Wilmington Real Estate Market Conditions & Reports, Wilmington Market Trends, North Carolina

Market Commentary Provided by Bill Bright

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Bill Bright
Bright Realty, L.L.C.
Wilmington, North Carolina
910-393-9378
Bill@BrightRealtyNC.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

60-90 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$250,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Wilmington is

Seller Activity for the past 90 days in Wilmington is

Is Financing Available For Qualified Buyers in Wilmington?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Hampstead, NC, Northern New Hanover County.

Reason to Buy/Sell

Population Growth

Average Sold Price

$250,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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