$385K  
With 14 homes sold in the 19962 zip code market over the last 30 days, we see no change from last week's numbers. However, 16 new listings came into the market. Prices are rising in the 19962 zip code, and the median sales price this period increased from $226,000 to $246,750. With no movement in sales and the availability of eight months of inventory, the 19962 zip code is a definite buyer's market.
Comments:

$247K  
The 19962 zip code has a cost of living adjustment score of 117.7, which is average when compared to others in Delaware. Also, the area is considered somewhat affluent with a median income of $54,740 per household. With a median age of 17 years, homes in the 19962 zip code tend to be of moderate age. Heading the list of top schools in the zip code is F. Niel Postlethwait Middle School.
Comments:

$264K  
The 19962 zip code market broke below its 12-month average sales volume this week as sales fell 25.0% to hit 12 homes sold over the last 30 days. Within the same time frame, the 19901 zip code had 36 sales, the most of all zip codes in the area. Prices are falling in the 19962 zip code, and this period the median price of all sales fell from $252,500 to $236,225. Along with the slip in sales, a relatively high nine months of inventory indicates that the 19962 zip code is a definite buyer's market.
Comments:

$420K  
The 19962 zip code market will be heating up, as not only have sales inched up this week to 16 homes sold over the last 30 days, but there is an emerging upward trend of new listings, with 16 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 19962 zip code, and this period the median price of all sales fell from $260,000 to $252,500. The 19962 zip code is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$399K  
Over the last 30 days, the 19962 zip code market warmed up with 15 homes sold, a 7.1% increase from last week's report. To put it in perspective, the close-by 19901 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 19962 zip code, and this period the median price of all sales fell from $265,500 to $260,000. Even after the uptick in sales, an elevated eight months of inventory tells us that the 19962 zip code is still a definite buyer's market.
Comments:

$247K  
The 19962 zip code market showed healthy signs in this week's report, as the number of sales went up to 13 homes sold over the last 30 days. Within the same time frame, the 19904 zip code had 31 sales, the most of all zip codes in the area. The median sales price dropped to $265,000, down from last week's $277,500. The 19962 zip code is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
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. It should be noted that at 72.9%, most people own their homes in the 19962 zip code. The top school in the zip code is F. Niel Postlethwait Middle School.
Comments:

$132K  
The 19962 zip code market closed in on its 12-month sales average this week as sales climbed 22.2% to reach 11 homes sold over the last 30 days. To put it in perspective, the close-by 19904 zip code registered 33 homes sold in the same period, the most of all surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 19962 zip code, coming in at $289,000. The 19962 zip code is still a solid buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$414K  
The 19962 zip code market stayed soft this week as sales dropped 18.2% to land at nine homes sold over the last 30 days. Meanwhile, the 19904 zip code reported 34 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $289,000 over the latest reporting period for the 19962 zip code, up from $281,500. Along with the slip in sales, a relatively high 13 months of inventory indicates that the 19962 zip code is a definite buyer's market.
Comments:

$247K  
Home sales in the 19962 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 31.2% to 11 homes sold over the last 30 days. Within the same time frame, the 19904 zip code had 34 sales, the most of all zip codes in the area. The median sales price rose to $281,500 over the latest reporting period for the 19962 zip code, up from $241,372. With decreasing sales and the availability of 10 months of inventory, the 19962 zip code is a solid buyer's market.
Comments:
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Keller Williams
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Remax Horizons
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