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Wallingford PA Real Estate – 2nd Quarter 2019 Review

July 19, 2019 by admin

The 2nd quarter of 2019 in Wallingford PA recorded a total of 83 homes sold surpassing last year’s volume by 2 homes and saw the average selling price increase by 3.9% to $358,286. Total dollar sales volume rose to $29,737,767, and days on market decreased 5.3% to an average of 54 vs 57 last year.

The core category of single family homes posted 62 sales with an average selling price of $407,087 compared to 57 single homes selling last year with an average selling price of $417,512 – a 2.5% decrease.

April recorded 22 sales, May 27 sales, and 34 homes were sold in June.

The highest priced home sold in the 2nd quarter was 36 Brookside Road that sold in June for $825,000.

At the mid point of the year 125 sales have been recorded with an average selling price of $343,061 compared to 122 sales with an average selling price of $331,392 for the first six months of 2018 – which represents a 3.5% increase in the average selling price.

**WALLINGFORD – 2ND QUARTER 2018 VS 2ND QUARTER 2019**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2018	81	$344,863	57	95.9%	97.7%
2019	83	$358,286	54	97.3%	98.2%
	2.5%	3.9%	-5.3%	1.4%	0.5%

2ND QUARTER 2019 – SALES BY PRICE RANGE

PRICE RANGE	SALES
< $100,000	3
$100,000 To $200,000	13
$200,000 To $300,000	17
$300,000 To $400,000	17
$400,000 To $500,000	19
$500,000 To $600,000	5
$600,000 To $700,000	7
$700,000 To $800,000	1
$800,000 To $900,000	1
TOTAL	83

Single Family Homes Sold – 2nd Quarter 2019 – 62 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,087	$395,590	$165,000	$825,000	59

Townhouses Sold – 2nd Quarter 2019 – 8 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$284,750	$305,000	$88,000	$440,000	32

Twin Homes Sold – 2nd Quarter 2019 – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$210,483	$205,450	$85,000	$406,000	31

Condominiums Sold – 2nd Quarter 2019 – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$140,258	$129,625	$112,500	$184,900	63

Row Homes Sold – 2nd Quarter 2019 – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$115,900	$115,900	$115,900	$115,900	1

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – June 2019

July 19, 2019 by admin

Newly Hatched Baby Robins

June 2019 recorded 34 sales under performing last June’s tally by 3 homes. The average sales price in June was $367,050, which represents a 15.7% increase compared to last year’s average of $317,284. The 34 sales consisted of 25 single family homes, 4 twins, 2 townhouses, 2 condos, and 1 row home.

A total of $12,479,699 of real estate changed hands this month.

Twenty five single family homes sold in June with an average price of $410,820 and averaged 69 days on the market, compared to last year when 24 single family homes sold for an average price of $397,054 and averaged 54 days on the market.

The highest selling price for the month was $825,000 for 36 Brookside Road.

There were 15 listings with an average list price of $399,347 that went under contract during the month – 11 single family homes, and 4 condos.

There are 26 settlements scheduled with 20 in July, 5 in August, and 1 in September.

**Wallingford Homes Sold June 2019**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
201 Governors Drive	SNG	3	1.1	$322,000	06/03/19	41
207 Cedar Road	SNG	3	2.0	$240,000	06/03/19	77
202 Cooper Drive	SNG	5	2.1	$450,000	06/03/19	142
302 Scott Lane	SNG	3	1.1	$324,000	06/03/19	263
1000 Putnam Blvd #204	CONDO	2	2.0	$184,900	06/04/19	173
401 Woodward Road	SNG	4	3.1	$500,000	06/04/19	242
609 Vernon Street	TWIN	3	2.1	$406,000	06/05/19	54
401 Sheffield Drive	SNG	4	2.1	$447,500	06/07/19	45
808 Washington Avenue	TWIN	2	1.0	$261,000	06/07/19	11
513 Vernon Street	TWIN	3	1.0	$99,000	06/07/19	40
107 Walnut Road	SNG	3	1.1	$265,000	06/10/19	71
706 Columbus Court	ROW	3	1.0	$115,900	06/12/19	1
304 Governors Drive	SNG	3	1.1	$310,000	06/12/19	98
304 Rosewood Lane	SNG	4	2.1	$620,000	06/13/19	22
228 Engle Drive	SNG	4	3.1	$575,000	06/13/19	63
711 Kincaid Mills Lane	TOWN	3	2.1	$380,000	06/14/19	19
203 Elm Road	SNG	3	1.0	$165,000	06/19/19	236
217 Beatty Road	SNG	4	3.1	$680,000	06/19/19	19
25 Willow Road	SNG	3	2.1	$273,000	06/20/19	64
7 Chestnut Parkway	SNG	3	1.0	$222,500	06/20/19	30
709 Kincaid Mills Lane	TOWN	4	3.1	$440,000	06/20/19	16
6 Sharpless Lane	SNG	4	2.1	$365,000	06/21/19	13
16 E Possum Hollow Road	SNG	3	3.0	$322,500	06/21/19	81
6 Gearys Lane	SNG	4	4.0	$485,000	06/24/19	16
36 Brookside Road	SNG	5	5.1	$825,000	06/25/19	3
107 Blakeley Road	TWIN	3	2.0	$208,900	06/25/19	33
412 Hawthorne Road	SNG	3	2.0	$425,000	06/26/19	32
405 Blakeley Road	SNG	3	2.0	$231,000	06/26/19	7
309 Scott Lane	SNG	4	1.1	$260,000	06/27/19	3
700 Avondale Road PH5	CONDO	1	1.0	$112,500	06/27/19	75
803 Springlawn Drive	SNG	4	3.1	$660,000	06/27/19	6
5 Green Valley Road	SNG	3	2.0	$415,000	06/27/19	21
26 Furness Lane	SNG	4	3.0	$600,000	06/28/19	51
205 Walnut Road	SNG	3	2.1	$288,000	06/28/19	77
AVERAGE				$367,050		63

* DOM = Days On Market

15 of 34 homes sold with a Seller Assist:

– 202 Cooper Drive – $6,000

– 302 Scott Lane – $19,000

– 401 Woodward Road – $2,500

– 1000 Putnam Blvd #204 – $365

– 609 Vernon Street – $12,180

– 513 Vernon Street – $7,830

– 107 Walnut Road – $1,700

– 304 Governors Drive – $1,025

– 706 Columbus Court – $3,760

– 711 Kincaid Mills Lane – $750

– 7 Chestnut Parkway – $2,250

– 6 Gearys Lane – $4,000

– 736 BrooksideRoad – $745

– 5 Green Valley Road – $6,000

Financing Methods

– Conventional Mortgage – 25 transactions

– Cash – 7 transactions

– FHA Mortgage – 1 transaction

– Other – 1 transaction

There were no foreclosure or distressed property sales this month.

**WALLINGFORD SINGLE HOMES – JUNE 2019 – 25 SALES**
Avg Price	Median Price	Low	High	DOM*
$410,820	$365,000	$165,000	$825,000	69

**WALLINGFORD TWINS – JUNE 2019 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$243,975	$234,950	$99,999	$406,000	35

**WALLINGFORD TOWNHOUSES – JUNE 2019 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$410,000	$410,000	$380,000	$440,000	18

**WALLINGFORD CONDOS – JUNE 2019 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$148,700	$148,700	$112,500	$184,900	124

**WALLINGFORD ROW HOMES – JUNE 2019 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$115,900	$115,900	$115,900	$115,900	1

**WALLINGFORD – JUNE 2018 VS JUNE 2019**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2018	37	$317,284	63	96.3%	98.1%
2019	34	$367,050	63	96.6%	97.4%
	-8.1%	15.7%	0.0%	0.3%	-0.7%

Wallingford PA Real Estate – Wallingford, PA 19086

The Heat Is On – What To Expect From Your Central Air Conditioning System

July 19, 2019 by admin

As the weekend approaches with the possibility of the thermometer reaching 100 degrees for the first time since 2012 a home with air conditioning is a necessity not a luxury. But do you know how your central air conditioning system can be expected to perform?

Generally speaking an air conditioning system is designed to keep your home’s indoor temperature about 15 to 20 degrees cooler than the outside temperature while maintaining a comfortable 55% humidity level. So if the outdoor temperature is 80 degrees your air conditioning can reach 70 degrees, since that is only a 10 degree temperature differential. Even if it reaches 90 degrees outside your air conditioner should still reach the 70 degree mark. However, as the temperature nears 100 degrees outside, it will be nearly impossible to reach 70 degrees inside without the air conditioner working overtime and causing problems such as excess humidity and wasting energy.

If you have your air conditioner set to a temperature that makes that temperature differential more than 20 degrees your system will likely run all day long and still not quite reach the desired temperature. This becomes a waste of money on your end by overusing a system that was not designed to maintain such a temperature.

A good rule of thumb is during the hottest days when the dial reaches 100 degrees it is best to set your AC to somewhere between 75 and 80 degrees. You can also supplement that slight temperature difference with closed curtains on sunny side of the building, running ceiling fans and keeping the air flow moving by using portable fans.

Also make certain that you perform the most basic air conditioning system maintenance – checking your air filter. It should be replaced every 90 days in order to keep you system running at peak efficiency.

Wallingford Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 8, 2019 To July 14, 2019

July 16, 2019 by admin

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

There are 56 homes listed for sale in Wallingford PA and Nether Providence Township on July 16, 2019 with an average asking price of $462,775.

In just a few months, home shoppers may begin to see a drop in the number of homes for sale, which could lead to the return of bidding wars and quicker home sales, a new report from realtor.com® predicts.

Realtor.com® researchers predict a major shift to occur in the housing market that will affect buyers’ bargaining power well into 2020. With high demand for the limited number of homes for sale, buyers may need to be braced to pay higher home prices.

The U.S. median listing price in June reached its highest point of the year at $316,000. Properties in June spent an average of 56 days on the market, a two-day increase from a year ago.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 56 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$462,775	$394,750	$104,000	$999,900	88

Single Home Market Snapshot – 44 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$535,175	$479,000	$165,000	$999,900	89

Townhouse Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$313,250	$314,000	$275,000	$350,000	154

Condo Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$120,967	$121,750	$104,000	$135,900	57

Twin Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$240,000	$240,000	$240,000	$240,000	27

Row Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$148,900	$148,900	$148,900	$148,900	19

*DOM = Days On Market

5 Wallingford PA homes went under contract

2 new listings came onto the market

No listings expired

No listings were withdrawn from the market

32 homes are Under Contract at this time

4 Wallingford PA homes sold last week

Wallingford Homes Sold July 8, 2019 To July 14, 2019
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
412 Sheffield Drive	SNG	3	1.1	$258,000	07/08/19	5
104 Brent Drive	SNG	3	2.1	$372,500	07/08/19	75
711Hemlock Road	SNG	5	3.1	$724,000	07/12/19	79
301 Sykes Lane	SNG	4	2.1	$560,000	07/12/19	109
AVERAGE				$478,625		67

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 1, 2019 To July 7, 2019

July 9, 2019 by admin

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

There are 62 homes listed for sale in Wallingford PA and Nether Providence Township on July 9, 2019 with an average asking price of $464,600.

Commute time is an important factor to buyers when they’re deciding on a home to purchase. Eighty-five percent of buyers say they would sacrifice other home features, such as lot size, square footage, and home style, in order to shorten their commute to work, according to a survey of more than 600 realtor.com® users. Forty percent say they are looking to reduce their commute time by up to 45 minutes.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 62 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$464,600	$419,950	$104,000	$999,000	79

Single Home Market Snapshot – 49 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$533,012	$485,000	$129,900	$999,000	80

Townhouse Market Snapshot – 5 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$314,580	$319,000	$275,000	$350,000	128

Condo Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$120,967	$121,750	$104,000	$135,900	50

Twin Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$240,000	$240,000	$240,000	$240,000	20

Row Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$148,900	$148,900	$148,900	$148,900	19

*DOM = Days On Market

5 Wallingford PA homes went under contract

1 new listing came onto the market

1 listing expired

2 listings were withdrawn from the market

33 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold July 1, 2019 To July 7, 2019
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
204 Martroy Lane	SNG	4	2.1	$481,000	07/01/19	19
202 Woodcrest Road	SNG	3	1.1	$374,000	07/02/19	7
AVERAGE				$427,500		13

204 Martroy Lane sold with a $10,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus