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WILMINGTON Real Estate Market Trends: Week of January 16th 2017

By
Real Estate Agent with LAER Realty Partners
WILMINGTON Real Estate Market Trends:
Week of January 16th, 2017

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 January 16th, 2017. (Source: AltosResearch).

Week of January 16th, 2017 Single Family Homes Condo/Townhouse
Median List Price $699,900 $332,400
Average List Price $610,567 $346,150
Average Days on Market 118 126
No. of Homes On Market 15 4
Median House Size 2,500 sq ft. 894 sq ft.
Market Action Index

53.4 - Strong Seller's

21.5 - Buyer's Advantage

Data provided by ©2005-2017 Altos Research LLC.

The median list price in WILMINGTON, MA for single family homes this week is $699,900. The 15 properties have been on the market for an average of 118 days. Asking price per square feet is $283. The most expensive single family home is listed at $799,900 and the least at $329,900. The median list price in WILMINGTON, MA for condo/townhouse this week is $332,400. The 4 properties have been on the market for an average of 126 days. Asking price per square feet is $372. 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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