Nether Providence Township

Wallingford PA Real Estate – April 2022

May 15, 2022 by admin

April recorded 18 closed transactions, 2 more homes than last April’s total. Reflecting tight inventory the average selling price gained 14.0% over last year rising to $368,299. Homes averaged just 13 days on the market before going under contract.

Ten single family homes sold for an average price of $599,900 during the month and averaged just 10 Days On Market. Last April 9 single family homes sold for an average price of $464,667.

201 Woodward Road had the highest selling price for the month at $997,500.

Amid a challenging purchasing environment buyers signed contracts for 9 homes during April, 6 singles, 2 townhouses, and 1 twin home – with an average asking price of $456,378 and an average of 17 Days On Market.

Future settlements – 18 in May, 13 in June, 4 in July, and 4 others spread over the remaining months of 2022.

After the first 4 months of 2022 a total of 69 homes have sold surpassing last year’s volume by 17 homes. The average sales price has gone up $82,840 to $455,620 from last year when it stood at $372,780 representing a 22.2% increase.

**Wallingford PA Closed Transactions April 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
800 Avondale Road #6A	CONDO	1	1.0	$150,000	04/06/22	4
6 Fairfield Road	SNG	4	2.1	$727,500	04/07/22	6
609 W Wiltshire Road	TWIN	13	2.1	$290,000	04/11/22	4
713 W Brookhaven Road	SNG	3	1.1	$329,000	04/14/22	23
991 Putnam Blvd	TOWN	2	2.1	$230,000	04/15/22	3
201 Woodward Road	SNG	5	3.1	$997,500	04/15/22	5
1360 Putnam Blvd	TOWN	2	2.1	$300,000	04/18/22	2
104 Blackthorn Road	SNG	3	1.1	$560,000	04/19/22	0
500 S Media Way Lot #8L	CONDO	5	3.1	$325,947	04/20/22	38
104 Plush Mill Road	SNG	4	4.0	$530,000	04/21/22	32
700 Avondale Road #5E	CONDO	2	2.0	$225,000	04/22/22	11
901 S Providence Road	SNG	3	1.1	$550,000	04/22/22	6
602 W Brookhaven Road	SNG	5	2.2	$600,000	04/26/22	8
502 S Media Way Lot #8U	TOWN	3	2.0	$545,650	04/26/22	64
418 Oak Valley Road	SNG	4	2.0	$625,000	04/28/22	11
206 Ridgewood Road	SNG	3	1.1	$505,000	04/28/22	3
215 W Rose Valley Road	SNG	5	2.1	$575,000	04/29/22	7
700 Avondale Road #3G	CONDO	2	2.0	$197,000	04/29/22	12
AVERAGE				$459,033		13

* DOM = Days On Market

3 of 18 transactions had a Seller Assist:

– 713 W Brookhaven Road – $4,100

– 215 W Rose Valley Road – $5,000

– 700 Avondale Road #3G – $3,900

Financing Methods

– Conventional Mortgage – 13 transactions

– Cash – 5 transactions

**WALLINGFORD SINGLE HOMES – APRIL 2022 – 10 SALES**
Avg Price	Median Price	Low	High	DOM*
$599,900	$567,500	$329,000	$997,500	10

**WALLINGFORD TWINS – APRIL 2022 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$290,000	$290,000	$290,000	$290,000	4

**WALLINGFORD TOWNHOUSES- APRIL 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$358,550	$300,000	$230,000	$545,650	23

**WALLINGFORD CONDOS – APRIL 2022 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$224,287	$211,000	$150,000	$325,947	16

**WALLINGFORD – APRIL 2021 VS APRIL 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	16	$387,806	8	103.0%	102.7%
2022	18	$459,033	13	105.2%	103.7%
	13.0%	14.0%	18.4%	2.2%	1.0%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 25, 2022 To May 8, 2022

May 10, 2022 by admin

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

There are 15 homes listed for sale – 12 Active listings and 3 Active Under Contract listings – in Wallingford PA and Nether Providence Township on May 10, 2022 with an average asking price of $393,838.

According to a recent survey from Clever Real Estate, 43% of sellers expect their home will go for over listing price, 36% report they think they will be able to negotiate a better price or contingencies, 31% predict the appraisal will come back higher than the sale price and 30% think there will be multiple offers. Only 25% said they believe they will have difficulty finding a buyer or receiving asking price for their home.

Fifty-three percent of sellers said they expect to accept an offer within the first month of listing, with 8% planning for it to take less than a week and 19% expecting it to take one to two weeks. However, 74% report their main concern about listing is that their house will take too long to sell, while 69% said they are afraid they won’t get the price they want and 67% said they don’t like the idea of strangers in their home. Additionally, 30% cited the most challenging part of selling their house is preparing it, while 20% said pricing it correcting. Another 19% said finding a Realtor® is their biggest challenge.

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Wallingford Market Snapshot – 15 Listings
*12 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$393,838	$424,777	$150,000	$650,000	18

Single Home Market Snapshot – 10 Listings
*7 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$482,768	$439,000	$375,000	$650,000	23

Condo Market Snapshot – 3 Listings
*3 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$176,667	$165,000	$150,000	$215,000	10

Townhouse Market Snapshot – 2 Listings
*2- Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$274,950	$274,950	$250,000	$299,900	8

7 Wallingford PA homes went under contract

7 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

33 homes are Under Contract at this time

12 Wallingford PA homes sold

**Wallingford Homes Sold April 25, 2022 To May 8, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
602 W Brookhaven Road	SNG	5	2.2	$600,000	04/26/22	8
502 S Media Way Lot #8U	TOWN	3	2.0	$545,650	04/26/22	64
418 Oak Valley Road	SNG	4	2.0	$625,000	04/28/22	11
206 Ridgewood Road	SNG	3	1.1	$505,000	04/28/22	3
215 W Rose Valley Road	SNG	5	2.1	$575,000	04/29/22	7
700 Avondale Road #3G	CONDO	2	2.0	$197,000	04/29/22	12
508 Oakcrest Lane	SNG	4	3.1	$512,000	05/02/22	11
17 Mallard Mill Run	TOWN	3	3.0	$408,100	05/02/22	7
213 Ash Road	SNG	3	1.1	$350,000	05/03/22	4
913 Penn Valley Road	SNG	4	2.1	$652,500	05/03/22	4
203 Glendale Road	SNG	4	2.1	$550,000	05/06/22	11
320 Cedar Lane	SNG	4	3.0	$730,000	05/06/22	3
AVERAGE				$520,854		12

2 homes sold with a Seller Assist:

– 215 W Rose Valley Road – $5,000

– 800 Avondale Road #3G – $3,900

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 18, 2022 To April 24, 2022

April 26, 2022 by admin

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

There are just 12 homes listed for sale – 6 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 26, 2022 with an average asking price of $462,131.

The spring housing market got off to a strong start, but rising mortgage interest rates topping 5% – plus high inflation and soaring rents – appear to be starting to temper high prices in certain housing markets. To be clear: Overall affordability remains a challenge. Many would-be buyers are being priced out of homeownership as higher mortgage rates mean more expensive monthly housing payments. But when there are fewer buyers competing for homes and bidding them up, prices typically go down.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 12 Listings
*6 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$461,131	$489,000	$150,000	$725,000	21

Single Home Market Snapshot – 10 Listings
*5 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$518,968	$549,500	$285,000	$725,000	24

Condo Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$177,950	$177,950	$150,000	$205,900	9

5 Wallingford PA homes went under contract

3 new listings came onto the market

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

39 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold April 18, 2022 To April 24, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1360 Putnam Blvd	TOWN	2	2.1	$300,000	04/18/22	2
104 Blackthorn Road	SNG	3	1.1	$560,000	04/19/22	0
500 S Media Way Lot #8L	CONDO	5	3.1	$325,947	04/20/22	38
104 Plush Mill Road	SNG	4	4.0	$530,000	04/21/22	32
700 Avondale Road #5E	CONDO	2	2.0	$225,000	04/22/22	11
901 S Providence Road	SNG	3	1.1	$550,000	04/22/22	6
AVERAGE				$415,158		15

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 4, 2022 To April 10, 2022

April 12, 2022 by admin

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

There are 18 homes listed for sale – 6 Active listings and 14 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 12, 2022 with an average asking price of $420,543.

Turns out, homebuyers aren’t spending their weekends searching online for homes.

It’s how they spend their Tuesday nights. According to recent data from Redfin for January and February 2022, homebuyers are most active looking for homes on Tuesdays at 8 p.m. Weeknights are typically more active than weekends, and evenings are generally more active than mornings. Prior to the pandemic, Thursdays at 8 p.m. were the most popular night to look at homes, meaning consumers’ habits haven’t changed that much, despite lifestyle changes. One may expect weekday morning or afternoon browsing to increase, due to more people working from home or a hybrid schedule, but that has not been the case. Friday nights are the least popular night for online home browsing.

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Wallingford Market Snapshot – 18 Listings
*6 – Active 12 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$412,543	$458,389	$124,900	$725,000	20

Single Home Market Snapshot – 12 Listings
*4 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$499,465	$549,500	$285,000	$725,000	22

Row Home Market Snapshot – 2 Listings
*2 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	30

Townhouse Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$449,250	$449,250	$279,000	$619,500	10

Condo Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$213,950	$213,950	$205,000	$222,000	12

2 Wallingford PA homes went under contract

1 new listing came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

1 listing expired

41 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold April 4, 2022 To April 10, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
800 Avondale Road #6A	CONDO	1	1.0	$150,000	04/06/22	4
6 Fairfield Road	SNG	4	2.1	$727,500	04/07/22	6
AVERAGE				$438,750		5

Neither home sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – 1st Quarter 2022 Review

April 8, 2022 by admin

The 1st quarter of 2022 in Wallingford PA saw a total of 51 homes sold, an increase of 14 homes over last year. A chase of limited inventory led to the average sales price increasing 19.0% to $454,415 from last year where it stood at $381,882.

A total of $23,175,168 of real estate changed hands during the quarter.

The core category of single family homes recorded 32 sales, increasing from 24 last year, with an average selling price of $523,286 compared to last year’s average selling price of $482,696.

Days On Market averaged 30, dropping 5 days from last yesr when it stood at 35..

January recorded 10 sales, February had 17 sales, and 24 homes were sold in March.

The highest priced home sold in the quarter was 507 Moylan Avenue which sold in February for $1,200,000.

**WALLINGFORD – 1ST QUARTER 2021 VS 1ST QUARTER 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	37	$381,882	35	99.5%	100.7%
2022	51	$454,415	30	101.7%	100.2%
	37.8%	19.0%	-14.3%	2.2%	0.2%

1ST QUARTER 2022 – SALES BY PRICE RANGE

PRICE RANGE	SALES	% Of SALES
$100,000 To $200,000	8	15.7%
$200,000 To $300,000	8	15.7%
$300,000 To $400,000	9	17.6%
$400,000 To $500,000	6	11.8%
$500,000 To $600,000	12	23.5%
$600,000 To $700,000	2	3.9%
$700,000 To $800,000	2	3.9%
$800,000 To $900,000	1	1.9%
$900,000 To $1,000,000	1	1.9%
> $1,000,000	2	3.9%
TOTAL	51

**Single Family Homes Sold – 1st Quarter 2022 – 32 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$553,286	$530,000	$216,000	$1,200,000	38

**Townhouses Sold – 1st Quarter 2022 – 9 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$391,840	$358,000	$165,000	$573,395	10

**Condominiums Sold – 1st Quarter 2022 – 5 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$210,894	$169,000	$127,000	$343,572	14

**Twin Homes Sold – 1st Quarter 2022 – 3 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$190,666	$172,000	$160,000	$239,999	45

**Row Homes Sold – 1st Quarter 2022 – 2 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$158,500	$158,500	$141,000	$176,000	6

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus