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

There are 77 homes listed for sale in Wallingford PA and Nether Providence Township on December 1, 2015 with an average asking price of $337,583.

Sales of new single-family homes rose 10.7% in October, finally a major sign that backs up the sentiment from builders that the sector is on the mend. The Commerce Department reported that newly built, single-family homes rose to a seasonally adjusted annual rate of 495,000 units in October.

Wallingford Market Snapshot – 77 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$337,583	$320,000	$77,500	$839,000	130

Single/Twin Market Snapshot – 52 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$411,992	$374,500	$99,900	$839,000	147

Townhouse/Condo Market Snapshot – 25 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$185,812	$175,000	$77,500	$399,900	93

*DOM = Days On Market

1 Wallingford PA home went under contract

3 new listings came onto the market

No listings expired

No listings were withdrawn from the market

23 homes are Under Contract at this time

No Wallingford PA homes sold last week

Wallingford Homes Sold November 23, 2015 To November 29, 2015

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
– No Homes Sold –

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 80 homes listed for sale in Wallingford PA and Nether Providence Township on November 24, 2015 with an average asking price of $349,625.

According to the National Association of Home Builders the standard sized new home has been approximately 1,800 square feet since 2000 – which mostly stayed steady for several years. But lately, the standard new home has swelled to 2,200 square feet. Where is all of that extra space going? Bathrooms.

Wallingford Market Snapshot – 80 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$349,625	$334,500	$91,000	$839,000	132

Single/Twin Market Snapshot – 57 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$413,458	$389,500	$91,000	$839,000	148

Townhouse/Condo Market Snapshot – 23 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$191,430	$179,900	$97,900	$399,900	94

*DOM = Days On Market

1 Wallingford PA home went under contract

2 new listings came onto the market

No listings expired

No listings were withdrawn from the market

25 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold November 16, 2015 To November 22, 2015

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
600 Ryanard Road	4	1.1	$200,000	11/17/15	375
211 Walnut Road	3	2.0	$145,000	11/17/15	57
305 Media Parkway	3	2.0	$229,900	11/18/15	53
AVERAGE			$191,633		162

*DOM = Days On Market

– 305 Media Parkway sold with a $8,500 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 79 homes listed for sale in Wallingford PA and Nether Providence Township on November 17, 2015 with an average asking price of $356,734.

Home sellers in the United States overall have about $40,000 in equity in their property, a median 23% gain from their time of purchase.

One group of home sellers is faring much worse than everyone else when measuring the amount of equity that they have in their homes, according to new data from the National Association of Realtors.

Those who bought their homes 8 to 10 years ago — 2005 to 2007, at the height of the real estate bubble — have gained almost no equity in that time, an average of just $3,000 or 1%, said Jessica Lautz, the NAR’s managing director of survey research and communication.

Wallingford Market Snapshot – 79 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$356,734	$339,000	$91,000	$839,000	123

Single/Twin Market Snapshot – 58 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$415,291	$389,500	$91,000	$839,000	133

Townhouse/Condo Market Snapshot – 21 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$195,005	$179,900	$99,000	$399,900	95

*DOM = Days On Market

3 Wallingford PA homes went under contract

2 new listings came onto the market

No listings expired

No listings were withdrawn from the market

27 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold November 9, 2015 To November 15, 2015

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
4 Fairhill Road	3	1.1	$350,000	11/09/15	38
AVERAGE			$350,000		38

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 78 homes listed for sale in Wallingford PA and Nether Providence Township on November 10, 2015 with an average asking price of $359,671.

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

Wallingford Market Snapshot – 78 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$359,671	$339,250	$91,000	$839,000	125

Single/Twin Market Snapshot – 57 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$420,127	$389,500	$91,000	$839,000	139

Townhouse/Condo Market Snapshot – 21 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$195,576	$179,900	$99,000	$399,900	88

*DOM = Days On Market

4 Wallingford PA homes went under contract

5 new listings came onto the market

No listings expired

2 listings were withdrawn from the market

26 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold November 2, 2015 To November 8, 2015

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
233 Canterbury Drive	4	3.0	$346,000	11/05/15	31
AVERAGE			$346,000		31

*DOM = Days On Market

233 Canterbury sold with a $250 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 84 homes listed for sale in Wallingford PA and Nether Providence Township on November 3, 2015 with an average asking price of $352,522.

A new three-year economic forecast for real estate from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate predicts favorable conditions for the housing market over the next 3 years.

According to the report, experts believe single-family housing starts will increase to 745,000 in 2015, 842,000 in 2016, and 900,000 in 2017, but continue to remain below the 20-year average. Home price increases are predicted to grow to 5% in 2015, 4.3% in 2016, and 3.9% in 2017.

Wallingford Market Snapshot – 84 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$352,522	$337,750	$85,000	$839,000	127

Single/Twin Market Snapshot – 63 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$409,997	$373,000	$91,000	$839,000	133

Townhouse/Condo Market Snapshot – 21 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$180,095	$179,900	$85,000	$399,900	107

*DOM = Days On Market

3 Wallingford PA homes went under contract

3 new listings came onto the market

1 listing expired

1 listing was withdrawn from the market

21 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold October 26, 2015 To November 1, 2015

ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
210 Grandview Road	3	1.1	$300,000	10/28/15	138
210 Wisteria Lane	4	4.1	$685,000	10/28/15	1
39 Green Valley Road	3	1.1	$347,450	10/30/15	43
AVERAGE			$444,150		61

*DOM = Days On Market

2 homes sold with a Seller Assist

– 210 Wisteria Lane – $5,000

– 39 Green Valley Road – $2,500

Wallingford PA Real Estate – Wallingford, PA 19086