Clark Kendus – Page 6

Wallingford PA Real Estate – May 6, 2024 To May 12, 2024

May 14, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 14 homes listed for sale – 8 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on May 14, 2024 with an average asking price of $643,057.

The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks – 93% – posted year-over-year price increases in the first quarter of 2024.

The top 10 metro areas with the largest year-over-year median price increases, which can be influenced by the types of homes sold during the quarter, all registered gains of at least 18.2%.

Compared to one year ago, the national median single-family existing-home price climbed 5% to $389,400. In the prior quarter, the year-over-year national median price increased 3.4%.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 14 Listings
*8 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$643,057	$612,500	$260,000	$1,225,000	65

Single Home Market Snapshot – 11 Listings
*6 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$716,082	$629,000	$425,000	$1,225,000	72

Condo Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$333,300	$350,000	$260,000	$389,900	40

1 Wallingford PA home went under contract

2 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

16 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold May 6, 2024 To May 12, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
207 Cooper Drive	SNG	5	3.0	$700,000	05/07/24	4
15 Brookside Road	SNG	4	4.1	$990,000	05/08/24	6
202 Winterloch Way	SNG	4	2.1	$585,000	05/10/24	5
852B Putnam Blvd	CONDO	2	2.0	$226,000	05/10/24	3
1115 Putnam Blvd	TOWN	3	2.2	$385,375	05/10/24	5
722 Beechwood Road	SNG	3	2.0	$657,000	05/10/24	8
AVERAGE				$590,563		5

15 Brookside Road sold with a $3,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 2024

May 10, 2024 by admin

Family Of Geese Along Crum Creek

April recorded 17 closed transactions, 4 more transactions than last April’s total. The average sales price rose dramatically 42.0% to $526,318. Homes averaged just 8 days on the market before going under contract.

Eleven single family homes sold for an average price of $666,673 during the month and averaged 9 Days On Market. Last April 7 single family homes sold for an average price of $525,643.

402 Moylan Road had the highest selling price for the month at $1,350,000.

Buyers signed contracts for 16 homes during April, 11 singles, 3 townhouses, 1 twin, and 1 condo – with an average asking price of $584,813 and an average of 31 Days On Market.

Future settlements – 9 in May and 5 in June

After the first 4 months of 2023 a total of just 43 homes have sold falling behind last year’s pace by 3 homes. The average sales price has risen $88,529 to $471,173 from last year when it stood at $382,644 representing a 23.1% increase.

**Wallingford PA Closed Transactions April 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
727 Pine Ridge Road	SNG	3	2.1	$795,000	04/01/24	4
703 Columbus Court	ROW	2	1.0	$130,000	04/03/24	3
404 Laurel Lane	SNG	4	2.1	$643,000	04/04/24	3
860 Parkridge Drive	SNG	4	2.1	$652,000	04/04/24	5
309 W Rose Valley Road	SNG	3	1.0	$375,000	04/05/24	7
112 Dundee Mills Lane	TOWN	4	3.1	$585,000	04/05/24	4
804B Putnam Blvd	CONDO	2	1.0	$210,000	04/10/24	3
608 Wallingford Avenue	TWIN	4	1.0	$280,000	04/15/24	19
402 Moylan Avenue	SNG	6	3.1	$1,350,000	04/16/24	23
517 Manchester Avenue	SNG	3	1.1	$395,000	04/17/24	23
500 Scott Lane	SNG	5	2.1	$643,500	04/19/24	4
206 Grandview Road	SNG	3	1.1	$562,000	04/23/24	5
235 Canterbury Drive	SNG	4	3.1	$571,900	04/23/24	13
704 Concord Court	ROW	3	1.0	$215,000	04/26/24	4
3 Purdy Lane	SNG	4	2.2	$735,000	04/26/24	12
332 Crestview Circle	SNG	4	2.1	$600,000	04/29/24	4
812A Putnam Blvd	CONDO	2	1.0	$205,000	04/30/24	4
AVERAGE				$525,318		8

* DOM = Days On Market

4 of 17 transactions had a Seller Assist:

– 402 Moylan Avenue – $6,000

– 500 Scott Lane – $6,430

– 235 Canterbury Drive – $7,575

– 3 Purdy Lane – $3,500

Financing Methods

– Conventional Mortgage – 10 transactions

– Cash – 6 transactions

– VA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – APRIL 2024 – 11 SALES**
Avg Price	Median Price	Low	High	DOM*
$666,673	$643,000	$375,000	$1,350,000	9

**WALLINGFORD TOWNHOUSES- APRIL 2024 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$310,000	$215,000	$130,000	$585,000	4

**WALLINGFORD CONDOS – APRIL 2024 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$207,500	$207,500	$205,000	$210,000	4

**WALLINGFORD TWINS – APRIL 2024 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$280,000	$280,000	$280,000	$280,000	19

**WALLINGFORD – APRIL 2023 VS APRIL 2024**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2023	13	$370,905	18	97.1%	98.7%
2024	17	$526,318	8	100.7%	100.6%
	24.0%	42.0%	-55.5%	3.6%	1.9%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 22, 2024 To April 28, 2024

April 30, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 18 homes listed for sale – 10 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 30, 2024 with an average asking price of $683,439.

After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last week’s average of 7.10%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday.

This week’s numbers:

The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week when it averaged 7.10%. A year ago at this time, the 30-year FRM averaged 6.43%.
The 15-year FRM averaged 6.44%, up from last week when it averaged 6.39%. A year ago at this time, the 15-year FRM averaged 5.71%.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 18 Listings
*10 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$683,439	$627,000	$260,000	$1,400,000	54

Single Home Market Snapshot – 15 Listings
*8 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$754,460	$649,000	$265,000	$1,400,000	58

Condo Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$305,000	$305,000	$260,000	$350,000	49

Townhouse Market Snapshot – 1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$375,000	$375,000	$375,000	$375,000	5

3 Wallingford PA homes 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

20 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold April 22, 2024 To April 28, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
206 Grandview Road	SNG	3	1.1	$562,000	04/23/24	5
235 Canterbury Drive	SNG	4	3.1	$571,900	04/23/24	13
704 Concord Court	ROW	3	1.0	$215,000	04/26/24	4
3 Purdy Lane	SNG	4	2.2	$735,000	04/26/24	12
AVERAGE				$520,975		9

2 homes sold with a Seller Assist

– 235 Canterbury Drive – $7,575

– 3 Purdy Lane – $3,500

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 15, 2024 To April 21, 2024

April 23, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 19 homes listed for sale – 9 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 23, 2024 with an average asking price of $661,942.

After a promising start to the year, existing-home sales declined 4.3% in March, to a seasonally adjusted annual rate of 4.19 million, according to the latest report from the National Association of REALTORS® (NAR). This represents a 3.7% decline year-over-year (in March 2023, home sales were 4.35 million).

After dropping to the lowest level in 30 years in December 2023, January 2024 offered a rebound – with existing-home sales continuing to surge in February.

Continuing a nine-month streak of price gains, the median home price was $393,500. This is 4.8% higher than March 2023 ($375,300) and, according to NAR, the highest median price ever for the month of March.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 19 Listings
*9 – Active 10 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$661,942	$625,000	$270,000	$1,400,000	49

Single Home Market Snapshot – 16 Listings
*7 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$723,869	$639,000	$275,000	$1,400,000	53

Condo Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$310,000	$310,000	$270,000	$350,000	42

Townhouse Market Snapshot – 1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$375,000	$375,000	$375,000	$375,000	5

4 Wallingford PA homes went under contract

2 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

No listings expired

24 homes are Under Contract at this time

3 Wallingford PA home sold last week

**Wallingford Homes Sold April 15, 2024 To April 21, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
608 Wallingford Avenue	TWIN	4	1.0	$280,000	04/15/24	19
402 Moylan Avenue	SNG	6	3.1	$1,350,000	04/16/24	23
517 Manchester Avenue	SNG	3	1.1	$395,000	04/17/24	23
AVERAGE				$675,000		22

402 Moylan Avenue sold with a $6,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 8, 2024 To April 14, 2024

April 16, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 21 homes listed for sale – 11 Active listings and 10 Active Under Contract listing – in Wallingford PA and Nether Providence Township on April 16, 2024 with an average asking price of $640,276.

Home prices have been the bane of the real estate news cycle for a while now, bringing a damper on the home-buying market. However, recent data shows that home prices really might not have kept buyers out as much as was thought.

A new report from LendingTree found that from 2012 to 2022 homeownership rates have increased 108 basis points in the nation’s 50 largest metros. To get more specific from 2019 to 2022 alone homeownership rates increased by 93 basis points.

As of 2022, LendingTree’s report found that almost 43.5 million of the 70.4 million occupied housing units in the nation’s 50 largest metros were owner-occupied. The overall homeownership rate across these metros is 61.72%.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 21 Listings
*12 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$640,276	$625,000	$199,900	$1,400,000	41

Single Home Market Snapshot – 17 Listings
*8 – Active 9- Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$720,641	$629,000	$275,000	$1,400,000	47

Condo Market Snapshot – 3 Listings
*3- Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$273,300	$270,000	$199,900	$350,000	24

Townhouse Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$375,000	$375,000	$375,000	$375,000	5

6 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

23 homes are Under Contract at this time

1 Wallingford PA home sold last week

**Wallingford Homes Sold April 8, 2024 To April 14, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
804B Putnam Blvd	CONDO	2	1.0	$210,000	04/10/24	3
AVERAGE				$210,000		3

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus