Everything You Need to Know About Home Sales in Wilmington

How much would your Wilmington home sell for in today's market? 

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Today I'd like to discuss home sales in the Wilmington area. Whether you're planning on buying or selling, this information should be useful to you.

Overall, August home sales rose by 8% since 2014. There were 678 home sales this August, and the median home price was $218,000, which was a 3% increase from last year.

 

The average days on market for homes in Wilmington was 105 days. Inventory is also sitting at 6.8 months, and this is creating a very neutral market. However, in some price ranges we're definitely seeing more of a seller's market taking shape.

If you have any further questions about our real estate market, please don't hesitate to ask. I'm always here to help you!