Wallingford Monthly Market Updates

Wallingford PA Real Estate – November 2020

December 9, 2020 by admin

Longwood Gardens - Christmas Display 2020

Longwood Gardens – Conservatory – Christmas Season 2020

November home sales in Wallingford PA increased by 4 homes compared to last year with with 21 closed transactions. The average selling price increased slightly – 1.3% – over last year to $397,762. Buyers were quick to buy during the month with 15 transactions going under contract in less than 15 days. November sales consisted of 15 single family homes, 2 condos, 2 townhouses, 1 twin, and 1 row home.

November’s 15 single family homes sold for an average price of $480,500 and averaged just 14 days on the market. Last November there were 13 single family home sales that sold for an average price of $479,123 and spent an average of 60 days on the market.

4 Fern Lane had the highest selling price for the month at $1,006,000.

With 1 month remaining in the year 2020 sales are slightly behind the results of 2019 for the same time period which would be expected due to the restrictions placed on real estate activity during the Spring. Year to date in 2020 there have been 204 closed transactions versus 210 last year. The average selling price has seen a sizeable increase – up 8.1% over last’s year’s $349,498 compared to $337,945 in 2020.

Seventeen listings went under contract during the month – 13 single family homes, 2 townhouses, and 2 condos – with an average asking price of $434,423 and averaged 57 Days On Market.

There are 20 settlements scheduled – 14 in December and 6 in January 2021.

**Wallingford Homes Sold November 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
203 Avondale Road	SNG	4	2.0	$486,000	11/02/20	6
306 Henry Lane	SNG	4	2.0	$415,000	11/04/20	54
1152 Putnam Blvd	TOWN	4	3.1	$279,000	11/05/20	9
22 Chestnut Parkway	SNG	5	2.1	$350,000	11/06/20	8
433 New Jersey Avenue	ROW	3	1.0	$131,500	11/12/20	6
702 Concord Court	TWIN	2	1.0	$150,000	11/12/20	5
1000 Putnam Blvd #504	CONDO	2	2.0	$188,000	11/12/20	8
747 Windsor Place	SNG	4	2.1	$481,000	11/13/20	3
626 Georgetown Road	SNG	4	1.2	$374,500	11/16/20	7
616 Bickmore Drive	SNG	3	2.0	$405,000	11/17/20	29
338 Saybrook Lane	CONDO	2	1.0	$127,000	11/19/20	40
815 Parkridge Drive	SNG	4	2.1	$395,000	11/20/20	3
217 Martroy Lane	SNG	4	2.0	$540,000	11/20/20	5
715 Pine Ridge Road	SNG	5	3.1	$703,000	11/24/20	4
403 Saybrook Lane	TOWN	2	2.2	$270,000	11/24/20	4
217 Sykes Lane	SNG	4	2.0	$375,000	11/24/20	5
407 Emerald Lane	SNG	3	1.0	$237,000	11/25/20	24
200 W Brookhaven Road	SNG	4	2.1	$487,500	11/30/20	3
218 Moylan Avenue	SNG	5	3.0	$537,500	11/30/20	1
4 Fern Lane	SNG	4	3.0	$1,006,000	11/30/20	51
AVERAGE				$396,900		14

* DOM = Days On Market

3 of 20 transactions had a Seller Assist:

– 203 Avondale Road – $14,500

– 1152 Putnam Blvd – $500

– 407 Emerald Lane – $5,000

– Financing Methods

– Conventional Mortgage – 14 transactions

– Cash – 6 transactions

**WALLINGFORD SINGLE HOMES – NOVEMBER 2020 – 15 SALES**
Avg Price	Median Price	Low	High	DOM*
$480,500	$415,000	$237,000	$1,006,000	14

**WALLINGFORD TOWNHOUSES – NOVEMBER 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$274,500	$274,500	$270,000	$279,000	7

**WALLINGFORD CONDOS – NOVEMBER 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$157,500	$157,500	$127,000	$188,000	24

**WALLINGFORD TWINS – NOVEMBER 2020 -1 SALE**
Avg Price	Median Price	Low	High	DOM*
$150,000	$150,000	$150,000	$150,000	5

**WALLINGFORD ROWS – NOVEMBER 2020 -1 SALE**
Avg Price	Median Price	Low	High	DOM*
$131,500	$131,500	$131,500	$131,500	6

**WALLINGFORD – NOVEMBER 2019 VS NOVEMBER 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	17	$392,676	55	92.3%	95.9%
2020	21	$397,762	13	101.6%	102.2%
	17.6%	1.3%	-76.3%	9.3%	6.3%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 2020

November 5, 2020 by admin

October was another robust month of sales with 19 sales recorded for the month representing a 5 home increase over last year. The average selling price came in at $467,211. The year to year price comparison is distorted by the large increase in the number of single family homes sold, 3 last year vs 14 this year, propelling the average sales price this year to a 105.8% increase compared to last October. Sales this month consisted of 14 singles, 2 condos, 1 twins, 1 townhouse, and 1 row home.

Fourteen single family homes sold for in October with an average price of $571,679 and averaged just 11 days on the market, with 9 homes selling in less than a week. Last October 3 single family homes sold for an average price of $385,000 and spent an average of 19 days on the market.

104 Luckie Lane had the highest selling price for the month at $975,000.

With 2 months remaining in the year the number of closed transactions stands at 184 vs 193 for the same time period last year. The average selling price for the first 10 months of this year stands at $375,884 vs $345,695 last year, which represents a 8.7% increase.

Nineteen listings went under contract during the month – 14 single family homes, 2 condos, 1 townhome, 1 row home, and 1 twin with an average asking price of $380,537 and an average of 12 Days On Market.

There are 21 settlements scheduled with 18 in November and 3 in December.

**Wallingford Homes Sold October 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
124 Ronaldson Street	SNG	3	1.1	$290,000	10/01/20	157
700 Avondale Road #5J	CONDO	2	2.0	$128,500	10/02/20	6
37 Green Valley Road	SNG	3	1.1	$456,000	10/07/20	0
109 Maple Road	SNG	4	3.0	$305,000	10/07/20	8
230 W Rose Valley Road	SNG	4	2.1	$525,000	10/07/20	4
309 Ryanard Road	SNG	5	3.0	$376,000	10/14/20	5
2 Hickory Lane	SNG	4	2.0	$420,000	10/14/20	22
110 Avonbrook Road	SNG	4	3.1	$635,000	10/23/20	1
3 Church Road	SNG	3	2.1	$685,000	10/23/20	4
800 Avondale Road #6C	CONDO	2	2.0	$135,000	10/26/20	18
302 Denver Court	ROW	2	1.0	$55,000	10/27/20	11
415 Hawthorne Road	SNG	3	2.1	$527,500	10/29/20	5
7 Kershaw Road	SNG	5	2.1	$875,000	10/29/20	3
104 Luckie Lane	SNG	5	3.3	$975,000	10/29/20	34
17 Berkshire Drive	SNG	5	3.0	$430,000	10/29/20	41
302 Woodward Road	SNG	4	2.1	$635,000	10/30/20	5
411 Woodward Road	SNG	6	4.0	$830,000	10/30/20	1
527 Washington Avenue	TWIN	3	1.1	$265,000	10/30/20	10
239 Canterbury Drive	SNG	3	1.1	$329,000	10/23/20	14
AVERAGE				$467,211		18

8 of 19 transactions settled with a Seller Assist:

– 37 Green Valley Road – $5,400

– 2 Hickory Lane – $9,500

– 110 Avonbrook Road – $25,000

– 415 Hawthorne Road – $5,360

– 104 Luckie Lane – $8,650

– 17 Berkshire Drive – $10,000

– 239 Canterbury Drive – $15,000

– 527 Washington Avenue – $5,000

Financing Methods

– Conventional Mortgage – 14 transactions

– Cash – 4 transactions

– FHA Mortgage – 1 transaction

**WALLINGFORD SINGLES SOLD – OCTOBER 2020 – 14 SALES**
Avg Price	Median Price	Low	High	DOM*
$571,679	$526,250	$305,000	$975,000	11

**WALLINGFORD CONDOS SOLD – OCTOBER 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$135,000	$131,750	$128,500	$135,000	12

**WALLINGFORD TWINS SOLD – OCTOBER 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$277,500	$277,500	$265,000	$290,000	84

**WALLINGFORD ROW SOLD – OCTOBER 2020 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$55,000	$55,000	$55,000	$55,000	11

**WALLINGFORD – OCTOBER 2019 VS OCTOBER 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	15	$227,033	40	95.4%	98.0%
2020	19	$467,211	18	99.3%	101.1%
	26.7%	105.8%	-55.0%	3.9%	3.1%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 2020

October 13, 2020 by admin

New Home Construction Underway Along Wallingford Avenue

September 2020 sales were 1 behind last year’s total with 14 closed transactions. The average price came in at $316,718 compared to last year when the average selling price was $388,559. September sales consisted of 11 single family homes, 1 row home, 1 condo, and 1 townhome.

Eleven single family homes sold for an average price of $347,300 and averaged 55 days on the market. Last September 12 single family homes sold for an average price of $421,199 and spent an average of 52 days on the market.

7 Hickory Lane had the highest selling price for the month at $599,900.

Seventeen listings went under contract during the month – 12 single family homes, 3 condos, 1 twin, and 1 townhome with an average asking price of $481,341 and an average of 12 Days On Market.

There are are 15 settlements scheduled in October and 9 in November.

**Wallingford Homes Sold September 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
412 Turner Road	SNG	3	2.1	$478,000	09/09/20	2
26 Mallard Mill Run	TOWN	3	3.1	$350,000	09/10/20	9
836A Putnam Blvd	CONDO	2	1.0	$129,750	09/11/20	26
713 Dover Court	ROW	3	1.0	$134,000	09/14/20	23
300 Dogwood Lane	SNG	4	3.2	$470,000	09/16/20	234
505 Hastings Avenue	SNG	2	1.0	$239,000	09/18/20	34
100 Westminster Drive	SNG	3	1.1	$237,000	09/21/20	78
603 Scott Lane	SNG	4	2.0	$440,500	09/22/20	7
6 Cedar Lane	SNG	4	3.0	$307,800	09/22/20	8
7 Hickory Lane	SNG	5	2.1	$580,000	09/29/20	146
100 Emerald Street	SNG	3	1.1	$321,000	09/30/20	5
210 Cedar Road	SNG	3	2.0	$237,000	09/30/20	18
124 Ronaldson Street	SNG	3	1.1	$290,000	10/01/20	157
700 Avondale Road #5J	CONDO	2	2.0	$128,500	10/02/20	6
AVERAGE				$316,718		47

* DOM = Days On Market

4 of 14 transactions had a Seller Assist:

– 505 Hastings Avenue – $10,000

– 7 Hickory Lane – $2,000

– 26 Mallard Mill Run- $5,000

– 713 Dover Court – $3,000

Financing Methods

– Conventional Mortgage – 8 transactions

– Cash – 5 transactions

– FHA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – SEPTEMBER 2020 – 11 SALES**
Avg Price	Median Price	Low	High	DOM*
$347,300	$321,000	$180,000	$580,000	55

**WALLINGFORD CONDOS – SEPTEMBER 2020 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$129,750	$129,750	$$129,750	$129,750	26

**WALLINGFORD TOWNHOMES – SEPTEMBER 2020 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$350,000	$350,000	$350,000	$350,000	9

**WALLINGFORD ROW HOMES – SEPTEMBER 2019 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$134,000	$134,000	$134,000	$134,000	23

**WALLINGFORD – SEPTEMBER 2019 VS SEPTEMBER 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	15	$388,559	53	93.2%	97.4%
2020	14	$316,718	47	95.1%	97.5%
	-6.7%	-18.5%	-11.3%	1.9%	0.1%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 2020

September 10, 2020 by admin

Avondale Road Flooded By Tropical Storm Isaias

The shift in the typical real estate selling season into the summer due to the pandemic was readily apparent in August as there were 36 closed sales compared to 15 last year. To put that into perspective August has averaged 19 settlements over the past 5 years. Traditionally June has the highest volume of transactions during any given year and this August even surpassed June’s 5 year average of 33 settlements. Many homes often sold with multiple offers, and 20 homes sold in 7 days or less.

The average sales price came in at $361,761 representing a 10.4% decrease compared to last year. The 36 sales were comprised of 24 single family homes, 6 townhomes, 4 condos, and 2 twin homes.

Eighteen single family homes sold for an average price of $493,389 and averaged 40 days on the market. Last July 17 single family homes sold for an average price of $441,147 with an average of 41 days on the market.

The highest selling price for the month was $820,000 for 910 Winding Lane.

Seventeen homes went under contract during the month – 15 single family homes, 1 twin, and 1 condo. The average asking price was $421,712 and these listings averaged 28 days on the market.

Upcoming settlements – 9 in September, 6 in October, and 1 in November.

**Wallingford Homes Sold August 2020**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
513 Bickmore Drive	SNG	3	1.1	$400,000	08/03/20	3
900 Penn Valley Road	SNG	5	2.1	$595,000	08/03/20	100
902 Winding Lane	SNG	4	2.1	$575,000	08/04/20	212
31 Willow Road	SNG	3	1.1	$275,000	08/04/20	11
5 Morgan Lane	SNG	4	2.2	$635,000	08/05/20	8
800 Avondale Road #2H	CONDO	1	1.0	$113,500	08/07/20	3
901 Twyckenham Road	SNG	1	1.0	$570,000	08/07/20	4
519 Scott Lane	SNG	4	1.1	$415,000	08/07/20	35
1332 Putnam Blvd	TOWN	2	2.1	$210,000	08/10/20	61
101 Ridley Drive	SNG	3	1.0	$275,000	08/12/20	4
113 Canterbury Drive	SNG	4	2.1	$410,000	08/13/20	5
1027 Putnam Blvd	TOWN	2	2.1	$209,000	08/14/20	18
1183 Putnam Blvd	TOWN	3	2.1	$245,000	08/14/20	6
408 Sheffield Drive	SNG	4	2.0	$394,900	08/14/20	9
211 Walnut Road	SNG	3	2.0	$268,000	08/14/20	13
310 Beatty Road	SNG	4	3.1	$719,000	08/17/20	6
820 Pleasant Hill Road	SNG	3	2.0	$212,000	08/17/20	13
106 Manchester Road	SNG	3	1.1	$485,000	08/18/20	5
209 Emerald Lane	SNG	3	1.0	$280,209	08/19/20	6
210 Willow Road	SNG	3	1.0	$269,000	08/19/20	3
800 Avondale Road #PH17	CONDO	1	1.0	$129,900	08/19/20	6
604 Allen Lane	SNG	3	1.1	$426,000	08/21/20	6
910 Winding Lane	SNG	3	3.0	$820,000	08/24/20	7
412 Austin Court	TWIN	2	2.0	$130,000	08/24/20	19
707 Devon Lane	SNG	4	2.2	$388,000	08/25/20	50
645 Niblick Lane	TOWN	3	2.1	$305,000	08/25/20	7
10 Green Valley Road	SNG	3	1.1	$384,500	08/26/20	8
800 Avondale Road #PH7	CONDO	2	2.0	$129,500	08/26/20	59
403 Saybrook Lane	TOWN	2	2.1	$160,000	08/27/20	4
118 Willow Road	SNG	3	1.0	$264,000	08/27/20	7
530 W Georgetown Road	SNG	4	2.1	$415,000	08/27/20	4
5 S Chester Road	SNG	3	1.1	$235,000	08/28/20	7
1169 Putnam Blvd	SNG	3	2.1	$235,000	08/28/20	6
908 Penn Valley Road	SNG	5	4.1	$799,000	08/28/20	4
1 Sproul Lane	SNG	4	3.1	$500,000	08/28/20	175
700 Avondale Road #4F	CONDO	2	2.0	$125,000	08/28/20	30
AVERAGE				$361,761		27

* DOM = Days On Market

16 of 36 homes sold with a Seller Assist:

– 513 Bickmore Drive – $3,000

– 900 Penn Valley Road – $10,000

– 31 Willow Road – $1,500

– 902 Winding Lane – $25,000

– 5 Morgan Lane – $3,800

– 901 Twyckenham Road – $5,000

– 101 Ridley Drive – $4,000

– 113 Canterbury Drive – $2,000

– 1027 Putnam Blvd – $6,000

– 408 Sheffield Drive – $7,898

– 10 Green Valley Road – $10,000

– 403 Saybrook Lane – $3,200

– 530 W Georgetown Road – $500

– 1169 Putnam Blvd – $2,000

– 908 Penn Valley Road – $39,000

– 700 Avondale Road #4F – $7,500

Financing Methods

– Conventional Mortgage – 32 transactions

– Cash – 3 transactions

– FHA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – AUGUST 2020 – 24 SALES**
Avg Price	Median Price	Low	High	DOM*
$447,971	$412,500	$212,000	$820,000	29

**WALLINGFORD TOWNHOMES – AUGUST 2020 – 6 SALES**
Avg Price	Median Price	Low	High	DOM*
$227,333	$222,500	$160,000	$305,000	27

**WALLINGFORD CONDOS – AUGUST 2020 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$124,475	$127,250	$113,500	$129,900	25

**WALLINGFORD TWIN HOMES – AUGUST 2020 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$205,105	$205,105	$130,000	$280,209	13

**WALLINGFORD – AUGUST 2019 VS AUGUST 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	15	$402,660	41	94.1%	97.0%
2020	36	$361,761	27	98.9%	99.6%
	140.0%	-10.2%	-34.1%	4.8%	2.6%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 2020

August 8, 2020 by admin

July 2020 finished with 21 closed sales 2 homes shy of last July. The average sales price came in at $466,929 representing a 25.4% increase. The 21 sales were comprised of 18 single family homes and 3 townhomes.

The highest selling price for the month was $711,000 for 507 Wildflower Lane.

Pent up demand led to a buying spree with 34 contract signings during the month – 19 single family homes, 7 townhouses, 5 condos, and 3 twin homes. The average asking price was $328,588 and these listings averaged 33 days on the market.

Upcoming settlements – August – 27, September – 2.

**Wallingford Homes Sold July 2019**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
600 Washington Avenue	SNG	2	1.0	$223,805	07/02/20	27
206 Knoll Road	SNG	4	3.0	$539,000	07/06/20	8
1 Hickory Lane	SNG	3	2.0	$414,000	07/14/20	3
411 Sheffield Drive	SNG	5	3.0	$469,800	07/16/20	56
211 Maple Road	SNG	4	2.0	$350,000	07/17/20	7
403 Burning Tree Road	SNG	3	2.0	$373,500	07/17/20	5
733 S Providence Road	SNG	3	2.1	$248,000	07/20/20	99
907 Twyckenham Road	SNG	4	3.0	$702,000	07/21/20	6
211 Plush Mill Road	SNG	4	2.2	$485,000	07/22/20	4
32 Mallard Mill Run	TOWN	3	2.1	$314,500	07/22/20	18
221 Engle Drive	SNG	4	3.0	$416,000	07/23/20	5
300 Denis Lane	SNG	3	1.1	$340,000	07/23/20	3
199 Woodward Road	SNG	5	4.1	$675,000	07/23/20	4
304 Somerset Place	SNG	3	2.1	$339,900	07/27/20	2
110 Stratford Lane	SNG	4	3.1	$620,000	07/28/20	25
905 Twyckenham Road	SNG	5	3.2	$1,040,000	07/30/20	0
616 Creekside Road	SNG	3	2.1	$399,000	07/30/20	50
365 Saybrook Lane	TOWN	3	2.1	$250,000	07/30/20	34
111 Waterville Road	SNG	5	3.1	$535,000	07/30/20	340
507 Wildflower Lane	SNG	5	3.2	$711,000	07/30/20	68
102 Dundee Mills Lane	TOWN	3	3.1	$360,000	07/31/20	102
AVERAGE				$466,929		41

* DOM = Days On Market

10 of 21 homes sold with a Seller Assist:

– 600 Washington Avenue – $6,714

– 206 Knoll Road – $8,700

– 211 Plush Mill Road – $3,945

– 32 Mallard Mill Run – $1,500

– 199 Woodward Road – $300

– 304 Somerset Place – $1,500

– 110 Stratford Lane – $1,500

– 905 Twyckenham Road – $27,000

– 507 Wildflower Lane- $1,000

– 111 Waterville Road – $5,000

Financing Methods

– Conventional Mortgage – 17 transactions

– Cash – 3 transactions

– VA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – JULY 2020 – 18 SALES**
Avg Price	Median Price	Low	High	DOM*
$493,389	$442,900	$223,805	$1,040,000	40

**WALLINGFORD TOWNHOUSES – JULY 2020 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$308,167	$314,500	$250,000	$360,000	51

**WALLINGFORD – JULY 2019 VS JULY 2020**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2019	23	$372,296	37	97.1%	98.8%
2020	21	$466,929	41	98.2%	99.7%
	-8.7%	25.4%	10.8%	1.1%	0.9%

Wallingford PA Real Estate – Wallingford, PA 19086

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