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

There are 41 homes listed for sale in Wallingford PA and Nether Providence Township on July 21, 2020 with an average asking price of $430,166.

The 30-year fixed-rate mortgage averaged 2.98% this week, the lowest rate in Freddie Mac’s records dating back to 1971.

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Wallingford Market Snapshot – 41 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$430,166	$415,000	$126,900	$1,034,900	47

Single Home Market Snapshot – 29 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$511,697	$449,500	$239,000	$1,034,900	53

Townhouse Market Snapshot – 7 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$284,843	$245,000	$214,000	$415,000	25

Condo Market Snapshot – 3 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$129,600	$129,600	$126,900	$132,000	15

Twin Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$284,900	$284,900	$284,900	$284,900	157

Row Home Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$130,000	$130,000	$130,000	$130,000	14

*DOM = Days On Market

13 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No listings were withdrawn from the market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

No listings expired

50 homes are Under Contract at this time

4 Wallingford PA homes sold last week

Wallingford Homes Sold July 13, 2020 To July 19, 2020

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
1 Hickory Lane	SNG	3	2.0	$414,000	07/14/20	3
411 Sheffield Drive	SNG	5	3.0	$469,800	07/16/20	56
211 Maple Road	SNG	4	2.0	$350,000	07/17/20	7
403 Burning Tree Road	SNG	3	2.0	$373,500	07/17/20	5
AVERAGE				$401,825		18

No homes sold had a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 44 homes listed for sale in Wallingford PA and Nether Providence Township on July 14, 2020 with an average asking price of $412,218.

Some homes have a rich history that dates back centuries. Thousands of historical homes built between the late 1500s and early 1900s are still standing in the U.S. and are on the National Register of Historic Places.

Where are you most likely to find one of these treasures? Homes.com recently analyzed 50 of the oldest or most historic cities in the U.S., and then ranked each city based on their total number of registered historical homes per capita and where the percentage of historical homes was highest.

Researchers uncovered that some cities tend to be a haven for historic homes. They also located homes that date back hundreds of years. For example, one of the oldest is a home in Key West, FL, that dates back to 1521 and later became a home to Earnest Hemingway. A home in St. Augustine, FL, once was owned by Spanish admiral Pedro Menéndez de Aviles and dates back to 1565.

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Wallingford Market Snapshot – 44 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$412,218	$367,500	$110,000	$1,034,900	43

Single Home Market Snapshot – 31 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$493,403	$439,000	$239,000	$1,034,900	46

Townhouse Market Snapshot – 7 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$274,129	$245,000	$214,000	$415,000	28

Condo Market Snapshot – 5 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$127,660	$129,900	$110,000	$139,500	18

Twin Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$284,900	$284,900	$284,900	$284,900	155

*DOM = Days On Market

6 Wallingford PA homes went under contract 

5 new listings came onto the market 

1 listing was withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

43 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold July 6, 2020 To July 12, 2020

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
206 Knoll Road	SNG	4	3.0	$539,000	07/06/20	8
AVERAGE				$539,000		8

206 Knoll Road sold with a $8,700 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 43 homes listed for sale in Wallingford PA and Nether Providence Township on July 7, 2020 with an average asking price of $412,716.

The 30-year fixed-rate mortgage averaged 3.07% this week, the lowest ever recorded by Freddie Mac since it began tracking such data in 1971. “Mortgage rates continue to slowly drift downward, with a distinct possibility that the average 30-year fixed-rate mortgage could dip below 3% later this year,” says Sam Khater, Freddie Mac’s chief economist. “On the economic front, incoming data suggest the rebound in economic activity has paused in the last couple of weeks, with modest declines in consumer spending and a pullback in purchase activity.”

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Wallingford Market Snapshot – 45 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$429,716	$415,00	$126,900	$1,034,900	50

Single Home Market Snapshot – 35 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$493,003	$449,500	$249,000	$1,034,900	53

Townhouse Market Snapshot – 5 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$253,780	$245,000	$214,000	$315,000	35

Condo Market Snapshot – 3 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$132,800	$132,800	$126,900	$139,500	23

Twin Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$207,400	$207,400	$129,900	$284,900	82

*DOM = Days On Market

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

35 homes are Under Contract at this time

4 Wallingford PA homes sold last week

Wallingford Homes Sold June 29, 2020 To July 5, 2020

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
125 Westminster Drive	SNG	3	1.1	$376,000	06/30/20	2
103 E Rose Valley Road	SNG	4	2.2	$616,000	06/30/20	5
202 Ronaldson Street	TWIN	3	2.1	$316,000	06/30/20	29
600 Washington Avenue	SNG	2	1.0	$223,805	07/02/20	27
AVERAGE				$382,951		16

No homes sold with a Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 43 homes listed for sale in Wallingford PA and Nether Providence Township on June 30, 2020 with an average asking price of $413,705.

The pandemic has caused more Americans to rethink where they want to call home. In many regions, suburban and rural areas are seeing stronger recoveries from the pandemic than their nearby urban areas, according to a new report from realtor.com®.

In May, online listing views at realtor.com® in suburban ZIP codes rose by 13%, nearly double the pace of growth of urban areas. More than half of the nation’s 100 largest metros are seeing rising interest in the suburbs, realtor.com® reports.

“This migration to the suburbs is not a new trend, but it has become more pronounced this spring,” says Javier Vivas, realtor.com®’s director of economic research. “After several months of shelter-in-place orders, the desire to have more space and the potential for more people to work remotely are likely two of the factors contributing to the popularity of the burbs.”

In recent years, suburban areas have started to outpace urban areas in growth in terms of views per property at realtor.com®. May data marks the second largest gap between suburban and urban views since realtor.com® began tracking such data in 2016. Listing views per property in rural and suburban ZIP codes were up an average of 16 and 13% annually, respectively. Views per property in urban areas, on the other hand, were up 7% year over year.

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Wallingford Market Snapshot – 43 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$413,705	$389,000	$125,000	$1,034,900	55

Single Home Market Snapshot – 30 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$495,807	$454,700	$225,000	$1,034,900	57

Townhouse Market Snapshot – 7 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$282,414	$275,000	$214,000	$389,000	39

Condo Market Snapshot – 4 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$130,850	$129,450	$125,000	$139,500	56

Twin Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$207,400	$207,400	$129,900	$284,900	76

*DOM = Days On Market

8 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

19 homes are Under Contract at this time

3 Wallingford PA home sold last week

Wallingford Homes Sold June 22, 2020 To June 28, 2020

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
503 Media Pkwy	SNG	3	1.0	$223,000	06/22/20	10
800 Avondale Road #4E	CONDO	1	1.0	$70,500	06/23/20	86
626 E Wiltshire Drive	TWIN	3	2.1	$245,000	06/26/20	3
AVERAGE				$179,500		33

503 Media Pkwy sold with a $8,920 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

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

There are 39 homes listed for sale in Wallingford PA and Nether Providence Township on June 23, 2020 with an average asking price of $419,908.

For the third consecutive week, the number of homeowners requiring mortgage relief has dropped, a welcome sign of the market’s long-term health.

As of June, 4.6 million homeowners were in forbearance, which is about 8.7% of all active mortgages, according to data from Black Knight, a mortgage research firm. The numbers have fallen by 57,000 compared to the previous week and by 158,000 from May 22, the date when mortgages in forbearance peaked.

About 6.8% of all mortgages backed by Fannie Mae and Freddie Mac are in forbearance, and 12.1% of all FHA and VA loans. However, loans held by banks or private label securities grew by an alarming 6,000 in June, according to Black Knight.

Borrowers in forbearance are eligible to delay their monthly payments for at least three months and in some cases, for up to a year.

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Wallingford Market Snapshot – 39 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$419,908	$394,900	$125,000	$1,034,900	67

Single Home Market Snapshot – 28 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$495,007	$464,850	$279,000	$1,034,900	71

Townhouse Market Snapshot – 5 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$309,580	$319,000	$229,900	$389,000	50

Condo Market Snapshot – 3 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$135,500	$132,000	$125,000	$149,500	67

Twin Market Snapshot – 2 Listings

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$207,400	$207,400	$129,900	$284,900	69

Row Home Market Snapshot – 1 Listing

AVERAGE	MEDIAN	LOW	HIGH	DOM*
$147,000	$147,000	$147,000	$147,000	5

*DOM = Days On Market

4 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

No listings expired

30 homes are Under Contract at this time

1 Wallingford PA home sold last week

Wallingford Homes Sold June 15, 2020 To June 21, 2020

ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
101 Mulberry Lane	SNG	5	2.1	$870,000	06/19/20	4
AVERAGE				$870,000		4

101 Mulberry Lane sold with a $3,950 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086