Nether Providence Township

Wallingford PA Real Estate – March 2022

April 7, 2022 by admin

Guard Rail Removal Project Along Avondale Road

March 2022 saw quite a comeback in activity compared to last year. Twenty four homes sold in Wallingford PA during March 2022, compared to just 6 closed transactions last March. The average selling price soared 36.1% over last year rising to $498,120.

A total of $11,954,874 in real estate transferred during the month.

Fifteen single family homes sold for an average price of $588,542 during the month and averaged 42 Days On the Market. Last March 4 single family homes sold for an average price of $463,875 and spent an average of 38 Days On the Market.

205 Linden Lane had the highest selling price for the month at $1,100,000.

Buyers signed contracts for 20 homes during March, 13 single family homes, 4 townhomes, 2 condos, and 1 twin – with an average asking price of $444,470 and an average of just 7 Days On the Market.

Future settlements – 12 in April, 9 in May, 3 in June, and 7 throughout the remainder of the year.

At close of the 1st quarter of 2022 a total of 51 homes have sold exceeding last year’s 1st quarter by 14 homes. The average sales price has increased to $454,415 from last year when it stood at $381,882, representing a 19.0% increase.

**Wallingford PA Closed Transactions March 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
32 Mallard Mill Run	TOWN	2	2.0	$358,000	03/01/22	4
101 Emerald Street	SNG	4	3.0	$542,500	03/01/22	3
100 Cedar Road	SNG	3	1.1	$315,000	03/01/22	12
800 Avondale Road #2D	CONDO	3	2.0	$250,000	03/02/22	2
11 Single Lane	SNG	4	2.1	$769,500	03/03/22	79
730B Putnam Blvd	CONDO	2	1.0	$169,000	03/08/22	8
205 Linden Lane	SNG	4	3.1	$1,100,000	03/11/22	5
803 Pleasant Hill Road	SNG	3	2.0	$385,000	03/11/22	131
Willow Road Lot #1	SNG	3	2.1	$499,900	03/11/22	48
715 Kincaid Mills Lane	TOWN	3	3.1	$520,000	03/14/22	0
713 Atlanta Court	ROW	2	1.0	$176,000	03/15/22	5
804 Pleasant Hill Road	SNG	4	2.1	$565,000	03/17/22	10
961 Putnam Blvd	TOWN	3	3.1	$315,000	03/18/22	15
503 S Media Way	TOWN	3	3.0	$515,340	03/18/22	1
505 S Media Way	CONDO	2	2.0	$343,572	03/18/22	51
516 Hastings Avenue	SNG	3	1.0	$255,000	03/21/22	5
21 Waterford Way	SNG	5	2.1	$665,000	03/25/22	7
Willow Road Lot #2	SNG	3	2.1	$562,037	03/25/22	78
723 Kincaid Mills Lane	TOWN	3	3.0	$479,825	03/28/22	3
119 Locust Lane	SNG	5	2.1	$595,000	03/29/22	33
501 S Media Way Lot#7	SNG	3	2.1	$579,200	03/29/22	133
612 W Brookhaven Road	SNG	5	2.1	$535,000	03/30/22	12
112 Brent Drive	SNG	3	2.1	$525,000	03/30/22	74
1002 Twyckenham Road	SNG	4	2.1	$935,000	03/31/22	6
AVERAGE				$498,120		30

* DOM = Days On Market

4 of 24 transactions hsold with a Seller Assist:

– 100 Cedar Road – $12,000

– 2803 Pleasant Hill Road – $3,800

– 119 Locust Lane – $16,779

– 723 Kincaid Mills Lane – $1,710

Financing Methods

– Conventional Mortgage – 19 transactions

– Cash – 5 transactions

**WALLINGFORD SINGLE HOMES – MARCH 2022 – 15 SALES**
Avg Price	Median Price	Low	High	DOM*
$588,542	$562,037	$255,000	$1,100,000	42

**WALLINGFORD TOWNHOMES – MARCH 2022 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$437,633	$479,825	$315,000	$520,000	5

**WALLINGFORD CONDOS- MARCH 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$254,191	$250,000	$169,000	$343,572	20

**WALLINGFORD ROW HOMES – MARCH 2022 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$176,000	$176,000	$176,000	$176,000	5

**WALLINGFORD – MARCH 2021 VS MARCH 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	6	$365,917	30	101.7%	102.8%
2022	24	$498,120	30	104.7%	102.6%
	300.0%	36.1%	0.0%	3.0%	-0.2%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 28, 2022 To April 3, 2022

April 5, 2022 by admin

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

There are 20 homes listed for sale – 6 Active listings and 14 Active Under Contract listings – in Wallingford PA and Nether Providence Township on April 5, 2022 with an average asking price of $407,334.

Record shattering price growth on its own may understate how much home affordability has declined over the past year, a new report suggests.

The real cost of a home purchase rose by 27% in the past year after accounting for the effects of mortgage rate hikes and wage increases, according to a new report from First American Financial Corp., a title insurance company.

The company’s Real House Price Index adjusts price increases for the typical consumer’s buying power.

“Even though household income increased 5% since January 2021, it was not enough to offset the negative impact on consumer house-buying power from higher rates and fast rising nominal prices,” First American Chief Economist Mark Fleming said in the report.

Still, the typical home sold in January remained much more affordable than during the run-up to the housing crash of 2007.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 20 Listings
*6 – Active 14 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,334	$434,889	$124,900	$725,000	17

Single Home Market Snapshot – 13 Listings
*4 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$492,352	$525,000	$285,000	$725,000	19

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	23

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 – 3 Listings
*No Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$199,267	$205,900	$169,000	$222,000	8

7 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

43 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold March 28, 2022 To April 3, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
723 Kincaid Mills Lane	TOWN	3	3.0	$479,825	03/28/22	3
119 Locust Lane	SNG	5	2.1	$595,000	03/29/22	33
501 S Media Way Lot#7	SNG	3	2.1	$579,200	03/29/22	133
612 W Brookhaven Road	SNG	5	2.1	$535,000	03/30/22	12
112 Brent Drive	SNG	3	2.1	$525,000	03/30/22	74
1002 Twyckenham Road	SNG	4	2.1	$935,000	03/31/22	6
AVERAGE				$608,171		44

2 homes sold with a Seller Assist:

– 723 Kincaid Mills Lane – $1,710

– 119 Locust Lane – $16,779

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 14, 2022 To March 20, 2022

March 22, 2022 by admin

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

There are 20 homes listed for sale -9 Active listings and 11 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 22, 2022 with an average asking price of $453,795.

On average there were nearly 5 offers for every home sold in February according to REALTOR.com, with 48% of offers above the list price. Offers averaged 2.9% above list which translates to approximately $10,000 on a median price home in the US.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 20 Listings
*9 – Active 11 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$453,795	$525,000	$124,900	$725,000	18

Single Home Market Snapshot – 14 Listings
*5 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$521,557	$554,500	$285,000	$725,000	19

Twin Home Market Snapshot – 1 Listings
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	40

Townhouse Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$419,467	$359,900	$279,000	$619,500	6

Condo Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$205,900	$205,900	$205,900	$205,900	12

Row Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$184,900	$184,900	$184,900	$184,900	20

5 Wallingford PA homes went under contract

6 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

No listings expired

45 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold March 14, 2022 To March 20, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
713 Atlanta Court	ROW	2	1.0	$176,000	03/15/22	5
894 Pleasant Hill Road	SNG	4	2.1	$565,000	03/17/22	10
961 Putnam Blvd	TOWN	3	3.1	$315,000	03/18/22	15
AVERAGE				$352,000		10

No home sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – March 7, 2022 To March 13,2022

March 15, 2022 by admin

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

There are 20 homes listed for sale – 8 Active listings and 12 Active Under Contract listings – in Wallingford PA and Nether Providence Township on March 15, 2022 with an average asking price of $459,735.

A record 8.2% of homes across the country were valued at $1 million or more in February according to a report by Redfin.

This million dollar mark represents approximately 6 million American homes, which is a sharp increse from February 202 when just 4.8% – 3.5 million – had a valuation or $1 miillion or more.

Based upon sales year to date in Wallingford, 5.6% of the homes sold this year carried a price tag greater than $1 million. That amounts to 2 homes out of the 36 settled this year.

View all Nether Providence Twp Homes For Sale

View all Homes Listed In The Last 7 Days

Wallingford Market Snapshot – 20 Listings
*10 – Active 12 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$459,735	$537,500	$124,900	$725,000	19

Single Home Market Snapshot – 13 Listings
*4 – Active 9 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$547,438	$572,500	$329,000	$725,000	21

Twin Home Market Snapshot – 1 Listings
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$124,900	$124,900	$124,900	$124,900	33

Townhouse Market Snapshot – 4 Listings
*2 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$390,575	$331,900	$279,000	$619,500	14

Condo Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$205,900	$205,900	$205,900	$205,900	12

Row Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$184,900	$184,900	$184,900	$184,900	13

6 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

43 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold March 7, 2022 To March 13, 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
730B Putnam Blvd	CONDO	2	1.0	$169,000	03/08/22	8
205 Linden Lane	SNG	4	3.1	$1,100,000	03/11/22	5
803 Pleasant Hill Road	SNG	3	2.0	$385,000	03/11/22	131
Lot 1 Willow Road	SNG	3	2.1	$499,900	03/11/22	48
AVERAGE				$538,475		48

803 Pleasant Hill Road sold with $3,800 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – February 2022

March 8, 2022 by admin

There were 17 closed transactions in Wallingford during February which represents an increase of over 50% compared to last year. The average selling price rose 5.1% to $385,194.

Nine single family homes sold for an average price of $501,222 during the month and averaged 22 Days On the Market. Last February recorded 5 single home sales selling for an average price of $523,800 and spent an average of 84 Days On the Market.

507 Moylan Avenue had the highest selling price of the month at $1,200,000.

Fourteen listings went under contract during the month – 11 single family homes, 2 townhouses, and 1 condo – with an average asking price of $548,239 and an average of 15 Days On the Market.

There are 33 future settlements scheduled – 15 in March, 6 in April, 4 in May, and 8 new homes at Media Walk scheduled to settle from June to December.

Sales year to date are behind the pace of last year by 4 homes, with 27 closed transactions for the first 2 months of 2022 compared to 31 last year. The average selling price of $415,566 is a 7.9% increase compared to last year.

**Wallingford PA Closed Transactions February 2022**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
209 Willow Road	SNG	3	1.1	$223,000	02/03/22	83
509 S Media Way	TOWN	3	2.0	$573,395	02/03/22	16
1041 Putnam Blvd	TOWN	3	2.1	$285,000	02/04/22	45
101 Possum Hollow Road	SNG	4	2.1	$825,000	02/09/22	11
4 Irving Road	SNG	2	2.0	$225,000	02/10/22	5
508 Morris Lane	SNG	3	2.0	$402,000	02/10/22	9
9 E Rose Valley Road	SNG	3	1.1	$290,000	02/11/22	37
208 Willow Road	SNG	3	1.1	$365,000	02/15/22	5
783 Pennsylvania Avenue	TWIN	2	1.0	$160,000	02/16/22	89
700 Avondale Road #PH4	CONDO	3	2.0	$127,000	02/22/22	7
115 Beech Road	SNG	3	2.0	$396,000	02/24/22	43
800 Avondale Road #7C	CONDO	2	2.0	$164,900	02/25/22	3
704 Hartford Court	TWIN	3	1.1	$172,000	02/25/22	25
712 Pennsylvania Avenue	TWIN	4	2.0	$239,999	02/25/22	21
1370 Putnam Blvd	TOWN	3	2.1	$315,000	02/25/22	4
507 Moylan Avenue	SNG	5	2.1	$1,200,000	02/28/22	6
310 Marlyn Lane	SNG	4	3.0	$585,000	02/28/22	3
AVERAGE				$385,194		24

* DOM = Days On Market

1 of 10 transactions had a Seller Assist:

– 800 Avondale Road #7C – $1,200

Financing Methods

– Conventional Mortgage – 7 transactions

– Cash – 3 transactions

**WALLINGFORD SINGLE HOMES – FEBRUARY 2022 – 9 SALES**
Avg Price	Median Price	Low	High	DOM*
$501,222	$396,000	$223,000	$1,200,000	22

**WALLINGFORD TWINS – FEBRUARY 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$190,666	$172,000	$160,000	$239,999	45

**WALLINGFORD TOWNHOUSES – FEBRUARY 2022 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$391,132	$315,000	$285,000	$573,395	22

**WALLINGFORD CONDOS – FEBRUARY 2022 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$145,950	$145,950	$127,000	$164,900	5

**WALLINGFORD – FEBRUARY 2021 VS FEBRUARY 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	10	$366,450	50	99.3%	99.1%
2022	17	$385,194	24	100.1%	99.4%
	70.0%	5.1%	-52.0%	0.8%	0.3%

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus