Delaware County

Wallingford PA Real Estate – May 2024

June 4, 2024 by admin

Spring Visitor

The average sales price in May 2024 was $675,942 which represents a 22.7% increase compared to last year. May’s 16 sales consisted of 12 single family homes, 2 townhomes, 1 condo, and 1 twin.

There were 12 single family homes sold in May with an average price of $570,045, a price that is over $241K higher than last year’s average. Singles averaged 23 days on the market.

The highest selling price for the month was $1,850,000 for 401-403 Rogers Lane.

A total of 17 homes went under contract during May with an average asking price of $590,418 – 13 single family homes, 2 condos, 1 twin, and 1 townhome.

There are 17 settlements scheduled in June, 2 in July, and 1 in August.

For the first 5 months of the year sales slightly behind last year’s pace with compared to 2023’s first 5 months with 59 closed transactions versus 57 during the first 5 months of last year. The average sales price has increased 21.1% compared to last year with an average sales price of $526,703. Average days on market came in at 21

**Wallingford Homes Sold May 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
820 Parkridge Drive	SNG	3	2.1	$540,000	05/03/24	14
401-403 Rogers Lane	SNG	7	6.1	$1,850,000	05/03/24	4
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
7 Sharpless Lane	SNG	4	2.1	$601,000	05/15/24	5
700 Dover Court	TWIN	2	1.0	$213,700	05/16/24	6
415 Albany Court	SNG	4	2.1	$605,000	05/16/24	172
449 Saybrook Lane	TOWN	2	2.1	$257,000	05/17/24	3
204 Hempstead Lane	SNG	5	4.1	$1,200,000	05/20/24	35
601 Bickmore Drive	SNG	3	1.1	$380,000	05/21/24	1
300 Beech Road	SNG	4	2.1	$650,000	05/21/24	3
412 Hidden Valley Road	SNG	4	3.2	$975,000	05/31/24	13
AVERAGE				$675,942		18

* DOM = Days On Market

2 of 16 homes sold with a Seller Assist:

– 15 Brookside Road – $3,000

– 415 Albany Court – $6,560

Financing Methods

– Conventional Mortgage – 13 transactions

– Cash – 3 transactions

**WALLINGFORD SINGLE HOMES SOLD – MAY 2024 – 12 SALES**
Avg Price	Median Price	Low	High	DOM*
$811,083	$653,500	$380,000	$1,850,000	23

**WALLINGFORD CONDOS SOLD – MAY 2024 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$226,000	$226,000	$226,000	$226,000	3

**WALLINGFORD TWINS SOLD – MAY 2024 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$213,700	$213,700	$213,700	$213,700	6

**WALLINGFORD TOWNHOUSES SOLD – MAY 2024 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$321,188	$321,188	$257,000	$385,375	4

**WALLINGFORD – MAY 2023 VS MAY 2024**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2023	21	$551,027	28	105.5%	104.9%
2024	16	$675,942	18	101.3%	102.9%
	-23.8%	22.7%	-35.7%	-4.2%	-2.0%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 27, 2024 To June 2, 2024

June 4, 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 13 homes listed for sale – 9 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 4, 2024 with an average asking price of $424,554.

It’s no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According to a recent analysis by Clever Real Estate, the median household can only afford the typical home in four states: West Virginia, Ohio, Iowa and Indiana.

The latest homeowner affordability data is based on the latest interest rates (7.22%) and a 20% down payment – excluding Alaska and Vermont.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 13 Listings
*9 – Active 4- Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$424,554	$375,000	$195,000	$849,000	41

Single Home Market Snapshot – 9 Listings
*7 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$477,256	$510,000	$250,000	$849,900	49

Condo Market Snapshot -1 Listings
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$350,000	$350,000	$350,000	$350,000	78

Twin Market Snapshot -2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$297,000	$297,000	$195,000	$399,000	8

Towbhouse Market Snapshot -1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$279,900	$279,900	$279,900	$279,900	2

3 Wallingford PA homes went under contract

4 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 May 27, 2024 To June 2, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
412 Hidden Valley Road	SNG	4	3.2	$975,000	05/31/24	13
AVERAGE				$975,000		13

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – May 20, 2024 To May 26, 2024

May 28, 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 – 7 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on May 28, 2024 with an average asking price of $510,029.

Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home prices elevated. That’s why U.S. homeowners now have a record $11 trillion in tappable equity as of March, according to the May ICE Mortgage Monitor Report.

Based on the company’s mortgage, real estate and public records data sets, the ICE report also found that homeowners have a record $16.9 trillion in equity, with $11 trillion of that considered “tappable.” That translates to an average of $206,000 per borrower with tappable equity, up significantly from $185,000 a year ago.

“Tappable” equity refers to the portion of a borrower’s home value they can access in cash while still maintaining a 20% equity share in their property.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 14 Listings
*7 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$510,029	$405,000	$195,000	$1,225,000	37

Single Home Market Snapshot – 10 Listings
*5 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$591,040	$520,750	$319,900	$1,225,000	38

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$305,000	$305,000	$260,000	$350,000	64

Twin Market Snapshot -2 Listings
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$310,000	$310,000	$195,000	$425,000	5

3 Wallingford PA home went under contract

4 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

21 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold May 20, 2024 To May 26, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
204 Hempstead Lane	SNG	5	4.1	$1,200,000	05/20/24	35
601 Bickmore Drive	SNG	3	1.1	$380,000	05/21/24	1
300 Beech Road	SNG	4	2.1	$650,000	05/21/24	3
AVERAGE				$743,333		13

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

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S. Clark Kendus