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No listings were withdrawn from the market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

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.

Nether Providence Twp Homes For Sale

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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

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

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

There are 27 homes listed for sale – 21 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 29, 2022 with an average asking price of $439,444.

The National Association of REALTORS® reported that home prices continued to rise in the third quarter of 2022. Forty-six percent of the metro markets posted double-digit annual price appreciation this quarter compared to 80% in the previous quarter. National median prices rose 8.6% year over year to $398,500. While median home prices rose by 8.6%, year-over-year price appreciation decelerated compared to the previous quarter’s 14.2%.

This quarter’s monthly mortgage payments on a single-family home increased to $1,840 compared to $1,226 from a year ago. Qualifying median family incomes rose to $88,331 compared to the second quarter of 2022, which was $88,200, and $58,826 a year ago. The effective 30-year fixed mortgage rate increased to 5.65% in the third quarter of 2022 compared to 2.92% one year ago.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 27 Listings
21 – Active  6 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$439,444	$350,000	$164,900	$1,400,000	67

Single Home Market Snapshot – 19 Listings
14- Active   5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$523,137	$425,000	$265,000	$1,400,000	76

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$174,800	$165,000	$164,900	$194,500	29

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$320,000	$320,000	$315,000	$325,000	6

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$253,666	$255,000	$215,999	$290,000	89

1 Wallingford PA home 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

26 homes are Under Contract at this time

2 Wallingford PA home sold last week

Wallingford Homes Sold November 21 2022 To November 27, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
AVERAGE				$440,500		53

Wallingford PA Real Estate – Wallingford, PA 19086