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Wilmington, MA Real Estate News

By Praful Thakkar, Metro Boston Homes For Sale
(LAER Realty Partners)
This was the activity in Wilmington, MA - for the real estate market in the month of August 2010.   Frankly speaking - it does not look good - only 13 single family homes sold in the whole month which has 31 days! Total volume - only 5.472M - again, could have been lot better. The good numbers? 92 days on market is lot better than that of North Andover and 97% of asking price at which the homes are sold.   I wanted to write another post for Condo Sales - and decided not to write one. Reason? No Condo sold in the month of August 2010! (Courtesy - MLSPIN). I will have to check this again - and if I am not right, I'll post one more blog but...
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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      
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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 ext 344
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By Kevin Vitali, Helping Massachusetts Home Buyers and Home Sellers
(EXIT Realty Beatrice Associates)
  Wilmington Massachusetts Real Estate Market Update   Wilmington MA Single Family Homes SF Homes Sold: 19 Avgerage days on Market: 121 Original List to Sold Price: 96% Lowest Price Home: $175,000 Highest Price Home: $614,000 Average SF Home Price: $415,937p> Median SF Home Price: $430,000   Wilmington MA Condominiums No condo sales for the month of May Condominium Units Sold: 0 Average days on Market: 0 Original List to Sold Price: 0 Lowest Price Condo: Highest Price Condo: $375,000 Average Condominium Price: 0 Median Condominium Price: 0 View all the Wilmington MA Real Estate for Sale View all the Wilmington MA Condominiums, Condos and Townhouses for sale Wilmington Massachusetts Short Sales- Avoid Foreclosure       < __________________________________________________________________...
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By Lynda Longmire
(Virtual Homes Real Estate)
Wilmington, Massachusetts Real Estate and Homes for Sale - Direct MLS Access The Wilmington MA real estate and home buying process can be complicated and you will benefit from the guidance of industry professionals. A real estate buyer's agent, mortgage lender and an attorney are the primary advisers in the purchase of property. If you are a first-time home buyer or an existing owner, you may qualify for a tax credit and could be eligible for special financing programs. Start your search be determining your price range, housing needs and lifestyle you desire. Wilmington MA real estate will assist you in finding the right property to meet your needs from local area homes for sale, foreclosed listings (bank-owned), land, condominiums,  all through the MA Multiple Listing Service (MLS). Re...
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By Carol McDonald, Macri, CDPE, GRI, SRES, SRS
(ERA Andrew Realty)
It seems headline after headline keep talking about children being abducted or attempted abductions...  As a parent of a six year old daughter, I can't even begin to think of it happening to me or anyone in my family.  The attached link is a segment from Dr. Phil that outlines what EVERY parent should be teaching their children, just in case.... http://drphil.com/slideshows/slideshow/5401/?id=5401&showID=1349 I had my 6 year old practicing it tonight!  Let's all work on keeping our children safe! It's a good life! Carol McDonald  
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By Carol McDonald, Macri, CDPE, GRI, SRES, SRS
(ERA Andrew Realty)
There are currently 57 single family homes on the market today with an average list price of $448,228 with an average days on market of 202 days.  There are currently 22 single family homes under contract to close with an average list price of $348,150 with an averages days on market of 129 days.  More importantly are the closed transactions.  In the last 90 days, there have been 46 single family sales with an average list price of $378,070; an average sale price of $361,551 with an average days on market of 124 days.  The lowest sale price was $219,900 and the highest sale price was $649,000.  This data demonstrates that real estate is still selling in Wilmington.  Offering the correct price, terms and conditions will result in a sale!  Carol McDonald The Solutions Team RE/MAX ENCORE  
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By Carol McDonald, Macri, CDPE, GRI, SRES, SRS
(ERA Andrew Realty)
Life is crazy as it is with everyone I'm sure!  I'm happy to report that business is finally here again...but never too busy for your referrals!  Let's all hope that the Tax Credit is extended through the spring.  It will help keep the recovery happening!  
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By Carol McDonald, Macri, CDPE, GRI, SRES, SRS
(ERA Andrew Realty)
With the 4th of July fast approaching, this is just a reminder to show your patronage and put out your American Flag!  Mine is out year round!  We should all be grateful for living in this country and enjoying all the freedoms that we take for granted.  I saw a bumper sticker the other day that said "If you don't stand behind our troops, feel free to step in front of them!"  Loved it!! It's a good life! Carol    
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By Kevin Vitali, Helping Massachusetts Home Buyers and Home Sellers
(EXIT Realty Beatrice Associates)
Wilmington Massachusetts Quarterly Real Estate Update     Wilmington Single Family Homes Units Sold   28 Avgerage days on Market   170 Original List to Sold Price   90% Lowest Price $120,000-  Highest Price: $664,900 Average Price: $355,552 Median Price   $330,000   No condos sold in Wilmington MA in the 1st Quarter of 2009   Market Date is important to home buyers and home sellers.  It shows you which way the market is trending and helps put either a negotiating strategy or pricing strategy in place.  View Wilmington Massachusetts Homes for Sale Find out more about Wilmington Massachusetts         _____________________________________________________________________________________________ This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can con...
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By Kevin Vitali, Helping Massachusetts Home Buyers and Home Sellers
(EXIT Realty Beatrice Associates)
I know in my area I am seeing inventory dry up houses selling quicker and on lower end properties some compeitive bidding.  We have seen a huge drop in multi family prices with investors starting to gobble them up. I think we are going to see the market flatten out in the next 6 months.   Only time will tell. Read the articel from Inman News.     ____________________________________________________________________________________ This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422. I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.   Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampsh...
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Wilmington, Massachusetts - Wilmington, MA was established in 1730 and is located about fifteen miles north of Boston.  It has a great location having several exits along route 93.  You can be in New Hampsire or Boston within 20 minutes.  Some major routes passing through Wilmington are route route 93, route 62, route 38 and route 129.Add your Wilmington business to the Wilmington Business Directory at DailyHomeOwner.comWilmington average home sale price for the third quarter of 2007 was about $530,000 compared to $404,000 in the second quarter of 2007.There were 67 home sales in Wilmington in the third quarter of 2007 compared to 72 in the second quarter of 2007.Useful Wilmington, MA links:Town of Wilmington Official Website Wilmington, MA real estate videos Wilmington, MA page on the ...
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By Richard Rosa, Exclusive Buyer Agent
(Buyers Brokers Only, LLC)
During the first six months of the year, the median price for a single-family home in Wilmington, Massachusetts has declined 9 percent compared to the same period in 2006, according to data I researched using the MLS Property Information Network, Inc. Median Sales Price for Single-family Home in Wilmington, MA: Median Price January Through June 2006: $420,000Median Price January Through June 2007: $381,750Median Price Decline of 9 percent in First Six Months of 2007Median Price June 2006: $445,250Median Price June 2007: $385,000Median Price Decline of 13.5 percent in June 2007 Average Days on the Market for Single-family Homes in Wilmington, MA: Average DOM January Through June 2006: 125 days Average DOM January Through June 2007: 170 days Average DOM Increased 36 Percent in First Six ...
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