Real Estate In Wilmington is a balanced market favoring buyers. There is significant amount of homes for sale in Wilmington, and buyers are not in a rush to buy yet. There is a 8.4 months supply of inventory on the market in Wilmington on December 31, 1969.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Wilmington last month was 90 days.
The number of home sales in Wilmington from July 1, 2019 through July 31, 2019 was 21 units. That is 1% above the number of homes sold last month in Wilmington.
The average price per square foot in the area is now $80/Sq.Ft, which is 14% a decline from last month.


In Wilmington there were 5 units sold in July in the price range between $10,000 – $75,350 with an average of 1.6 bedrooms and 1 bathrooms and average Square footage of 689SF.

In Wilmington there were 12 units sold in July in the price range between $75,351 – $231,599 with an average of 2.4 bedrooms and 1.2 bathrooms and average Square footage of 1,243SF.

In Wilmington there were 4 units sold in July in the price range between $231,600 – $322,500 with an average of 3.8 bedrooms and 2.6 bathrooms and average Square footage of 1,887SF.

The low price range had the most activity. Homes up to $75,350 were on the market on average 223 days and sold an average of $35,340.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Wilmington. Search all Wilmington homes for Sale on propertyup.com If you are considering viewing Wilmington, you may want to do so now!

Wilmington
Jun 1, 2019 – Jun 30, 2019
Jul 1, 2019 – Jul 31, 2019
Month
June
July
Average Listing Price
$279,097
$268,755
Median Sales Price
$166,772
$140,699
Month supply of inventory
7.9
8.4
Market Time Detached
58 days
90 days
Market Time Attached
0 days
0 days
Inventory
205 properties
207 properties
Low price range
$58,000 – $112,386
$10,000 – $75,350
Low price range market time
17 days
223 days
Low price range units sold
0
5
Low price range bedrooms
1.3
1.6
Low price range bathrooms
1
1
Low price range approx sqft
649 SF
689 SF
Mid price range
$112,387 – $233,385
$75,351 – $231,599
Mid price range market time
71 days
30 days
Mid price range units sold
12
12
Mid price range bedrooms
3
2.4
Mid price range bathrooms
1.4
1.2
Mid price range approx sqft
1,227 SF
1,243 SF
High price range
$233,386 – $300,000
$231,600 – $322,500
High price range market time
51 days
104 days
High price range units sold
3
4
High price range bedrooms
3
3.8
High price range bathrooms
2.1
2.6
High price range approxsqft
2,475 SF
1,887 SF