Wallingford homes for sale

Wallingford Home Profile 2010

January 27, 2011 by admin

Wallingford Homes

What features and characteristics does the “average” home sold in Nether Providence during 2010 possess?

Slightly over 76% of the homes sold during 2010 were single detached family homes, townhomes accounted for 11 sales or 8.8% of Wallingford sales.

A bank owned 6.4% of the inventory sold via foreclosure, translating to 8 of the 125 homes that changed hands last year.

If you purchased a home in our area during 2010 you would have paid an average of $322,253. Your new home would have 3 bedrooms on average with 2 bathrooms.

On the price spectrum, one homeowner paid $44,200 on the low end of the scale, while the high price topped out at $810,328. Take a look at all Wallingford homes or Wallingford towhouses/condos that sold last year.

At 54 years old your home has reached middle age, although 4 homeowners are enjoying a brand new Wallingford home. Harking back to those hot summers days, 76% of the homeowners will enjoy Central Air when the appropriate time comes around again. 60% of those new homeowners would be warming themselves by a fireplace during these snowy days.

59% of new Wallingford homeowners have a garage in their new abode and should be avoiding cleaning snow off of at least one car. The basement will likely be full of moving boxes in 107 of the homes sold – 86%.

Alas our new neighbors would have inherited an average 2010 tax bill of slightly over $7,400 – so much for being average.

Wallingford Real Estate Vs Neighboring Areas

January 26, 2011 by admin

The Philadelphia Inquirer reported this morning that 19 of 20 metropolitan areas that are measured by the Case-Shiller Home Price index, showed price declines during the reporting period of October through November. All real estate is local in nature and unfortunately our local area has seen steeper declines then neighboring areas. Delaware County underperformed the other four area counties for December 2010 versus December 2009, and Nether Providence Township was significantly lower for the same period in the same comparisons. This data is based upon units sold in December 2010 vs December 2009.

December 2010 vs 2009 – 5 Area Counties

Delaware	Bucks	Montgomery	Chester	Philadelphia
–12.4%	-1.9%	0.19%	5.37%	-9.25%

December 2010 vs 2009 – Local vs Area

Nether Providence	Delaware County	5 County Avg
-44.4%	-12.4%	-3.6%

Remodeling Can Pay Off

January 15, 2011 by admin

According to Remodeling magazine’s 2010-2011 “Cost vs. Value Report,” even despite the challenging economy, investing in your home still pays off at resale — and it doesn’t have to cost a lot. The report also showed that home sellers consider first impressions to be a top priority, with nine out of the top 13 projects being exterior replacements that contribute to curb appeal and help attract buyers.

Based on interviews with real estate professionals throughout the country, the Remodeling report found that the top two projects were also the least expensive. A mid-range entry door replacement returns more than 102.1 percent of project costs upon resale, followed by a mid-range garage door replacement, at 83 percent.

While considered upscale, the third-best project, fiber-cement siding replacement, has been a consistently high performer, recouping 80 percent of costs this year, and also showing the smallest cost increase of any project (less than 1 percent).

The right remodeling project, when done well, also has the potential to make for a quicker sale and reduce negotiations with buyers over perceived shortcomings. Access the “Cost vs. Value” website, where you can download data for 80 cities.

Wallingford 2 Bed 2.5 Bath Townhome $199,000 – OPEN SUNDAY Jan 16 1 to 4

January 11, 2011 by admin

Sunlit Finished Basement

Popular Weston Village 2 bedroom 2.5 bath townhome just reduced to $199,000. Full finished basment with walkout to a rear patio, also has an additional room for storage Eat in kitchen, washer and dryer are conveniently located on the second floor. Come and see this home during the Open House – Sunday Jan 16 from 1 to 4.

Positive News For 2011

January 9, 2011 by admin

A new year has arrived, and there are signs everywhere that the economy and the real estate market will be much improved in 2011. From more jobs to increased activity among homebuyers and sellers, it seems there is much to look forward to in the year ahead.

Some of most recent positive news includes:

According to the National Association of Realtors (NAR), sales of existing single-family homes, townhomes, condominiums and co-ops rose 5.6 percent in November.

NAR’s Pending Home Sales Index rose 3.5 percent based on contracts signed in November. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

Businesses added a net total of 103,000 jobs during December, bringing down the unemployment rate to the lowest level since May 2009. It was the largest one-month decline in the nation’s unemployment rate since April 1998.

People started off the year thinking about real estate. Weichert received a record-high number of inquiries from consumers on the first business day of 2011.

Start your search for your Wallingford home.

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Wallingford Homes

S. Clark Kendus