Multiple Offers Abound for Wilmington NC Real Estate

Hi, I’m Jay Seville, head of the JustNewListings.com team in Wilmington, North

Carolina. Although the primary website I use is Wilmington-real-estate.com with a cutting edge 

video commentary, analysis and is nowhere to be found in the coast of Carolina period. So do 

check out Wilmington-real-estate.com with dashes. 

I’m just sharing with you on the fly what’s going on the market in Wilmington and Hampstead 

and downtown Wilmington homes as well. And that is in the $200,000 price range and lower, there 

is an intense sellers market going on. For the fifth time in 10 days, four clients of mine have 

come across houses they wanted that already had multiple offers on them within days of coming 

on the markets. So, right now if you asked your prices range 200,000-ish and under in Greater 

Wilmington. It’s very important that you get to the property fast and if the property happens to 

fit you well, you need to write on it fast and get it off the market. Remember, you still have three 

weeks of due diligence left and you can change your mind and void the contract for any reason. 

But if the home might work for you, get it on a contract, so you don’t lose it and you have to get 

there fast because other buyers – we have three months of pent-up demand for houses because 

of our intense weather, we had here about the worst winter ever. And half of the buyers are 

from the Northeast and they also had a crazy winter. So, for three months there’s been pent-up 

demand and buyers are finally flooding the market after resting and dealing with weather the last 

three months. So, it’s very intense. 

Historic District Downtown Wilmington NC Real Estate Heats Up

I have another guy under contract in Wrightsville Beach and that was a property with a boat slip 

and now has multiple offers. We thought we had an agreement another offer came in better and 

it was a miracle that I pulled off negotiating for our guy to still get it with a little bump. But the 

point is even in that higher price bracket over 400, there was still multiple offers to deal with. 

So, there’s a little input on the market, I’ll let you know more when I can about some of the 

higher price brackets but that’s where we are at now at that niche. Talk to you soon.