Wallingford PA Homes Sold

Wallingford PA Real Estate – September 13, 2021 To September 19, 2021

September 21, 2021 by admin

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

There are 32 homes listed for sale – 26 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 21, 2021 with an average asking price of $429,269.

Homebuyers aren’t the only ones having a tough time in the housing market. Rental prices that remained flat during the pandemic are now soaring as landlords are raising rents while desperate tenants offering to pay extra are pushing prices even higher.

For the first time on record, rental price growth rose by double digits, increasing 11.5% year over year to a median $1,633 in August, according to a recent Realtor.com® report. That’s three times the growth seen before COVID-19 struck in March 2020.

Rental prices are now rising faster than the prices for homes for sale. (Median home list prices rose 8.6% in August, according to Realtor.com.)

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 32 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$429,269	$437,450	$125,000	$990,000	33

Single Home Market Snapshot – 20 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$542,915	$507,450	$239,999	$990,000	34

Townhouse Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$242,000	$242,000	$234,900	$249,900	8

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$249,950	$249,950	$199,900	$299,000	27

Twin Home Market Snapshot – 8 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$236,825	$239,900	$125,000	$379,900	38

5 Wallingford PA homes went under contract

8 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

No listings expired

39 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold September 13, 2021 To September 19, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
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
AVERAGE				$470,418		17

1 home sold with a Seller Assist:

– 217 Walnut Road – $,300

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 6, 2021 To September 12, 2021

September 14, 2021 by admin

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

There are 28 homes listed for sale – 22 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 14, 2021 with an average asking price of $418,100.

The housing market continues to be active as eager buyers are ready to seize opportunity, submitting offers quickly as homes list and keeping for-sale inventories low. Thus, the new listings metric is a key number to watch. Sellers can still expect near-record prices and quick home sales, while buyers are likely to find greater availability of smaller homes for sale, good news for first-time buyers shopping in this segment.

Key Findings:

The median listing price grew at 8.3% over last year, a sixth consecutive week of single-digit price growth after a 50-week streak of double-digit price growth. While the slower rate of growth is good news for buyers, the median asking price in August was near its record-high July level of $385,000. A shift in the mix of homes for sale toward smaller, more affordable homes should help hold down the growth of prices and create opportunities for homebuyers this fall, particularly first-time purchasers.
New listings–a measure of sellers putting homes up for sale–slipped 8.1%. Housing market trends have improved for buyers largely because we’ve seen more homeowners listing homes for sale this year compared to last. In 20 of the last 24 weeks, we’ve seen more new sellers than 2020 and the gap with a more ‘normal’ 2019 pace has shrunk considerably. This week’s slip could be a temporary set-back as a more normal end-of-summer and back-to-school pattern emerges. This is a figure we’ll watch closely over the next few weeks.
Active inventory continues to fall short and is down 24% from a year ago. An expanding number of new listings had helped stem overall inventory declines, but this week’s slip put that improvement on pause. After shrinking for 21 weeks in a row, overall inventory declines steadied this week at 24 percent. Buyers are still actively looking for homes, ensuring that homeowners deciding to sell will see interest.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 28 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$418,100	$422,000	$199,899	$990,000	36

Single Home Market Snapshot – 17 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$505,971	$499,000	$239,999	$990,000	36

Townhouse Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$384,400	$384,400	$234,900	$461,900	34

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$249,950	$249,950	$199,900	$299,000	20

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$272,800	$239,999	$198,899	$379,900	40

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

1 listing expired

39 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold September 6, 2021 To September 12, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
AVERAGE				$481,875		6

3 homes sold with a Seller Assist:

– 214 Moylan Avenue – $9,750

– 447 Manchester Avenue – $2,000

– 20 Brookside Road – $3,000

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 30, 2021 To September 5, 2021

September 7, 2021 by admin

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

There are 30 homes listed for sale – 22 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on September 7, 2021 with an average asking price of $407,757.

Despite a record high median home sales price, buying a starter home is less expensive than renting in nearly half of markets, realtor.com® found.

In Pennsylvania Pittsburgh was named one of the most affordable places in the country to buy instead of rent. There, buying a starter home compared to renting is 27.7% cheaper or $315 a month less. The median rent for the area is $1,376, compared to a monthly homeownership cost of $995. Rents are up 8.3% compared to last year, while home prices are up 18.9%.

While home prices have been on the rise, so have rent prices, as the report found that rents are up nearly 10% year over year across the U.S. Starter homes are more affordable than the national median home price by more than $100,000, at $192,000 compared to $297,000.

In Philadelphia, it is 9.2% cheaper to buy a starter home than to rent, even though rents have only gone up 3.5% year over year, a starter home will save consumers close to $150 a month compared to renting

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 30 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,757	$379,000	$199,899	$990,000	32

Single Home Market Snapshot – 18 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$488,972	$491,950	$239,999	$990,000	33

Townhouse Market Snapshot – 3 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$380,900	$445,900	$234,900	$461,900	35

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$249,950	$249,950	$199,900	$299,000	13

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$255,657	$239,999	$198,899	$310,000	35

4 Wallingford PA homes 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

1 listing expired

40 homes are Under Contract at this time

3 Wallingford PA homes sold

**Wallingford Homes Sold August 23, 2021 To August 29, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
110 Walker Lane	SNG	5	4.1	$768,000	08/30/21	5
110 Chestnut Lane	SNG	5	3.0	$703,499	08/31/21	9
105 Willow Road	SNG	3	1.0	$311,000	09/01/21	12
AVERAGE				$594,166		9

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 2021

September 5, 2021 by admin

16th Green Of Springaven Country Club Under Reconstruction

The average sales price for August came in at $421,739 representing a 16.6% increase compared to last year. The 25 sales were comprised of 18 single family homes, 3 townhomes, 2 condos, and 2 twin homes.

Eighteen single family homes sold for an average price of $507,421 and averaged just 6 days on the market. Last August 24 single family homes sold for an average price of $447,971 with an average of 29 days on the market.

The highest selling price for the month was $768,000 for 110 Walker Lane.

Twenty three homes went under contract during the month – 12 single family homes, 6 condos, 3 townhomes, and 2 twins. The average asking price was $407,085 and these listings averaged 15 days on the market.

Upcoming settlements – 14 in September, 8 in October, and 3 in December, 3 in January 2022, 2 in February, and 3 new construction homes in March.

**Wallingford Homes Sold August 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
102 Quaint Road	SNG	3	2.1	$615,570	08/04/21	5
307 Marlyn Lane	SNG	4	3.1	$720,000	08/04/21	4
714 Pennsylvania Avenue	SNG	2	1.0	$155,000	08/09/21	3
613 Georgetown Road	SNG	3	1.1	$375,000	08/09/21	9
609 E Wiltshire Drive	TWIN	4	3.1	$335,000	08/10/21	57
722A Putnam Blvd	CONDO	2	1.0	$112,500	08/11/21	13
310B Saybrook Lane	CONDO	2	1.0	$137,500	08/11/21	6
207 Fairfield Drive	SNG	4	2.1	$413,500	08/12/21	4
313 Colonial Drive	SNG	5	3.2	$715,000	08/12/21	5
303 Cooper Drive	SNG	3	2.1	$350,000	08/13/21	4
793 Pennsylvania Avenue	SNG	2	2.0	$85,000	08/13/21	0
439 New Jersey Avenue	SNG	2	1.0	$148,000	08/17/21	3
36 Waterford Way	SNG	4	2.1	$526,000	08/18/21	18
1049 Putnam Blvd	TOWN	3	2.2	$310,000	08/18/21	6
510 Morris Lane	SNG	3	2.1	$477,500	08/19/21	5
1156 Putnam Blvd	TOWN	2	2.1	$210,000	08/19/21	3
505 Oakcrest Lane	SNG	4	2.1	$621,500	08/20/21	6
608 School Lane	SNG	4	2.1	$495,000	08/20/21	6
202 Copples Lane	SNG	4	2.1	$715,000	08/23/21	4
111 Ash Road	SNG	3	1.1	$165,000	08/24/21	1
10 Irving Road	SNG	3	2.0	$529,000	08/24/21	5
1007 Putnam Blvd	TOWN	2	2.1	$219,900	08/25/21	9
101 Kershaw Road	SNG	4	2.0	$641,000	08/27/21	6
110 Walker Lane	SNG	5	4.1	$768,000	08/30/21	5
110 Chestnut Lane	SNG	5	3.0	$703,499	08/31/21	6
AVERAGE				$421,739		8

* DOM = Days On Market

1 of 25 homes sold with a Seller Assist:

– 793 Pennsylvania Avenue – $2,550

Financing Methods

– Conventional Mortgage – 14 transactions

– Cash – 9 transactions

– VA Mortgage – 1 transaction

**WALLINGFORD SINGLE HOMES – AUGUST 2021 – 18 SALES**
Avg Price	Median Price	Low	High	DOM*
$507,421	$527,500	$115,000	$768,000	6

**WALLINGFORD TOWNHOMES – AUGUST 2021 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$246,633	$219,900	$210,000	$310,000	6

**WALLINGFORD CONDOS – AUGUST 2021 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$125,000	$125,000	$112,500	$137,500	10

**WALLINGFORD TWIN HOMES – AUGUST 2021 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$210,000	$210,000	$85,000	$335,000	29

**WALLINGFORD – AUGUST 2020 VS AUGUST 2021**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2020	36	$361,761	27	98.9%	99.6%
2021	25	$421,739	8	104.3%	104.5%
	-31.0%	16.6%	-70.4%	5.4%	4.9%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 23, 2021 To August 29, 2021

August 31, 2021 by admin

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

There are 33 homes listed for sale – 26 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 31, 2021 with an average asking price of $407,418.

U.S. home prices rose 4.9% from the first quarter of 2021 to the second quarter of 2021, and escalated 17.4% from the previous year, according to the Federal Housing Finance Agency’s (FHFA) quarterly home price index report released on Tuesday.

Meanwhile, the seasonally adjusted monthly index for June was up 1.6% from the previous month.

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 33 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,418	$419,000	$139,999	$990,000	33

Single Home Market Snapshot – 19 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$488,500	$489,000	$245,000	$990,000	36

Townhouse Market Snapshot – 3 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$472,267	$461,900	$445,900	$509,000	43

Condo Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$236,725	$253,950	$139,999	$299,000	18

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$257,085	$239,999	$129,900	$320,000	29

5 Wallingford PA homes went under contract

5 new listings came onto the market

1 listing was withdrawn from the market

No listings were temporarily taken off the market

No listings expired

37 homes are Under Contract at this time

5 Wallingford PA homes sold

**Wallingford Homes Sold August 23, 2021 To August 29, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
202 Copples Lane	SNG	4	2.1	$715,000	08/23/21	4
111 Ash Road	SNG	3	1.1	$165,000	08/24/21	1
10 Irving Road	SNG	3	2.0	$529,000	08/24/21	5
1007 Putnam Blvd	TOWN	2	2.1	$219,900	08/25/21	9
101 Kershaw Road	SNG	4	2.0	$641,000	08/27/21	6
AVERAGE				$429,667		7

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus