Wilmington, MA Real Estate News

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Here's Wilmington's stats for week ending 12/25/2010 - Single family Homes (Data Source: MLSPIN) # of homes sold - 1 Average Sale Price: $350,000 sold at 95% of original asking price Median Price: $350,000 # of Days on market: 86 Total Volume: $350,000 And there were no sales for Condo or Multi-family in Wilmington this week. Not a good indicator.
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com
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By Ryan Covino
(Northeast RealtyPartners)
Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x344
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x 344
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
  This is the activity report for Wilmington, MA for the week of November 15th, 2010. (Data Source: MLSPIN)       New listing : 1 (average sale price: $295,000) Price Changes: 4 (average price change: -2.33%) Pending and Under Agreement: 2 (average price: $472,400) Sold: 3 (average sale price: $401,667, sold at 92% of original asking price) Expired Listings: 1  
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x344
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
This is the activity report for Wilmington, MA for the week of November 8th, 2010. (Data Source: MLSPIN) New listing : 5 (average list price: $348,740) Price Changes: 4 (average price change: +0.36%) with one listing increasing the list price by $35,000! Pending and Under Agreement: 3 (average price: $443,267) Sold: 3 (average sale price: $438,467, sold at 97% of original asking price) Expired Listings: 0!
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x344
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Here is the market snapshot for the sales of Condominiums for the month of October 2010 for Wlimington, MA. (Data Source: MLSPIN). The surprise factor for me was - not a single condo was sold in Wilmington for the month of October, 2010 as per MLSPIN data - so you may read this data only for single family homes in Wilmington, MA. Median Sale Price: $355,000 ($372,000 for September, 2010.) Days on Market: 106 (up slightly from September 2010 - was 102) Average Sales Price: $360,981 ($385,542 for September 2010) Number of homes sold: 16 (12 in September 2010) Total Sales Volume: ~$5.8M (~$4.6M for September 2010)   Based on this, we can say, October 2010 was a better month for number of homes sold as well as total sales volume, despite the median and average sales price dipped little bit....
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x 344
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By Ryan Covino
(Northeast RealtyPartners)
Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
How are the sales in Wilmington, MA for September 2010? This time, based on the munbers, I have combined both Single Family and Condominiums and have prepared the sold statistics for Wilmington, MA for the month of September, 2010. (Courtesy: MLSPIN) Wilmington Stats Sept 2010     It is clear that FALL market is setting in in Wilmington, MA. Combined sale of only 12 units for the whole town of Wilmington does not sound promising. What is interesting is, the lowest sale price is $270,000 and highest is only $530,000! With paltry $4.6M in volume for the whole month (only MLSPIN records) and days on market going up up and up, we are not going anywhere - or if at all we are going anywhere, it's not desirable.
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x 344
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Wilmington, MA Real Estate Market trends over last 3 months..(courtesy: AltosResearch) This chart shows variation in price and inventory. Inventory is stable but median price is going down!   The next chart shows days on market and absorption of the homes over past 90 days. (little fluctuation in absorptionbut boy..days on market has gone up from 54 to 72 - almost 33% increase!!!     So these were the charts that presented the facts about Wilmington Real Estate Market Trends over last 90 days.
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x344
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By Anthony Giglio, AnthonySellsMN!
(eXp Realty)
The Suburban Boston Home Show is an event you will not want to miss! The Suburban Boston Home Show "is an event designed for homeowners in all stages of remodeling, landscaping and decorating their homes. Each event includes hundreds of exhibits with merchandise, sample interior and exterior vignettes, and product demonstrations. With a combination of new products and expert advice from the pros, the Home Show inspires homeowners with countless ideas on enhancing their home's comfort and functionality, as well as its aesthetic appeal and overall value" (www.acshomeshow.com) Some of the exhibitor's categories will include: Kitchens, Bathrooms, Decks, Doors, Landscaping, Waterproofing, Windows, Interior Design, Basement Systems, Siding, Gutters and so much more! This year's Suburban Bost...
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com 978 657 7010 x 344
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
How is the market for Wilmington Real Estate? Let me share some information using this chart (Courtsy: AltorsResearch) and discuss what is happening in Wilminton Real Estate Market. This chart clearly indicates that inventory is steady - at about 86 - in wilmington in last 90 days, but median sale prices are falling rapidly - they are still down! Almost $15,000 in 3 months! So, if you are waiting to buy in Wilmington, may be.....Just be cautious of the rising mortgage interest rates - they are one of the lowest in many years and you do not want to wait for too long!
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Hi, If you are thinking of buying or selling a single family home in Wilmington, MA you may want to follow this blog to stay up to date on which way the real estate market is trending.  Every week my team goes through which houses came on the market, which had price improvements, back on market, re-activated, went under agreement and most importantly....which sold! So follow the blog to stay up to date! Ryan Covino ryan@ryancovino.com
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Wilmington, MA Real Estate Professionals