$180K  
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:

$110K  
The 19950 zip code market got good news this week as sales climbed 100.0% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, the 19963 zip code had 21 sales, the most of all zip codes in the area. The median sales price rose dramatically to $248,000 over the latest reporting period for the 19950 zip code, up from $127,500. Even after the uptick in sales, an elevated seven months of inventory tells us that the 19950 zip code is still a definite buyer's market.
Comments:

$110K  
With an identifiable upward trend of new sellers listing homes, including 12 over the last 30 days, and sales that have risen to two in that same time frame, the 19950 zip code market will be more intense. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. While new listing numbers rose, prices dropped. This week's reported median sales price of $127,500 continued a four-week downward trend. The 19950 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 16 months of remaining inventory.
Comments:

$180K  
The number of sellers reducing prices in the 19950 zip code market trended up to four over the last 30 days, extending a three-week streak. During the same period, one sale was completed. The median sales price tumbled to $85,000 over the latest reporting period for the 19950 zip code, down from $124,900. Along with flat sales, a relatively high 32 months of inventory indicates that the 19950 zip code is a solid buyer's market.
Comments:

$194K  
The 19950 zip code market saw sales remain flat this week with one home sold over the last 30 days, while new listings rose to 12. Months of inventory is on an eight-week upswing, this week hitting 29 months. The 19950 zip code is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$110K  
Over the last 30 days, two homes were sold in the 19950 zip code market, holding even with last week's numbers. However, the market is still in a persistent downward trend overall. Pricing in the 19950 zip code remains consistent from last week to this week, with the median sales price at $161,450 again. The 19950 zip code is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in sales.
Comments:

$180K  
With 6,596 residents, 19950 is an average-sized zip code in Delaware. Also, with a 25.3% increase over the last 10 years, its population is growing faster than other parts of the state. The 19950 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
Comments:

$260K  
A five-week negative trend in sales was extended when the 19950 zip code market saw two more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since May at six. In comparison, 19963 led all other nearby zip codes with 33 price reductions. The median sales price of all transactions in the 19950 zip code did not budge this week, remaining at $161,450. Along with flat sales, a relatively high 12 months of inventory indicates that the 19950 zip code is a strong buyer's market.
Comments:

$244K  
The 19950 zip code market improved in this week's report, as the number of sales went up to two homes sold over the last 30 days. To put it in perspective, the close-by 19963 zip code registered 16 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 19950 zip code, and for this period the median sales price slid from $415,000 to $161,450. The 19950 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$574K  
Sales numbers in the 19950 zip code market remain the same with one home sold over the last 30 days and the market still shows an emerging trend downward overall. As sales trended lower, the median sales price went in the opposite direction, trending up for four weeks to $415,000. The 19950 zip code is still a definite buyer's market, despite the rising prices, with 24 months of inventory to choose from on top of the downward trend in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Tyler-Donegan-Duncan Real Estate Services, Inc.
Snapped 1 home in this area
Artisan Realty
Snapped 1 home in this area
Remax Horizons
Snapped 1 home in this area

©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.