Wallingford PA Homes Sold

Wallingford PA Real Estate – August 16, 2021 To August 22, 2021

August 24, 2021 by admin

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

There are 33 homes listed for sale – 23 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 24, 2021 with an average asking price of $407,391.

Another month, another record-breaking rent price increase. According to the latest Single-Family Rent Index report from CoreLogic released on Tuesday, rent for a single-family home increased by 7.5% year over year in June. Last month, that number was at 6.6%.

Once again, such growth is unparalleled since 2005 in large part due to the inventory shortage affecting almost all of the country. According to CoreLogic’s analysis, 85 percent of renters would prefer a single-family home while the number of properties available has struggled to keep up with demand. This is causing the steep rise in prices observed most dramatically in cities like Phoenix, where prices rose 16.5% in June, and Las Vegas, where they rose by 12.9%.

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Wallingford Market Snapshot – 33 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$407,391	$425,000	$129,900	$990,000	31

Single Home Market Snapshot – 20 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$487,980	$491,950	$180,000	$990,000	32

Townhouse Market Snapshot – 4 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$389,200	$453,900	$140,000	$509,000	38

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$253,950	$253,950	$210,000	$297,900	27

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$231,371	$239,999	$129,900	$300,000	26

2 Wallingford PA homes went under contract

4 new listings came onto the market

No listings were withdrawn from the market

2 listings were temporarily taken off the market

1 listing expired

38 homes are Under Contract at this time

6 Wallingford PA homes sold

**Wallingford Homes Sold August 16, 2021 To August 22, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
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
AVERAGE				$429,667		7

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 2, 2021 To August 15, 2021

August 17, 2021 by admin

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

There are 34 homes listed for sale – 22 Active listings and 12 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 17, 2021 with an average asking price of $400,744.

Housing affordability continues to be a struggle for the real estate industry.

According to the NAHB/Wells Fargo Housing Opportunity Index, 43.4% of existing homes sold from the beginning of April through the end of June 2021 were not affordable to families who earned the median income in the country, which is $79,900. While 56.6% of existing homes sold in the second quarter were affordable, that is down 6.5% from 63.1% in the first quarter of 2021. The median home price skyrocketed to over $350,000 in the second quarter, an increase of $30,000 from the first quarter of 2021, making it the largest jump since the HOI was established in the first quarter of 2012. Housing affordability is now at its lowest level in nearly a decade.

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Wallingford Market Snapshot – 34 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$400,744	$384,500	$129,900	$990,000	29

Single Home Market Snapshot – 19 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$493,742	$489,000	$180,000	$990,000	32

Townhouse Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$348,617	$377,900	$140,000	$509,000	24

Condo Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$297,900	$297,900	$297,900	$297,900	43

Twin Home Market Snapshot – 8 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$231,825	$239,950	$129,900	$300,000	25

7 Wallingford PA homes went under contract

7 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

33 homes are Under Contract at this time

10 Wallingford PA homes sold

**Wallingford Homes Sold August 2, 2021 To August 15, 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
AVERAGE				$392,907		11

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 2021

August 14, 2021 by admin

The temperature of the market in July matched the mid summer weather – hot. There were 27 closed transactions during the month with the average selling price being $446,605 – which is a 2.0% decrease compared to last year.

Highlights:

– 16 homes – 59% – sold for over asking price

– 4 homes sold for asking price

– 7 homes sold below asking price

– On average homes that sold in July sold for 103.9% of asking price

– 17 homes sold in 7 days or less

– The average Days On Market was just 13

July’s 27 sales consisted of 16 single family homes, 4 townhomes, 4 twins, and 3 condos, with a total of $12,058,345 of real estate changing hands during the month.

There were 16 single family homes sold in July – compared with 20 last year – with an average price of $548,393, a price that is over $70K higher than last year. Singles averaged 15 days on the market.

The highest selling price for the month was $1,050,000 for 303 Copples Lane.

A total of 21 homes went under contract during July 2021 with an average asking price of $371,238. Fifteen singles, 3 condos, and 3 townhouses were sold during the month.

There are 16 settlements scheduled in August, 6 in September, 3 in October, 2 in December, and 6 new construction homes in 2022

Seven months into the year sales are up 14.8% compared to 2020’s first 7 months with 132 closed transactions versus 115 last year. The average sale price increased 11.1% over last year averaging $413,856.

**Wallingford Homes Sold July 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
410 N Providence Road	SNG	7	6.0	$990,000	07/01/21	28
501 Springhaven Road	SNG	4	2.0	$540,000	07/08/21	3
712 Columbus Court	TWIN	3	2.1	$300,000	07/08/21	9
631 W Wiltshire Drive	TWIN	3	2.0	$325,000	07/12/21	6
319 Austin Court	TWIN	2	1.0	$140,000	07/12/21	24
373 Saybrook Lane	TOWN	3	2.1	$303,000	07/15/21	5
209 Glendale Road	SNG	5	2.1	$565,000	07/15/21	4
303 Copples Lane	SNG	6	4.1	$1,050,000	07/15/21	6
11 Furness Lane	SNG	4	3.2	$700,000	07/15/21	6
601 W Wiltshire Drive	TWIN	3	2.1	$300,000	07/15/21	5
105 E Brookhaven Road	SNG	6	3.1	$775,000	07/15/21	19
601 Columbia Mills Court	TOWN	3	2.1	$445,000	07/16/21	5
314 Prichard Lane	SNG	4	3.0	$580,516	07/19/21	6
834B Putnam Blvd	CONDO	2	1.0	$140,000	07/19/21	12
1308 Putnam Blvd	TOWN	2	2.1	$300,000	07/20/21	5
510 Georgetown Road	SNG	3	2.0	$430,000	07/20/21	8
201 E Rose Valley Road	SNG	4	2.1	$545,929	07/20/21	7
912 Winding Lane	SNG	3	2.1	$592,500	07/22/21	4
800 Avondale Road #4M	CONDO	1	1.0	$150,000	07/23/21	5
655 Niblick Lane	TOWN	2	2.1	$350,000	07/23/21	20
212 Walnut Lane	SNG	2	1.0	$189,000	07/23/21	100
504 Georgetown Road	SNG	4	2.1	$600,000	07/26/21	15
800 Avondale Road #2D	CONDO	3	2.0	$206,500	07/27/21	9
118 Chestnut Parkway	SNG	3	1.0	$285,000	07/27/21	5
303 Highland Avenue	SNG	3	2.0	$406,000	07/28/21	11
607 Media Parkway	SNG	3	1.1	$365,000	07/29/21	5
906 S Providence Road	SNG	3	2.0	$474,000	07/30/21	6
AVERAGE				$446,605		13

* DOM = Days On Market

6 of 27 homes sold with a Seller Assist:

– 201 E Rose Valley Road – $16,378

– 510 Georgetown Road – $6,513

– 912 Winding Lane – $6,500

– 721 Columbus Court – $3,825

– 601 W Wiltshire Drive – $1,500

– 303 Highland Avenue – $4,800

Financing Methods

– Conventional Mortgage – 21 transactions

– Cash – 6 transactions

**WALLINGFORD SINGLE HOMES SOLD – JULY 2021 – 16 SALES**
Avg Price	Median Price	Low	High	DOM*
$548,393	$555,465	$189,000	$1,050,000	15

**WALLINGFORD TOWNHOUSES SOLD – JULY 2021 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$352,000	$326,500	$300,000	$455,000	9

**WALLINGFORD CONDOS SOLD – JUNE 2021 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$165,500	$150,000	$140,000	$206,500	9

**WALLINGFORD TWINS SOLD – JULY 2021 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$266,250	$300,000	$140,000	$325,000	11

**WALLINGFORD – JULY 2020 VS JULY 2021**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2020	23	$455,631	44	97.3%	99.4%
2021	27	$446,605	13	103.9%	103.1%
	17.4%	-2.0%	-70.5%	6.6%	3.7%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 26, 2021 To August 1, 2021

August 3, 2021 by admin

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

There are 36 homes listed for sale – 24 Active listings and 12 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 3, 2021 with an average asking price of $419,575.

More inventory may be on the way, thanks to the COVID-19 vaccine. Nearly one-third of agents reported that the vaccine is impacting the market, most specifically, that sellers’ health concerns about the prevalence of the virus and having people in and out of their homes is dropping. Nearly half of agents surveyed said they have seen sellers take advantage of the market even though they hadn’t planned to list and 48% said they anticipate more homes to hit the market over the summer and through the fall. Specifically, 61% said they think almost-retirees will move or downsize a little earlier than planned to earn more on the sale of their home and 59% said empty nesters will list earlier than expected and use the money to relocate. And with more companies going fully remote, 43% expect remote workers to list their homes and move somewhere less expensive.

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Wallingford Market Snapshot – 36 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$419,575	$405,000	$119,900	$990,000	25

Single Home Market Snapshot – 21 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$519,029	$499,000	$180,000	$990,000	29

Townhouse Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$349,600	$377,900	$145,900	$509,000	14

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$208,900	$208,900	$119,900	$297,900	21

Twin Home Market Snapshot – 7 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$241,386	$239,900	$129,900	$320,000	26

4 Wallingford PA homes went under contract

6 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

45 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold July 26, 2021 To August 1, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
504 Georgetown Road	SNG	4	2.1	$600,000	07/26/21	15
800 Avondale Road #2D	CONDO	3	2.0	$206,500	07/27/21	9
118 Chestnut Parkway	SNG	3	1.0	$285,000	07/27/21	5
607 Media Parkway	SNG	3	1.1	$365,000	07/29/21	5
AVERAGE				$364,125		9

No homes sold with a Seller Assist:

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 19, 2021 To July 25, 2021

July 27, 2021 by admin

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

There are 32 homes listed for sale – 22 Active listings and 10 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 27, 2021 with an average asking price of $412,494.

After four consecutive months of declines, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains.

Sales climbed 22.9% year over year, up from 4.77 million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 million units

View all Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 32 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$412,494	$397,500	$119,900	$990,000	263

Single Home Market Snapshot – 18 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$511,983	$524,950	$180,000	$990,000	33

Townhouse Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$350,267	$377,900	$149,900	$509,000	10

Condo Market Snapshot – 2 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$208,900	$208,900	$119,900	$297,900	18

Twin Home Market Snapshot – 6 Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$224,117	$249,950	$129,900	$320,000	24

7 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

No listings expired

42 homes are Under Contract at this time

9 Wallingford PA homes sold last week

**Wallingford Homes Sold July 19, 2021 To July 25, 2021**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
314 Prichard Lane	SNG	4	3.0	$580,516	07/19/21	6
834B Putnam Blvd	CONDO	2	1.0	$140,000	07/19/21	12
1308 Putnam Blvd	TOWN	2	2.1	$300,000	07/20/21	5
510 Georgetown Road	SNG	3	2.0	$430,000	07/20/21	8
201 E Rose Valley Road	SNG	4	2.1	$545,929	07/20/21	7
912 Winding Lane	SNG	3	2.1	$592,500	07/22/21	4
800 Avondale Road #4M	CONDO	1	1.0	$150,000	07/23/21	5
655 Niblick Lane	TOWN	2	2.1	$350,000	07/23/21	20
212 Walnut Lane	SNG	2	1.0	$189,000	07/23/21	100
AVERAGE				$364,216		19

3 homes sold with a Seller Assist:

– 510 Georgetown Road – $6,513

– 201 E Rose Valley Road – $16,378

– 912 Winding Lane- $6,500

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus