{"id":894,"date":"2018-01-04T12:13:00","date_gmt":"2018-01-04T17:13:00","guid":{"rendered":"https:\/\/wilmingtonrealestateoptions.com\/?p=894"},"modified":"2022-07-09T11:09:18","modified_gmt":"2022-07-09T15:09:18","slug":"wilmington-28412-market-report","status":"publish","type":"post","link":"https:\/\/wilmingtonrealestateoptions.com\/wilmington-28412-market-report\/","title":{"rendered":"Wilmington 28412 Market Report"},"content":{"rendered":"\n<p style=\"text-align: left;\"><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>QUICK LOOK: Wilmington 28412 Market Report<\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong>$100K &#8211; $199K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #ff0000;\">Sellers Market<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> $200K &#8211; $299K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #ff0000;\">Sellers Market<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> $300K &#8211; $399K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #ff9900;\">Sellers Market<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> $400K &#8211; $499K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #ff9900;\">Sellers Market<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> $500K &#8211; $599K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #99cc00;\">Buyers Market<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong>$600K &#8211; $699K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #ffff00;\">Market is Neutral<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> $700K &#8211; $799K<\/strong>\u00a0 &#8211; <strong><span style=\"color: #33cccc;\">Buyers Market<\/span><\/strong><\/span><\/p>\n<p>\u00a0<\/p>\n<h3><span style=\"font-size: 14pt; color: #32afba;\"><strong>What does this mean?<\/strong><\/span><\/h3>\n<p>A <span style=\"color: #33cccc;\"><strong>Buyer\u2019s Market<\/strong><\/span> happens when there are more homes for sale than buyers to purchase them.<\/p>\n<ul>\n<li>If you\u2019re buying a new home, a buyer\u2019s market is a great time to make your move. You might be able to get a great home for a lower price than you would in a seller\u2019s market.<\/li>\n<li>If you\u2019re trying to sell your home in a buyer\u2019s market, it may stay on the market longer than normal due to the large number of available homes. You may also have to lower your listing price and\/or make other concessions to get a buyer.<\/li>\n<\/ul>\n<p>A <span style=\"color: #ff0000;\"><strong>Seller\u2019s Market<\/strong><\/span> happens when there are more buyers than available homes for sale.<\/p>\n<ul>\n<li>If you\u2019re selling a home, a seller\u2019s market is a great time to sell your home. You are more likely to secure a sale price that\u2019s closer to your listing price, and\/or above your bottom line (the lowest price you\u2019d take for your home).<\/li>\n<li>If you\u2019re buying a home in a seller\u2019s market, remember that the seller has the advantage. If multiple buyers are interested in the same home, trying to get a lower sale price probably won\u2019t work in your favor. It\u2019s usually the highest offer that gets accepted by the sellers.<\/li>\n<\/ul>\n<h3><span style=\"font-size: 14pt; color: #32afba;\"><strong>How to Determine if it&#8217;s a Buyer\u2019s Market or Seller\u2019s Market<\/strong><\/span><\/h3>\n<p>It\u2019s easy with our Wilmington 28412 Market Report. We&#8217;ve analyzed the data and created an easy to read chart. Just look at <a href=\"https:\/\/wilmingtonrealestateoptions.com\/wp-content\/uploads\/2018\/01\/Jan04-Wilmington-28412.pdf\" target=\"_blank\" rel=\"noopener\">page 3<\/a>. We update this report weekly to keep you informed. Download the January 4th, 2018\u00a0<a href=\"https:\/\/wilmingtonrealestateoptions.com\/wp-content\/uploads\/2018\/01\/Jan04-Wilmington-28412.pdf\" target=\"_blank\" rel=\"noopener\">Wilmington 28412 Market Report<\/a>.<\/p>\n<p>Over time you\u2019ll notice that the real estate market in Wilmington 28412 goes up and down based on seasons. In summer months (June \u2013 August), there are usually a lot more homes for than any other time of year. That means that it could be a seller\u2019s market in the winter but a buyer\u2019s market in the summer. Buyer\u2019s and seller\u2019s markets also depends on the area.<\/p>\n<p>Cities with good economies and lots of jobs can often be a seller\u2019s market, while those with struggling economies will likely be a buyer\u2019s market.<\/p>\n<p>Same goes for neighborhoods. Some neighborhoods in our area favor sellers most of the time, while others usually favor buyers. See market reports on the most popular neighborhoods in Wilmington and surrounding areas.<\/p>\n<h3><span style=\"font-size: 14pt; color: #32afba;\"><strong>Buying &amp; Selling in Different Types of Markets<\/strong><\/span><\/h3>\n<p>A local real estate agent will be able to come up with a strategy for getting the best deal, whether it\u2019s a buyer\u2019s market or a seller\u2019s market. If you\u2019re selling, they\u2019ll know how high of a price to ask for, and if you\u2019re buying, they\u2019ll know what you need to offer to compete with other potential homebuyers (or sway the homeowner to accept a lower price).<\/p>\n<p>Choose an agent you trust, who is an expert at negotiations, has many years of experience, and can be easily reached by phone and email, is key to coming out ahead. Be sure to consider real estate agents that offer real estate commission rebates to home buyers and discount listing fees to home sellers.<\/p>\n<p>The real estate landscape has changed&#8211;thanks to Zillow, Trulia, and Realtor.com\u2014today buyers and sellers are doing half of the work of traditional real estate agents and should be rewarded for their efforts.<\/p>\n<span style=\"font-size: 14pt;\"><strong>Let&#8217;s take a look at the real estate market for Wilmington 28412 as of January 4, 2018<\/strong><\/span>\n\n<strong>Markets by Price in 28412:<\/strong>\n<span style=\"font-family: arial, helvetica, sans-serif;\">$100K &#8211; $199K\u00a0 &#8211; Sellers Market<\/span>\n<span style=\"font-family: arial, helvetica, sans-serif;\"> $200K &#8211; $299K\u00a0 &#8211; Sellers Market<\/span>\n<span style=\"font-family: arial, helvetica, sans-serif;\"> $300K &#8211; $399K\u00a0 &#8211; Sellers Market<\/span>\n<span style=\"font-family: arial, helvetica, sans-serif;\"> $400K &#8211; $499K\u00a0 &#8211; Sellers Market<\/span>\n<span style=\"font-family: arial, helvetica, sans-serif;\"> $500K &#8211; $599K\u00a0 &#8211; Buyers Market<\/span>\n<span style=\"font-family: arial, helvetica, sans-serif;\"> $600K &#8211; $699K\u00a0 &#8211; Market is Neutral<\/span>\n<span style=\"font-family: arial, helvetica, sans-serif;\"> $700K &#8211; $799K\u00a0 &#8211; Buyers Market<\/span>\n\n<span style=\"font-size: 14pt;\"><strong>What does this mean?<\/strong><\/span>\n\nA <strong>Buyer\u2019s Market<\/strong> happens when there are more homes for sale than buyers to purchase them.\n<ul>\n \t<li>If you\u2019re buying a new home, a buyer\u2019s market is a great time to make your move. You might be able to get a great home for a lower price than you would in a seller\u2019s market.<\/li>\n \t<li>If you\u2019re trying to sell your home in a buyer\u2019s market, it may stay on the market longer than normal due to the large number of available homes. You may also have to lower your listing price and\/or make other concessions to get a buyer.<\/li>\n<\/ul>\nA <strong>Seller\u2019s Market<\/strong> happens when there are more buyers than available homes for sale.\n<ul>\n \t<li>If you\u2019re selling a home, a seller\u2019s market is a great time to sell your home. You are more likely to secure a sale price that\u2019s closer to your listing price, and\/or above your bottom line (the lowest price you\u2019d take for your home).<\/li>\n \t<li>If you\u2019re buying a home in a seller\u2019s market, remember that the seller has the advantage. If multiple buyers are interested in the same home, trying to get a lower sale price probably won\u2019t work in your favor. It\u2019s usually the highest offer that gets accepted by the sellers.<\/li>\n<\/ul>\n<span style=\"font-size: 14pt;\"><strong>How to Determine if it&#8217;s a Buyer\u2019s Market or Seller\u2019s Market<\/strong><\/span>\nIt\u2019s easy with our latest Wilmington 28412 Market Report. Just look at page 3. This report is updated weekly to keep you informed.\n\nOver time you\u2019ll notice that the real estate market in Wilmington 28412 goes up and down based on seasons. In summer months (June \u2013 August), there are usually a lot more homes for than any other time of year. That means that it could be a seller\u2019s market in the winter but a buyer\u2019s market in the summer. Buyer\u2019s and seller\u2019s markets also depends on the area.\n\nCities with good economies and lots of jobs can often be a seller\u2019s market, while those with struggling economies will likely be a buyer\u2019s market.\n\nSame goes for neighborhoods. Some neighborhoods favor sellers most of the time, while others usually favor buyers. See market reports on the most popular neighborhoods in Wilmington and surrounding areas.\n\n<span style=\"font-size: 14pt;\"><strong>Buying &amp; Selling in Different Types of Markets<\/strong><\/span>\nA local real estate agent will be able to come up with a strategy for getting the best deal, whether it\u2019s a buyer\u2019s market or a seller\u2019s market. If you\u2019re selling, they\u2019ll know how high of a price to ask for, and if you\u2019re buying, they\u2019ll know what you need to offer to compete with other potential homebuyers (or sway the homeowner to accept a lower price).\nWorking with an agent you trust, who has many years of experience, with expert negotiation skills, and can be easily reached by phone and email, is key to coming out ahead. Be sure to consider real estate agents that offer real estate commission rebates to home buyers and discount listing fees to home sellers. The real estate landscape has changed&#8211;thanks to Zillow, Trulia, and Realtor.com\u2014today buyers and sellers are doing half of the work of traditional real estate agents and should be rewarded for their efforts.\n\nBelow are the current numbers for Wilmington 28412. You can download the complete report here.\n\n<!--This is the Dashboard HTML for Wilmington_28412. It is strictly prohibited to alter this code in any way. Copyright www.realmarketreports.com-->\n<div style=\"border: 0px solid #ccc; padding: 5px; width: 600;\" align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.realmarketreports.com\/charts\/NC04004_Wilmington_28412_01.gif\" alt=\"Wilmington_28412 - Available vs Pending Listings\" border=\"0\" \/><\/div>\n<div style=\"border: 0px solid #ccc; padding: 5px; width: 600;\" align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.realmarketreports.com\/charts\/NC04004_Wilmington_28412_02.gif\" alt=\"Wilmington_28412 - Sold vs Expired Listings\" border=\"0\" \/><\/div>\n<div style=\"border: 0px solid #ccc; padding: 5px; width: 600;\" align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.realmarketreports.com\/charts\/NC04004_Wilmington_28412_03.gif\" alt=\"Wilmington_28412 - Sold vs Active DOM\" border=\"0\" \/><\/div>\n<div style=\"border: 0px solid #ccc; padding: 5px; width: 600;\" align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.realmarketreports.com\/charts\/NC04004_Wilmington_28412_04.gif\" alt=\"Wilmington_28412 - Median Sold Prices (last 6 mos.)\" border=\"0\" \/><\/div>\n<div style=\"border: 0px solid #ccc; padding: 5px; width: 600;\" align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.realmarketreports.com\/charts\/NC04004_Wilmington_28412_05.gif\" alt=\"Wilmington_28412 - Median Sold DOM (last 6 mos.)\" border=\"0\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>QUICK LOOK: Wilmington 28412 Market Report$100K &#8211; $199K\u00a0 &#8211; Sellers Market $200K &#8211; $299K\u00a0 &#8211; Sellers Market $300K &#8211; $399K\u00a0 &#8211; Sellers Market $400K &#8211; $499K\u00a0 &#8211; Sellers Market $500K &#8211; $599K\u00a0 &#8211; Buyers Market$600K &#8211; $699K\u00a0 &#8211; Market is Neutral $700K &#8211; $799K\u00a0 &#8211; Buyers Market \u00a0 What does this mean? A Buyer\u2019s Market&#8230;<\/p>\n","protected":false},"author":1,"featured_media":887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[8],"tags":[9],"taxonomy_info":{"category":[{"value":8,"label":"Real Estate Market Reports"}],"post_tag":[{"value":9,"label":"Wilmington 28412"}]},"featured_image_src_large":["https:\/\/wilmingtonrealestateoptions.com\/wp-content\/uploads\/2022\/07\/28412-market-report-Jan-4-2018-911x1024.png",911,1024,true],"author_info":{"display_name":"Brenda Meshaw","author_link":"https:\/\/wilmingtonrealestateoptions.com\/author\/brenda\/"},"comment_info":0,"category_info":[{"term_id":8,"name":"Real Estate Market Reports","slug":"real-estate-market-reports","term_group":0,"term_taxonomy_id":8,"taxonomy":"category","description":"","parent":0,"count":3,"filter":"raw","cat_ID":8,"category_count":3,"category_description":"","cat_name":"Real Estate Market Reports","category_nicename":"real-estate-market-reports","category_parent":0}],"tag_info":[{"term_id":9,"name":"Wilmington 28412","slug":"wilmington-28412","term_group":0,"term_taxonomy_id":9,"taxonomy":"post_tag","description":"","parent":0,"count":3,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/posts\/894"}],"collection":[{"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/comments?post=894"}],"version-history":[{"count":0,"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/posts\/894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/media\/887"}],"wp:attachment":[{"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/media?parent=894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/categories?post=894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wilmingtonrealestateoptions.com\/wp-json\/wp\/v2\/tags?post=894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}