WILMINGTON REAL ESTATE - Week of April 16th, 2012

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Real Estate Agent with Keller Williams Realty
WILMINGTON Real Estate - Week Of April 16th, 2012


Here is a snapshot of real estate market for single family homes in WILMINGTON, MA for the week of April 16th, 2012. (Source: AltosResearch)

  For Week of April 16th, 2012
Median Price $417,400
Average List Price $427,554
Average Days on Market 123
Number of Homes On Market 72
Median House Size 2068 sq ft.
Market Action Index 16.3 - Strong Buyer's


Data provided by ©2011 Altos Research LLC.

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

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

 

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