It’s no secret that at Nest Realty, we dig data. So much that we’ve pored through market and real estate numbers for the year thus far to pull out and share bite-sized data points with you. In this 2021 Wilmington Mid-Year Market Report, we present a snapshot of current conditions. We focus on local insights that pertain to you, so that if you decide to buy or sell, you can make confident, informed decisions.
Highlights:
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There were 4,590 total home sales in the Wilmington MSA in the first half of 2021 compared to 3,698 in 2020. This translates to a 24.12% increase.
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From Q2 2020 to Q2 2021 the average sales price increased by 20.53%. In 2021 the average sales price was $391,761 compared to $325,026 in 2020.
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So far in 2021 on average a listing stayed on the market for 50 days before closing. The average price per square foot was $208.
Click here to read the full 2021 Wilmington Mid-Year Market Report.
Eager to learn more? Our Nest Brokers would love to chat about current market conditions and how we can help you achieve your real estate goals.
