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!

Wilmington
Jul 1, 2019 – Jul 31, 2019
Aug 1, 2019 – Aug 31, 2019
Month
July
August
Average Listing Price
$268,755
$260,753
Median Sales Price
$140,699
$182,664
Month supply of inventory
8.4
8.9
Market Time Detached
90 days
50 days
Market Time Attached
0 days
0 days
Inventory
207 properties
213 properties
Low price range
$10,000 – $75,350
$35,000 – $108,832
Low price range market time
223 days
80 days
Low price range units sold
0
5
Low price range bedrooms
1.6
1.8
Low price range bathrooms
1
1.2
Low price range approx sqft
689 SF
890 SF
Mid price range
$75,351 – $231,599
$108,833 – $391,331
Mid price range market time
30 days
32 days
Mid price range units sold
12
11
Mid price range bedrooms
2.4
2.8
Mid price range bathrooms
1.2
1.7
Mid price range approx sqft
1,243 SF
1,610 SF
High price range
$231,600 – $322,500
$391,332 – $600,000
High price range market time
104 days
103 days
High price range units sold
4
1
High price range bedrooms
3.8
4
High price range bathrooms
2.6
3.1
High price range approxsqft
1,887 SF
6,000 SF