$269K  
Sales remained steady from last week to this week, with six homes sold in the 19971 zip code market over the last 30 days. However, a budding downturn in the number of pending transactions continued, with eight completed in the same period. The median sales price dropped to $262,495, down from last week's $269,495. A downturn in contracts, coupled with the availability of 13 months of inventory, prove that the 19971 zip code is a strong buyer's market.
Comments:

$119K  
The 19971 zip code market closed in on its 12-month sales average this week as sales rose 20.0% to reach six homes sold over the last 30 days. At the same time, the 21842 zip code reported 93 home sales, the highest number from all the surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $269,495. The 19971 zip code is still a definite buyer's market, due to the availability of 13 months of remaining inventory, even after the uptick in sales.
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. The 19971 zip code is made up of homes that are of moderate age with a median of 25 years. The best school in the zip code is Rehoboth Elementary School.
Comments:

$639K  
Home sales in the 19971 zip code market stayed soft in this week's report as they dropped 28.6% to five homes sold over the last 30 days. On the other hand, the close-by 21842 zip code registered 93 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $279,000, up from last week's $78,000. With decreasing sales and the availability of 17 months of inventory, the 19971 zip code is a solid buyer's market.
Comments:

$639K  
Sales remained steady from last week to this week, with seven homes sold in the 19971 zip code market over the last 30 days. However, an identifiable downturn in the number of pending transactions continued, with four completed in the same period. The median sales price of all transactions in the 19971 zip code did not budge this week, remaining at $78,000. The 19971 zip code is a strong buyer's market with 13 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$1.9M  
With a solid downward trend of new sellers listing homes, including four over the last 30 days, and sales that remained flat at seven in that same time frame, the 19971 zip code 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 rose dramatically to $78,000 over the latest reporting period for the 19971 zip code, up from $45,000. With no movement in sales and the availability of 12 months of inventory, the 19971 zip code is a strong buyer's market.
Comments:

$1.8M  
The number of homes coming into the 19971 zip code market climbed to four listings over the last 30 days, while sales remained right where they were as once again seven homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 19971 zip code, coming in at $45,000. The 19971 zip code is a solid buyer's market, thanks to a big 13 months of inventory to choose from and the flat sales.
Comments:

$1.9M  
With 12,797 residents, 19971 is a larger than average zip code in Delaware. Also, with 689.5 people per square mile, it has an average density in comparison to other parts of the state. It should be noted that 32.5% of the homes in the 19971 zip code are owned, while 7.9% are rentals. Heading the list of top schools in the zip code is Rehoboth Elementary School.
Comments:

$899K  
The number of home sales in the 19971 zip code market climbed 16.7% to seven homes over the last 30 days, coming close to the 7.6 monthly average for the last 12 months. To put it in perspective, the close-by 21842 zip code registered 99 homes sold in the same period, the most of all surrounding zip codes. The median sales price tumbled to $45,000, down from last week's $494,950. The 19971 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 13 months of remaining inventory.
Comments:

$2.3M  
The 19971 zip code market will be less intense in the coming weeks. Sales rose this week to six homes sold over the last 30 days, and there is a recent downward trend in the number of new listings, with five going live in the same time frame. Prices are falling in the 19971 zip code, and this period the median price of all sales fell from $750,000 to $494,950. Even after the uptick in sales, an elevated 15 months of inventory tells us that the 19971 zip code is still a strong buyer's market.
Comments:
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