July 2017 finishes with 27 closed sales surpassing last year’s total by 6 homes. The average sales price came in at $312,826 which is a 4.9% decrease in the average sales price over last year. The 27 sales were comprised of 18 single family homes, 7 condos, 1 townhome, and 1 twin. A total of $8,446,300 of real estate changed hands during the month.

Eighteen single family homes sold for an average price of $405,600 and averaged 26 days on the market. Last July 15 single family homes sold for an average price of $396,932.

The highest selling price for the month was $595,000 for 500 E Country Club Lane.

There were 9 listings that went under contract during the month, all were single family homes. The average asking price was $501,644 and were on the market an average of 66 days.

There are are 18 future settlements scheduled with 11 in August and 7 in September.

Wallingford PA Closed Home Transactions July 2017

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
719 Oxford Lane	4	2.1	$369,900	07/07/17	4
202 Martroy Lane	3	2.0	$400,000	07/07/17	28
705 Harvey Road	4	2.0	$275,000	07/09/17	20
610 School Lane	3	1.1	$295,000	07/10/17	21
303 Henry Lane	4	2.0	$360,,000	07/12/17	16
718B Putnam Blvd	2	1.0	$110,000	07/12/17	10
211 Martroy Lane	4	2.1	$539,000	07/14/17	8
374B Saybrook Lane	2	1.0	$92,000	07/14/17	77
619 Morris Lane	3	2.1	$335,000	07/14/17	19
108 Beech Road	3	2.0	$216,000	07/14/17	7
300 Fairfield Drive	4	2.2	$475,000	07/14/17	3
500 E Country Club Lane	4	3.1	$595,000	07/17/17	8
605 Vernon Street	3	1.0	$190,000	07/17/17	13
209 Woodward Road	5	3.1	$570,000	07/18/17	28
700 Avondale Road #6I	2	2.0	$115,000	07/19/17	23
700B Putnam Blvd	2	1.0	$113,500	07/25/17	14
10 Waterford Way	4	2.1	$419,900	07/27/17	161
912 Surrey Road	4	2.1	$412,000	07/27/17	100
302A Saybrook Lane	2	1.0	$100,000	07/27/17	72
700 Avondale Road #3E	2	2.0	$105,000	07/27/17	99
906 Surrey Road	3	2.1	$420,000	07/27/17	13
740B Putnam Blvd	2	1.0	$103,000	07/28/17	8
427 Saybrook Lane	2	2.1	$182,000	07/28/17	11
721 Columbus Court	3	2.1	$225,000	07/31/17	65
110 Sycamore Lane	4	3.1	$581,000	07/31/17	9
55 Green Valley Road	3	1.1	$412,000	07/31/17	14
315 Prichard Lane	4	2.1	$436,000	07/31/17	3
Average			$312,826		31

* DOM = Days On Market

10 of 27 homes sold with a Seller Assist:

– 610 School Lane – $9,250

– 211 Martroy Lane – $200

– 374B Saybrook Lane – $500

– 700 Avondale Road #6I – $6,900

– 10 Waterford Way – $7,000

– 700 Avondale Road #3E – $2,000

– 906 Surrey Road – $2,000

– 427 Saybrook Lane – $5,460

– 721 Columbus Court – $6,750

– 110 Sycamore Lane – $12,000

Financing Methods

– Conventional Mortgage – 19 transactions

– Cash – 4 transactions

– FHA Mortgage – 2 transactions

VA Mortgage – 2 transactions

WALLINGFORD SINGLE HOMES – JULY 2017 – 18 SALES

Avg Price	Median Price	Low	High	DOM*
$405,600	$412,000	$190,000	$595,000	26

WALLINGFORD CONDOS – JULY 2017 – 7 SALES

Avg Price	Median Price	Low	High	DOM*
$105,500	$105,000	$92,000	$115,000	43

WALLINGFORD TOWNHOUSES – JULY 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$182,000	$182,000	$182,000	$182,000	11

WALLINGFORD TWIN HOMES – JULY 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$225,000	$225,000	$225,000	$225,000	65

WALLINGFORD – JULY 2016 VS JULY 2017

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	21	$328,975	94	93.9%	97.1%
2017	27	$312,826	31	97.5%	98.1%
	28.6%	-4.9%	-67.1%	3.6%	1.0%

Wallingford PA Real Estate – Wallingford, PA 19086

June 2017 posted 31 closed sales falling short of last June’s tally by 2 homes. The average sales price in June came in at $373,252 which represents a 11.5% increase over last year’s average of $333,867. The 31 sales were comprised of 27 single family homes, 2 townhomes, 1 row, and 1 condo.

During June 27 single family homes sold for an average price of $404,511 and averaged 53 days on the market. Thirteen single homes sold in less than 14 days. Last June 26 single family homes sold for an average price of $$382,681 and averaged 64 days on the market.

The highest selling price for the month was $643,500 for 904 Heathdale Lane.

There were 25 listings with an average list price of $317,384 that went under contract during the month – 16 single family homes, 4 condos, 4 twins, an 1 townhome.

There are 41 settlements scheduled with 31 in July, 9 in August, and 1 in September.

Wallingford PA Closed Home Transactions June 2017

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
120 Maple Road	4	1.0	$210,000	06/01/17	207
409 Woodward Road	5	2.1	$535,000	06/01/17	2
208 Ash Road	3	1.1	$275,000	06/01/17	3
207 Media Parkway	3	1.0	$210,000	06/02/17	159
209 E Rose Valley Road	3	1.1	$355,000	06/05/17	15
308 Rosewood Lane	4	2.2	$565,000	06/06/17	6
904 Heathdale Lane	4	2.1	$643,500	06/07/17	17
108 Quaint Road	3	1.1	$360,000	06/08/17	9
507 Wilder Road	4	2.1	$395,000	06/09/17	21
824A Putnam Blvd	2	1.0	$100,000	06/10/17	129
416 Oak Valley Road	5	3.0	$465,000	06/12/17	79
908 Twyckenham Road	3	2.1	$598,000	06/14/17	9
311 Crestview Circle	4	3.1	$299,700	06/15/17	117
404 Briarwood Road	3	1.1	$340,000	06/16/17	352
112 Beech Road	3	2.0	$245,000	06/19/17	198
309 Woodridge Lane	3	2.1	$415,000	06/20/17	7
903 Twyckenham Road	3	2.1	$495,000	06/20/17	7
418 Sheffield Drive	3	2.0	$332,500	06/23/17	35
510 Georgetown Road	3	2.0	$347,000	06/23/17	48
421 Oak Valley Road	3	2.0	$445,000	06/23/17	16
23 Berkshire Drive	5	2.1	$395,000	06/26/17	35
714 Beechwood Road	3	2.1	$395,700	06/26/17	11
505 Wilder Road	5	2.1	$420,000	06/27/17	6
656 Niblick Lane	3	2.1	$225,000	06/28/17	471
108 Sycamore Lane	3	2.0	$619,000	06/29/17	5
753 Pennsylvania Avenue	2	1.0	$115,000	06/29/17	24
217 Beech Road	3	1.0	$205,000	06/29/17	2
615 W Brookhaven Road	4	3.1	$386,000	06/30/17	59
1006 Putnam Blvd	2	2.1	$178,000	06/30/17	41
210 Ridgewood Road	3	1.1	$429,900	06/30/17	5
26 Brookside Road	4	3.0	$540,000	06/30/17	14
AVERAGE			$372,252		68

* DOM = Days On Market

10 of 31 transactions sold with a Seller Assist:

– 208 Ash Road – $12,500

– 824A Putnam Blvd – $3,000

– 416 Oak Valley Road- $7,500

– 404 Briarwood Road – $11,200

– 903 Twyckenham Road – $1,000

– 23 Berkshire Road – $1,800

– 753 Pennsylvania Avenue – $500

– 217 Beech Road – $5,000

– 615 W Brookhaven Road – $15,000

– 1006 Putnam Blvd – $500

Financing Methods

– Conventional Mortgage – 20 transactions

– Cash – 6 transactions

– FHA Mortgage – 5 transactions

WALLINGFORD SINGLE HOMES – JUNE 2017 – 27 SALES

Avg Price	Median Price	Low	High	DOM*
$404,511	$395,000	$205,000	$643,500	53

WALLINGFORD TOWNHOUSES – JUNE 2017 – 2 SALES

Avg Price	Median Price	Low	High	DOM*
$201,500	$201,500	$178,000	$225,000	256

WALLINGFORD CONDOS – JUNE 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$100,000	$100,000	$100,000	$100,000	129

WALLINGFORD ROWS – JUNE 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$115,000	$115,000	$115,000	$115,000	24

WALLINGFORD – JUNE 2016 VS JUNE 2017

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	33	$333,867	76	95.5%	98.3%
2017	31	$372,252	68	94.4%	97.3%
	-6.1%	11.5%	-10.5%	-1.1%	-1.0%

Wallingford PA Real Estate – Wallingford, PA 19086

May 2017 posted 24 sales with $8,832,300 in real estate changing hands. The average sales price in May came in at $368,013 which is a 10.9% increase over last year. Volume in May was lower than last year by 6 homes. The 24 sales consisted of 20 single family homes, 2 condos, 1 townhouses, and 1 twin.

May typified a true seller’s market – 14 homes sold in 2 weeks or less and single home sellers realized 99.35% of their last asking price. Thirteen homes sold at full asking price or more.

Twenty single family homes sold for an average price of $413,215 and averaged 62 days on the market. Last May 20 single family homes sold for an average price of $390,937 and averaged 114 days on the market.

The highest selling price for the month was $750,000 for 2 Lake Road.

There were 26 listings that went under contract during the month – 22 single family homes, 2 townhomes, and 2 condos. The average listing price was $355,692 and the listings spent an average of 52 days on the market.

There are 29 settlements scheduled for June, 10 in July, and 3 in August.

Wallingford PA Closed Home Transactions May 2017

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
20 Brookside Road	3	3.1	$570,000	05/01/17	12
313 Henry Lane	4	2.0	$365,000	05/01/17	7
621 Manchester Avenue	4	3.2	$228,000	05/02/17	221
700 Avondale Road #7H	1	1.0	$85,000	05/04/17	71
5 Meadow Lane	4	2.1	$415,000	05/05/17	289
708 Devon Lane	4	2.1	$250,000	05/05/17	2
305 Henry Lane	4	2.0	$389,000	05/08/17	1
419 E Country Club Lane	3	2.1	$425,000	05/11/17	4
123 Willow Road	3	2.0	$252,500	05/11/17	1
202 Walker Road	4	2.0	$350,000	05/12/17	236
1 Bullens Lane	4	2.1	$450,000	05/12/17	56
1012 Glen Road	4	3.1	$280,000	05/15/17	270
700 Avondale Road #7H	1	1.0	$85,000	05/15/17	50
2 Lake Road	4	3.1	$750,000	05/15/17	12
423 Oak Valley Road	4	2.1	$444,000	05/15/17	8
506 E Country Club Lane	3	2.0	$550,000	05/17/17	5
1049 Putnam Blvd	3	2.1	$150,000	05/17/17	12
412 Bickmore Drive	4	3.1	$455,000	05/19/17	5
412 Hawthorne Road	3	2.0	$390,000	05/22/17	7
114 Governors Drive	3	1.1	$325,000	05/24/17	1
617 W Brookhaven Road	4	2.2	$399,900	05/25/17	38
213 Plush Mill Road	4	3.1	$558,000	05/25/17	10
102 Cedar Road	3	1.1	$249,900	05/30/17	6
1003 Glen Road	5	2.1	$399,000	05/31/17	231
AVERAGE			$368,013		66

* DOM = Days On Market

5 of 24 transactions had a Seller Assist:

– 313 Henry lane  – $15,700

– 5 Meadow Lane – $7,000

– 202 Walker  Lane – $7,300

– 1012 Glen Road – $16,800

– 617 W Brookhaven Road – $11,997

Financing Methods

– Conventional Mortgage – 19 transactions

– Cash – 4 transactions

– FHA Mortgage – 1 transaction

There were 2 distressed sales during May

 

WALLINGFORD SINGLE HOMES – MAY 2017 – 20 SALES

Avg Price	Median Price	Low	High	DOM*
$413,215	$399,450	$249,900	$750,000	62

WALLINGFORD CONDOS – MAY 2017 – 2 SALES

Avg Price	Median Price	Low	High	DOM*
$95,000	$95,000	$85,000	$105,000	61

WALLINGFORD TOWNHOUSES- MAY 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$150,000	$150,000	$150,000	$150,000	12

WALLINGFORD TWINS – MAY 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$228,000	$228,000	$228,000	$228,000	221

WALLINGFORD – MAY 2016 VS MAY 2017

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	30	$331,958	110	96.2%	97.5%
2017	24	$368,013	66	96.0%	97.9%
	-20.0%	10.9%	-40.0%	-0.2%	0.4%

Wallingford PA Real Estate – Wallingford, PA 19086

With 11 closed transactions during March home sales in Wallingford PA home sales fell short of last March’s total by 3 homes. The average selling price was $325,309 representing a 13.5% increase year over year. $3,578,400 in real estate changed hands during the month.

Eight single family homes sold for an average price of $383,250 during the month and averaged 103 Days On Market. Last March 11 single family homes sold for an average price of $298,382 and spent an average of 74 Days On Market.

920 Twyckenham Road had the highest selling price for the month at $640,000.

There were 21 homes that went under contract during the month – 16 single family homes, 3 townhomes and 2 condos – with an average asking price of $398,510 and an average of 59 Days On Market.

There are 30 settlements scheduled with 11 in April, 14 in May, 4 in June, and 1 in July.

After the 1st quarter of 2017 a total of 38 homes have sold besting last year’s 1st quarter volume by 7 homes. The average sales price saw an increase to $327,787 from last year where it stood at $277,542, representing a 18.1% increase.

Wallingford PA Closed Transactions March 2017

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
200 Winterloch Way	4	1.1	$260,000	03/01/17	270
212 Moylan Avenue	4	2.1	$460,000	03/06/17	317
4 Church Road	5	3.2	$620,000	03/06/17	99
854B Putnam Blvd	2	1.0	$95,900	03/10/17	48
501 Springhaven Road	4	2.0	$375,000	03/16/17	20
1116 Putnam Blvd	2	2.1	$159,000	03/20/17	47
101 Harvey Road	4	2.2	$356,000	03/24/17	8
515 Scott Lane	4	1.1	$240,000	03/30/17	2
6 Mallard Mill Run	2	2.0	$262,500	03/31/17	201
402 Albany Court	2	1.0	$115,000	03/31/17	7
920 Twyckenham Road	5	3.1	$640,000	03/31/17	102
AVERAGE			$325,309		102

* DOM = Days On Market

5 of 11 transactions had a Seller Assist:

– 200 Winterloch Way – $2,550

– 212 Moylan Avenue – $25,000

– 1116 Putnam Blvd – $2,500

– 101 Harvey Road- $5,000

– 920 Twyckenham Road- $7,000

Financing Methods

– Conventional Mortgage – 7 transactions

– Cash – 4 transactions

WALLINGFORD SINGLE HOMES – MARCH 2017 – 8 SALES

Avg Price	Median Price	Low	High	DOM*
$383,250	$365,500	$115,000	$640,000	103

WALLINGFORD TOWNHOMES – MARCH 2017 – 2 SALES

Avg Price	Median Price	Low	High	DOM*
$210,750	$210,750	$159,000	$262,500	124

WALLINGFORD CONDOS- MARCH 2017 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$90,900	$90,900	$90,900	$90,900	48

WALLINGFORD – MARCH 2016 VS MARCH 2017

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	14	$286,657	84	93.5%	101.0%
2017	11	$325,309	102	94.8%	95.5%
	-21.4%	13.5%	21.4%	1.3%	-5.5%

Wallingford PA Real Estate – Wallingford, PA 19086