WILMINGTON Real Estate Market Trends: Week of July 11th, 2016

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4Vsv
WILMINGTON Real Estate Market Trends:
 Week of July 11th, 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 July 11th, 2016. (Source: AltosResearch).

Week of July 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $454,900 $369,000
Average List Price $502,703 $376,267
Average Days on Market 62 203
No. of Homes On Market 27 3
Median House Size 2,065 sq ft. 1,316 sq ft.
Market Action Index

64.4 - Strong Seller's

48.5 - 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 $454,900. The 27 properties have been on the market for an average of 62 days. Asking price per square feet is $235. The most expensive single family home is listed at $899,900 and the least at $242,000. The median list price in WILMINGTON, MA for condo/townhouse this week is $369,000. The 3 properties have been on the market for an average of 203 days. Asking price per square feet is $286. The most expensive condo is listed at $409,900 and the least at $329,900.

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

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Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
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There are 27 Single Family Homes on the market this week in Wilmington.

Sep 22, 2017 11:46 PM #5
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 2,065 sq ft in Wilmington this week.

Sep 22, 2017 11:46 PM #6
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the single Family Homes this week in Wilmington is 64.4.

Sep 22, 2017 11:46 PM #7
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Praful Thakkar
LAER Realty Partners - Andover, MA
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The most expensive single-family home listing in Wilmington this week is at $900K.

Sep 22, 2017 11:46 PM #8
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive single-family home listing in Wilmington this week is at $242K.

Sep 22, 2017 11:46 PM #9
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the single family homes in Wilmington this week is $235/sq ft.

Sep 22, 2017 11:47 PM #10
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A low number of days on market and low inventory shows Single Family Market in Wilmington is really hot.

Sep 22, 2017 11:47 PM #11
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Based on the median price and the average price, it seems the market for single-family homes is going up.

Sep 22, 2017 11:47 PM #12
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Let me continue with the market trends for condo or townhomes in Wilmington this week.

Sep 22, 2017 11:47 PM #13
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Median List Price of the Condo or townhomes this week in Wilmington is $369K.

Sep 22, 2017 11:47 PM #14
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Average List Price of condo or townhomes this week in Wilmington is $376K.

Sep 22, 2017 11:47 PM #15
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average days on market for condo or townhomes this week in Wilmington is 203.

Sep 22, 2017 11:47 PM #16
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 3 condo or townhomes on the market this week in Wilmington.

Sep 22, 2017 11:48 PM #17
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 1,316 sq ft in Wilmington this week.

Sep 22, 2017 11:48 PM #18
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the Condo or Townhomes this week in Wilmington is 48.5.

Sep 22, 2017 11:48 PM #19
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive condo or townhome listing in Wilmington this week is at $410K.

Sep 22, 2017 11:48 PM #20
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive condo or townhome listing in Wilmington this week is at $330K.

Sep 22, 2017 11:48 PM #21
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the condo or townhomes in Wilmington this week is $286/sq ft.

Sep 22, 2017 11:48 PM #22
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A low number of days on market and low inventory shows Condo or townhomes Market in Wilmington is really hot.

Sep 22, 2017 11:48 PM #23
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Based on the median price and the average price, it seems the market for condos and townhomes is steady.

Sep 22, 2017 11:49 PM #24
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