Didn't sell
32%
about 1 in 3 · 162 expired or canceled vs. 340 sold
- Days to sell
- 43 median, from the first day listed
- Sold vs. first asking
- 96.2% median sale ÷ original price
- Price cut, still didn't sell
- 2.0% median on listings that didn't sell
- Median sold price
- $1,347,000 340 homes sold
32% of homes listed $1M and up listed in Wilmington didn't sell over the last 12 months
162 listings of homes listed $1M and up in Wilmington expired or were canceled over the last 12 months, against 340 that sold — about 1 in 3 didn't sell. Homes that sold went for a median 96.2% of their first asking price after 43 days on the market.
- Listings that didn't sell had cut their price a median 2.0% — and still didn't sell.
- They sat a median 173 days before they came off the market.
Some homes do get a contract — and still don't sell
See how often deals fall apart here, and what a dead deal costs the seller in days and dollars.
By age of the home
| Sold | Didn't sell | % didn't sell | Days to sell | vs. first ask | |
|---|---|---|---|---|---|
| Under 10 yrs | 952 | 316 | 25% | 36 | 98.7% |
| 10–19 yrs | 285 | 74 | 21% | 36 | 97.2% |
| 20–29 yrs | 817 | 214 | 21% | 25 | 96.9% |
| 30–49 yrs | 833 | 171 | 17% | 23 | 96.9% |
| 50+ yrs | 640 | 258 | 29% | 25 | 96.1% |
Crawl space vs. no crawl space
| Sold | Didn't sell | % didn't sell | Days to sell | vs. first ask | |
|---|---|---|---|---|---|
| Crawl space | 1,203 | 361 | 23% | 21 | 96.7% |
| No crawl space | 2,221 | 602 | 21% | 31 | 97.7% |
Questions sellers ask
How many homes listed $1M and up don't sell in Wilmington?
162 listings of homes listed $1M and up in Wilmington expired or were canceled over the last 12 months, against 340 that sold — about 1 in 3 didn't sell. Homes that sold went for a median 96.2% of their first asking price after 43 days on the market.
Why do listings fail to sell?
Usually price, condition or both. Homes priced right from day one sell faster and closer to their first price; homes that chase the market down with cuts often still don't sell.
Homes only, last 12 months. "Didn't sell" = the listing expired or was canceled. Days to sell count from the first day listed, including relistings. Totals only — no individual listing is shown. Source: Hive MLS data compiled by the Buddy Blake Team.