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

There are 27 homes listed for sale – 21 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 29, 2022 with an average asking price of $439,444.

The National Association of REALTORS® reported that home prices continued to rise in the third quarter of 2022. Forty-six percent of the metro markets posted double-digit annual price appreciation this quarter compared to 80% in the previous quarter. National median prices rose 8.6% year over year to $398,500. While median home prices rose by 8.6%, year-over-year price appreciation decelerated compared to the previous quarter’s 14.2%.

This quarter’s monthly mortgage payments on a single-family home increased to $1,840 compared to $1,226 from a year ago. Qualifying median family incomes rose to $88,331 compared to the second quarter of 2022, which was $88,200, and $58,826 a year ago. The effective 30-year fixed mortgage rate increased to 5.65% in the third quarter of 2022 compared to 2.92% one year ago.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 27 Listings
21 – Active  6 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$439,444	$350,000	$164,900	$1,400,000	67

Single Home Market Snapshot – 19 Listings
14- Active   5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$523,137	$425,000	$265,000	$1,400,000	76

Condo Market Snapshot – 3 Listings
3 – Active   No  Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	29

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$320,000	$320,000	$315,000	$325,000	6

Twin Market Snapshot – 3 Listings
3 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$253,666	$255,000	$215,999	$290,000	89

1 Wallingford PA home went under contract

1 new listing came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

26 homes are Under Contract at this time

2 Wallingford PA home sold last week

Wallingford Homes Sold November 21 2022 To November 27, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
211 Engle Drive	SNG	3	1.1	$481,000	11/23/22	6
109 Waterville Road	SNG	3	2.0	$400,000	11/23/22	99
AVERAGE				$440,500		53

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 34 homes listed for sale – 25 Active listings and 9 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 16, 2022 with an average asking price of $439,226.

While elevated mortgage rates, sluggish home sales, and high inflation have taken a significant toll on the housing industry it is unlikely that these issues will cause prices to drop next year, according to the National Association of Realtors (NAR) chief economist Lawrence Yun.

In fact it is anticipated that the market will see a further uptick in home prices, even if mortgage rates stay near or at 7%.

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Wallingford Market Snapshot – 34 Listings
25 – Active  9 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$439,226	$350,000	$165,000	$1,400,000	61

Single Home Market Snapshot – 25 Listings
18- Active   7 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$508,872	$425,000	$265,000	$1,400,000	68

Condo Market Snapshot – 4 Listings
3 – Active   1 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$181,975	$181,500	$165,000	$199,900	26

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$325,000	$325,000	$325,000	$325,000	8

Twin Market Snapshot – 4 Listings
3 – Active    1 – No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,750	$292,500	$255,000	$319,000	68

2 Wallingford PA homes went under contract

4 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

2 listings expired

22 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold November 7, 2022 To November 13, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
780 Pennsylvania Avenue	TWIN	3	1.0	$150,000	11/10/22	2
AVERAGE				$150,000		2

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 30 homes listed for sale – 25 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 1, 2022 with an average asking price of $441,412.

“Persistent inflation has proven quite harmful to the housing market,” said NAR Chief Economist Lawrence Yun. “The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 30 Listings
25 – Active  5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$441,412	$359,950	$185,000	$1,400,000	63

Single Home Market Snapshot – 23 Listings
19 – Active   4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$498,752	$482,000	$230,000	$1,400,000	70

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$194,300	$198,000	$185,000	$199,900	22

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$297,043	$305,000	$259,173	$319,000	58

4 Wallingford PA homes went under contract

3 new listings came onto the market 

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

31 homes are Under Contract at this time

5 Wallingford PA homes sold last week

Wallingford Homes Sold October 24, 2022 To October 30, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
216 Emerald Lane	TWIN	3	1.0	$200,000	10/26/22	5
1014 S Providence Road	SNG	3	2.1	$315,000	10/26/22	21
700 Avondale Road PH10	CONDO	2	2.0	$250,000	10/27/22	16
711 Washington Avenue	SNG	3	1.1	$400,000	10/28/22	6
222 Moore Road	SNG	3	1.1	$495,000	10/28/22	32
AVERAGE				$307,500		16

No homes 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 30 homes listed for sale – 24 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 25, 2022 with an average asking price of $436,022.

NAR released a summary of existing-home sales data showing that housing market activity this September fell 1.5% from August 2022. September’s existing-home sales reached a 4.71 million seasonally adjusted annual rate. September’s sales of existing homes declined 23.8% from September 2021.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 30 Listings
24 – Active  6 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$436,022	$357,500	$161,900	$1,400,000	59

Single Home Market Snapshot – 22 Listings
18 – Active   4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$506,673	$435,000	$230,000	$1,400,000	67

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$319,000	$319,000	$319,000	$319,00	5

Condo Market Snapshot – 4 Listings
2 – Active    2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$186,200	$191,500	$161,900	$199,900	19

Twin Market Snapshot – 3 Listings
3 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,724	$295,000	$259,173	$315,000	69

3 Wallingford PA homes went under contract

5 new listings came onto the market 

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

32 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold October 17, 2022 To October 23, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
700 Raleigh Court	TOWN	3	1.0	$170,000	10/17/22	25
111 Harvey Road	SNG	3	2.0	$425,000	10/18/22	2
AVERAGE				$297,500		14

111 Harvey Road sold with a $8,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086