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 7.88 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 108 days. It took on average 6 days to sell Wilmington Condo, Townhouse or a Duplex.
The number of home sales in Wilmington from May 1, 2019 through May 31, 2019 was 17 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 $98/Sq.Ft, which is 2% an increase from last month.
In Wilmington there were 7 units sold in May in the price range between $20,000 – $92,487 with an average of 2.1 bedrooms and 1.2 bathrooms and average Square footage of 922SF.
In Wilmington there were 8 units sold in May in the price range between $92,488 – $286,986 with an average of 3.4 bedrooms and 2.2 bathrooms and average Square footage of 1,967SF.
In Wilmington there were 2 units sold in May in the price range between $286,987 – $409,000 with an average of 3.5 bedrooms and 2.6 bathrooms and average Square footage of 3,150SF.
The low price range had the most activity. Homes up to $92,487 were on the market on average 72 days and sold an average of $55,221.
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!