$115K  
19950 is a less affluent than average zip code in Delaware with a median income of $49,965 per household. The population is also considered younger than most with a median age of 41 years. Keep in mind, most people in the 19950 zip code own their homes, with a 73.1% ownership ratio.
Comments:

$379K  
Sales remained steady from last week to this week, with two homes sold in the 19950 zip code market over the last 30 days. However, a recent downturn in the number of pending transactions continued, with two completed in the same period. The median sales price climbed to $254,950, up from last week's $234,950. A downturn in contracts, coupled with the availability of 16 months of inventory, prove that the 19950 zip code is a definite buyer's market.
Comments:

$269K  
The 19950 zip code market stayed sluggish with two homes sold in the last 30 days, a 33.3% sales drop. Within the same time frame, the 19963 zip code had 20 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 19950 zip code, with the median for this period rising from $200,000 to $234,950. With decreasing sales and the availability of 16 months of inventory, the 19950 zip code is a definite buyer's market.
Comments:

$110K  
Over the last 30 days, three homes were sold in the 19950 zip code market, holding even with last week's numbers. However, the market is still in an emerging downward trend overall. The median sales price of all transactions in the 19950 zip code did not budge this week, remaining at $200,000. With a downward trend in sales numbers and 12 months of inventory still left to work through, the 19950 zip code is a solid buyer's market.
Comments:

$269K  
Sales stayed firm at three homes sold over the last 30 days in the 19950 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to three for the same period. Pricing in the 19950 zip code remains consistent from last week to this week, with the median sales price at $200,000 again. The 19950 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and the flat sales.
Comments:

$264K  
There were three home sales in the 19950 zip code market over the last 30 days, while coming close to the 3.4 monthly average for the last 12 months. In comparison, the nearby 19963 zip code had 19 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $200,000, up from last week's $172,500. The 19950 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
Comments:

$180K  
19950 is an average-sized zip code in Delaware with 6,596 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 25.3%. The 19950 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$284K  
The number of sellers reducing prices in the 19950 zip code market trended up to seven over the last 30 days, extending a three-week streak. During the same period, two sales were completed. Potential buyers should note that prices are coming down in the 19950 zip code, and for this period the median sales price slid from $175,000 to $172,500. Along with flat sales, a relatively high 18 months of inventory indicates that the 19950 zip code is a definite buyer's market.
Comments:

$449K  
In this week's report, the number of homes sold in the 19950 zip code market fell to two over the past 30 days, a decrease of 33.3% from last week's report. Meanwhile, the 19963 zip code reported 14 home sales, the highest number from all the surrounding zip codes. Months of inventory continued a steady fall, trending downwards for four weeks to reach 15 months. The 19950 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$449K  
Over the last 30 days, the 19950 zip code market had a decrease in home sales with three. Furthermore, the amount of pending transactions continued to decline, with a total of four contracts during the same period. The median sales price jumped to $326,000 over the latest reporting period for the 19950 zip code, up from $248,000. The 19950 zip code is a strong buyer's market with 11 months of inventory to choose from, aided by the downturn in contracts.
Comments:
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Tyler-Donegan-Duncan Real Estate Services, Inc.
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