While the median sales price of all properties in Wilmington, Massachusetts skyrocketed 123.4 percent from April 2013 to April 2014, the inventory of homes dropped 36.7 percent during that same period, according to data compiled by the Massachusetts Association of Realtors.
The median price of a single-family home in April was $407,700, up from $366,000 in April 2013. Single-family property prices in Wilmington, MA increased 9.1 percent over the first four months of the year compared to the same period in April 2013. Through April 2014, the median price of a single-family home was $371,000. Through the first four months of 2013, the median price of a single-family property was $340,000.