Real Estate In Wallingford Swarthmore School District

Wallingford PA Real Estate – October 14, 2024 To October 20, 2024

October 22, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 30 homes listed for sale – 22 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 22, 2024 with an average asking price of $593,490.

While a plurality of homebuyers believes that it still isn’t the right time to pull the trigger on homebuying, new data from Fannie Mae shows increasingly positive attitudes towards purchasing a home, primarily due to the recent declines in mortgage rates.

The latest Home Purchase Sentiment Index (HPSI) report from Fannie Mae shows purchase sentiment at its highest level in more than two years, as consumers reported survey-high optimism that mortgage rates will decline over the next 12 months. However many potential homebuyers are still lying in wait due to price concerns.

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Wallingford Market Snapshot – 30 Listings
*22 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$593,490	$530,000	$169,900	$1,259,900	59

Single Home Market Snapshot – 22 Listings
*16 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$708,418	$632,000	$299,900	$1,259,900	61

Twin Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$343,300	$370,000	$250,000	$409,900	29

Townhouse Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$219,900	$219,900	$219,900	$219,900	19

Condo Market Snapshot – 4 Listings
*3 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$242,425	$224,900	$169,900	$350,000	78

4 Wallingford PA home went under contract

2 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

18 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold October 14, 2024 To October 20, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
415 Golfview Road	SNG	4	3.2	$815,000	10/15/24	8
205 Ridgewood Road	SNG	3	1.1	$451,500	10/15/24	9
AVERAGE				$633,250		9

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – 3rd Quarter 2024 Review

October 2, 2024 by admin

A total of 46 homes sold during the 3rd quarter of 2024, up slightly from last year’s total of 45 homes. The average selling rose 11.3% compared to last year coming in at $532,066.

The 32 single family homes that sold during the quarter saw their average selling price increase by 2.3% compared to last year rising from $612,485 to $626,673. Single homes averaged 21 days on the market during the quarter.

So how do sales for the first 9 months of 2024 stack up against last year? Sales at the 3/4 mark are just slightly below last year with 5 less homes sold in the 3rd quarter – 123 homes sold in 2024 vs. 128 homes selling during the first 3 quarters of 2023. The average sales price for the first 9 of 2024 months has increased a robust 18.5% to $538,957 from $454,765.

There were 13 homes sold in July, 19 in August, and 14 in September.

The highest priced home sold in the 3rd quarter was 1208 Sycamore Lane that sold for $1,650,000.

**WALLINGFORD – 3RD QUARTER 2023 VS 3RD QUARTER 2024**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2023	45	$478,063	25	102.9%	105.7%
2024	46	$532,066	16	101.4%	102.3%
	2.2%	11.3%	-36.0%	-1.5%	-3.2%

3RD QUARTER 2024 – SALES BY PRICE RANGE

PRICE RANGE	SALES
> $100,000	0
$100,000 To $200,000	1
$200,000 To $300,000	6
$300,000 To $400,000	15
$400,000 To $500,000	3
$500,000 To $600,000	3
$600,000 To $700,000	8
$700,000 To $800,000	4
$800,000 To $900,000	1
$900,000 To $1,000,000	1
> $1,000,000	3
TOTAL	45

Single Family Homes Sold – 3rd Quarter 2024 – 32 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$626,672	$612,500	$240,000	$1,650,000	21

Townhouses Sold – 3rd Quarter 2024 – 8 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$364,250	$360,000	$305,000	$535,000	3

Condos Sold – 3rd Quarter 2024 – 5 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$222,500	$210,000	$187,500	$280,000	6

Twin Homes Sold – 3rd Quarter 2024 – 1 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$395,000	$395,000	$395,000	$395,000	20

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 2024

October 1, 2024 by admin

Houston Park

The average sales price in September 2024 came in at $514,512 representing a 17.2% increase compared to last year based upon 14 transactions.

The 14 sales were comprised of 11 single family homes, 2 condos, and 1 twin home.

Eleven single family homes sold during the month for an average price of $561,411 and averaged 16 days on the market. Last September 8 single family homes sold for an average of $506,625 with an average of 57 days on the market.

The highest selling price for the month was $1,103,000 for 101 Wisteria Lane.

Eleven homes went under contract during the month – 7 single family homes, 2 condos, 1 twin and 1 townhome. The average asking price was $533,245 and these listings averaged 11 days on the market.

Upcoming settlements – 8 in September and 1 in November – a rather low number of upcoming settlements

At the 3/4 mark of the year there have been 81 transactions this year with an average sales price of $659,760 and 22 days on the market. Last year the there were 80 sales over the first 9 months of 2023 with an average selling price of $574,575 and 33 days on the market.

**Wallingford Homes Sold September 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
709 Windsor Place	SNG	3	1.1	$463,100	09/04/24	4
500 Bancroft Road	SNG	4	2.0	$625,000	09/04/24	4
812 S Providence Road	SNG	3	1.0	$300,000	09/06/24	57
102 Moore Road	SNG	3	1.1	$370,000	09/17/24	5
800 Avondale Road #6N	CONDO	1	1.0	$230,000	09/18/24	7
406 Bickmore Drive	SNG	4	2.1	$600,000	09/18/24	15
101 Wisteria Lane	SNG	4	3.1	$1,103,000	09/18/24	11
218 Engle Drive	SNG	3	1.0	$475,000	09/20/24	2
700 Avondale Road #PH10	CONDO	2	2.0	$280,000	09/20/24	0
413 Osborne Lane	SNG	4	3.0	$648,515	09/24/24	2
510 Media Parkway	SNG	4	2.0	$435,000	09/25/24	17
207 Willow Road	SNG	3	1.1	$375,000	09/25/24	56
619 W Wiltshire Drive	TWIN	3	2.1	$395,000	09/27/24	20
901 Twyckenham Road	SNG	3	2.1	$780,901	09/30/24	4
AVERAGE				$505,751		15

* DOM = Days On Market

Financing Methods

– Conventional Mortgage – 11 transactions

– Cash – 2 transactions

– VA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – SEPTEMBER 2024 – 11 SALES**
Avg Price	Median Price	Low	High	DOM*
$561,411	$475,000	$300,000	$1,103,000	16

**WALLINGFORD CONDOS – SEPTEMBER 2024 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$255,000	$255,000	$230,000	$280,000	4

**WALLINGFORD TWIN HOMES – SEPTEMBER 2024 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$395,000	$395,000	$395,000	$395,000	20

**WALLINGFORD – SEPTEMBER 2023 VS SEPTEMBER 2024**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2023	11	$431,432	44	95.1%	102.0%
2024	14	$505,751	15	103.4%	104.5%
	27.3%	17.2%	-66.0%	8.3%	2.5%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 23, 2024 To September 29, 2024

October 1, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 26 homes listed for sale – 22 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 1, 2024 with an average asking price of $521,929.

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September.

Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points, the first in five months.

This year had originally started out strong for consumers, with a large leap in sentiment back in January and another increase in February. While the spring and summer seasons brought a string of decreases, sentiment has now turned course and risen 3.4% year-over-year.

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Wallingford Market Snapshot – 26 Listings
*22 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$521,929	$462,500	$189,700	$1,150,000	54

Single Home Market Snapshot – 16 Listings
*14 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$675,578	$599,450	$309,900	$1,150,000	64

Townhouse Market Snapshot – 1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$299,000	$299,000	$299,000	$299,000	5

Twin Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$329,950	$329,950	$250,000	$409,900	23

Condo Market Snapshot – 7 Listings
*6 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$257,429	$259,900	$189,700	$350,000	48

3 Wallingford PA home went under contract

3 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

13 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold September 23, 2024 To September 29, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
413 Osborne Lane	SNG	4	3.0	$648,515	09/24/24	2
510 Media Parkway	SNG	4	2.0	$435,000	09/25/24	17
207 Willow Road	SNG	3	1.1	$375,000	09/25/24	56
619 W Wiltshire Drive	TWIN	3	2.1	$395,000	09/27/24	20
AVERAGE				$463,379		24

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 16, 2024 To September 22, 2024

September 24, 2024 by admin

A review of recently sold homes in Wallingford PA and current market statistics for buyers and sellers seeking to stayed informed about the market.

There are 28 homes listed for sale – 20 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 24, 2024 with an average asking price of $559,648.

More signs point to more favorable housing costs this week as average mortgage rates continued to fall, following an aggressive half a point cut to interest rates announced by the Federal Reserve on Wednesday.

The 30-year fixed-rate mortgage (FRM) averaged 6.09% this week, down from 6.20% last week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday.

Here’s a look at this week’s numbers:

The 30-year FRM averaged 6.09% as of September 19, 2024, down from last week when it averaged 6.20%. A year ago at this time, the 30-year FRM averaged 7.19%.
The 15-year FRM averaged 5.15%, down from last week when it averaged 5.27%. A year ago at this time, the 15-year FRM averaged 6.54%.

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Wallingford Market Snapshot – 28 Listings
*20 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$559,648	$500,000	$189,700	$1,150,000	47

Single Home Market Snapshot – 18 Listings
*12 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$716,075	$599,950	$309,900	$1,150,000	53

Townhouse Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$259,450	$259,450	$219,900	$299,000	15

Twin Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$329,950	$329,950	$250,000	$409,900	20

Condo Market Snapshot – 6 Listings
*6 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$267,000	$278,700	$189,700	$350,000	49

4 Wallingford PA home went under contract

3 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

19 homes are Under Contract at this time

5 Wallingford PA homes sold last week

**Wallingford Homes Sold September 16, 2024 To September 22, 2024**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
102 Moore Road	SNG	3	1.1	$370,000	09/17/24	5
800 Avondale Road #6N	CONDO	1	1.0	$230,000	09/18/24	7
406 Bickmore Drive	SNG	4	2.1	$600,000	09/18/24	15
218 Engle Drive	SNG	3	1.0	$475,000	09/20/24	2
700 Avondale Road #PH10	CONDO	2	2.0	$280,000	09/20/24	0
AVERAGE				$391,000		6

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus