Want to buy a Wilmington Home? Search all homes for sale.
If you're looking to buy or sell a home this summer, then you're in luck. I'll be covering what happened from January 2015 until May 2015.
- Sold properties increased by 11.38%
- There are 3,170 active properties
- The average list price is $402,000
- The average sale price came out to $242,207, which was an increase of 4.78%
- The sweet spot in the market with the most demand is in between the $150K to $250K range
- We also only have 4.91 months of inventory, which is rather low
- The entire city of Wilmington only has 5.4 months of inventory, which is also very low
- Interest rates are also beginning to pick up, so if you've been waiting to buy, then now may be a perfect opportunity