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Wilmington Market Trends

Today, November 9, 2009

Median Sales Price in Wilmington

Embed Info
1 yr 5 yr Max
Wilmington median sales prices
Number of sold homes in Wilmington
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$126,450+1.2%$126,450$124,950$108,750
2 bedrooms$165,000+6.5%$167,900$155,000$133,480
3 bedrooms$193,750-5.0%$198,000$204,000$162,000
4 bedrooms$315,000+12.5%$327,000$280,000$263,000
All properties$206,000+1.0%$217,500$204,000$167,900
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Wilmington Summary

The median sales price for homes in Wilmington DE for Aug 09 to Oct 09 was $206,000. This represents a decline of 5.3%, or $11,500, compared to the prior quarter and an increase of 1% compared to the prior year. Sales prices have appreciated 22.7% over the last 5 years in Wilmington.

The average listing price for Wilmington homes for sale on Trulia was $261,943 for the week ending Nov 04, which represents an increase of 0.3%, or $667, compared to the prior week and an increase of 0.5%, or $1,382, compared to the week ending Oct 14. Average price per square foot for Wilmington DE was $152, an increase of 2.7% compared to the same period last year. Popular neighborhoods in Wilmington include Highlands, Baynard Village, Hilltop, Brandywine Village, Brandywine Hills, and Wawaset Park.

 

Average Listing Price in Wilmington

Embed Info
1 yr 5 yr Max
Wilmington average property price
Wilmington – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom$165,976+1.8%$163,069$170,150$170,955
2 bedrooms$170,459-0.8%$171,833$172,165$173,949
3 bedrooms$215,8640.0%$215,904$212,879$208,223
4 bedrooms$344,796+0.2%$344,252$358,382$362,111
All properties$261,943+0.3%$261,276$264,703$260,561
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Average Price Per Sqft for Homes in Wilmington

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1 yr 5 yr Max
Wilmington average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$163-27.9%$134$226$414
2 bedrooms$152+2.7%$147$148$132
3 bedrooms$151+2.7%$145$147$131
4 bedrooms$151+1.3%$165$149$147
All properties$152+2.7%$153$148$141
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Popular Neighborhoods in Wilmington

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
Highlands 1 — 1 1
Baynard Village 2 — 2 2
Hilltop 3 +1 4 3
Brandywine Village 4 +4 8 8
Brandywine Hills 5 +1 6 5
Wawaset Park 6 -1 5 7
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Homes for Sale in Wilmington

1107 Lancaster Avenue, Wilmington DE
1107 Lanca…
$98,500
3 br  1 ½ ba
2700 Creston Place, Wilmington DE
2700 Crest…
$99,000
3 br  1 ½ ba
301 Rosemont Drive, Wilmington DE
301 Rosemo…
$224,900
3 br  1 ½ ba
1905 Lancaster Avenue, Wilmington DE
1905 Lanca…
$175,000
 
1122 North Hilton Road, Wilmington DE
1122 N Hil…
$279,900
3 br  2 ba
817 West 7th Street, Wilmington DE
817 W 7th…
$65,000
3 br  1 ba
View all Wilmington Homes for Sale
 
Stats & Trends
Wilmington

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Highlands

Baynard Village

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  • Bancroft Parkway
  • Baynard Village
  • Brandywine Hills
  • Brandywine Village
  • Browntown
  • Compton Village
  • Cool Springs
  • Hedgeville
  • Highlands
  • Hilltop
  • Mid-town Brandywine
  • Northwest
  • The Flats
  • Trinity Vicinity
  • Union Park Gardens
  • Wawaset Park
  • Westmoreland
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Nearby Cities

Cities
Median
sales price
Average
listing price
Newport
$207,500
$210,902
Rockland
$460,000
$982,683
New Castle
$165,000
$209,828
Greenville
$3,400,000
$1,494,127
Claymont
$199,366
$206,994
Yorklyn
$46,000
$1,138,500
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Advice & Opinions

Recent Q&A in Wilmington, DE

Q: We are thinking about moving to Wilmington for a job. We are looking for an area that (1) has good to excellent schools; (2) is close enough to walk 3 answers
Q: Does the tax credit only apply to first time buyers? If you get the credit and it is mor than your tax liability can it be carried to future years? 5 answers
Q: What are your condo fees and what do they include? 3 answers
Q: what are the more upscale areas of the Wilmington area? 5 answers
Q: I'm the first time home buyer and I'm looking for a condo in Birch Pointe with 2 bed 2 bath in Wilmington DE. 3 answers

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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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Wilmington Stats & Trends

  • Wilmington Real Estate Overview
  • Wilmington Schools
  • Wilmington Community Info
  • Wilmington Home Prices
  • Wilmington Real Estate
  • Wilmington Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Wilmington real estate market. Find Wilmington properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Wilmington average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Wilmington housing statistics are available for each Wilmington, DE neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.