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

There are 25 homes listed for sale – 17 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 28, 2022 with an average asking price of $393,815.

After three years of year over year declining inventory, May’s national active inventory was up 8% year over year, the first time the market has seen a yearly increase since June 2019.

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Wallingford Market Snapshot – 25 Listings
17 – Active  8 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$393,815	$399,900	$160,000	$620,000	23

Single Home Market Snapshot – 13 Listings
9 – Active   4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$493,962	$535,000	$295,000	$620,000	28

Condo Market Snapshot – 5 Listings
3 – Active    2 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$196,180	$195,000	$184,900	$220,000	17

Twin Market Snapshot – 4 Listings
2 – Active    2 –  Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$328,543	$327,087	$160,000	$500,000	15

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$374,933	$399,900	$289,900	$435,000	18

1 Wallingford PA home went under contract

1 new listing came onto the market 

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

43 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold June 14, 2022 To June 26, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
29 Waterford Way	SNG	5	2.1	$700,000	06/21/22	6
800 Avondale Road – #6H	CONDO	1	1.0	$162,500	06/23/22	2
AVERAGE				$333,714		4

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 28 homes listed for sale – 19 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 21, 2022 with an average asking price of $410,699.

Only 17% of Americans surveyed in May said it was a good time to buy a home, breaking previous record lows of 19% seen in April and 24% in March.

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Wallingford Market Snapshot – 28 Listings
19 – Active  8 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$410,699	$409,950	$184,900	$620,000	19

Single Home Market Snapshot – 18 Listings
13 – Active   5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$469,761	$462,450	$295,000	$620,000	21

Condo Market Snapshot – 4 Listings
2 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$191,225	$192,500	$184,900	$195,000	17

Twin Market Snapshot – 3 Listings
2 – Active    1 –  Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$384,724	$385,000	$269,173	$500,000	16

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

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$374,933	$399,900	$289,900	$435,000	11

13 Wallingford PA homes went under contract

12 new listings came onto the market 

1 listing was withdrawn from the market

No listing were temporarily taken off the market

2 listings expired

38 homes are Under Contract at this time

7 Wallingford PA homes sold 

Wallingford Homes Sold June 6, 2022 To June 19, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
611 W Wiltshire Drive	TWIN	3	3.0	$341,500	06/08/22	7
1124 Putnam Blvd	TOWN	3	2.1	$250,000	06/09/22	1
800 Avondale Road – PH#17	CONDO	1	1.0	$143,000	06/14/22	20
606 School Lane	SNG	3	1.1	$435,500	06/15/22	4
738B Putnam Blvd	CONDO	2	1.0	$160,000	06/16/22	8
336 Crestview Circle	SNG	3	2.1	$380,000	06/16/22	27
6 Sharpless Lane	SNG	4	2.1	$626,000	06/17/22	5
AVERAGE				$333,714		10

Two homes sold with a Seller Assist:

– 611 W Wiltshire Drive – $5,000

– 800 Avondale Road – PH#17 – $2,000

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 25 homes listed for sale – 20 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on June 2, 2022 with an average asking price of $414,427.

The intense market competition of the last two pandemic-fueled years is finally beginning to slow down, according to a new report released Thursday by Seattle-based brokerage Redfin.

Nineteen percent of homesellers – or nearly one in five – dropped their listing price during the four-week period ending on May 22, 2022, marking the largest number of sellers to do so since pre-pandemic times in October 2019, Redfin reported.

During the four-week period ending May 1, just 15% of sellers dropped their asking price.

In addition, the typical listing’s time on market, the share of homes that have gone pending within one week, and the share of homes sold above-asking have all plateaued, another sign of the market cooling off. Mortgage purchase applications were also at the same rate as they were in June 2020 (down 16%year over year) and the number of buyers visiting and making offers on homes, according to the Redfin Homebuyer Demand Index, saw its largest annual decrease since April 2020, a decline of 12% year over year.

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Wallingford Market Snapshot – 25 Listings
20 – Active  5 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$414,427	$415,000	$295,000	$620,000	19

Single Home Market Snapshot – 18 Listings
14 – Active   4 – Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$468,978	$467,000	$295,000	$625,000	23

Condo Market Snapshot – 4 Listings
2 – Active    No Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$188,725	$197,450	$155,000	$205,000	13

Twin Market Snapshot – 3 Listings
2 – Active    1 –  Active Under Contract

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$388,058	$385,000	$279,173	$500,000	6

4 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

39 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold May 23, 2022 To May 29, 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
6 E Brookhaven Road	SNG	5	4.1	$1,085,000	05/24/22	41
506 S Media Way	CONDO	2	2.0	$345,710	05/25/22	1
AVERAGE				$714,355		21

N6 E Brookhaven Road sold with a $7,290 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086