With an established downward trend of new sellers listing homes, including zero over the last 30 days, and sales that remained flat at one in that same time frame, the Long Neck market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price in Long Neck stayed put this week at $164,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Long Neck is a seller's market.
Comments:

The number of homes coming into the Long Neck market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for Long Neck, coming in at $164,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Long Neck is a seller's market.
Comments:

With one home sold in the Long Neck market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Long Neck, coming in at $164,000. In spite of flat sales, a low three months of inventory signals that Long Neck is a seller's market.
Comments:

Long Neck ranks as the fastest growing city in Delaware at a 10-year growth rate of 40.1%. However, its population only ranks 37th in size with 1,980 people. With a median age of 18 years, homes in Long Neck tend to be of moderate age. Topping the list of best schools in the city is East Millsboro Elementary School.
Comments:

With an emerging downward trend of new sellers listing homes, including zero over the last 30 days, and sales that rose to one in that same time frame, the Long Neck market will be getting less crowded.
Comments:

The Long Neck market was quiet this week and reported zero home sales over the last 30 days. Long Neck usually averages 0.5 sales per month.
Comments:

Sellers in Long Neck weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Long Neck usually averages 0.5 sales per month.
Comments:

$157K  
The Long Neck market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at one. The median sales price of all transactions in Long Neck did not budge this week, remaining at $159,900.
Comments:

$157K  
Fewer sellers put their homes up for sale in the Long Neck market over the last 30 days and the number of new listings plummeted this week to one. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price in Long Neck stayed put this week at $159,900.
Comments:

$157K  
The Long Neck market is experiencing a pronounced pullback but sales stood their ground this week at one home sold over the last 30 days. The median sales price remained unchanged over the latest reporting period for Long Neck, coming in at $159,900.
Comments:
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