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WILMINGTON Real Estate Market Trends: Week of February 1st, 2016

By
Real Estate Agent with LAER Realty Partners
WILMINGTON Real Estate Market Trends:
 Week of February 1st, 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 February 1st, 2016. (Source: AltosResearch).

Week of February 1st, 2016 Single Family Homes Condo/Townhouse
Median List Price $679,450 $399,000
Average List Price $651,692 $411,671
Average Days on Market 107 175
No. of Homes On Market 26 7
Median House Size 2,500 sq ft. 1,500 sq ft.
Market Action Index

45.2- Strong Seller's

26.5 - 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 $679,450. The 26 properties have been on the market for an average of 107 days.  Asking price per square feet is $262. The most expensive single family home is listed at $959,000 and the least at $389,900. The median list price in WILMINGTON, MA for condo/townhouse this week is $399,000. The 7 properties have been on the market for an average of 175 days. Asking price per square feet is $274. The most expensivre condo is listed at $599,900 and the least at $239,900.

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Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price for single family homes in Wilmington is approaching $680K.

Apr 01, 2016 03:13 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

And Average List Price for single family homes in Wilmington is approaching $655K.

Apr 01, 2016 03:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price for Condos is $400K and average list price here is $412K.

Apr 01, 2016 03:20 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Single Family homes are selling at $262/sq ft and condos at $274/sq ft.

Apr 01, 2016 03:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

26 single family homes are on market for average 107 days.

Apr 01, 2016 03:27 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

only 7 condos or townhomes are on market for average 175 days.

Apr 01, 2016 03:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

It's storng seller's market at 45.2 as market action index for single family homes.

Apr 01, 2016 03:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

It's buyer's advantage at 26.5 as market action index for single family homes.

Apr 01, 2016 03:35 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in Wilmington this week is at $959K.

Mar 11, 2017 09:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home listing in Wilmington this week is at $390K.

Mar 11, 2017 09:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in Wilmington this week is at $600K.

Mar 11, 2017 09:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in Wilmington this week is at $240K.

Mar 11, 2017 09:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,500 sq ft in Wilmington this week.

Mar 11, 2017 09:16 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.

Mar 11, 2017 09:16 PM