WILMINGTON Real Estate Market Trends: Week of December 12th 2016

By
Real Estate Agent with LAER Realty Partners
WILMINGTON Real Estate Market Trends:
 Week of December 12th, 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 12th, 2016. (Source: AltosResearch).

Week of December 12th, 2016 Single Family Homes Condo/Townhouse
Median List Price $529,900 $389,500
Average List Price $577,733 $396,640
Average Days on Market 84 108
No. of Homes On Market 21 5
Median House Size 2,390 sq ft. 1,340 sq ft.
Market Action Index

57.7 - 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 $529,000. The 21 properties have been on the market for an average of 84 days. Asking price per square feet is $276. The most expensive single family home is listed at $799,900 and the least at $362,000. 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 108 days. Asking price per square feet is $286. The most expensive condo is listed at $464,900 and the least at $329,900.

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

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Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Ah - so are you getting all your posts out of the way so that you can watch the Golden Globes tonight? have you seen Manchester by the Sea? That is the only movie I have seen - 

Jan 08, 2017 02:33 PM #1
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Lise Howe - no Golden Globe for me....lol! 

I have couple of movies on my list - The Girl on The Train and Manchester By The Sea.

Jan 08, 2017 02:44 PM #2
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
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