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

There are 13 homes listed for sale – 8 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 3, 2023  with an average asking price of $455,185.

Some key data points relating to November sales from a recent National Association Of Realtors survey of members

• First-time buyers represented 28% of buyers, unchanged from one month and up slightly from one year ago
• 26% of buyers were all-cash sales, nearly unchanged from 26% last month and 24% in November 2021
• 61% of respondents reported properties sold in less than one month. This is down from 64% a month ago and 83% in November 2021
• Homes listed received an average of 2.3 offers, nearly flat from October 2022 when it was 2.4 and down from 3.8 in November 2021

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 13 Listings
8 – Active  5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$455,185	$335,000	$164,900	$1,400,000	106

Single Home Market Snapshot – 9 Listings
6 – Active   3 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$570,889	$350,000	$265,000	$1,400,000	115

Condo Market Snapshot – 3 Listings
2 – Active   1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	46

Twin Market Snapshot – 1 Listing
1 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$255,000	$255,000	$255,000	$255,000	207

No Wallingford PA homes went under contract

No new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

19 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold December 26, 2022 To January 1, 2023

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
321 S Providence Road	SNG	3	2.0	$315,000	12/28/22	15
114 Turner Road	SNG	3	1.1	$375,000	12/30/22	3
AVERAGE				$345,000		9

321 S Providence Road sold with a $10,850 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 16 homes listed for sale – 11 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 27, 2022 with an average asking price of $436,400.

The housing slowdown continued in November as sales of previously occupied homes slowed for the 10th consecutive month – the longest such stretch on record dating back to 1999.

November was a particularly bad month with sales plunging 35.4% from November of 2021. Annual sales are now at their lowest pace since November 2010 when the housing market was mired in the aftermath of the housing crisis of 2008.

On a local comparison November sales in Wallingford were actually up 50% over last year, however prices declined 18% year over year.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 16 Listings
11 – Active  5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$436,400	$432,500	$164,900	$1,400,000	107

Single Home Market Snapshot – 11 Listings
8 – Active   3 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$537,545	$350,000	$265,000	$1,400,000	116

Condo Market Snapshot – 3 Listings
1 – Active   2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	43

Twin Market Snapshot – 2 Listings
2 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$272,500	$272,500	$255,000	$290,000	156

1 Wallingford PA home went under contract

No new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

21 homes are Under Contract at this time

3 Wallingford PA home sold last week

Wallingford Homes Sold December 19, 2022 To December 25, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
124 Ronaldson Street	TWIN	3	2.1	$370,000	12/21/22	3
700 Avondale Road #4H	CONDO	1	2.0	$165,000	12/21/22	66
105 Ridley Drive	SNG	3	1.1	$330,000	12/22/22	120
AVERAGE				$283,333		63

No home sold with a 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 17 homes listed for sale – 11 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 20, 2022 with an average asking price of $432,494.

“We believe mortgage rates have peaked and we are on the downward, but we will not get back to 3% any time soon. We are expecting around 5.5% this time next year.” – Dr. Lawrence Yun = Chief Economist – National Association of Realtors.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 17 Listings
11 – Active  6 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$432,494	$350,000	$164,900	$1,400,000	96

Single Home Market Snapshot – 11 Listings
8 – Active   3 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$537,545	$350,000	$265,000	$1,400,000	111

Condo Market Snapshot – 3 Listings
1 – Active   2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	41

Twin Market Snapshot – 3 Listings
2 – Active    1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$305,000	$290,000	$255,000	$370,000	100

No Wallingford PA homes went under contract

No new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

24 homes are Under Contract at this time

2 Wallingford PA home sold last week

Wallingford Homes Sold December 12, 2022 To December 18, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
310 Henry Lane	SNG	4	2.0	$610,000	12/14/22	6
617 Niblick Lane	TOWN	3	2.1	$332,600	12/16/22	9
AVERAGE				$471,300		8

Neither home sold with a 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 21 homes listed for sale – 13 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 13, 2022 with an average asking price of $418,686.

The National Association of Realtors predicts that 4.78 million existing homes will be sold next year, down 6.8% from 5.13 million in 2022.

Annual median home prices are expected to increase by just 0.3%, following a 9.6% gain in 2022.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 21 Listings
13 – Active  8 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$418,686	$350,000	$164,900	$1,400,000	77

Single Home Market Snapshot – 13 Listings
9 – Active   4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$516,385	$375,000	$265,000	$1,400,000	92

Condo Market Snapshot – 3 Listings
1 – Active   2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	39

Townhouse Market Snapshot – 2 Listings
1 – Active   1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$320,000	$320,000	$315,000	$325,000	13

Twin Market Snapshot – 3 Listings
2 – Active    1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$305,000	$290,000	$255,000	$370,000	95

4 Wallingford PA homes went under contract

No new listings came onto the market

2 listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

25 homes are Under Contract at this time

4 Wallingford PA home sold last week

Wallingford Homes Sold December 5, 2022 To December 11, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
622 Wiltshire Drive	TWIN	3	2.1	$301,000	12/05/22	12
1167 Putnam Blvd #607	CONDO	1	1.0	$155,000	12/05/22	106
104 Sackville Mills Lane	SNG	3	2.1	$489,000	12/06/22	6
312 Media Parkway	SNG	3	2.0	$329,500	12/08/22	10
AVERAGE				$313,750		34

104 Sackville Mills Lane sold with a $1,000 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 24 homes listed for sale – 19 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 6, 2022 with an average asking price of $407,504.

For a third consecutive week mortgage rates have gone lower after crossing the 7% threshold for the first time in two decades. The average rate on a 30 year fixed mortgage is now 6.49%.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 24 Listings
19 – Active  5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,504	$342,500	$164,900	$1,400,000	73

Single Home Market Snapshot – 15 Listings
13- Active   2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$498,980	$375,000	$180,000	$1,400,000	89

Condo Market Snapshot – 3 Listings
2 – Active   1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	35

Townhouse Market Snapshot – 2 Listings
1 – Active   1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$320,000	$320,000	$315,000	$325,000	9

Twin Market Snapshot – 4 Listings
4 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$282,750	$272,500	$215,999	$370,000	73

6 Wallingford PA homes went under contract

4 new listings came onto the market

2 listings were withdrawn from the market

No listings were temporarily taken off the market

1 listing expired

24 homes are Under Contract at this time

6 Wallingford PA home sold last week

Wallingford Homes Sold November 28, 2022 To December 04, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1044 Putnam Blvd	TOWN	2	2.1	$296,000	11/29/22	6
600 Pine Ridge Road	SNG	3	2.0	$505,000	11/29/22	11
801 Pleasant Hill Road	SNG	3	2.1	$330,000	11/30/22	15
1208 Sackville Mills Lane	TOWN	4	3.1	$495,000	11/30/22	6
1167 Putnam Blvd	TOWN	3	2.1	$318,000	11/30/22	5
820 Pleasant Hill Road	SNG	3	2.0	$465,000	12/02/22	4
AVERAGE				$401,500		8

600 Pine Ridge Road sold with a $10,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086