Wilmington Real Estate Summary 3-21-14

Average price per square foot for Wilmington NC was $124, an increase of 4.2% compared to the same period last year. The median sales price for homes in Wilmington NC for Dec 14 to Mar 15 was $186,500 based on 498 home sales. Compared to the same period one year ago, the median home sales price decreased 4.1%, or $8,000, and the number of home sales decreased 9.1%. There are currently 1,315 resale and new homes in Wilmington on Trulia, including 38 open houses, as well as 288 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Wilmington NC was $295,115 for the week ending Mar 04, which represents an increase of 0.4%, or $1,224, compared to the prior week. Popular neighborhoods in Wilmington include Landfall and Windemere, with average listing prices of $775,916 and $290,000.

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