The real estate market conditions in Wilmington, NC are showing some signs of improvement in terms of number of homes sold in 2010 over 2009. The number of sales have been up for 10 months straight for the Cape Fear Region.

May and June average sales prices numbers have dropped from 2009, as the number of foreclosures and short sales are bringing prices down. The average sales price for  Wilmington NC homes area for June was $238,610. Complete sales history here..

If you are in the market for Wilmington NC real estate, right now is an awesome time to buy a home. Interest rates are at a historic low and inventories are high with an abundance of foreclosures and short sales to choose from. You can really get an excellent buy meaning more home for the money. If you would like a list of Wilmington NC foreclosures or short sales, just email kaybaker@ec.rr.com. We will send a complete list to your inbox. You may search real estate at www.cbbaker.com.