We are now through the first quarter of 2020, and we are excited to release our 2020 Wilmington Q1 Market Report. Understanding what’s going on in the market, especially during these uncertain times, allows us to equip our clients to make confident, informed decisions.
QUICK TAKEAWAYS
- As of Q1 2020, the market has continued the trend of rising sales prices and reduced days on market across the Wilmington MSA.
- The luxury market has remained the strongest it has been in more than a decade.
- In the Wilmington MSA, we continue to experience very low inventory across most price ranges and property types.
Be sure to check out the full 2020 Wilmington Q1 Market Report here for more info on how the market performed in the first quarter of the year.
Whether buying or selling, it is increasingly important in current market conditions to talk with your Nest Broker about how your home fits into the bigger picture. They will advise you and prepare you to make knowledgable decisions and help you achieve your real estate goals. Have questions? Contact your Nest Broker today.