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Wallingford PA Real Estate – 1st Quarter 2019 Review

April 23, 2019 by admin

The 1st quarter of 2019 in Wallingford PA saw a total of 42 homes sold,an increase of 1 home over last year. The average sales price increased 2.4% to $312,971 from last year where it stood at $304,777.

A total of $13,144,799 of real estate changed hands during the quarter.

The core category of single family homes recorded 25 sales with an average selling price of $404,816 compared to last year’s average selling price of $363,327.

Days On Market averaged 87 matching the same time on the market as last year.

January recorded 15 sales, February had 11 sales, and 16 homes were sold in March.

The highest priced home sold in the quarter was 214 N Providence Road which sold in January for $673,000.

**WALLINGFORD – 1ST QUARTER 2018 VS 1ST QUARTER 2019**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2018	41	$304,777	87	94.1%	96.4%
2019	42	$312,971	87	92.5%	97.3%
	2.4%	2.7%	0.0%	-1.6%	0.9%

1ST QUARTER 2019 – SALES BY PRICE RANGE

PRICE RANGE	SALES	% Of SALES
< $100,000	3	2.4%
$100,000 To $200,000	9	21.4%
$200,000 To $300,000	10	23.8%
$300,000 To $400,000	9	21.4%
$400,000 To $500,000	4	9.5%
$500,000 To $600,000	2	4.7%
$600,000 To $700,000	5	11.9%
TOTAL	42

Single Family Homes Sold – 1st Quarter 2019 – 25 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$404,816	$365,000	$200,000	$673,000	79

Townhouses Sold – 1st Quarter 2019 – 8 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$239,313	$214,750	$170,000	$420,000	113

Condominiums Sold – 1st Quarter 2019 – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$115,475	$118,500	$89,999	$134,900	31

Twin Homes Sold – 1st Quarter 2019 – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$145,250	$125,750	$84,500	$245,000	94

Row Homes Sold – 1st Quarter 2019 – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$67,000	$67,000	$67,000	$67,000	269

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 15, 2019 To April 21, 2019

April 23, 2019 by admin

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

There are 70 homes listed for sale in Wallingford PA and Nether Providence Township on April 23, 2019 with an average asking price of $453,826.

Existing-home sales fell 4.9% in March, with all four major regions of the U.S. seeing a decline, the National Association of REALTORS® reported Monday. The drop follows a surge in sales the previous month. “It is not surprising to see a retreat after a powerful surge in sales in the prior month,” says NAR Chief Economist Lawrence Yun. “Still, current sales activity is underperforming in relation to the strength in the job markets. The impact of lower mortgage rates has not yet been fully realized.”

Total existing-home sales – completed transactions for single-family homes, townhomes, condos, and co-ops – dropped 4.9% from February to a seasonally adjusted annual rate of 5.21 million in March. Sales are down 5.4% from a year ago, NAR’s data shows.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 70 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$453,826	$432,500	$95,000	$1,175,000	65

Single Home Market Snapshot – 58 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$599,993	$466,950	$175,000	$1,175,000	68

Twin Home Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$257,100	$249,200	$99,999	$430,000	15

Townhouse Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$319,975	$317,450	$275,000	$370,000	99

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$132,450	$132,450	$119,000	$145,900	20

Row Home Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$97,500	$97,500	$95,000	$100,000	51

*DOM = Days On Market

11 Wallingford PA homes went under contract

3 new listings came onto the market

No listings expired

1 listing was withdrawn from the market

63 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold April 15, 2019 To April 21, 2019
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
4 Putters Lane	SNG	2	2.0	$267,500	04/19/19	8
209 Canterbury Drive	SNG	3	2.1	$360,000	04/19/19	29
AVERAGE				$313,750		19

Neither home sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 2019

April 19, 2019 by admin

La Cannelle Cafe – New Eatery In Wallingford Next To The Post Office

With 16 closed transactions during March home sales in Wallingford PA exceeded last March’s total by 3 homes. The average selling price saw a gain of 6.8% to $266,894. Last March the average selling price stood at $251,185.

A total of $4,270,300 in real estate transferred during the month.

Six single family homes sold for an average price of $439,983 during the month and averaged 51 Days On Market. Last March 8 single family homes sold for an average price of $338,083 and spent an average of 120 Days On Market.

411 Palmers Lane had the highest selling price for the month at $626,000.

It was an active month for buyers with 30 homes going under contract – 24 single family homes, 2 townhomes and 2 condos, 1 twin, and 1 row home – with an average asking price of $378,260 and an average of 45 Days On Market.

There are 41 settlements scheduled with 14 in April, 18 in May, 7 in June, and 1 in both July and August.

At close of the 1st quarter of 2019 a total of 37 homes have sold falling short last year’s 1st quarter volume by 4 homes. The average sales price has gone up $19,893 to $324,670 from last year when it stood at $304,777 representing a 6.5% increase.

Wallingford PA Closed Transactions March 2019
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
308 Media Parkway	SNG	3	2.1	$282,000	03/01/19	20
10 Leslie Lane	SNG	4	2.1	$314,000	03/08/19	71
937 Putnam Blvd	SNG	4	2.1	$314,000	03/11/19	71
1133 Putnam Blvd	TOWN	3	3.0	$172,500	03/13/19	118
431 Saybroook Lane	TOWN	2	2.1	$170,000	03/15/19	115
602 Columbia Mills Court	TOWN	3	3.0	$420000	03/15/19	120
718 Pennsylvania Avenue	ROW	3	1.0	$67,000	03/18/19	269
1240 Putnam Blvd	TOWN	2	2.2	$194,500	03/22/19	12
224 Wallingford Avenue	SNG	5	4.2	$538,000	03/26/19	174
707 Raleigh Court	TWIN	2	1.0	$107,000	03/26/19	66
411 Palmers Lane	SNG	4	2.1	$626,000	03/28/19	5
604 School Lane	SNG	4	2.0	$349,900	03/28/19	35
840B Putnam Blvd	CONDO	2	1.0	$105,000	03/28/19	14
420 Washington Avenue	TWIN	4	2.0	$84,500	03/28/19	58
509 E Country Club Lane	SNG	3	3.0	$530,000	03/29/19	1
800 Avondale Road #3C	CONDO	2	2.0	$134,900	03/29/19	25
AVERAGE				$314,000		71

* DOM = Days On Market

7 of 16 transactions had a Seller Assist:

– 308 Media Parkway – $550

– 431 Saybroook Lane – $5,070

– 1240 Putnam Blvd – $250

– 224 Wallingford Avenue – $5,000

– 707 Raleigh Court – $6,420

– 509 E Country Club Lane – $2,400

– 800 Avondale Road #3C – $500

Financing Methods

– Conventional Mortgage – 11 transactions

– Cash – 3 transactions

– FHA Mortgage – 2 transactions

**WALLINGFORD SINGLE HOMES – MARCH 2019 – 6 SALES**
Avg Price	Median Price	Low	High	DOM*
$439,983	$328,500	$282,000	$626,000	51

**WALLINGFORD TOWNHOMES – MARCH 2019 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$226,400	$175,000	$170,000	$420,000	79

**WALLINGFORD TWIN HOMES – MARCH 2019 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$95,750	$95,750	$84,500	$107,000	62

**WALLINGFORD CONDOS- MARCH 2019 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$119,950	$119,950	$105,000	$134,900	20

**WALLINGFORD CONDOS- MARCH 2019 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$67,000	$67,000	$67,000	$67,000	269

**WALLINGFORD – MARCH 2018 VS MARCH 2019**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2018	13	$251,185	103	95.8%	97.5%
2019	16	$266,894	71	93.8%	99.2%
	23.1%	6.3%	-31.1%	-2.0%	1.7%

Wallingford PA Real Estate – Wallingford, PA 19086

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

April 16, 2019 by admin

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

There are 66 homes listed for sale in Wallingford PA and Nether Providence Township on April 16, 2019 with an average asking price of $454,224.

Many homeowners may be one leaky or burst pipe away from a financial crisis.

Nearly 20% of homeowners admit they have no money put aside for an emergency home repair, according to a survey of more than 1,400 homeowners by HomeServe USA. Yet more than half of the respondents say they’ve had a home repair emergency in the last 12 months.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 66 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$454,244	$440,000	$95,000	$1,175,000	61

Single Home Market Snapshot – 54 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$503,631	$474,950	$175,000	$1,175,000	65

Twin Home Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$257,100	$249,200	$99,999	$430,000	8

Townhouse Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$319,975	$317,450	$275,000	$370,000	92

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$139,700	$139,700	$133,500	$145,900	14

Row Home Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$97,500	$97,500	$95,000	$100,000	44

*DOM = Days On Market

14 Wallingford PA homes went under contract

4 new listings came onto the market

No listings expired

No listings were withdrawn from the market

60 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold April 8, 2019 To April 14, 2019
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
601 Columbia Mills Court	TOWN	3	2.1	$410,000	04/08/19	1
414 Golfview Road	SNG	4	2.1	$470,000	04/11/19	48
1000 Putnam Blvd #201	CONDO	2	2.0	$160,000	04/11/19	84
AVERAGE				$346,667		44

414 Golfview Road sold with a $12,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

April 9, 2019 by admin

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

There are 63 homes listed for sale in Wallingford PA and Nether Providence Township on April 9, 2019 with an average asking price of $458,427.

Homeowners are paying more for property taxes. Nationwide, the average property tax bill was $3,498 in 2018, up 3% compared to a year ago, ATTOM Data Solutions, a real estate data firm, reports in a new analysis. The effective tax rate was 1.16% in 2018 (which is the average annual property tax).

New Jersey, Illinois, Texas, Vermont, and Connecticut had the highest effective tax rates in the country in 2018, the analysis showed.

Property taxes rose faster than the national average in 58% of the markets tracked in the study. Of the 219 metro areas analyzed, 120 – or 55% – posted an increase in average property taxes above the national average of 3%.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 63 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$458,427	$449,900	$95,000	$1,175,000	60

Single Home Market Snapshot – 52 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$501,640	$474,950	$179,900	$1,175,000	61

Twin Home Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$265,000	$265,000	$99,999	$430,000	4

Townhouse Market Snapshot – 5 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$345,960	$334,900	$275,000	$449,900	71

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$170,400	$170,400	$155,900	$184,900	94

Row Home Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$97,500	$97,500	$95,000	$100,000	37

*DOM = Days On Market

5 Wallingford PA homes went under contract

10 new listings came onto the market

No listings expired

No listings were withdrawn from the market

51 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold April 1, 2019 To April 7, 2019
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
991 Putnam Blvd	TOWN	2	2.1	$171,000	04/0319	33
720 Beechwood Road	SNG	4	4.0	$370,000	04/05/19	72
AVERAGE				$270,500		53

720 Beechwood Road sold with a $15,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus