$169K  
The 19940 zip code market stayed soft this week as sales slid 50.0% to land at one home sold over the last 30 days. Meanwhile, the 21804 zip code reported 36 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 19940 zip code, and this period the median price of all sales fell from $194,000 to $173,000. With decreasing sales and the availability of 13 months of inventory, the 19940 zip code is a strong buyer's market.
Comments:

$169K  
Over the last 30 days, the 19940 zip code market had a decrease in home sales with two. Furthermore, the amount of pending transactions continued to decline, with a total of zero contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in the 19940 zip code, and this period the median price of all sales fell from $215,000 to $194,000.
Comments:

$275K  
In this week's report, the number of homes sold in the 19940 zip code market slid to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. On the other hand, the close-by 21804 zip code registered 40 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $215,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$275K  
With 5,987 residents, 19940 is a smaller-than-average zip code in Delaware. Also, with 132.8 people per square mile, it has a much lower than average density in comparison to other parts of the state. It should be noted that at 69.6%, most people own their homes in the 19940 zip code.
Comments:

$275K  
The number of homes coming into the 19940 zip code market fell to two listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Pricing in the 19940 zip code remains consistent from last week to this week, with the median sales price at $196,500 again. In spite of flat sales, a low three months of inventory signals that the 19940 zip code is a seller's market.
Comments:

$275K  
With four homes sold in the 19940 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with three new listings for buyers to choose from. Potential buyers should take note that the median sales price in the 19940 zip code stayed flat at $196,500 and that there are four months of inventory still available.
Comments:

$169K  
While home sales in the 19940 zip code market have been above average, in this week's report they slid 40.0% to three homes sold over the last 30 days. In comparison, the nearby 21804 zip code had 36 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 19940 zip code, and for this period the median sales price slid from $235,000 to $178,000.
Comments:

$159K  
The 19940 zip code market is experiencing a pronounced pullback, but sales managed an uptick this week of 25.0% to five homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $235,000 over the latest reporting period for the 19940 zip code, down from $249,127. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 19940 zip code is a seller's market.
Comments:

$499K  
Sales stayed firm at four homes sold over the last 30 days in the 19940 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to two for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $249,127 this week.
Comments:

$275K  
The 19940 zip code has a younger population than other areas in Delaware with a median age of 39 years. It is also less affluent than average with a median income of $45,540 per household. The 19940 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.