WALLINGFORD REAL ESTATE NOVEMBER 2012
November sales posted a disappointing decrease over the same month of the previous year, with 11 Wallingford PA homes sold in November 2012 as opposed to 17 sales in November 2011, a 35% drop in activity. The average sales prices also took a tumble over last year, dropping to $270,082, which is a 17.2% drop.
There were 11 Wallingford PA homes sold in November 2012.
WALLINGFORD PA HOMES SOLD – NOVEMBER 2012
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
604 Rockbourne Mills Ct |
4 |
3.5 |
$360,000 |
69 |
11/01/2012 |
|
410 Moreland Road |
5 |
3.5 |
$525,000 |
153 |
11/01/2012 |
|
419 E Country Club Ln |
3 |
2.5 |
$369,000 |
17 |
11/01/2012 |
|
711 Washington Ave |
3 |
1.5 |
$190,000 |
190 |
11/02/2012 |
|
713 Pine Ridge Road |
4 |
2.5 |
$239,900 |
60 |
11/09/2012 |
|
969 Putnam Blvd |
2 |
2.5 |
$350,000 |
36 |
11/09/2012 |
|
846B Putnam Blvd |
2 |
1.0 |
$105,000 |
13 |
11/15/2012 |
|
800 Avondale Rd PH16 |
1 |
1.0 |
$110,000 |
140 |
11/16/2012 |
|
197 Woodward Road |
5 |
3.5 |
$520,000 |
45 |
11/19/2012 |
|
203 Stanford Drive |
3 |
1.5 |
$245,000 |
22 |
11/20/2012 |
|
1027 Putnam Blvd |
2 |
2.5 |
$170,000 |
64 |
11/30/2012 |
* DOM = Days On Market
These 11 Wallingford PA homes were on the market an average of 74 days, with the average sold price representing 88.63% of the original asking price, a figure that indicates initial over pricing, and 96.12% of the last asking price.
Financing Methods
– Conventional – 7 transactions
– FHA – 2 transactions
– Cash – 2 transactions
A Seller Assist was utilized in 3 of the 11 Wallingford PA homes sold.
– 410 Moreland Road – $15,750
– 711 Washington Avenue – $5,000
– 713 Pine Ridge – $10,000
713 Pine Ridge Road was recorded as a Short Sale.
Wallingford PA Single Homes – November 2012 – 6 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $348,150 | $307,000 | $190,000 | $525,000 | 81 |
Wallingford PA Townhouse/Condos – November 2012 – 5 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $176,400 | $137,000 | $105,000 | $360,000 | 74 |
Wallingford PA November 2012 Activity vs November 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 17 | $326,250 | 119 | 89.15% | 95.08% |
| 2012 | 11 | $270,082 | 74 | 88.63% | 96.12% |
| -35.3% | -17.2% | -37.8% | -0.52% | 1.04% |
Looking ahead to December there are 10 settlements scheduled and 2 due to take place in January 2013.
SWARTHMORE REAL ESTATE – NOVEMBER 2012
4 Swarthmore homes sold during the month of November 2012. Across the board the performance for November 2012 outpaced last year. Average price for all homes was up 22.1%, and Days On Market decreased to by 12.9% to 67 days.
SWARTHMORE PA HOMES SOLD – NOVEMBER 2012
|
Address |
Bed |
Bath |
Price |
DOM* |
Settled |
|
116 Yale Avenue |
4 |
2.0 |
$449,500 |
4 |
11/15/2012 |
|
563 Westminster Ave |
4 |
2.5 |
$275,000 |
13 |
11/19/2012 |
|
801 Yale Avenue – 1106 |
1 |
1.0 |
$83,000 |
126 |
11/30/2012 |
|
525 Walnut Lane |
6 |
4.5 |
$825,000 |
125 |
11/30/2012 |
* DOM = Days On Market
These 4 Swarthmore homes sold for an average price of $408,125, and were on the market an average of 67 days, fetching 95.27% of original asking price, and 98.15% of last asking price.
Three transactions utilized conventional financing, and the other was a cash sale.
525 Walnut Lane had a $1,000 Seller Assist.
Looking ahead to projected activity, December has 5 settlements scheduled, and 1 in January 2013.
Swarthmore PA Single Homes – November 2012 – 3 Sales
| Avg Price | Median Price | Low | High | Days Listed |
| $516,500 | $449,500 | $275,000 | $825,000 | 47 |
Swarthmore PA Townhouse/Condos – November 2012 – 1 Sale
| Avg Price | Median Price | Low | High | Days Listed |
| $83,000 | $83,000 | $83,000 | $83,000 | 126 |
Swarthmore PA November 2012 Activity vs November 2011
| SALES | AVERAGE | DOM | STL TO ORIG | STL TO LAST | |
| 2011 | 3 | $333,967 | 77 | 95.03% | 97.13% |
| 2012 | 4 | $408,125 | 67 | 95.27% | 98.15% |
| 33.3% | 22.1% | -12.9% | 0.24% | 1.02% |
