$309K  
The Delhi market pulled back this week but was still better than normal as sales fell 25.0% to three homes sold over the last 30 days. On the other hand, close-by Merced registered 56 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $192,500 over the latest reporting period for Delhi, down from $248,000. There are only two months of inventory available in Delhi, so it's a strong seller's market, even with the decrease in sales.
Comments:

$1M  
With four homes sold in the Delhi market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with three new listings for buyers to choose from. Months of inventory were further reduced to one, extending a downward trend to four weeks. In spite of the decrease in sales, the lack of inventory signals that Delhi is still a strong seller's market.
Comments:

$309K  
Delhi is a larger than average city in California with a population of 10,755 residents. Also, it has a higher than average density with 3,063.7 people per square mile. It should be noted that at 64.1%, most people own their homes in Delhi. Topping the list of best schools in the city is El Capitan Elementary School.
Comments:

$196K  
The Delhi market made gains this week and remained above its average as sales climbed 33.3% to reach four homes sold over the last 30 days. To put it in perspective, close-by Merced registered 63 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $248,000 over the latest reporting period for Delhi, down from $251,000. The rising sales and a low two months of inventory point to Delhi being a strong seller's market.
Comments:

$235K  
Home sales rose to three homes sold over the last 30 days, providing good news to the Delhi market. That may continue, due to a three-week upward trend for contracts, with seven in the same time frame. Prices are falling in Delhi, and this period the median price of all sales fell from $255,500 to $251,000. With only two months of inventory and rising contracts, Delhi is a solid seller's market.
Comments:

$251K  
Typically, Delhi accounts for 1.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
Comments:

$196K  
The Delhi market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Delhi usually averages 1.4 sales per month.
Comments:

$196K  
Over the last 30 days, no deals were completed in the Delhi market. Delhi is used to having 1.4 sales per month.
Comments:

$165K  
Delhi is much older than the rest of California, with a median age of 27. It's somewhat affluent as well, with a median income of $47,813 per household. The Delhi market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Heading the list of top schools in the city is El Capitan Elementary School.
Comments:

$165K  
The number of sellers reducing prices in the Delhi market trended up to five over the last 30 days, extending a three-week streak. During the same period, one sale was completed. The median sales price dropped to $153,000, down from last week's $206,500. Along with the slip in sales, a relatively high 11 months of inventory indicates that Delhi is a solid buyer's market.
Comments:
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