Wilmington Real Estate Market Update
MP4•एपिसोड होम
Manage episode 178897329 series 1331864
Andy Richardson द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Andy Richardson या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Right now, the Wilmington market favors home sellers.
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What’s happening in the Wilmington market?
The Wilmington market is firmly in a seller's market in price ranges below $300,000. In that range, inventory is extremely low and demand is high.
There are currently just 1,158 active listings on the market with a median list price of $349,900. In the last six months, we've sold 1,863 homes with an average sales price of $225,000. They also sold in an average of just 36 days.
Our pending ratio, which determines how many properties are under contract versus how many are currently on the market, is running around about 42%, which is a high number. We're definitely in need of more homes to sell.
We're definitely in need of more homes to sell.
23 एपिसोडस