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 8.94 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 50 days.
The number of home sales in Wilmington from August 1, 2019 through August 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 $114/Sq.Ft, which is 43% an increase from last month.
In Wilmington there were 5 units sold in August in the price range between $35,000 – $108,832 with an average of 1.8 bedrooms and 1.2 bathrooms and average Square footage of 890SF.
In Wilmington there were 11 units sold in August in the price range between $108,833 – $391,331 with an average of 2.8 bedrooms and 1.7 bathrooms and average Square footage of 1,610SF.
In Wilmington there were 1 units sold in August in the price range between $391,332 – $600,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 6,000SF.
The low price range had the most activity. Homes up to $108,832 were on the market on average 80 days and sold an average of $85,400.
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!