Real Estate In Wilmington is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.65 months supply of inventory on the market in Wilmington on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Wilmington last month was 146 days. It took on average 4 days to sell Wilmington Condo, Townhouse or a Duplex.
The number of home sales in Wilmington from December 1, 2018 through December 31, 2018 was 11 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 $95/Sq.Ft, which is 25% an increase from last month.


In Wilmington there were 3 units sold in December in the price range between $38,500 – $88,618 with an average of 2.3 bedrooms and 1 bathrooms and average Square footage of 619SF.

In Wilmington there were 5 units sold in December in the price range between $88,619 – $195,617 with an average of 2.8 bedrooms and 1.7 bathrooms and average Square footage of 1,700SF.

In Wilmington there were 3 units sold in December in the price range between $195,618 – $252,500 with an average of 3.7 bedrooms and 2 bathrooms and average Square footage of 1,794SF.

The middle price range had the most activity. Homes up to $195,617 were on the market on average 38 days and sold an average of $130,220.

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
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$235,226
$237,633
Median Sales Price
$112,740
$138,736
Month supply of inventory
6.2
5.7
Market Time Detached
100 days
146 days
Market Time Attached
0 days
4 days
Inventory
166 properties
162 properties
Low price range
$18,250 – $65,495
$38,500 – $88,618
Low price range market time
100 days
397 days
Low price range units sold
0
3
Low price range bedrooms
2
2.3
Low price range bathrooms
1
1
Low price range approx sqft
750 SF
619 SF
Mid price range
$65,496 – $180,369
$88,619 – $195,617
Mid price range market time
92 days
38 days
Mid price range units sold
6
5
Mid price range bedrooms
2
2.8
Mid price range bathrooms
1.2
1.7
Mid price range approx sqft
834 SF
1,700 SF
High price range
$180,370 – $248,000
$195,618 – $252,500
High price range market time
116 days
27 days
High price range units sold
3
3
High price range bedrooms
2.7
3.7
High price range bathrooms
2.3
2
High price range approxsqft
1,635 SF
1,794 SF