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

There are 13 homes listed for sale – 7 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 23, 2024 with an average asking price of $564,966.

Mortgage rates have dropped to their lowest level since May 2023. The 30 year fixed rate mortgage averaged 6.6% as of January 18 according to Freddie Mac.

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Wallingford Market Snapshot – 13 Listings
7 – Active  6 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$564,966	$530,000	$261,960	$895,000	48

Single Home Market Snapshot – 11 Listings
7 – Active  4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$614,791	$629,000	$350,000	$895,000	47

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$319,900	$319,900	$319,900	$319,900	59

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$261,960	$261,960	$261,960	$261,960	47

4 Wallingford PA homes went under contract

1 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

15 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold January 15, 2024 To January 21, 2024

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1154 Putnam Blvd	TOWN	2	2.2	$290,000	01/19/24	8
AVERAGE				$290,000		8

1154 Putnam Blvd 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 16 homes listed for sale – 9 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on January 16, 2024 with an average asking price of $537,454.

A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a “significant shift” in expectations that could free homeowners from the so-called “lock-in effect.”

The lock in effect is the disincentive for existing homeowners to sell their homes because their current mortgage rate is well below current market.

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 16 Listings
9 – Active  7 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$537,454	$514,950	$261,960	$895,000	46

Single Home Market Snapshot – 11 Listings
7 – Active 4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$614,782	$629,000	$350,000	$895,000	43

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$364,900	$364,900	$319,900	$409,900	58

Townhouse Market Snapshot – 3 Listings
1 -Active   2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$368,953	$299,900	$261,960	$545,000	49

3 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

12 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold January 8, 2024 To January 14, 2024

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1023 Putnam Blvd	TOWN	2	2.1	$305,000	01/08/24	11
995 Putnam Blvd	TOWN	2	2.1	$282,122	01/12/24	6
415 New Jersey Avenue	TOWN	3	1.0	$215,000	01/12/24	90
AVERAGE				$267,374		36

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 January 9, 2024 with an average asking price of $537,454.

In 2023, homebuyers were largely met with tight inventory, surging interest rates, and record-high prices. But, according to experts, 2024 may be turning over a new – and better – leaf.

“The worst in home sales is over. The worst in housing affordability is over. This year will be a year of home sales recovery,” Lawrence Yun, chief economist at the National Association of Realtors, told FOX Television Stations. 

According to data mortgage rates continue to drop to more manageable levels for homebuyers, declining for nine consecutive weeks and potentially dropping further in 2024

View all Homes Listed In The Last 7 Days

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$537,454	$514,950	$261,960	$895,000	42

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$614,782	$629,000	$350,000	$895,000	39

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$364,900	$364,900	$319,900	$409,900	54

Townhouse Market Snapshot – 3 Listings
1 -Active   2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$368,953	$299,900	$261,960	$545,000	47

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

11 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold January 1, 2024 To January 7, 2024

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
703 Oxford Lane	SNG	4	2.1	$560,000	01/05/24	5
AVERAGE				$560,000		5

Wallingford PA Real Estate – Wallingford, PA 19086