Wallingford Real Estate

Wallingford PA Real Estate – August 21, 2023 To August 27, 2023

August 29, 2023 by admin

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

There are 17 homes listed for sale – 13 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 29, 2023 with an average asking price of $470,775.

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Wallingford Market Snapshot – 17 Listings
*13 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$470,775	$511,900	$175,000	$750,000	57

Single Home Market Snapshot – 13 Listings
*10 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$511,021	$549,900	$175,000	$750,000	61

Twin Home Market Snapshot – 3 Listings
*2 -Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$328,300	$310,000	$300,000	$374,900	27

Townhouse Market Snapshot – 1 Listing
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$375,000	$375,000	$375,000	$375,000	99

3 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No listings were withdrawn from the market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

2 listings expired

12 homes are Under Contract at this time

5 Wallingford PA homes sold last week

**Wallingford Homes Sold August 21, 2023 To August 27, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
101 E Brookhaven Road	SNG	5	3.1	$1,825,000	08/21/23	198
805 Ridge Lane	SNG	4	3.0	$635,000	08/23/23	9
723 Pennsylvania Avenue	TWIN	3	1.0	$210,000	08/24/23	6
814 Ridge Lane	SNG	4	3.0	$705,000	08/25/23	5
902 Heathdale Lane	SNG	5	2.1	$950,000	08/25/23	6
AVERAGE				$865,000		45

805 Ridge Lane sold with a $13,035 Seller Assist

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 14, 2023 To August 20, 2023

August 22, 2023 by admin

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

There are 17 homes listed for sale – 12 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 22, 2023 with an average asking price of $529,135.

US home buyers have a new challenge in addition to mortgage rates above 7%: Prices are rising again, reversing five months of year-over-year declines, according to a National Association of Realtors report released Tuesday.

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Wallingford Market Snapshot – 17 Listings
*12 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$529,135	$549,900	$175,000	$1,165,000	56

Single Home Market Snapshot – 14 Listings
*10 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$571,456	$549,900	$175,000	$1,165,000	63

Twin Home Market Snapshot – 3 Listings
*2 -Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$331,633	$310,000	$300,000	$384,900	22

2 Wallingford PA homes went under contract

2 new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

17 homes are Under Contract at this time

7 Wallingford PA homes sold last week

**Wallingford Homes Sold August 14, 2023 To August 20, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
315 Scott Lane	SNG	3	2.0	$418,000	08/14/23	21
511 Moylan Avenue	SNG	5	2.1	$625,000	08/15/23	5
417 New Jersey Avenue	TWIN	3	1.0	$145,000	08/17/23	1
434 Leiper Street	TWIN	3	2.0	$249,500	08/17/23	39
511 W Country Club Lane	SNG	3	2.1	$900,000	08/17/23	18
422 Vernon Street	TWIN	2	1.0	$265,000	08/17/23	97
202 Ridgewood Road	SNG	3	2.0	$660,000	08/18/23	4
AVERAGE				$466,071		28

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – August 7, 2023 To August 13, 2023

August 15, 2023 by admin

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

There are 20 homes listed for sale – 14 Active listings and 6 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 15, 2023 with an average asking price of $588,770.

The median age of a first-time home buyer climbs to 36, as high interest rates and asking prices further erode spending power.

Homeownership – the main driver of wealth for most Americans – is out of reach for large swaths of the population. But the pinch is most pronounced for millennials, who are buying homes at a slower pace than those before them. Baby boomers, in fact, represented the largest share of home buyers this year – a spot millennials had held since 2014 – according to research by the National Association of Realtors.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 20 Listings
*14 – Active 6 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$588,770	$549,900	$175,000	$1,898,000	57

Single Home Market Snapshot – 16 Listings
*9 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$656,094	$584,950	$175,000	$1,898,000	65

Twin Home Market Snapshot – 4 Listings
*2 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$319,475	$305,000	$283,000	$384,900	23

3 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

1 listing expired

21 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold August 7, 2023 To August 13, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
770B Putnam Blvd	CONDO	2	1.0	$197,500	08/07/23	3
306 Rosewood Lane	SNG	4	2.1	$800,000	08/11/23	5
AVERAGE				$498,750		4

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 31, 2023 To August 6, 2023

August 8, 2023 by admin

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

There are 18 homes listed for sale – 11 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 8, 2023 with an average asking price of $578.906.

The median distance that buyers traveled to their new home was 50 miles in 2022, according to data published by the National Association of Realtors (NAR). That’s more than triple the median distance moved in the last 30 years, which ranged from 10 to 15 miles.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 18 Listings
*11 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$578,906	$549,900	$165,000	$1,898,000	64

Single Home Market Snapshot – 13 Listings
*9 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$681,723	$574,900	$314,900	$1,898,000	75

Twin Home Market Snapshot – 4 Listings
*2 -Active 2 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$315,725	$297,500	$283,000	$384,900	42

Condo Home Market Snapshot – 1 Listing
*No Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$165,000	$165,000	$165,000	$165,000	9

3 Wallingford PA homes went under contract

2 new listings came onto the market

No listings were withdrawn from the market

1 listing was temporarily taken off the market

No listings expired

20 homes are Under Contract at this time

4 Wallingford PA homes sold last week

**Wallingford Homes Sold July 31, 2023 To August 6, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
208 Governors Drive	SNG	3	2.0	$512,500	08/02/23	6
109 Chestnut Parkway	SNG	5	2.2	$536,250	08/03/23	14
617 E Wiltshire Drive	TWIN	3	2.0	$350,000	08/03/23	5
705 Lansing Court	TWIN	2	1.0	$75,000	08/04/23	7
AVERAGE				$368,438		8

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 2023

August 3, 2023 by admin

Nine fewer homes sold in July 2023 compared to last year. The average selling price came in at $458,640 which represents a 12.9% increase year over year. Homes continue to sell quickly with the homes that settled in July averaging just 14 days on market.

July’s 13 sales consisted of 9 single family homes, 2 condos, 1 townhome, and 1 twin.

There were 9 single family homes sold in July – compared with 13 last year – with an average price of $536,813. Singles averaged 13 days on the market.

The highest selling price for the month was $800,000 for 394 Turner Road.

The pipeline for future settlements continues to be quite less than full with a total of just 13 homes going under contract during July 2023 with an average asking price of $524,685. Six singles, 3 twins, 2 townhouses, and 2 condos were sold during the month.

There are 15 settlements scheduled in August, and 2 in September. Last year at this time there were 31 scheduled settlements which further demonstrates the slow down of the market and dwindling inventory.

Seven months into the year sales are up down 33 homes compared to 2022’s first 7 months with 96 closed transactions versus 128 last year. The average sale price is almost identical with last year averaging $444,369 vs $445,259 last year.

**Wallingford Homes Sold July 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
306 Prichard Lane	SNG	3	1.1	$437,000	07/12/23	4
1000 Putnam Blvd #504	CONDO	2	2.0	$205,000	07/13/23	18
8 Leslie Lane	SNG	4	2.0	$535,321	07/14/23	5
105 Canterbury Drive	SNG	4	1.1	$489,000	07/14/23	3
6A Copples Lane	SNG	4	2.1	$575,000	07/14/23	2
394 Turner Road	SNG	4	3.1	$800,000	07/17/23	3
513 Vernon Street	TWIN	3	2.1	$421,000	07/20/23	6
611 Bickmore Drive	SNG	3	1.1	$455,000	07/25/23	3
512 Hastings Avenue	SNG	2	1.1	$300,000	07/26/23	20
410 Briarwood Road	SNG	3	1.1	$575,000	07/26/23	6
1021 Putnam Blvd	TOWN	2	2.1	$300,000	07/27/23	3
1000 Putnam Blvd #106	CONDO	2	2.1	$205,000	07/27/23	40
801 Pleasant Hill Road	SNG	5	3.0	$665,000	07/27/23	73
AVERAGE				$458,640		14

* DOM = Days On Market

No homes this month sold with a Seller Assist:

Financing Methods

– Conventional Mortgage – 10 transactions

– Cash -3 transactions

**WALLINGFORD SINGLE HOMES SOLD – JULY 2023 – 9 SALES**
Avg Price	Median Price	Low	High	DOM*
$536,813	$535,321	$300,000	$800,000	13

**WALLINGFORD TOWNHOUSES SOLD – JULY 2023 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$300,000	$300,000	$300,000	$300,000	3

**WALLINGFORD TWINS SOLD – JUNE 2023 – 1 SALE**
Avg Price	Median Price	Low	High	DOM*
$421,000	$421,000	$421,000	$421,000	6

**WALLINGFORD CONDOS SOLD – JUNE 2023 – 2 SALES**
Avg Price	Median Price	Low	High	DOM*
$252,500	$252,500	$205,000	$300,000	11

**WALLINGFORD – JULY 2022 VS JULY 2023**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	22	$406,258	11	106.3%	104.3%
2023	13	$458,640	14	101.7%	104.4%
	-40.9%	12.9%	27.3%	-4.6%	0.1%

Wallingford PA Real Estate – Wallingford, PA 19086

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Nether Providence Twp Homes For Sale

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S. Clark Kendus