Wallingford PA Homes Sold

Wallingford PA Real Estate – 3rd Quarter 2021 Review

October 13, 2021 by admin

A total of 66 homes sold during the 3rd quarter vs 73 homes sold during the 3rd quarter of 2020 in Wallingford. The average selling price bested last year’s mark by 13.6% coming in at $434,901.

The 46 single family homes that sold during the quarter saw their average selling price increase by 19.2% compared to last year rising from $522,969 to $438,666. Single homes averaged just 12 days on the market during the quarter.

Sales for the year are ahead of last year by 6 homes with 171 Wallingford homes selling during the first 3 quarters of 2021. The average sales price for the first 9 months has increased 14.1% to $416,808 over last last year for the July through September time frame.

There were 27 homes sold in July, 25 in August, and 14 in September.

The highest priced home sold in the 3rd quarter was 303 Copples Lane that sold for $1,050,000.

**WALLINGFORD – 3RD QUARTER 2020 VS 3RD QUARTER 2021**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2020	73	$382,698	36	97.7%	99.2%
2020	66	$434,901	12	103.0%	102.6%
	-10.0%	13.6%	-66.7%	5.3%	3.4%

3RD QUARTER 2021 – SALES BY PRICE RANGE

PRICE RANGE	SALES
< $100,000	1
$100,000 To $200,000	12
$200,000 To $300,000	6
$300,000 To $400,000	12
$400,000 To $500,000	12
$500,000 To $600,000	8
$600,000 To $700,000	5
$700,000 To $800,000	7
$800,000 To $900,000	1
$900,000 To $1,000,000	1
> $1,000,000	1
TOTAL	66

Single Family Homes Sold – 3rd Quarter 2021 – 46 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$522,969	$527,500	$115,000	$1,050,000	12

Townhouses Sold – 3rd Quarter 2021 -7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$306,843	$303,000	$210,000	$455,000	8

Condos Sold – 3rd Quarter 2021 – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$147,333	$138,750	$112,500	$206,500	8

Twin Homes Sold – 3rd Quarter 2021 – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$230,714	$300,000	$85,000	$335,000	17

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 2021

October 12, 2021 by admin

September 2021 sales matched last year’s total with 14 closed transactions. The average price came in at $435,834 compared to last year when the average selling price was $316,718. September sales consisted of 12 single family homes, 1 condo, and 1 townhome.

Twelve single family homes sold for an average price of $486,181 and averaged 17 days on the market. Last September 11 single family homes sold for an average price of $347,300.

121 Walker Lane had the highest selling price for the month at $883,670.

Seventeen listings went under contract during the month – 8 single family homes, 4 twins, 3 townhomes, and 2 condos with an average asking price of $417,933 and an average of 33 Days On Market.

There are are 22 settlements scheduled in October, 6 in November, 8 in December, 3 in January, 5 in Februsry, and 3 in March.

**Wallingford Homes Sold September 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
105 Willow Road	SNG	3	1.0	$311,000	09/01/21	12
214 Moylan Avenue	SNG	4	3.0	$670,000	09/07/21	6
447 Manchester Avenue	SNG	4	2.1	$470,000	09/07/21	4
768A Putnam Blvd	CONDO	2	1.0	$137,500	09/08/21	4
20 Brookside Road	SNG	3	3.1	$650,000	09/08/21	11
217 Walnut Road	SNG	3	1.0	$283,000	09/15/21	0
121 Walker Lane	SNG	6	3.1	$883,670	09/15/21	12
402 Burning Tree Drive	SNG	3	2.0	$425,000	09/15/21	7
102 Lombardy Drive	SNG	3	1.1	$425,000	09/16/21	7
512 Hastings Avenue	SNG	2	1.0	$290,000	09/17/21	11
207 Cricket Lane	SNG	4	2.1	$419,000	09/20/21	31
317 Prichard Lane	SNG	4	2.1	$580,000	09/23/21	10
708 Columbus Court	TWIN	2	1.0	$130,000	09/24/21	20
108 Brent Drive	SNG	5	3.1	$427,500	09/30/21	55
AVERAGE				$435,834		16

* DOM = Days On Market

5 of 14 transactions had a Seller Assist:

– 214 Moylan Road – $9,750

– 447 Manchester Avenue – $2,000

– 20 Brookside Road – $3,000

– 217 Walnut Road – $1,300

– 207 Cricket Lane – $2,145

Financing Methods

– Conventional Mortgage – 9 transactions

– Cash – 3 transactions

– FHA Mortgage – 2 transactions

**WALLINGFORD SINGLE HOMES – SEPTEMBER 2021 – 12 SALES**
Avg Price	Median Price	Low	High	DOM*
$486,181	$426,250	$283,000	$883,670	17

**WALLINGFORD CONDOS – SEPTEMBER 2021 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$137,500	$137,5000	$137,500	$137,500	20

**WALLINGFORD TWINS- SEPTEMBER 2021 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$130,000	$130,000	$130,000	$130,000	4

**WALLINGFORD – SEPTEMBER 2020 VS SEPTEMBER 2021**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2020	14	$316,718	47	95.1%	97.5%
2021	14	$435,834	16	98.9%	98.2%
	0.00%	38.0%	-66.0%	3.8%	0.7%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – October 4, 2021 To October 10, 2021

October 12, 2021 by admin

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

There are 22 homes listed for sale – 16 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 12, 2021 with an average asking price of $502,272.

Most buyers would prefer to stay within their budget and live in a fixer-upper.

According to OpenDoor, 57% of homebuyers said they’d spend within their means for their home without going over, while 43% said they would overbid for a more updated property. However, finding that property has generally been a frustrating experience for buyers, as low inventory impacts their plans. Fifty-seven percent of buyers said they spend more time on real estate apps or looking at houses online than they do on social media.

Unsurprisingly, buyers said they are facing hurdles in their process. So much so, that 38% of potential buyers said they have paused their homebuying search. Nearly 40% cited uncertainty around COVID-19 for their pause, while 35% said the market is intimidating and 24% said there are simply not enough homes on the market. Yet, 22% said they have lost out on several bidding wars, perhaps leaving them burned out.

For those buyers still in the game, they also have concerns. Forty-one percent said they are worried about finding a home in their budget, 38% are worried about overpaying for a home and 37% are concerned about finding the right neighborhood. Even with record low mortgage rates, 30% are afraid they will go up before they can find their next home.

Regardless, buyers also have priorities on what they want in their home. Zillennials, defined as those born between 1993 and 1998, are most likely to want a large backyard, while baby boomers are seeking a modern kitchen. Millennials and Generation X are most likely to want environmentally-friendly features.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 22 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$502,272	$487,000	$170,000	$1,150,000	36

Single Home Market Snapshot – 14 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$669,663	$551,950	$385,000	$1,150,000	43

Townhouse Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$312,450	$267,450	$239,900	$475,000	14

Twin Home Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$211,225	$217,450	$170,000	$239,999	36

4 Wallingford PA homes went under contract

3 new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

48 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold October 4, 2021 To October 10, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
344 Saybrook Lane	CONDO	2	1.0	$140,000	10/05/21	4
738B Putnam Blvd	CONDO	2	1.0	$130,000	10/05/21	9
522 Washington Avenue	TWIN	3	1.1	$370,000	10/06/21	15
AVERAGE				$213,333		9

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 27, 2021 To October 3, 2021

October 5, 2021 by admin

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

There are 24 homes listed for sale – 17 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on October 5, 2021 with an average asking price of $470,931.

Over the next few weeks and months, the long-overheated U.S. housing market is expected to continue to cool off in the bracing chill of autumn.

After a wild year of unprecedented price increases, a worsening shortage of homes for sale, and cutthroat bidding wars where offers six figures over the ask price weren’t uncommon, conditions are finally normalizing. More homes are expected to go up for sale this season just as many would-be buyers are either priced out or so fed up after losing out on home after home that they’re dropping out of the running.

In September, the rate of year-over-year growth was halved, to 8.6%, down from its peak of 17.2% in April, according to Realtor.com® data. This means the median list price of a home grew half as fast as in the spring. Homes also took a bit longer to sell, at about 43 days. While that’s down 11 days from the same month last year and 22 days from 2019, it’s up 6 days from June.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 24 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$470,931	$499,000	$170,000	$990,000	37

Single Home Market Snapshot – 16 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$564,296	$527,450	$180,000	$990,000	42

Townhouse Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$374,450	$274,450	$249,900	$499,000	16

Condo Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$299,900	$299,900	$299,900	$299,900	37

Twin Home Market Snapshot – 5 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$244,960	$239,900	$170,000	$379,900	29

6 Wallingford PA homes went under contract

1 new listing came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

2 listings expired

44 homes are Under Contract at this time

3 Wallingford PA homes sold last week

**Wallingford Homes Sold September 27, 2021 To October 3, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
108 Brent Drive	SNG	5	3.1	$427,500	09/30/21	55
507 Wilder Road	SNG	4	2.1	$530,000	10/01/21	8
715 Kinkaid Mills Lane	TOWN	3	3.1	$509,000	10/01/21	42
AVERAGE				$488,833		35

1 home sold with a Seller Assist:

– 715 Kinkaid Mills Lane – $10,180

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 20, 2021 To September 26, 2021

September 28, 2021 by admin

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

There are 31 homes listed for sale – 22 Active listings and 9 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 28, 2021 with an average asking price of $473,331.

First-time buyers are still struggling with affordability in the market. According to NAR’s Realtors® Confidence Index, the number of first-time buyers dropped to 30%, down from 34% a year ago and 31% in June. First-time buyers are also more likely to not put down a 20% down payment, only 28% did in July. Despite a decrease in competition, homes are still seeing 4.5 offers on average, and properties are still moving quickly off of the market, they typically last 17 days, compared to 22 days a year ago. Homes are also receiving about four tours on average.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 31 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$473,331	$494,900	$170,000	$990,000	36

Single Home Market Snapshot – 20 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$581,243	$527,450	$285,000	$990,000	37

Townhouse Market Snapshot – 3 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$327,933	$249,900	$234,900	$499,000	9

Condo Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$299,900	$299,900	$299,900	$299,900	30

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$252,100	$239,900	$170,000	$379,900	47

7 Wallingford PA homes went under contract

3 new listings came onto the market

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

46 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold September 20, 2021 To September 26, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
207 Cricket Lane	SNG	4	2.1	$419,000	09/20/21	31
317 Prichard Lane	SNG	4	2.1	$580,000	09/23/21	10
AVERAGE				$499,500		21

1 home sold with a Seller Assist:

– 207 Cricket Lane- $2,145

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus