Wilmington NC Home Sales February 2013
Regional home sales continue to increase.
Figures released Monday by the Wilmington Regional Association of Realtors show a 7 percent hike in the number of homes sold in the greater Wilmington area in February compared to February 2012.
In all, 397 homes were sold last month throughout New Hanover, northern Brunswick and Pender counties – up from 371 homes sold in February 2012.
The median price for a home, which serves as the midpoint in price for which all properties are sold during a given time period, increased last month to $175,000, up from $162,000 in February 2012.
The average price of a home sold in February decreased slightly from a year earlier to $219,251 versus $222,042.
Year-to-date, 836 residences have been sold in the greater Wilmington market.