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Wallingford PA Real Estate – April 20, 2020 To April 26, 2020

April 28, 2020 by admin

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

There are 30 homes listed for sale in Wallingford PA and Nether Providence Township on April 28, 2020 with an average asking price of $474,043.

A majority of home sellers are holding steady in their home pricing despite the coronavirus pandemic. Nearly 3 in 4 Realtors® currently working with sellers this week – 74% – reported their clients haven’t reduced listing prices to attract buyers, according to a new survey from the National Association of Realtors®. This suggests interested home sellers are remaining calm and avoiding panic selling during the uncertain economic environment brought about by the pandemic.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 30 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$474,043	$522,150	$125,000	$1,049,900	66

Single Home Market Snapshot – 25 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$518,300	$535,000	$223,000	$1,049,900	68

Townhouse Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$389,000	$389,000	$389,000	$389,000	81

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$129,900	$129,900	$125,000	$134,800	55

Twin Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$307,500	$307,500	$300,000	$315,000	44

*DOM = Days On Market

1 Wallingford PA home went under contract

3 new listings came onto the market

0 listings were withdrawn from the market

0 listings were temporarily taken off the market

0 listings expired

25 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold April 20, 2020 To April 26, 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
102 Waterford Circle	SNG	5	2.1	$450,000	04/21/20	4
800 Avondale Road #6E	CONDO	1	1.0	$121,679	04/22/20	40
AVERAGE				$285,840		22

102 Waterford Circle sold with a $9,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 13, 2020 To April 19, 2020

April 21, 2020 by admin

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

There are 30 homes listed for sale in Wallingford PA and Nether Providence Township on April 21, 2020 with an average asking price of $492,727.

Listing data, detailed photos, and virtual and live-video tours will suffice for a growing number of consumers who are looking to buy a home; they don’t need to physically visit the property before making an offer, according to a new joint survey from realtor.com® and Toluna Insights.

Twenty-four percent of 1,300 consumers surveyed say they’d be willing to buy a home without seeing it in person, and 30% would be willing to rent one, the survey shows. Younger demographics appear to be the most comfortable using virtual tools in lieu of physical, in-person showings (29%). Further, 21% say that COVID-19 has made them more likely to move into a home sight unseen in the future.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 30 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$492,727	$532,450	$125,000	$1,049,900	66

Single Home Market Snapshot – 26 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$532,038	$542,500	$225,000	$1,049,900	67

Townhouse Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$389,000	$389,000	$389,000	$389,000	74

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$129,900	$129,900	$125,000	$134,800	51

Twin Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$300,000	$300,000	$300,000	$300,000	72

*DOM = Days On Market

1 Wallingford PA home went under contract

2 new listings came onto the market

0 listings were withdrawn from the market

0 listings were temporarily taken off the market

0 listings expired

27 homes are Under Contract at this time

1 Wallingford PA home sold last week

**Wallingford Homes Sold April 6, 2020 To April 12, 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
722 Beechwood Road	SNG	3	2.0	$425,000	04/17/20	5
AVERAGE				$425,000		5

722 Beechwood Road sold with a $2,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 6, 2020 To April 12, 2020

April 14, 2020 by admin

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

There are 27 homes listed for sale in Wallingford PA and Nether Providence Township on April 14, 2020 with an average asking price of $495,452.

Virtual tools are giving buyers the feel for homes – so much so that some are willing to put in an offer before they step foot in the door. Of offers signed last week, the brokerage Redfin reported, 12% were signed by customers who had toured the home only via video. That is up from close to zero at the beginning of March, the brokerage reports.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 27 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$495,452	$534,900	$125,000	$1,049,900	68

Single Home Market Snapshot – 24 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$523,467	$542,500	$225,000	$1,049,900	68

Townhouse Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$389,000	$389,000	$389,000	$389,000	67

Condo Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$125,000	$125,000	$125,000	$125,000	91

Twin Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$300,000	$300,000	$300,000	$300,000	65

*DOM = Days On Market

1 Wallingford PA home went under contract

0 new listings came onto the market

0 listings were withdrawn from the market

1 listing was temporarily taken off the market

1 listing expired

27 homes are Under Contract at this time

No Wallingford PA homes sold last week

**Wallingford Homes Sold April 6, 2020 To April 12, 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
– No Homes Sold –
AVERAGE

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – 1st Quarter 2020 Review

April 8, 2020 by admin

The 1st quarter of 2020 in Wallingford PA saw a total of 54 homes sold,an increase of 12 homes over last year. The average sales price increased 5.4% to $330,014 from last year where it stood at $312,971.

A total of $17,820,744 of real estate changed hands during the quarter.

The core category of single family homes recorded 35 sales, increasing from 25 last year, with an average selling price of $409,122 compared to last year’s average selling price of $404,816.

Days On Market averaged 49 a significant drop form last year when it averaged 78 days.

January recorded 19 sales, February had 21 sales, and 14 homes were sold in March.

The highest priced home sold in the quarter was 213 Pembroke Road which sold in January for $950,000.

**WALLINGFORD – 1ST QUARTER 2019 VS 1ST QUARTER 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	42	$312,971	78	92.5%	97.3%
2020	54	$330,014	49	93.6%	95.4%
	28.5%	5.4%	-37.2%	1.1%	-1.9%

1ST QUARTER 2020- SALES BY PRICE RANGE

PRICE RANGE	SALES	% Of SALES
< $100,000	3	5.6%
$100,000 To $200,000	12	22.2%
$200,000 To $300,000	10	18.5%
$300,000 To $400,000	9	16.7%
$400,000 To $500,000	14	25.9%
$500,000 To $600,000	4	7.4%
$800,000 To $900,000	1	1.8%
> $900,000	1	1.8%
TOTAL	54

Single Family Homes Sold – 1st Quarter 2020 – 35 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$409,122	$410,000	$175,000	$950,000	48

Townhouses Sold – 1st Quarter 2020- 5 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$316,600	$300,000	$175,000	$443,000	104

Condominiums Sold – 1st Quarter 2020 – 8 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$117,621	$117,494	$98,981	$140,000	26

Twin Homes Sold – 1st Quarter 2020 – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$162,917	$146,250	$50,000	$275,000	39

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 2020

April 8, 2020 by admin

Playgrounds closed due to coronavirus outbreak

As Are Other Recreational Facilities Bullens Lane Park Is Off Limits

With 14 closed transactions during March home sales in Wallingford PA fell short of last March’s total by 2 homes. The average selling price gained 19.8% over last year to $319,821 largely due to 10 single family homes selling during the month vs 6 singles sold last year.

A total of $4,477,488 in real estate transferred during the month.

Ten single family homes sold for an average price of $366,250 during the month and averaged 24 Days On Market. Last March 6 single family homes sold for an average price of $439,983 and spent an average of 51 Days On Market.

4219 Woodward Road had the highest selling price for the month at $481,000.

Buyers signed contracts for 23 homes during March, 18 single family homes, 2 condos, 2 twins, and 1 townhome – with an average asking price of $377,898 and an average of just 19 Days On Market.

Future settlements – 9 in April, 8 in May, and 2 in June.

At close of the 1st quarter of 2020 a total of 54 homes have sold surpassing last year’s 1st quarter volume by 12 homes. The average sales price has gone up $17,043 to $330,014 from last year when it stood at $312,971 representing a 5.5% increase.

Wallingford PA Closed Transactions March 2020
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
219 Woodward Road	SNG	4	2.1	$481,000	03/06/20	88
412 Rogers Lane	SNG	4	2.1	$465,000	03/12/20	64
311 Scott Lane	SNG	5	4.1	$414,000	03/13/20	51
675 Niblick Lane	TOWN	5	4.1	$300,000	03/16/20	294
110 Westminster Drive	SNG	4	2.0	$355,000	03/17/20	5
112 Beech Road	SNG	3	2.0	$277,700	03/18/20	3
5 Byre Lane	SNG	4	2.0	$349,900	03/20/20	4
658 Niblick Lane	TOWN	4	2.1	$255,000	03/20/20	173
800 Avondale Road #3O	CONDO	2	2.0	$140,000	03/20/20	32
800 Avondale Road #7H	CONDO	1	1.0	$119,988	03/20/20	24
206 Pine Road	SNG	3	1.1	$275,000	03/23/20	7
12 Berkshire Drive	SNG	4	2.1	$439,900	03/23/20	1
237 Canterbury Drive	SNG	3	1.1	$380,000	03/31/20	4
25 Ridley Drive	SNG	3	2.0	$225,000	03/31/20	9
AVERAGE				$319,821		54

* DOM = Days On Market

7 of 14 transactions had a Seller Assist:

– 219 Woodward Road – $6,000

– 110 Westminster Drive – $2,000

– 112 Beech Road – $700

– 5 Byre Lane – $10,000

– 206 Pine Road – $2,450

– 12 Berkshire Drive – $4,225

– 237 Canterbury Drive – $1,000

Financing Methods

– Conventional Mortgage – 12 transactions

– FHA Mortgage – 2 transactions

**WALLINGFORD SINGLE HOMES – MARCH 2020 – 10 SALES**
Avg Price	Median Price	Low	High	DOM*
$366,250	$367,500	$225,000	$481,000	24

**WALLINGFORD TOWNHOMES – MARCH 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$277,500	$277,500	$255,000	$300,000	234

**WALLINGFORD CONDOS- MARCH 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$129,994	$129,994	$119,988	$140,000	28

**WALLINGFORD – MARCH 2019 VS MARCH 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	16	$266,894	59	93.8%	99.2%
2020	14	$319,821	54	96.5%	97.6%
	-12.5%	19.8%	-8.5%	2.7%	-1.6%

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus