Wallingford PA Homes Sold

Wallingford PA Real Estate – November 6, 2023 To November 12, 2023

November 14, 2023 by admin

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

There are 22 homes listed for sale – 19 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 14, 2023 with an average asking price of $560,494.

First-time buyers made up 32% of all home buyers, up from last year’s historic low of 26%, but still below the average of 38% since 1981

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Wallingford Market Snapshot – 23 Listings
*19 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$560,494	$525,000	$219,000	$1,300,000	33

Single Home Market Snapshot – 18 Listings
*15 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$605,306	$539,950	$275,000	$1,300,000	33

Twin Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$409,900	$409,900	$409,900	$409,900	1

Townhouse Market Snapshot – 4 Listings
*3 -Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$396,490	$408,480	$219,000	$550,000	41

2 Wallingford PA homes 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No listings were withdrawn from the market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

17 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold November 6, 2023 To November 12, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
521 South Media Way	TOWN	2	2.0	$370,000	11/07/23	7
836B Putnam Blvd	CONDO	2	1.0	$211,000	11/07/23	3
1179 Putnam Blvd	TOWN	2	2.1	$242,499	11/09/23	8
124 Westminster Drive	SNG	4	1.1	$484,000	11/10/23	79
AVERAGE				$326,875		24

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 2023

November 7, 2023 by admin

October saw the second consecutive decline in sales year over year with 9 closed transactions vs 14 last year. The average selling price came in at $564,398 which was $141,041 higher than last year’s average and amounts to a 33.3% increase. Sales this month consisted of 5 singles, 3 townhouses, and 1 twin.

Five single family homes sold in October with an average price of $758,916- a large substantial increase in price of 43.9% compared to last year – and averaged 9 days on the market, with 4 of the singles selling in 14 days or less.

100 Sycamore Lane had the highest selling price for the month at $1,300,000.

After 10 months of the year the number of closed transactions stands at 137 vs 190 for the same time period last year. The average selling price for the first 10 months of this year stands at $461,967 vs $434,834 last year, which represents a 6.2% increase.

Sixteen listings went under contract during the month – 7 single family homes, 4 townhomes, 1 condo, and 4 twins with an average asking price of $469,537 and an average of 23 Days On Market.

There are 13 settlements scheduled in November, 3 in December, and 1 in January 2024.

**Wallingford Homes Sold October 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
100 Sycamore Lane	SNG	4	3.1	$1,300,000	10/06/23	17
945 Putnam Blvd	TOWN	3	2.1	$345,000	10/10/23	2
240 Canterbury Drive	SNG	4	2.1	$555,900	10/10/23	14
25 Chester Road	SNG	3	2.0	$400,000	10/10/23	4
1144 Putnam Blvd	TOWN	3	2.1	$305,000	10/23/23	5
512 South Media Way	TOWN	2	2.0	$370,000	10/26/23	6
225 Sykes Lane	SNG	4	2.1	$788,678	10/30/23	7
616 E Wiltshire Drive	TWIN	3	2.1	$265,000	10/31/23	4
747 Windsor Place	SNG	4	2.1	$750,000	10/31/23	3
AVERAGE				$564,398		7

1 of 9 transactions settled with a Seller Assist:

– 25 Chester Road – $1,425

Financing Methods

– Conventional Mortgage – 5 transactions

– Cash – 3 transactions

– VA Mortgage – 1 transaction

**WALLINGFORD SINGLES SOLD – OCTOBER 2023 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$758,916	$750,000	$400,000	$1,300,000	9

**WALLINGFORD TWINS SOLD – OCTOBER 2023 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$265,000	$265,000	$265,000	$265,000	4

**WALLINGFORD TOWNHOUSES SOLD – OCTOBER 2023 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$340,000	$345,000	$305,000	$370,000	4

**WALLINGFORD – OCTOBER 2021 VS OCTOBER 2022**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	14	$423,357	16	100.1%	102.0%
2023	9	$564,398	7	103.1%	103.6%
	-35.7%	33.3%	-56.3%	3.0%	1.6%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 30, 2023 To November 5, 2023

November 7, 2023 by admin

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

There are 19 homes listed for sale – 13 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on November 7, 2023 with an average asking price of $579,556.

Contracts to buy U.S. existing homes rose unexpectedly in September despite elevated mortgage rates that continue to create gridlock in the housing market, according to a report published on Thursday.

The National Association of Realtors pending home sales index rose 1.1% to 72.6 from 71.8 in August, the largest increase since January. Economists polled by Reuters had expected a decline of 1.8%.

On a year-over-year basis, pending home sales were down 11%.

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Wallingford Market Snapshot – 19 Listings
*13 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$579,556	$525,000	$219,000	$1,300,000	35

Single Home Market Snapshot – 13 Listings
*10 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$663,900	$589,000	$275,000	$1,300,000	36

Twin Home Market Snapshot – 1 Listing
*No Active 1- Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$424,900	$424,900	$424,900	$424,900	53

Townhouse Market Snapshot – 5 Listings
*3 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$391,192	$370,000	$219,000	$550,000	30

2 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

1 listing expired

11 homes are Under Contract at this time

6 Wallingford PA home sold last week

**Wallingford Homes Sold October 30, 2023 To November 5, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
225 Sykes Lane	SNG	4	2.1	$788,678	10/30/23	7
616 E Wiltshire Drive	TWIN	3	2.1	$265,000	10/31/23	4
747 Windsor Place	SNG	4	2.1	$750,000	10/31/23	3
624 Morris Lane	SNG	4	3.0	$565,000	11/01/23	26
701 Raleigh Court	ROW	3	1.0	$180,000	11/03/23	5
807 Washington Avenue	TWIN	3	1.1	$370,900	11/03/23	68
AVERAGE				$486,596		19

807 Washington Avenue sold with a $11,000 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 23, 2023 To October 29, 2023

October 31, 2023 by admin

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

There are 18 homes listed for sale – 10 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 31, 2023 with an average asking price of $549,250.

In some further bad news for the housing market on October 26, 2023 the 30-year fixed mortgage interest rate surpassed the historical average since 1971 of 7.74%. The rate now sits at 7.79%, up from 7.63% last week

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Wallingford Market Snapshot – 18 Listings
*10 – Active 8- Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$549,250	$497,500	$180,000	$1,300,000	41

Single Home Market Snapshot – 10 Listings
*7 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$670,770	$514,950	$439,000	$1,300,000	47

Twin Home Market Snapshot – 2 Listings
*No Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$392,400	$392,400	$359,900	$424,900	61

Townhouse Market Snapshot – 6 Listings
*3 -Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$399,000	$447,500	$180,000	$550,000	24

4 Wallingford PA homes went under contract

2 new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

22 homes are Under Contract at this time

2 Wallingford PA home sold last week

**Wallingford Homes Sold October 23, 2023 To October 29, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1144 Putnam Blvd	TOWN	3	2.1	$305,000	10/23/23	5
512 South Media Way	TOWN	2	2.0	$370,000	1/26/23	6
AVERAGE				$337,500	$337,500	6

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 16, 2023 To October 22, 2023

October 24, 2023 by admin

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

There are 20 homes listed for sale – 13 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 24, 2023 with an average asking price of $515,020.

At the national level, housing affordability fell in August compared to the previous month, according to NAR’s Housing Affordability Index. The monthly mortgage payment increased by 2.9% compared to the prior month, while the median price of single-family homes declined modestly by 0.8%. The monthly mortgage payment increased by $63 from last month.

Compared to one year ago, affordability fell in August as the monthly mortgage payment climbed 26.2% and median family income rose 4.7%. The effective 30-year fixed mortgage rate was 7.15% this August compared to 5.29% one year ago. Nationally, mortgage rates were up 186 basis points from one year ago (one percentage point equals 100 basis points). Mortgage rates moved above 7% for the first time since July 2001. The median existing-home sales price rose 3.6% from ($416,000) one year ago ($401,500).

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Wallingford Market Snapshot – 20 Listings
*13 – Active 7- Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$515,020	$470,000	$180,000	$1,300,000	39

Single Home Market Snapshot – 11 Listings
*9 – Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$625,154	$500,000	$319,000	$1,300,000	45

Twin Home Market Snapshot – 3 Listings
*1 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$403,223	$424,900	$359,900	$424,900	51

Townhouse Market Snapshot – 6 Listings
*3 -Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$369,000	$370,000	$180,000	$550,000	21

1 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

19 homes are Under Contract at this time

No Wallingford PA home sold last week

**Wallingford Homes Sold October 16, 2023 To October 22, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
– No Homes Sold –
AVERAGE

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus