Wallingford PA Monthly Review

Wallingford PA Real Estate – October 2018

November 6, 2018 by admin

Halloween On Providence Road

October was a scary month for home sales in Wallingford PA. A total of 11 sales were recorded for the month which represents a 5 home decrease over last year. The average selling price declined 24.2% when compared to last year averaging $221,364. October sales consisted of 4 single family homes, 4 condos, 2 row homes, and 1 twin home. A total of $2,435,000 real estate changed hands during the month.

October’s 4 single family homes sold for an average price of $385,625 and averaged 30 days on the market. Last October 10 single family homes sold for an average price of $375,690 and spent an average of 68 days on the market. This is a 2.6% increase in the average selling price for singles.

832 Surrey Lane had the highest selling price for the month at $450,000.

For the year to date through October the number of closed transactions stands at 195 vs 185 for the same time period last year. The average selling price for the first 10 months of this year stands at $323,113 vs $348,670 last year.

Eleven listings went under contract during the month – 4 single family homes, 3 condos, 3 townhomes, and 1 twin with an average asking price of $249,773 and an average of 75 Days On Market.

There are 24 future settlements scheduled with 19 in November, 4 in December, and 1 in February.

Wallingford PA Closed Home Transactions October 2018
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
435 New Jersey Avenue	2	1.0	$100,000	10/03/18	8
700 Avondale Road #PH5	1	1.0	$85,000	10/03/18	39
600 E Wiltshire Drive	3	2.1	$188,600	10/12/18	40
721 Pennsylvania Avenue	2	1.0	$107,000	10/15/18	14
39 Green Valley Road	3	1.1	$386,500	10/19/18	13
372A Saybrook Lane	2	1.0	$109,900	10/19/18	3
832 Surrey Lane	3	2.0	$450,000	10/26/18	4
17 Medbury Lane	3	2.0	$290,000	10/26/18	10
416 Palmers Lane	3	1.1	$416,000	10/29/18	94
800 Avondale Road #5D	3	2.0	$212,000	10/29/18	14
800 Avondale Road #7B	1	1.0	$90,000	10/30/18	4
AVERAGE			$221,364		22

* DOM = Days On Market

6 of 11 transactions settled with a Seller Assist:

– 435 New Jersey Avenue – $3,000

– 600 E Wiltshire Drive – $10,000

– 721 Pennsylvania Avenue – $6,420

– 39 Green Valley Road – $8,500

– 800 Avondale Road #7B – $750

Financing Methods

– Conventional Mortgage – 5 transactions

– Cash – 3 transactions

– FHA Mortgage – 3 transactions

**WALLINGFORD SINGLE HOMES – OCTOBER 2018 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$385,625	$401,250	$290,000	$450,000	30

**WALLINGFORD CONDOS – OCTOBER 2018 – 4 SALES**
Avg Price	Median Price	Low	High	DOM*
$124,225	$99,500	$85,000	$212,000	15

**WALLINGFORD ROW HOMES – OCTOBER 2018 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$103,500	$103,500	$100,000	$107,000	11

**WALLINGFORD TWINS – OCTOBER 2018 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$186,600	$186,600	$186,600	$186,600	40

**WALLINGFORD – OCTOBER 2017 VS OCTOBER 2018**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2017	16	$292,134	79	94.4%	97.2%
2018	11	$221,364	22	97.9%	98.4%
	-31.3%	-24.2%	-72.2%	3.5%	1.2%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – September 2018

October 4, 2018 by admin

Welcome Back To School

September 2018 sales decreased by 1 home compared with last year with 13 closed transactions. The average price came in at $266,846 compared to September 2017 when the average selling price was $401,207. September sales consisted of 7 single family homes, 5 townhomes, and 1 condo.

Seven single family homes sold for an average price of $318,786 and averaged 83 days on the market. Last September 9 single family homes sold for an average price of $495,878 and spent an average of 54 days on the market.

211 Cooper Drive had the highest selling price for the month at $494,000.

Seventeen listings went under contract during the month – 11 single family homes, 2 townhouses, 2 twins, and 2 condos with an average asking price of $307,929 and an average of 61 Days On Market.

There are are 17 settlements scheduled with 10 in October and 7 in November.

Wallingford PA Closed Home Transactions September 2018
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
320 Green Valley Road	3	1.1	$430,000	09/05/18	14
328B Saybrook Lane	2	1.0	$125,000	09/06/18	6
211 Cooper Drive	4	2.1	$494,000	09/06/18	7
606 Scott Lane	4	2.0	$364,000	09/12/18	78
1088 Putnam Blvd	3	2.1	$220,000	09/13/18	3
503 S Providence Road	3	2.0	$217,000	09/14/18	8
422 Palmers Lane	3	1.1	$342,500	09/14/18	38
506 Harvey Road	4	2.0	$234,000	09/14/18	322
1027 Putnam Blvd	2	2.1	$185,000	09/19/18	8
530 Washington Avenue	3	1.1	$150,000	09/27/18	115
439 Saybrook Lane	3	2.1	$195,000	09/28/18	105
349 Saybrook Lane	2	2.1	$182,500	09/28/18	65
606 Rockbourne Mills Court	3	3.1	$330,000	09/28/18	138
AVERAGE			$266,846		70

* DOM = Days On Market

5 of 13 transactions had a Seller Assist:

– 32 Green Valley Road – $1,400

– 211 Cooper Drive – $6,500

– 328B Saybrook Lane – $500

– 422 Palmers Lane – $5,000

– 1027 Putnam Blvd – $2,500

Financing Methods

– Conventional Mortgage – 9 transactions

– Cash – 2 transactions

– FHA Mortgage – 1 transaction

– VA Mortgage – 1 transaction

503 S Providence Road was reported as a Short Sale.

**WALLINGFORD SINGLE HOMES – SEPTEMBER 2018 – 7 SALES**
Avg Price	Median Price	Low	High	DOM*
$318,786	$342,500	$150,000	$494,000	83

**WALLINGFORD TOWNHOMES – SEPTEMBER 2018 – 5 SALES**
Avg Price	Median Price	Low	High	DOM*
$222.500	$195,000	$182,500	$330,000	64

**WALLINGFORD CONDOS – SEPTEMBER 2018 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$125,000	$125,000	$125,000	$125,000	6

**WALLINGFORD – SEPTEMBER 2017 VS SEPTEMBER 2018**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2017	14	$401,207	87	95.2%	97.3%
2018	13	$266,846	70	96.7%	96.6%
	-7.1%	-33.5%	-19.5%	1.5%	-0.70%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford Real Estate – February 2018

March 2, 2018 by admin

Wallingford Elementary Salutes The Super Bowl Champion Eagles

The 8 closed transactions in Wallingford during February fell 1 home short of last year’s activity for the second month of the year. The average selling price was substantially higher at $350,444 – an increase of 18.8% over last year.

Eight single family homes sold for an average price of $382,375 during the month and averaged 70 Days On Market. Last February also saw 8 homes selling for an average price of $292,363 and spending an average of 129 Days On Market.

One condo also sold during the month which when combined with the 8 single homes sold account for $3,059,000 of real estate changing hands during the month.

700 Pine Ridge Road had the highest selling price at $575,000.

Fourteen listings went under contract during the month – 10 single family homes , 2 condos, 1 twin, and 1 townhouse – with an average asking price of $415,143 and an average of 77 Days On Market.

There are 19 future settlements – 12 in March, 6 in April, and 1 in May.

Comparing year to date with last year the average selling price at $370,282 represents a 11.2% increase over the first two months of 2017. Closed transactions are running short of last year’s pace – 23 in 2018 vs 25 in 2017.

Wallingford PA Closed Transactions February 2018
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
708 Devon Lane	4	2.2	$405,000	02/02/18	45
205 Fildes lane	5	3.1	$565,000	02/08/18	186
113 Blackthorn Road	3	2.0	$333,500	02/09/18	1
748A Putnam Blvd	2	1.0	$95,000	02/14/18	42
606 Pine Ridge Road	3	2.0	$364,000	02/16/18	51
211 Willow Road	3	2.0	$235,000	02/16/18	1
215 Ash Road	3	1.1	$196,500	02/23/18	164
700 Pine Ridge Road	4	2.1	$575,000	02/26/18	87
205 Glendale Road	3	2.1	$385,000	02/26/18	28
AVERAGE			$350,444		67

* DOM = Days On Market

4 of 9 transactions had a Seller Assist:

– 205 Fildes Lane – $10,000

– 113 Blackthorn Road – $10,005

– 606 Pine Ridge Road – $15,000

– 215 Ash Road – $11,500

Financing Methods

– Conventional Mortgage – 5 transactions

– Cash – 2 transactions

– FHA – 2 transactions

**WALLINGFORD SINGLE HOMES – FEBRUARY 2018 – 8 SALES**
Avg Price	Median Price	Low	High	DOM*
$382,375	$374,500	$196,500	$575,000	70

**WALLINGFORD CONDOS – FEBRUARY 2018 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$95,000	$95,000	$95,000	$95,000	42

**WALLINGFORD – FEBRUARY 2017 VS FEBRUARY 2018**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2017	10	$294,890	115	95.7%	97.6%
2018	9	$350,444	67	93.6%	96.0%
	-10.0%	18.8%	-41.7%	-2.1%	-1.6%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 2017

September 7, 2017 by admin

Copples Lane Sidewalk Project Nears Completion Which Is Being Funding By A Grant From PennDOT

August 2017 finished with 22 closed translations vs 19 last year. The average sales price increased 4.2% over last year coming in at $356,207. August’s 22 sales consisted of 19 single family homes, 2 condos, and 1 twin.

The 19 single family homes sold for an average price of $397,329 and averaged 55 days on the market. Last August single family homes sold for an average price of $432,407 and were on the market an average of 48 days.

220 Turner Road had the highest selling price for the month at $830,000.

Fourteen listings went under contract during the month – 5 single family homes, 3 twins, 2 townhouses, and 1 condo with an average asking price of $282,255 and were on the market an average of 76 days.

There are are 24 future settlements scheduled with 16 in September, 3 in October, 2 in November, 1 in December, and 1 in January 2018.

Wallingford PA Closed Home Transactions August 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1 Strathmore Court	5	3.1	$699,000	08/01/17	380
422 Oak Valley Road	4	3.0	$591,000	08/01/17	6
111 Canterbury Drive	3	1.1	$358,000	08/01/17	4
1010 Glen Road	5	2.1	$323,500	08/04/17	63
722B Putnam Blvd	2	1.0	$101,000	08/04/17	69
109 Cameron Drive	3	2.1	$285,000	08/04/17	22
28 Beech Road	3	1.0	$225,000	08/04/17	64
822 Parkridge Drive	4	3.1	$562,000	08/04/17	6
306 Media Parkway	3	1.0	$245,500	08/04/17	14
301 Moore Road	3	1.0	$160,000	08/07/17	4
211 Walnut Road	3	2.0	$204,500	08/10/17	101
118 Ash Road	3	1.1	$183,500	08/11/17	21
604 Crum Creek Road	4	4.0	$612,500	08/15/17	32
6 Irving Road	3	2.0	$305,500	08/16/17	16
119 W Possum Hollow Road	4	2.2	$533,750	08/21/17	4
28 Green Valley Road	3	1.1	$412,000	08/22/17	13
409 Hawthorne Road	3	2.0	$338,000	08/23/17	111
303 Governors Drive	4	2.1	$351,000	08/23/17	71
525 Vernon Street	3	1.0	$200,000	08/29/17	99
220 Turner Road	6	3.1	$830,000	08/30/17	5
202 Avondale Road	4	2.1	$330,000	08/31/17	99
800 Avondale Road #2D	3	2.0	$184,300	08/31/17	35
AVERAGE			$365,207		56

* DOM = Days On Market

10 of 22 transactions had a Seller Assist:

– 1 Strathmore Court – $40,500

– 301 Moore Road – $9,600

– 211 Walnut Road – $6,135

– 118 Ash Road – $11,000

– 6 Irving Road – $2,451

– 28 Green Valley Road – $1,000

– 409 Hawthorne Road – $6,025

– 303 Governors Drive – $4,100

– 525 Vernon Street – $6,000

– 800 Avondale Road #2D – $2,500

Financing Methods

– Conventional Mortgage – 16 transactions

– FHA Mortgage – 3 transactions

– Cash – 2 transactions

– VA Mortgage – 1 transaction

There were no distressed sales reported for the month.

**WALLINGFORD SINGLE HOMES – AUGUST 2017 – 19 SALES**
Avg Price	Median Price	Low	High	DOM*
$397,329	$338,000	$160,000	$830,000	55

**WALLINGFORD CONDOS – AUGUST 2017 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$142,650	$142,650	$101,000	$184,300	52

**WALLINGFORD TWINS – AUGUST 2017 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$200,000	$200,000	$200,000	$200,000	99

**WALLINGFORD – AUGUST 2016 VS AUGUST 2017**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	19	$350,616	54	94.6%	97.5%
2017	22	$365,207	56	94.9%	97.5%
	15.8%	4.2%	3.7%	0.3%	0.0%

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – April 2017

May 5, 2017 by admin

The month of April 2017 finished with 13 closed sales in Wallingford falling 1 homes short of last April. The average sales price soared 28% to $377,228. Buyers grabbed homes quickly during the month with the average days on market coming in at only 32, with 6 homes selling in less than 2 weeks. The 13 sales consisted of 8 single family homes, 3 townhouses, 1 condo, and 1 twin. Single family homes sold for an average price of $478,269 and averaged 21 days on the market. Last April 10 single family homes sold for an average price of $345,550.

The highest selling price for the month was $727,000 for 404 Dewey Lane.

There were 28 listings that went under contract during the month – 24 single family homes and 2 townhouses, and 2 condos. The average asking price was $367,339 and they were on the market an average of 60 days..

There are 47 future settlements scheduled with 26 on the books for May, 19 in June, and 2 in July.

Wallingford PA Closed Home Transactions April 2017
ADDRESS	BED	BATH	PRICE	SETTLED	DOM*
1111 Putnam Blvd	3	3.1	$199,000	04/06/17	6
197 Woodward Lane	5	3.1	$595,750	04/06/17	7
502 Scott Lane	4	2.1	$440,000	04/10/17	33
1142 Putnam Blvd	2	2.1	$185,000	04/12/17	152
703 Blue Hill Road	5	3.1	$438,500	04/14/17	11
404 Dewey Lane	5	4.1	$727,000	04/17/17	8
31 Willow Road	3	1.1	$219,900	04/19/17	70
832B Putnam Blvd	2	1.0	$103,000	04/21/17	28
1384 Putnam Blvd	2	2.1	$175,810	04/26/17	39
200 Hillsboro Mills Lane	3	3.1	$415,000	04/26/17	18
503 Springhaven Road	5	3.0	$570,000	04/27/17	26
402 Christian Lane	4	1.2	$465,000	04/27/17	9
408 Hawthorne Road	4	2.2	$370,000	04/28/17	4

* DOM = Days On Market

3 of 13 transactions had a Seller Assist:

– 31 Willow Road – $9,900

– 1384 Putnam Blvd – $5,724

– 408 Hawthorne Road – $11,000

Financing Methods

– Conventional Mortgage – 6 transactions

– Cash – 5 transactions

– VA Mortgage – 1 transaction

– FHA Mortgage – 1 transaction

832B Putnam Blvd was a Bank Owned Forclosure.

**WALLINGFORD SINGLE HOMES – APRIL 2017 – 8 SALES**
Avg Price	Median Price	Low	High	DOM*
$478,269	$452,500	$219,000	$727,000	21

**WALLINGFORD TOWNHOUSES – APRIL 2017 – 3 SALES**
Avg Price	Median Price	Low	High	DOM*
$188,603	$185,000	$175,810	$199,000	66

**WALLINGFORD CONDOS – APRIL 2017 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$103,000	$103,000	$103,000	$103,000	28

**WALLINGFORD TWINS – APRIL 2017 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$415,000	$415,000	$415,000	$415,000	18

**WALLINGFORD – APRIL 2016 VS APRIL 2017**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2016	14	$294,714	104	92.0%	96.5%
2017	13	$377,228	32	99.4%	98.7%
	-7.1%	28.0%	-69.2%	7.4%	2.2%

Wallingford PA Real Estate – Wallingford, PA 19086

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