“World's Most Complete Neighborpedia”
Sponsor a Community — What is Localism? | Register or Sign In
Explore:   What's happening in your neck of the woods?
Home

Wilmington NC Area Real Estate Market Report for July 2007

The Wilmington NC Area Real Estate market currently has 553 homes under contract. The market is healthy with sales prices averaging 98% list to sale price ratio. The most active price ranges are $200-250,000 with 397 homes currently on the market and a price to sales ratio of 98%, and the $250-300,000 range with 359 homes currently on the market and a price to sales ratio of 97%. There is quite a bit of variance in the days on the market (DOM ) with the $175,000-200,000 range experiencing the shortest average DOM at 72.

The key to selling your home at a good price to sale ratio is getting it priced right with the help of a Wilminton NC Realtor who knows the current market trends.

The key to purchasing a home in our market is having a Realtor who knows the market conditions overall and in the specific community that you want to purchase in. For market statistics particular neighborhood contact us. For more info on the Wilmington NC Real Estate contact us or visit our website: CoastHomeNorthCarolina.com

Week of July 19th
Price Range Active U/C UC/to Pend Expired (past 6 mos) Sold (past 6 mos) Avg List Price Avg Sold Price List/Sell % Avg DOM
0-$100,000 55 19 35% 14 62 $81,756 $74,700 91% 68
$100-125,000 61 34 56% 5 71 $118,242 $113,730 96% 61
$125-150,000 154 146 95% 16 170 $143,869 $138,996 97% 59
$150-175,000 322 74 23% 41 318 $167,439 $162,958 97% 86
$175-200,000 285 94 33% 56 258 $191,822 $186,947 97% 72
$200-250,000 397 92 23% 52 380 $230,961 $225,269 98% 83
$250-300,000 359 87 24% 53 267 $280,787 $273,495 97% 95
$300-350,000 203 53 26% 34 137 $334,930 $323,325 97% 91
$350-400,000 185 26 14% 28 112 $382,933 $374,313 98% 107
$400-450,000 128 29 23% 16 67 $433,620 $422,866 98% 133
$450-500,000 120 23 19% 16 53 $491,239 $478,029 97% 124
$500-600,000 160 23 14% 29 69 $556,307 $538,939 97% 107
$600-700,000 92 20 22% 19 45 $664,992 $652,451 98% 135
$700-800,000 67 11 16% 12 32 $761,109 $739,595 97% 158
$800-900,000 47 4 9% 5 13 $852,780 $846,980 99% 126
$900-1M 29 3 10% 6 6 $956,040 63
1M+ 141 14 10% 24 25 166
Total 2805 752 27% 2085
Posted Tuesday Jul 24