$1.8M  
The 19971 zip code market pulled back with a 9.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (7.5) with 10 homes sold. On the other hand, the close-by 21842 zip code registered 121 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 19971 zip code, and for this period the median sales price slid from $692,000 to $337,500. The 19971 zip code is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$2.3M  
The 19971 zip code market saw sales remain flat this week with 10 homes sold over the last 30 days and new listings also remain flat at 18. The median sales price of all transactions in the 19971 zip code did not budge this week, remaining at $533,500. With no movement in sales and the availability of 10 months of inventory, the 19971 zip code is a definite buyer's market.
Comments:

$1.9M  
Over the past 30 days, there have been fewer price cuts in the 19971 zip code market, continuing a three-week declining trend to land at 13. However, home sales were up to 10 over the same period. The median sales price dropped dramatically to $533,500 over the latest reporting period for the 19971 zip code, down from $748,500. Even after the uptick in sales, an elevated 10 months of inventory tells us that the 19971 zip code is still a definite buyer's market.
Comments:

$899K  
There were seven homes sold in the 19971 zip code market over the last 30 days, prolonging a five-week declining trend. With a dismal five contracts executed, the lowest amount since March, that trend could progress further. During the same time frame, 21842 had the most of any other neighboring zip codes with 134 contracts executed. The median sales price climbed to $805,000, up from last week's $692,000. The 19971 zip code is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$1.9M  
The costs of the 19971 zip code is considered very expensive compared to others in Delaware with a cost of living adjustment score of 145.3. Also, it ranks 20th in terms of wealth with a median income of $60,906 per household. With a median age of 25 years, homes in the 19971 zip code tend to be of moderate age. The top school in the zip code is Rehoboth Elementary School.
Comments:

$1.8M  
Sales rose to seven homes sold over the last 30 days in the 19971 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 14 for the same period. The median sales price rose dramatically to $692,000 over the latest reporting period for the 19971 zip code, up from $162,500. Even after the uptick in sales, an elevated 13 months of inventory tells us that the 19971 zip code is still a solid buyer's market.
Comments:

$119K  
The 19971 zip code market may be experiencing a determined pullback but sales stood their ground this week at six homes sold over the last 30 days. As sales trended lower, months of inventory rose, trending up for four weeks to 16 months. The 19971 zip code is still a strong buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$949K  
The 19971 zip code market saw sales remain flat this week with six homes sold over the last 30 days, while new listings rose to 17. The median sales price remained unchanged over the latest reporting period for the 19971 zip code, coming in at $162,500. The 19971 zip code is a strong buyer's market, due to a big 15 months of inventory left and aided by the flat sales.
Comments:

$1.9M  
With a confirmed downward trend of new sellers listing homes, including 14 over the last 30 days, and sales that fell to five in that same time frame, the 19971 zip code market will be slowing down. Prices are falling in the 19971 zip code, and this period the median price of all sales fell from $122,450 to $80,000. Along with the slip in sales, a relatively high 19 months of inventory indicates that the 19971 zip code is a strong buyer's market.
Comments:

$4M  
Sales in the 19971 zip code market fell to six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 17, which continues a new upward trend in price reductions. Potential buyers should note that prices are coming down in the 19971 zip code, and for this period the median sales price slid from $370,000 to $122,450. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 19971 zip code is a solid buyer's market.
Comments:
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