$127K  
The 19962 zip code market might be slowing in the coming weeks. Sales fell this week to 15 homes sold over the last 30 days, and there is a confirmed downward trend in the number of new listings, with 13 going live in the same time frame. Potential buyers should note that prices are coming down in the 19962 zip code, and for this period the median sales price slid from $267,000 to $255,000. The 19962 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$247K  
The population of the 19962 zip code is somewhat affluent compared to others in Delaware with a median income of $54,740 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 117.7. Homes in the 19962 zip code are of moderate age with a median age of 17 years. Topping the list of best schools in the zip code is F. Niel Postlethwait Middle School.
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$394K  
Over the last 30 days, the 19962 zip code market showed positive signs with 17 homes sold, a 21.4% increase from last week's report. In comparison, the nearby 19977 zip code had 35 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 19962 zip code, and this period the median price of all sales fell from $267,500 to $267,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 19962 zip code is still a definite buyer's market.
Comments:

$414K  
Home sales ticked up to 13 homes sold over the last 30 days, providing a lift to the 19962 zip code market. That may continue, due to a three-week upward trend for contracts, with 16 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price climbed to $268,000 over the latest reporting period for the 19962 zip code, up from $267,000. The 19962 zip code is a still solid buyer's market with 10 months of remaining inventory, even with the rising contracts numbers.
Comments:

$247K  
Home sales in the 19962 zip code market remained cool in this week's report as they fell 30.8% to nine homes sold over the last 30 days. On the other hand, the close-by 19977 zip code registered 31 homes sold in the same period, the most of all surrounding zip codes. Months of inventory hit 14 this period, extending an upward trend to eight weeks. The 19962 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$414K  
The 19962 zip code market saw sales remain steady this week at 12 homes sold over the last 30 days, while it undergoes a confirmed downward trend in price reductions, with 37 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices went up in the 19962 zip code, with the median for this period rising from $199,250 to $217,500. Along with flat sales, a relatively high 11 months of inventory indicates that the 19962 zip code is a definite buyer's market.
Comments:

$296K  
Over the last 30 days, a recent upward trend of new sellers coming into the 19962 zip code market continued, with 27 listings in this week's report. Meanwhile, sales have fallen, with 12 homes selling during the same period. Potential buyers should note that prices are coming down in the 19962 zip code, and for this period the median sales price slid from $229,900 to $199,250. With decreasing sales and the availability of 11 months of inventory, the 19962 zip code is a solid buyer's market.
Comments:

$247K  
With 10,798 residents, 19962 is an average-sized zip code in Delaware. Also, with 700.7 people per square mile, it has a higher than average density in comparison to other parts of the state. The 19962 zip code is an area where most people own their homes, with an ownership ratio of 72.9%. Topping the list of best schools in the zip code is F. Niel Postlethwait Middle School.
Comments:

$175K  
The number of home sales in the 19962 zip code market climbed 15.4% to 15 homes over the last 30 days, exceeding the 13.3 monthly average for the last 12 months. In comparison, the nearby 19904 zip code had 32 sales in the same time frame, the most of all neighboring zip codes. The median sales price of all transactions in the 19962 zip code did not budge this week, remaining at $229,900. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 19962 zip code is still a solid buyer's market.
Comments:

$325K  
In this week's report, the number of homes sold in the 19962 zip code market fell to 12 over the past 30 days. It marked a decrease of 25.0% from last week's report and a fall below the monthly average. In comparison, the nearby 19904 zip code had 31 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 19962 zip code, and this period the median price of all sales fell from $272,500 to $237,862. The 19962 zip code is a solid buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:
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