Wallingford Real Estate

Wallingford PA Real Estate – July 24, 2023 To July 30, 2023

August 1, 2023 by admin

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

There are 16 homes listed for sale – 9 Active listings and 7 Active Under Contract listings – in Wallingford PA and Nether Providence Township on August 1, 2023 with an average asking price of $663,713.

Pending Home Sales Index, based on signed contracts that become sales after a month or two, rose 0.3% to 76.8 in June.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 16 Listings
*9 – Active 7 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$663,714	$595,000	$283,000	$1,898,000	52

Single Home Market Snapshot – 11 Listings
*7 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$725,991	$599,000	$329,000	$1,898,000	83

Twin Home Market Snapshot – 4 Listings
*1 -Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$313,225	$292,500	$283,000	$384,900	39

Condo Home Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$165,000	$165,000	$165,000	$165,000	2

3 Wallingford PA homes went under contract

3 new listings came onto the market

No listings were withdrawn from the market

No listings were temporarily taken off the market

No listings expired

23 homes are Under Contract at this time

6 Wallingford PA homes sold last week

**Wallingford Homes Sold July 24, 2023 To July 30, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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				$416,667		24

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 17, 2023 To July 23, 2023

July 25, 2023 by admin

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

There are 14 homes listed for sale – 6 Active listings and 8 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 25, 2023 with an average asking price of $660,671.

Existing home sales fell 3.3% last month from May to a seasonally adjusted annual rate of 4.16 million, the National Association of Realtors reported last week.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 14 Listings
*6 – Active 8 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$660,671	$597,450	$283,000	$1,898,000	98

Single Home Market Snapshot – 11 Listings
*6 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$761,945	$625,000	$350,000	$1,898,000	111

Twin Home Market Snapshot – 3 Listings
*No Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,333	$290,000	$283,000	$295,000	50

5 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

28 homes are Under Contract at this time

2 Wallingford PA homes sold last week

**Wallingford Homes Sold July 17, 2023 To July 23, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
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
AVERAGE				$610,500		5

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 10, 2023 To July 16, 2023

July 18, 2023 by admin

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

There are 14 homes listed for sale – 10 Active listings and 4 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 18, 2023 with an average asking price of $655,963.

Compared to the prior month, the monthly mortgage payment increased by 3.7%, while the median price of single-family homes inclined 2.8%. The monthly mortgage payment increased by $73 from last month.

As of March 2023, the national Housing Affordability Index fell below 100, which means that the typical family cannot afford to buy based on the price of a median-priced home. An index below 100 means that a family with a median income had less than the income required to afford a median-priced home.

A mortgage is considered affordable if the mortgage payment (principal and interest) amounts to 25% or less of the family’s income.

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 14 Listings
*10 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$655,963	$612,450	$199,000	$1,898,000	107

Single Home Market Snapshot – 11 Listings
*8 – Active 3 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$764,226	$649,687	$289,900	$1,898,000	124

Twin Home Market Snapshot – 2 Listings
*1 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,000	$289,000	$283,000	$295,000	68

Townhouse Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$199,000	$199,000	$199,000	$199,000	3

3 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

22 homes are Under Contract at this time

5 Wallingford PA homes sold last week

**Wallingford Homes Sold July 10, 2023 To July 16, 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
AVERAGE				$448,264		6

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – July 3, 2023 To July 9, 2023

July 11, 2023 by admin

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

There are 16 homes listed for sale – 11 Active listings and 5 Active Under Contract listings – in Wallingford PA and Nether Providence Township on July 11, 2023 with an average asking price of $644,093.

NAR released a summary of pending home sales data showing that May’s pending home sales pace declined 2.7% from last month and fell 22.2% from a year ago

Nether Providence Twp Homes For Sale

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Wallingford Market Snapshot – 16 Listings
*11 – Active 5 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$644,093	$612,450	$219,999	$1,898,000	96

Single Home Market Snapshot – 12 Listings
*8 – Active 4 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$768,124	$654,844	$289,900	$1,898,000	116

Twin Home Market Snapshot – 3 Listings
*2 – Active 1 – Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$289,333	$290,000	$283,000	$295,000	46

Condo Market Snapshot – 1 Listing
*1 – Active No Active Under Contract*
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$219,999	$219,999	$219,999	$219,999	13

5 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

24 homes are Under Contract at this time

No Wallingford PA homes sold last week

**Wallingford Homes Sold July 3, 2023 To July 9, 2023**
ADDRESS	TYPE	BED	BATH	PRICE	SETTLED	DOM*
– No Homes Sold –
AVERAGE

Wallingford PA Real Estate – Wallingford, PA 19086

Wallingford PA Real Estate – 2nd Quarter 2023 Review

July 5, 2023 by admin

The 2nd quarter of 2023 in Wallingford PA recorded 49 closed transactions vs 56 last year. The average sale price continued to rise climbing 6.7% over last year to $482,495.

Sellers reaped the benefits of a market with very limited inventory with 36 of the 49 homes sold (73%) – of homes selling at or over the asking price.

The core category of single family homes recorded 36 sales with an average selling price of $552,928 compared to last year’s average selling price of $557,955 when 33 single homes sold.

Days On Market averaged crept up by 10 days compared to last year to 13. Buyers were quick to contract with 59% of homes sold during the quarter going under contract in 7 days or less.

April recorded 13 sales, May had 21 sales, and 15 homes were sold in June.

The highest priced home sold in the quarter was 215 Wisteria Lane which sold in May for $1,115,000.

**WALLINGFORD – 2ND QUARTER 2022 VS 2ND QUARTER 2023**
	SALES	AVERAGE	DOM*	% ORIG LIST	% LAST LIST
2022	56	$452,243	13	103.3%	102.9%
2023	49	$482,495	23	102.5%	102.2%
	-13.0%	6.7%	77.0%	-0.8%	-0.7%

2ND QUARTER 2023 – SALES BY PRICE RANGE

PRICE RANGE	SALES	% Of SALES
< $100,000	2	4.0%
$100,000 To $200,000	5	10.2%
$200,000 To $300,000	4	8.2%
$300,000 To $400,000	9	18.4%
$400,000 To $500,000	7	14.3%
$500,000 To $600,000	6	12.2%
$600,000 To $700,000	8	16.3%
$700,000 To $800,000	4	8.2%
$800,000 To $900,000	1	2.0%
$900,000 To $1,000,000	2	4.0%
> $1,000,000	1	2.0%
TOTAL	49

**Single Family Homes Sold – 2nd Quarter 2023 – 36 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$552,928	$542,500	$82,000	$1,115,000	27

Condominiums – 2nd Quarter 2023 – 5
Listings
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$238,507	$185,000	$155,165	$431,270	4

**Townhouses Sold – 2nd Quarter 2023 – 5 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$318,038	$272,550	$290,000	$680,000	15

**Twin Homes Sold – 2nd Quarter 2023 – 3 Listings**
AVERAGE	MEDIAN	LOW	HIGH	DOM*
$204,000	$165,000	$82,000	$365,000	3

*DOM = Days On Market

Wallingford PA Real Estate – Wallingford, PA 19086

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S. Clark Kendus