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 28, 2021 with an average asking price of $422,241.

November foreclosure filings decreased 5% from October, but are up 94% from last November.

According to ATTOM’s November 2021 U.S. Foreclosure Market Report, 19,479 properties had a foreclosure filing in November, marking the seventh month in a row of year over year increases. As a reminder, there was an eviction mortarium still in place November 2020, which ended in August 2021, which helps account for the large annual jump. Across the country, one in every 7,055 properties had a foreclosure filing, compared to October, when one in every 6,675 properties had a foreclosure filing.

Foreclosure starts also saw a monthly decrease, but an annual increase. Approximately 10,471 properties had the foreclosure process started in November, down 3% from October, but up 99% year over year. Repossession numbers also dropped from October. The report found that lenders repossessed 2,292 properties, down 24% from October, which is the first month since May to see a drop. However, annually, repossessions were up 14%.

In Wallingford there were no foreclosure sales recorded in the MLS through December 27, 2021 of the 219 sales recorded. There were 3 short sales among the sales for the year.

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Wallingford Market Snapshot – 17 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$422,241	$415,000	$169,999	$799,000	50

Single Home Market Snapshot – 12 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$481,392	$447,450	$239,900	$799,000	57

Twin Home Market Snapshot – 3 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$198,333	$185,000	$169,999	$239,999	38

Townhouse Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$403,200	$403,200	$285,000	$521,400	29

No Wallingford PA homes 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No listings were withdrawn from the market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

34 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold December 20, 2021 To December 26, 2021

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
111 Ash Road	SNG	3	2.0	$310,000	12/22/21	8
354A Saybrook Lane	CONDO	2	1.0	$175,000	12/22/21	5
AVERAGE				$242,500		7

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 15 homes listed for sale – 8 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 14, 2021 with an average asking price of $388,680.

Homeowners continue to build wealth. Home price growth is reaching the highest level in more than four decades, pushing equity gains to a record high.

The average home equity gained between the third quarter of 2020 and the third quarter of 2021 is about $57,000, CoreLogic reports.

“Not only have equity gains helped homeowners more seamlessly transition out of forbearance and avoid a distressed sale, but they’ve also enabled many to continue building their wealth,” says Frank Martell, president and CEO of CoreLogic.

Overall, homeowners with mortgages have seen their equity increase by a total of $3.2 trillion since the third quarter of 2020 – a jump of 31.1% year over year, CoreLogic reports.

California, Hawaii, and Washington posted the largest equity gains in the third quarter year over year, up $118,700, $112,700, and $96,000, respectively, CoreLogic reports. On the other hand, North Dakota posted the lowest average equity increases at $15,400.

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Wallingford Market Snapshot – 15 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$388,680	$399,900	$169,999	$1,150,000	46

Single Home Market Snapshot – 10 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$477,670	$447,450	$215,900	$799,000	56

Condo Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$172,000	$172,000	$172,000	$172,000	5

Twin Home Market Snapshot – 3 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$198,832	$186,499	$169,999	$239,999	28

Townhouse Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$285,000	$285,000	$285,000	$285,000	41

6 Wallingford PA homes went under contract 

2 new listings came onto the market 

No listings were withdrawn from the market

2 listings were temporarily taken off the market

1 listing expired

39 homes are Under Contract at this time

3 Wallingford PA homes sold last week

Wallingford Homes Sold December 6, 2021 To December 12, 2021

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
800 Avondale Road #4J	CONDO	3	2.0	$187,000	12/09/21	7
103 Kershaw Road	SNG	4	2.0	$641,500	12/10/21	5
104 Sycamore Lane	SNG	4	3.1	$1,038,000	12/10/21	5
AVERAGE				$622,167		6

2 homes sold with a  Seller Assist:

– 800 Avondale Road #4J – $2,000

– 103 Kershaw Road – $3,000

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 18 homes listed for sale – 11 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on December 8, 2021 with an average asking price of $461,983.

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Wallingford Market Snapshot – 18 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$461,983	$424,900	$169,999	$1,150,000	40

Single Home Market Snapshot – 12 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$589,558	$537,000	$299,000	$1,150,000	48

Condo Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$179,500	$187,000	$172,000	$187,000	6

Twin Home Market Snapshot – 3 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$198,999	$186,999	$169,999	$239,999	31

Townhouse Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$285,000	$285,000	$285,000	$285,000	35

1 Wallingford PA home 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

36 homes are Under Contract at this time

7 Wallingford PA homes sold last week

Wallingford Homes Sold November 29, 2021 To December 5, 2021

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
512 Washington Avenue	TWIN	5	1.1	$289,900	11/30/21	8
208 Cooper Drive	SNG	5	2.1	$675,000	11/30/21	5
609 Columbia Mills Court	TOWN	4	3.1	$450,000	11/30/21	23
204 W Brookhaven Road	SNG	5	1.1	$518,000	11/30/21	17
208 Walnut Road	SNG	3	1.0	$280,000	12/03/21	9
206 Wisteria Lane	SNG	5	3.1	$760,000	12/03/21	6
523 S Media Way	SNG	3	2.1	$564,915	12/03/21	41
AVERAGE				$505,402		16

2 homes sold with a  Seller Assist:

– 609 Columbia Mills Court – $9,610

– 204 W Brookhaven Road – $13,000

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 16 homes listed for sale – 9 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 30, 2021 with an average asking price of $500,362.

Pending home sales rallied in October after a significant slump the month before, as the housing market kept churning along on one of its strongest years in recent memory.

The number of contract signings in October rose 7.5% after slipping in September, resting a bit below where they were the same time last year, according to the latest report from the National Association of Realtors. The previous month, pending sales had declined by 2.3%.

“The notable gain in October assures that total existing-home sales in 2021 will exceed 6 million, which will shape up to be the best performance in 15 years,” NAR Chief Economist Lawrence Yun said in a statement.

The trade group’s Pending Home Sales Index – which uses contract signings as a leading indicator for future home sales – was 125.2 last month, up 7.5% from the month before but down 1.4% from this time last year.

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Wallingford Market Snapshot – 16 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$500,362	$452,450	$169,999	$1,150,000	48

Single Home Market Snapshot – 11 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$636,800	$549,000	$299,000	$1,150,000	60

Condo Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$179,500	$187,000	$172,000	$187,000	6

Twin Home Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$178,499	$178,499	$169,999	$186,999	36

Townhouse Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$285,000	$285,000	$285,000	$285,000	27

4 Wallingford PA homes 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

40 homes are Under Contract at this time

2 Wallingford PA homes sold last week

Wallingford Homes Sold November 22, 2021 To November 28, 2021

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
312 Plush Mill Road	SNG	4	2.1	$954,500	11/22/21	71
347 Saybrook Lane	TOWN	2	2.1	$234,875	11/23/21	29
AVERAGE				$594,688		50

312 Plush Mill Road sold with a $6,775 Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086