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 6.74 months supply of inventory on the market in Wilmington on November 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Wilmington last month was 143 days.
The number of home sales in Wilmington from October 1, 2018 through October 31, 2018 was 7 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 $110/Sq.Ft, which is 84% an increase from last month.



In Wilmington there were 2 units sold in October in the price range between $38,000 – $100,000 with an average of 1 bedrooms and 1 bathrooms and average Square footage of 400SF.

In Wilmington there were 3 units sold in October in the price range between $100,001 – $211,999 with an average of 3 bedrooms and 1.4 bathrooms and average Square footage of 1,380SF.

In Wilmington there were 2 units sold in October in the price range between $212,000 – $262,000 with an average of 4 bedrooms and 2.6 bathrooms and average Square footage of 2,075SF.

The middle price range had the most activity. Homes up to $211,999 were on the market on average 128 days and sold an average of $169,000.

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
Sep 1, 2018 – Sep 30, 2018
Oct 1, 2018 – Oct 31, 2018
Month
September
October
Average Listing Price
$136,818
$233,042
Median Sales Price
$58,166
$162,000
Month supply of inventory
10.1
6.7
Market Time Detached
139 days
143 days
Market Time Attached
0 days
0 days
Inventory
34 properties
168 properties
Low price range
$50,000 – $54,083
$38,000 – $100,000
Low price range market time
10 days
89 days
Low price range units sold
0
2
Low price range bedrooms
1
1
Low price range bathrooms
1
1
Low price range approx sqft
400 SF
400 SF
Mid price range
$54,084 – $61,332
$100,001 – $211,999
Mid price range market time
379 days
128 days
Mid price range units sold
1
3
Mid price range bedrooms
1
3
Mid price range bathrooms
1
1.4
Mid price range approx sqft
400 SF
1,380 SF
High price range
$61,333 – $64,500
$212,000 – $262,000
High price range market time
29 days
220 days
High price range units sold
1
2
High price range bedrooms
2
4
High price range bathrooms
1
2.6
High price range approxsqft
820 SF
2,075 SF