Wilmington Delaware Real Estate Market Update Dec. 13, 2009
Active Single Family Homes Min. 3 Bedrooms ....... 60
Active Town homes, condos and 1 & 2 beds ....... 655
Pending homes (waiting for settlement) ......... 93
Sold homes last 30 days .........72
Sales in the City of Wilmington continue to be slow with approx. 10 months supply of homes available. Buyers are in a very good position with home prices falling in many cases and with a intrest rate in the mid 4% area for a fixed rate. Buyers also can use the Federal Tax Credit and the First time home buyers credit allowing them to purchase a home for as low as $500 in many cases.
Its good to be a buyer in Wilmington right now!
Larry Hultberg Delaware Realtor 302-530-9186
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