5
105 E Brookhaven Road	SNG	6	3.1	$775,000	07/15/21	19
601 Columbia Mills Court	TOWN	3	2.1	$445,000	07/16/21	5
314 Prichard Lane	SNG	4	3.0	$580,516	07/19/21	6
834B Putnam Blvd	CONDO	2	1.0	$140,000	07/19/21	12
1308 Putnam Blvd	TOWN	2	2.1	$300,000	07/20/21	5
510 Georgetown Road	SNG	3	2.0	$430,000	07/20/21	8
201 E Rose Valley Road	SNG	4	2.1	$545,929	07/20/21	7
912 Winding Lane	SNG	3	2.1	$592,500	07/22/21	4
800 Avondale Road #4M	CONDO	1	1.0	$150,000	07/23/21	5
655 Niblick Lane	TOWN	2	2.1	$350,000	07/23/21	20
212 Walnut Lane	SNG	2	1.0	$189,000	07/23/21	100
504 Georgetown Road	SNG	4	2.1	$600,000	07/26/21	15
800 Avondale Road #2D	CONDO	3	2.0	$206,500	07/27/21	9
118 Chestnut Parkway	SNG	3	1.0	$285,000	07/27/21	5
303 Highland Avenue	SNG	3	2.0	$406,000	07/28/21	11
607 Media Parkway	SNG	3	1.1	$365,000	07/29/21	5
906 S Providence Road	SNG	3	2.0	$474,000	07/30/21	6
AVERAGE				$446,605		13

* DOM = Days On Market

6 of 27 homes sold with a Seller Assist:

– 201 E Rose Valley Road – $16,378

– 510 Georgetown Road – $6,513

– 912 Winding Lane – $6,500

– 721 Columbus Court – $3,825

– 601 W Wiltshire Drive – $1,500

– 303 Highland Avenue – $4,800

Financing Methods

– Conventional Mortgage – 21 transactions

– Cash – 6 transactions

**WALLINGFORD SINGLE HOMES SOLD – JULY 2021 – 16 SALES**
Avg Price	Median Price	Low	High	DOM*
$548,393	$555,465	$189,000	$1,050,000	15

**WALLINGFORD TOWNHOUSES SOLD – JULY 2021 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$352,000	$326,500	$300,000	$455,000	9

**WALLINGFORD CONDOS SOLD – JUNE 2021 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$165,500	$150,000	$140,000	$206,500	9

**WALLINGFORD TWINS SOLD – JULY 2021 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$266,250	$300,000	$140,000	$325,000	11

**WALLINGFORD – JULY 2020 VS JULY 2021**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2020	23	$455,631	44	97.3%	99.4%
2021	27	$446,605	13	103.9%	103.1%
	17.4%	-2.0%	-70.5%	6.6%	3.7%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 26, 2021 To August 1, 2021

August 3, 2021 by admin

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

There are 36 homes listed for sale – 24 Active listings and 12 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 3, 2021 with an average asking price of $419,575.

More inventory may be on the way, thanks to the COVID-19 vaccine. Nearly one-third of agents reported that the vaccine is impacting the market, most specifically, that sellers’ health concerns about the prevalence of the virus and having people in and out of their homes is dropping. Nearly half of agents surveyed said they have seen sellers take advantage of the market even though they hadn’t planned to list and 48% said they anticipate more homes to hit the market over the summer and through the fall. Specifically, 61% said they think almost-retirees will move or downsize a little earlier than planned to earn more on the sale of their home and 59% said empty nesters will list earlier than expected and use the money to relocate. And with more companies going fully remote, 43% expect remote workers to list their homes and move somewhere less expensive.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 36 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$419,575	$405,000	$119,900	$990,000	25

Single Home Market Snapshot – 21 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$519,029	$499,000	$180,000	$990,000	29

Townhouse Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$349,600	$377,900	$145,900	$509,000	14

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$208,900	$208,900	$119,900	$297,900	21

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$241,386	$239,900	$129,900	$320,000	26

4 Wallingford PA homes went under contract

6 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

45 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold July 26, 2021 To August 1, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
504 Georgetown Road	SNG	4	2.1	$600,000	07/26/21	15
800 Avondale Road #2D	CONDO	3	2.0	$206,500	07/27/21	9
118 Chestnut Parkway	SNG	3	1.0	$285,000	07/27/21	5
607 Media Parkway	SNG	3	1.1	$365,000	07/29/21	5
AVERAGE				$364,125		9

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 19, 2021 To July 25, 2021

July 27, 2021 by admin

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

There are 32 homes listed for sale – 22 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 27, 2021 with an average asking price of $412,494.

After four consecutive months of declines, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains.

Sales climbed 22.9% year over year, up from 4.77 million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 million units

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 32 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$412,494	$397,500	$119,900	$990,000	263

Single Home Market Snapshot – 18 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$511,983	$524,950	$180,000	$990,000	33

Townhouse Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$350,267	$377,900	$149,900	$509,000	10

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$208,900	$208,900	$119,900	$297,900	18

Twin Home Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$224,117	$249,950	$129,900	$320,000	24

7 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

42 homes are Under Contract at this time

9 Wallingford PA homes sold last week

**Wallingford Homes Sold July 19, 2021 To July 25, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
314 Prichard Lane	SNG	4	3.0	$580,516	07/19/21	6
834B Putnam Blvd	CONDO	2	1.0	$140,000	07/19/21	12
1308 Putnam Blvd	TOWN	2	2.1	$300,000	07/20/21	5
510 Georgetown Road	SNG	3	2.0	$430,000	07/20/21	8
201 E Rose Valley Road	SNG	4	2.1	$545,929	07/20/21	7
912 Winding Lane	SNG	3	2.1	$592,500	07/22/21	4
800 Avondale Road #4M	CONDO	1	1.0	$150,000	07/23/21	5
655 Niblick Lane	TOWN	2	2.1	$350,000	07/23/21	20
212 Walnut Lane	SNG	2	1.0	$189,000	07/23/21	100
AVERAGE				$364,216		19

3 homes sold with a Seller Assist:

– 510 Georgetown Road – $6,513

– 201 E Rose Valley Road – $16,378

– 912 Winding Lane- $6,500

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 12, 2021 To July 18, 2021

July 20, 2021 by admin

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

There are 32 homes listed for sale – 21 Active listings and 11 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 20, 2021 with an average asking price of $387,450.

For the second quarter of 2021, median home prices of single-family homes are less affordable than historic averages in nearly two-thirds (61%) of counties in the U.S.

This is an increase of 13% year to year, and the highest point in two years, according to ATTOM Data Solutions’ 2021 U.S. Home Affordability Report. Affordability is determined by calculating the amount of income needed to meet monthly home ownership expenses, including mortgage, property taxes and insurance, on a median-priced single-family home (assuming a 20% down payment). Of 569 counties analyzed, 347 are less affordable than in the past. This comes as NAR announced that the median home price topped $350,000 for the first time in May.

The average national wage is $63,986, which means homeowners are spending 25.2% of their income on typical homeownership expenses, which is up from 22.7% last quarter and rose 3% year to year. The report noted that spending up to 28% is typically the highest point for lenders.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 32 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$387,450	$340,000	$119,900	$769,500	23

Single Home Market Snapshot – 17 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$486,429	$515,000	$118,000	$769,500	32

Townhouse Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$350,267	$377,900	$149,900	$509,000	5

Condo Market Snapshot – 3 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$184,267	$135,000	$119,900	$297,900	12

Twin Home Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$245,783	$249,950	$139,900	$320,000	19

5 Wallingford PA homes went under contract

7 new listings came onto the market

3 listings were withdrawn from the market

2 listings were temporarily taken off the market

No listings expired

44 homes are Under Contract at this time

9 Wallingford PA homes sold last week

**Wallingford Homes Sold July 12, 2021 To July 18, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
631 W Wiltshire Drive	TWIN	3	2.0	$325,000	07/12/21	6
319 Austin Court	SNG	2	1.0	$140,000	07/12/21	24
373 Saybrook Lane	TWIN	3	2.1	$303,000	07/15/21	5
209 Glendale Road	SNG	5	2.1	$565,000	07/15/21	4
303 Copples Lane	SNG	6	4.1	$1,050,000	07/15/21	6
11 Furness Lane	SNG	4	3.2	$700,000	07/15/21	6
601 W Wiltshire Drive	TWIN	3	2.1	$300,000	07/15/21	5
105 E Brookhaven Road	SNG	6	3.1	$775,000	07/15/21	19
601 Columbia Mills Court	TOWN	3	2.1	$445,000	07/16/21	5
AVERAGE				$512,556		9

601 W Wiltshire Drivesold with a $1,500 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

New Wallingford Listing – 207 Fairfield Drive – $350,000

July 16, 2021 by admin

207 Fairfield Drive – Wallingford, PA 19086

Teriffic opportunity and value in the Wallingford Swarthmore School District. This 4 bedroom 2.5 bath Colonial has been lived in by the original owner for almost 60 years. Solid house that needs some TLC to bring it back to it’s full potential. Entry level features a large family room, half bath, inside acces to the attched 2 car garage, laundry room with exit to the patio and backyard. On the main level there is a large living romm with wood burning fireplace, formal dining room, and eat-in kitchen. Upper level – primary bedroom with walk-in closet, ensuite bath with shower, dressing area with adjacent walk-in closet. A full hall bath, and two nice sized bedrooms complete this level. The top level has a large 4th bedroom that could aslo be a great spot for a home office.