Nether Providence Real estate

Wallingford PA Real Estate – December 19, 2022 To December 25, 2022

December 27, 2022 by admin

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No listings were withdrawn from the market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

Wallingford PA Real Estate – December 12, 2022 To December 18, 2022

December 20, 2022 by admin

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

Wallingford PA Real Estate – December 5, 2022 To December 11, 2022

December 13, 2022 by admin

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.

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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

Wallingford PA Real Estate – November 2022

December 7, 2022 by admin

Christmas At Longwood Gardens 2022

November home sales in Wallingford PA increased by 6 homes compared to last year with with 18 closed transactions. The average selling price decreased 18.0% over last year to $368,359. Sales consisted of 8 single family homes, 5 townhouses, 4 condos, and 1 twin home. The decrease in average price and be attributed largely to a much lower average selling price for single homes and a rise in condo sales when compared to last year.

November’s 8 single family homes sold for an average price of $438,613 and averaged 33 days on the market. Last November there were 14 single family home sales that sold for an average price of $571,286 and spent an average of 19 days on the market.

28 Brookside Road had the highest selling price for the month at $800,000.

With 1 month remaining in the year 2022 sales are dead even of the results of 2021 for the same time period. Year to date in 2022 there have been 208 closed transactions – the same as last year’s tally. The average selling price has seen a modest increase of 3.4% over last’s year’s $415,096 – to $429,153 in 2022.

Ten listings went under contract during the month – 8 single family homes, 1 townhouse, and 1 condo – with an average asking price of $425,240 and averaged 27 Days On Market.

There are 21 settlements scheduled – 15 in December, 5 in January, and 1 in February.

**Wallingford Homes Sold November 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
102 Cedar Road	SNG	3	1.0	$319,900	11/01/22	4
444 Washington Avenue	SNG	2	1.0	$230,000	11/02/22	7
28 Brookside Road	SNG	4	3.1	$875,000	11/03/22	56
205 Governors Drive	SNG	4	2.1	$443,000	11/03/22	64
742B Putnam Blvd	CONDO	2	1.0	$150,000	11/03/22	1
780 Pennsylvania Avenue	TWIN	3	1.0	$150,000	11/10/22	2
1000 Putnam Blvd #505	CONDO	3	1.0	$215,000	11/14/22	7
901 Putnam Blvd	TOWN	3	1.0	$320,000	11/18/22	6
514 South Media Way #11U	TOWN	3	1.0	$621,315	11/18/22	1
512 South Media Way	TOWN	3	1.0	$356,340	11/18/22	1
852B Putnam Blvd	CONDO	2	1.1	$199,900	11/22/22	12
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
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
208 Sackville Mills Lane	TOWN	4	3.1	$495,000	11/30/22	6
1167 Putnam Blvd	SNG	3	2.1	$318,000	11/30/22	5
AVERAGE				$368,359		17

* DOM = Days On Market

2 of 18 transactions had a Seller Assist:

– 444 Washington Avenue – $6,900

– 606 Pine Ridge Road – $10,000

– Financing Methods

– Conventional Mortgage – 10 transactions

– Cash – 8 transactions

**WALLINGFORD SINGLE HOMES – NOVEMBER 2022 – 8 SALES**
Avg Price	Median Price	Low	High	DOM*
$438,613	$421,500	$230,000	$800,000	33

**WALLINGFORD TOWNHOUSES – NOVEMBER 2022 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$410,063	$320,000	$296,000	$621,315	5

**WALLINGFORD CONDOS – NOVEMBER 2022 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$230,310	$207,450	$150,000	$356,340	5

**WALLINGFORD TWINS – NOVEMBER 2022 -1 SALE**
Avg Price	Median Price	Low	High	DOM*
$150,000	$150,000	$150,000	$150,000	2

**WALLINGFORD – NOVEMBER 2021 VS NOVEMBER 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	12	$449,231	20	98.7%	99.1%
2022	18	$368,359	17	99.6%	99.2%
	50.0%	-18.0%	-15.0%	0.9%	0.1%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – November 28, 2022 To December 4, 2022

December 6, 2022 by admin

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

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S. Clark Kendus