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 6.8 months supply of inventory on the market in Wilmington on September 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Wilmington last month was 83 days.
The number of home sales in Wilmington from August 1, 2018 through August 31, 2018 was 22 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 $92/Sq.Ft, which is 8% a decline from last month.



In Wilmington there were 9 units sold in August in the price range between $40,000 – $90,272 with an average of 2.1 bedrooms and 1.5 bathrooms and average Square footage of 835SF.

In Wilmington there were 11 units sold in August in the price range between $90,273 – $245,271 with an average of 2.9 bedrooms and 1.5 bathrooms and average Square footage of 1,524SF.

In Wilmington there were 2 units sold in August in the price range between $245,272 – $350,000 with an average of 3 bedrooms and 2.5 bathrooms and average Square footage of 2,250SF.

The low price range had the most activity. Homes up to $90,272 were on the market on average 100 days and sold an average of $64,722.

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
Jul 1, 2018 – Jul 31, 2018
Aug 1, 2018 – Aug 31, 2018
Month
July
August
Average Listing Price
$123,933
$228,898
Median Sales Price
$121,000
$140,543
Month supply of inventory
4
6.8
Market Time Detached
60 days
83 days
Market Time Attached
0 days
0 days
Inventory
5 properties
177 properties
Low price range
$107,000 – $114,000
$40,000 – $90,272
Low price range market time
114 days
100 days
Low price range units sold
0
9
Low price range bedrooms
3
2.1
Low price range bathrooms
1
1.5
Low price range approx sqft
0 SF
835 SF
Mid price range
$114,001 – $127,999
$90,273 – $245,271
Mid price range market time
0 days
54 days
Mid price range units sold
0
11
Mid price range bedrooms
0
2.9
Mid price range bathrooms
0
1.5
Mid price range approx sqft
0 SF
1,524 SF
High price range
$128,000 – $135,000
$245,272 – $350,000
High price range market time
5 days
179 days
High price range units sold
1
2
High price range bedrooms
2
3
High price range bathrooms
1
2.5
High price range approxsqft
1,032 SF
2,250 SF