Here are the rest of the statistic for the Wilmington area (through June 30th):
Market Absorption rate - 11.3 month supply of single family homes. This decreased by 1.7 months from last month.
List to Sold price ratio - the average list price of the sold properties is $253,292 and the average sold price is $238,986 for June which gives a 94.4% list to sold price ratio - a decrease of .1% from June.
Seller Concessions - 30.8% of sold properties report a sales concession for June, an increase of 2.4%.
Days on Market - The average days on market for the sold properties is now at 119 for June. That is almost 5 + months to keep a property on the market. 20.4% of the properties were placed under contract in less than 15 days for the month of June.
To learn more about these statistics or Wilmington NC Real Estate contact me at 910-431-9395 or visit my website at www.livingbythecoast.com.
Categories: Buy a Home in Wilmington NC, Coastal Carolina Real Estate Finder, List a Home for Sale in Wilmington NC, Wilmington Real Estate
posted by Karen on 08.22.10 @ 9:49 am


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