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.”

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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No listings were withdrawn from the market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.

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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

September 2022 sales bested last year’s total by 5 homes with 19 closed transactions. The average price came in at $483,219 compared to last year when the average selling price was $435,834. September sales consisted of 12 single family homes, 4 townhomes, 2 condos, and 1 twin.

Twelve single family homes sold for an average price of $594,805 and averaged 13 days on the market. Last September also saw 12 single family homes sold for an average price of $486,181 .

208 Hempstead Lane had the highest selling price for the month at $1,187,250

Twelve listings went under contract during the month – 6 single family homes, 3 townhomes, and 3 condos with an average asking price of $351,858 and an average of 12 Days On Market.

There are are 17 settlements scheduled in October, 9 in November, and 4 in December.

Wallingford Homes Sold September 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
108 Brent Drive	SNG	5	3.1	$760,000	09/01/22	5
204 Plush Mill Road	SNG	5	3.1	$690,000	09/01/22	7
301 Crestview Circle	SNG	3	2.1	$515,000	09/02/22	7
205 Turner Road	SNG	4	2.2	$550,000	09/07/22	9
121 Willow Road	SNG	3	1.0	$291,400	09/12/22	5
709 Pennsylvania Avenue	ROW	3	1.0	$180,000	09/12/22	36
508 W  Brookhaven Road	SNG	5	2.1	$469,000	09/14/22	90
206 W Rose Valley Road	SNG	3	1.1	$375,000	09/15/22	3
716B Putnam Blvd	CONDO	2	1.0	$189,000	09/15/22	11
514 Georgetown Road	SNG	5	3.1	$680,000	09/22/22	6
608 Columbia Mills Court	TOWN	3	3.1	$509,000	09/23/22	4
642 W Wiltshire Drive	TWIN	3	3.1	$342,500	09/26/22	6
208 Hempstead Lane	SNG	4	2.2	$1,187,250	09/28/22	6
1042 Putnam Blvd	TOWN	3	2.1	$305,000	09/28/22	2
223 Sykes Lane	SNG	4	2.0	$680,010	09/29/22	6
611 School Lane	SNG	3	1.0	$335,000	09/29/22	5
812B Putnam Blvd	TOWN	2	1.0	$170,000	09/29/22	19
336 Crestview Circle	SNG	3	2.1	$605,000	09/30/22	5
652 Niblick Lane	TOWN	3	2.1	$348,000	09/30/22	4
AVERAGE				$483,219		12

* DOM = Days On Market

1 of 19 transactions had a Seller Assist:

– 709 Pennsylvania Avenue – $5,000

Financing Methods

– Conventional Mortgage – 13 transactions

– VA Mortgage – 3 transactions

–  Cash – 2 transactions

– FHA Mortgage – 1 transaction

WALLINGFORD SINGLE HOMES – SEPTEMBER 2022 – 12 SALES

Avg Price	Median Price	Low	High	DOM*
$594,805	$577,500	$291,400	$1,187,250	13

WALLINGFORD TOWNHOUSES – SEPTEMBER 2022 – 4 SALES

Avg Price	Median Price	Low	High	DOM*
$335,500	$326,500	$180,000	$509,000	12

 

WALLINGFORD CONDOS – SEPTEMBER 2022 – 2 SALES

Avg Price	Median Price	Low	High	DOM*
$179,500	$179,500	$170,000	$189,000	15

WALLINGFORD TWINS- SEPTEMBER 2022 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$342,500	$342,500	$342,500	$342,500	6

WALLINGFORD – SEPTEMBER 2021 VS SEPTEMBER 2022

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	14	$435,834	16	98.9%	98.2%
2022	19	$483,219	12	102.9%	103.9%
	35.7%	10.9%	-25.0%	4.0%	5.7%

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 – 24 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 27, 2022 with an average asking price of $435,804.

Sales of existing homes fell 19.9% in August compared to August 2021 according to the National Association of Realtors. August sales represent the 7th consecutive monthly decline and posted the weakest performance since May 2020.

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Wallingford Market Snapshot – 34 Listings
24 – Active  10 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$435,804	$379,900	$150,000	$1,400,000	47

Single Home Market Snapshot – 25 Listings
19 – Active   6 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$510,799	$420,000	$279,500	$1,400,000	52

Condo Market Snapshot – 6 Listings
4 – Active    2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$183,050	$184,950	$150,000	$218,500	24

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$316,358	$315,000	$259,173	$374,900	61

5 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

34 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold September 19, 2022 To September 25, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
514 Georgetown Road	SNG	5	3.1	$680,000	09/22/22	6
608 Columbia Mills Court	TOWN	3	3.1	$509,000	09/23/22	4
AVERAGE				$594,500		5

Neither home sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086