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WILMINGTON Real Estate Market Trends: Week of August 8th, 2016

By
Real Estate Agent with LAER Realty Partners
WILMINGTON Real Estate Market Trends:
 Week of August 8th, 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 August 8th, 2016. (Source: AltosResearch).

Week of August 8th, 2016 Single Family Homes Condo/Townhouse
Median List Price $549,000 $389,500
Average List Price $546,258 $396,640
Average Days on Market 96 0
No. of Homes On Market 31 5
Median House Size 2,388 sq ft. 1,340 sq ft.
Market Action Index

58.4 - Strong Seller's

41.2 - Seller's Advantage

Data provided by ©2005-2014 Altos Research LLC.

The median list price in WILMINGTON, MA for single family homes this week is $549,000. The 31 properties have been on the market for an average of 96 days. Asking price per square feet is $241. The most expensive single family home is listed at $874,900 and the least at $200,000. The median list price in WILMINGTON, MA for condo/townhouse this week is $389,500. The 5 properties have been on the market for an average of 0 days. Asking price per square feet is $286. The most expensive condo is listed at $464,900 and the least at $329,900.

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

There are 31 Single Family Homes on the market this week in Wilmington.

Jan 07, 2018 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,388 sq ft in Wilmington this week.

Jan 07, 2018 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the single-family homes this week in Wilmington is 58.4.

Jan 07, 2018 09:44 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 $875K.

Jan 07, 2018 09:44 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 $200K.

Jan 07, 2018 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single-family homes in Wilmington this week is $241/sq ft.

Jan 07, 2018 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 07, 2018 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 07, 2018 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Median List Price of the Condo or townhomes this week in Wilmington is $390K.

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Average List Price of condo or townhomes this week in Wilmington is $397K.

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for condo or townhomes this week in Wilmington is 0.

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 5 condo or townhomes on the market this week in Wilmington.

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,340 sq ft in Wilmington this week.

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the Condo or Townhomes this week in Wilmington is 41.2.

Jan 07, 2018 09:45 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 $465K.

Jan 07, 2018 09:45 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 $330K.

Jan 07, 2018 09:45 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 07, 2018 09:46 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A high number of days on market and low inventory shows Condo or townhomes Market in Wilmington is likely to be hot.

Jan 07, 2018 09:46 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 07, 2018 09:46 PM