$1.7M  
The number of sellers reducing prices in the Wilmington market trended up to 150 over the last 30 days, extending a nine-week streak. During the same period, 90 sales were completed. Potential buyers should note that prices went up in Wilmington, with the median for this period rising from $122,149 to $124,450.
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Wilmington is a larger than average city in Delaware that has grown at a 10-year growth rate of -2.6%. However, the population of Wilmington ranks as the largest with 70,851 people. 19805, 19802, and 19809 are its three most populated zip codes. Wilmington is made up of homes that are older than most with a median of 64 years. The best school in the city is Ferris School for Boys.
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$489K  
The Wilmington market was healthy this week as sales climbed 5.7% to hit 92 homes sold over the last 30 days. To put it in perspective, close-by Pike Creek registered 41 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $120,000 over the latest reporting period for Wilmington, up from $118,000.
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$1.7M  
The number of price cuts in the Wilmington market climbed to 114 over the last 30 days, furthering a budding positive trend. Despite drops in list prices, sales also decreased to 76 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price of all transactions in Wilmington did not budge this week, remaining at $125,099.
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$1.7M  
There were 83 homes sold in the Wilmington market over the last 30 days, prolonging a five-week ascending trend. With a underwhelming 88 contracts executed, the lowest amount since January, that trend could be softening. During the same time frame, Pike Creek had the most of any other neighboring municipalities with 33 contracts executed. As contracts found a new low point, the median sales price went in the opposite direction, trending up for eight weeks to $127,900.
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$1.4M  
The Wilmington market saw sales remain flat this week with 90 homes sold over the last 30 days but new listings fell to 154. A months of inventory number of five reported this week continued a four-week downward trend.
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$189K  
Wilmington is much older than the rest of Delaware, with a median age of 34. It's much less affluent than average as well, with a median income of $42,178 per household. 19805, 19802, and 19809 are its three most populated zip codes. Condos and townhouses account for 13% of the area's current housing market. Topping the list of best schools in the city is Ferris School for Boys.
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$1.7M  
Over the last 30 days, the sale of 90 homes took place in the Wilmington market. This shows a 3.4% rise from the prior period and the continuation of a recent upward trend. The median sales price climbed to $136,000 over the latest reporting period for Wilmington, up from $115,000.
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$449K  
The Wilmington market will be more intense, as not only have sales risen this week to 85 homes sold over the last 30 days, but there is an extended upward trend of new listings, with 137 going live in the same time frame. The median sales price climbed to $116,087, up from last week's $115,543.
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$1.7M  
The Wilmington market looked solid in this week's report, as the number of home sales rose 4.5%, pushing the total to 69 homes sold over the last 30 days. To put it in perspective, close-by Pike Creek registered 15 homes sold in the same time frame, the most of all surrounding cities. The median sales price has been increasing as it hit $115,000, extending a four-week long spike.
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