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WILMINGTON Real Estate Market Trends: Week of April 18th, 2016

By
Real Estate Agent with LAER Realty Partners
WILMINGTON Real Estate Market Trends:
 Week of April 18th, 2016

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Here is a snapshot of real estate market for single family homes and condo/townhouses in WILMINGTON, MA for the week of April 18th, 2016. (Source: AltosResearch).

Week of April 18th, 2016 Single Family Homes Condo/Townhouse
Median List Price $659,900 $412,500
Average List Price $586,464 $411,700
Average Days on Market 101 210
No. of Homes On Market 31 5
Median House Size 2,420 sq ft. 1,500 sq ft.
Market Action Index

56.0- Strong Seller's

48.9 - Strong Seller's

Data provided by ©2005-2014 Altos Research LLC.

The median list price in WILMINGTON, MA for single family homes this week is $659,900. The 31 properties have been on the market for an average of 101 days.  Asking price per square feet is $269. The most expensive single family home is listed at $850,000 and the least at $235,000. The median list price in WILMINGTON, MA for condo/townhouse this week is $412,500. The 5 properties have been on the market for an average of 210 days. Asking price per square feet is $279. The most expensivre condo is listed at $449,000 and the least at $374,500.

SEARCH ALL AVAILABLE WILMINGTON HOMES FOR SALE, LIKE I DO!

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Comments (20)

Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Thanks for the market update Praful - your community is lucky to have you!

May 29, 2016 09:38 PM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate your local real estate market reports.

May 29, 2016 09:49 PM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Praful Thakkar -Excellent real estate update for the Wilmington, MA area.  You really show home and condo buyers and sellers in this community what is going on with their market! 

May 30, 2016 05:20 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments., Jennifer. Appreciate your kind words.

Oct 04, 2016 03:54 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Roy. I hope you are right.

Oct 04, 2016 03:54 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Laura A. I am sure this is helpful for consumers.

Oct 04, 2016 03:55 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of the Single Family Homes this week in Wilmington is $660K.

Oct 04, 2016 03:55 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of the Condo or townhomes this week in Wilmington is $413K.

Oct 04, 2016 03:55 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of the single Family Homes this week in Wilmington is $586K.

Oct 04, 2016 03:56 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of condo or townhomes this week in Wilmington is $412K.

Oct 04, 2016 03:56 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for single family homes this week in Wilmington is 101.

Oct 04, 2016 03:56 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for condo or townhomes this week in Wilmington is 210.

Oct 04, 2016 03:56 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 31 single family homes on the market this week in Wilmington.

Oct 04, 2016 03:56 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are only 5 condo or townhomes on the market this week in Wilmington.

Oct 04, 2016 03:57 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,420 sq ft in Wilmington this week.

Oct 04, 2016 03:57 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,500 sq ft in Wilmington this week.

Oct 04, 2016 03:57 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the single Family Homes this week in Wilmington is 56.0.

Oct 04, 2016 03:58 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the Condo or Townhomes this week in Wilmington is 48.9.

Oct 04, 2016 03:58 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for single family homes in Wilmington this week is $269/sq ft.

Oct 04, 2016 03:58 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in Wilmington this week is $279/sq ft.

Oct 04, 2016 03:58 PM