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WILMINGTON Real Estate Market Trends: Week of December 26th 2016

By
Real Estate Agent with LAER Realty Partners
WILMINGTON Real Estate Market Trends:
Week of December 26th, 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 December 26th, 2016. (Source: AltosResearch).

Week of December 26th, 2016 Single Family Homes Condo/Townhouse
Median List Price $529,000 $334,900
Average List Price $567,300 $351,566
Average Days on Market 80 93
No. of Homes On Market 21 3
Median House Size 2,240 sq ft. 900 sq ft.
Market Action Index

52.7 - Strong Seller's

21.2 - 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 $529,000. The 21 properties have been on the market for an average of 80 days. Asking price per square feet is $277. The most expensive single family home is listed at $799,900 and the least at $345,000. The median list price in WILMINGTON, MA for condo/townhouse this week is $334,900. The 3 properties have been on the market for an average of 93 days. Asking price per square feet is $371. The most expensive condo is listed at $389,900 and the least at $329,900.

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

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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Praful...this is yet another great market report from you. Keep up the gread job. 

Jan 28, 2017 06:06 PM