WILMINGTON Real Estate Market Trends: Week of November 21st 2016

By
Real Estate Agent with LAER Realty Partners
http://activerain.com/droplet/4Ykf
WILMINGTON Real Estate Market Trends:
 Week of November 21st, 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. The 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 November 21st, 2016. (Source: AltosResearch).

Week of November 21st, 2016 Single Family Homes Condo/Townhouse
Median List Price $474,900 $329,900
Average List Price $515,720 $329,900
Average Days on Market 54 105
No. of Homes On Market 30 1
Median House Size 2,073 sq ft. 887 sq ft.
Market Action Index

53.6 - Strong Seller's

26.9 - Buyer's Advantage

Data provided by ©2005-2014 Altos Research LLC.

The median list price in WILMINGTON, MA for single family homes this week is $474,900. The 30 properties have been on the market for an average of 54 days. Asking price per square feet is $261. The most expensive single family home is listed at $799,900 and the least at $280,000. The median list price in WILMINGTON, MA for condo/townhouse this week is $329,900. The 1 properties have been on the market for an average of 98 days. Asking price per square feet is $371. The most expensive condo is listed at $329,900 and the least at $329,900.

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

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