There were 17 closed transactions in Wallingford during February which represents an increase of over 50% compared to last year. The average selling price rose 5.1% to $385,194.

Nine single family homes sold for an average price of $501,222 during the month and averaged 22 Days On the Market. Last February recorded 5 single home sales selling for an average price of $523,800 and spent an average of 84 Days On the Market.

507 Moylan Avenue had the highest selling price of the month at $1,200,000.

Fourteen listings went under contract during the month – 11 single family homes, 2  townhouses, and 1 condo – with an average asking price of $548,239 and an average of 15 Days On the Market.

There are 33 future settlements scheduled – 15 in March, 6 in April, 4 in May, and 8 new homes at Media Walk scheduled to settle from June to December.

Sales year to date are behind the pace of last year by 4 homes, with 27 closed transactions for the first 2 months of 2022 compared to 31 last year. The average selling price of $415,566 is a 7.9% increase compared to last year.

Wallingford PA Closed Transactions February 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
209 Willow Road	SNG	3	1.1	$223,000	02/03/22	83
509 S Media Way	TOWN	3	2.0	$573,395	02/03/22	16
1041 Putnam Blvd	TOWN	3	2.1	$285,000	02/04/22	45
101 Possum Hollow Road	SNG	4	2.1	$825,000	02/09/22	11
4 Irving Road	SNG	2	2.0	$225,000	02/10/22	5
508 Morris Lane	SNG	3	2.0	$402,000	02/10/22	9
9 E Rose Valley Road	SNG	3	1.1	$290,000	02/11/22	37
208 Willow Road	SNG	3	1.1	$365,000	02/15/22	5
783 Pennsylvania Avenue	TWIN	2	1.0	$160,000	02/16/22	89
700 Avondale Road #PH4	CONDO	3	2.0	$127,000	02/22/22	7
115 Beech Road	SNG	3	2.0	$396,000	02/24/22	43
800 Avondale Road #7C	CONDO	2	2.0	$164,900	02/25/22	3
704 Hartford Court	TWIN	3	1.1	$172,000	02/25/22	25
712 Pennsylvania Avenue	TWIN	4	2.0	$239,999	02/25/22	21
1370 Putnam Blvd	TOWN	3	2.1	$315,000	02/25/22	4
507 Moylan Avenue	SNG	5	2.1	$1,200,000	02/28/22	6
310 Marlyn Lane	SNG	4	3.0	$585,000	02/28/22	3
AVERAGE				$385,194		24

* DOM = Days On Market

1 of 10 transactions had a Seller Assist:

– 800 Avondale Road #7C – $1,200

Financing Methods

– Conventional Mortgage – 7 transactions

– Cash – 3 transactions

WALLINGFORD SINGLE HOMES – FEBRUARY 2022 – 9 SALES

Avg Price	Median Price	Low	High	DOM*
$501,222	$396,000	$223,000	$1,200,000	22

WALLINGFORD TWINS – FEBRUARY 2022 – 3 SALES

Avg Price	Median Price	Low	High	DOM*
$190,666	$172,000	$160,000	$239,999	45

WALLINGFORD TOWNHOUSES – FEBRUARY 2022 – 3 SALES

Avg Price	Median Price	Low	High	DOM*
$391,132	$315,000	$285,000	$573,395	22

WALLINGFORD CONDOS – FEBRUARY 2022 – 2 SALES

Avg Price	Median Price	Low	High	DOM*
$145,950	$145,950	$127,000	$164,900	5

 

WALLINGFORD – FEBRUARY 2021 VS FEBRUARY 2022

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	10	$366,450	50	99.3%	99.1%
2022	17	$385,194	24	100.1%	99.4%
	70.0%	5.1%	-52.0%	0.8%	0.3%

Wallingford PA Real Estate – Wallingford, PA 19086

Sales for January 2022 fell short of last year’s total by 11 homes. There were 10 sales in January 2022 that sold for an average price of $467,200 – a 18.5% increase over last year. January sales consisted of 9 single family homes, 1 townhouse, and 1 row home. A total of $4,672,000 in real estate changed hands during the month.

January’s 8 single family homes sold for an average price of $545,750 and averaged 49 days on the market. Last January 15 single family homes sold for an average price of $474,013 and averaged just 22 days on the market.

7 Church Road had the highest selling price for the month at $1,020,000.

Nineteen homes went under contract during the month – 9 singles, 4 townhouses, 3 twins, and 3 condos – with an average asking price of $372,255 and an average of 30 Days On Market.

Future settlements – 22 in February, 9 in March, and 6 in June and beyond.

Wallingford Homes Sold January 2022

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
765 Pennsylvania Avenue	ROW	3	1.0	$141,000	01/04/22	7
212 Maple Road	SNG	4	3.1	$355,000	01/04/22	25
211 Canterbury Drive	SNG	4	2.1	$440,000	01/05/22	7
111 W Possum Hollow Road	SNG	5	3.1	$525,000	01/05/22	34
802 Harvey Road	SNG	5	3.1	$725,000	01/06/22	66
7 Church Road	SNG	6	3.2	$1,020,000	01/10/22	0
1057 Putnam Blvd	TOWN	2	2.1	$165,000	01/18/22	5
308 Dogwood Lane	SNG	5	3.2	$650,000	01/21/22	89
1057 Putnam Blvd	TOWN	2	2.1	$165,000	01/18/22	5
308 Dogwood Lane	SNG	5	3.2	$650,000	01/21/22	89
AVERAGE				$467,200		40

* DOM = Days On Market

3 of 10 transactions had a Seller Assist:

– 212 Maple Road – $11,000

– 211 Canterbury Drive – $3,000

– 7 Church Road – $10,600

Financing Methods

– Conventional Mortgage – 8 transactions

– Cash – 2 transactions

WALLINGFORD SINGLE HOMES – JANUARY 2022 – 8 SALES

Avg Price	Median Price	Low	High	DOM*
$545,750	$482,500	$216,000	$1,020,000	49

 

WALLINGFORD TOWNHOUSES – JANUARY 2022 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$165,000	$165,000	$165,000	$165,000	5

WALLINGFORD ROW HOMES – JANUARY 2022 – 1 SALE

Avg Price	Median Price	Low	High	DOM*
$141,000	$141,000	$141,000	$141,000	1

WALLINGFORD – JANUARY 2021 VS JANUARY 2022

	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2021	21	$394,269	29	99.1%	100.8%
2022	10	$467,200	40	97.3%	99.6%
	-52.4%	18.5%	38.0%	-1.8%	-1.2%

* DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086