Here's an update on current market conditions:
- We have 5,651 single family homes for sale per the MLS.
- 2008 year to date average sale price $ 257,434
- Oct. 2008 - Median Sold Price is $200,000
- 365 homes sold in October 2008, shows 16 month supply of single family homes
- List to Sale Price Ratio: 94.7%
- Average Days on the Market October 2008 -116 Days
Most would agree that an inventory supply over 6 months is a buyer's market. So now is the time to buy. A solid credit score, down payment, and low interest rates help make the process easy.
To view properties visit www.TheKeytoWilmington.com. Please let me know if I can provide additional information.
Diane Parker, Broker/Realtor/e-PRO
Coldwell Banker Sea Coast Realty
910-617-5244 or 910-202-3767
DianeParker@SeaCoastRealty.com
