$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:

$1.8M  
Over the last 30 days, sales in the 19971 zip code market remained at their current pace of five homes. However, the amount of pending transactions continued to improve, reaching a total of 11 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in the 19971 zip code, and this period the median price of all sales fell from $849,000 to $750,000. With no movement in sales and the availability of 19 months of inventory, the 19971 zip code is a solid buyer's market.
Comments:

$2.3M  
Sales in the 19971 zip code market fell to five homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with seven price reductions in the same time frame. Potential buyers should note that prices went up in the 19971 zip code, with the median for this period rising from $750,000 to $849,000. The 19971 zip code is a definite buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
Comments:

$899K  
The 19971 zip code market slowed with a 12.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 7.5 monthly average with seven homes sold. Meanwhile, the 21842 zip code reported 112 home sales, the highest number from all the surrounding zip codes. The median sales price rose dramatically to $750,000, up from last week's $443,750. With decreasing sales and the availability of 14 months of inventory, the 19971 zip code is a definite buyer's market.
Comments:

$569K  
The 19971 zip code market saw sales remain flat this week with eight homes sold over the last 30 days but new listings fell to 12. The median sales price rose dramatically to $443,750, up from last week's $361,625. With no movement in sales and the availability of 12 months of inventory, the 19971 zip code is a strong buyer's market.
Comments:

$1.9M  
19971 is the sixth-most expensive zip code in Delaware with a cost of living adjustment score of 145.3. It also happens to be very expensive when compared to the rest of the state, with a median income of $60,906 per household. Homes in the 19971 zip code are of moderate age with a median age of 25 years. The top school in the zip code is Rehoboth Elementary School.
Comments:

$119K  
The 19971 zip code market got good news in this week's report, as the number of home sales rose 14.3%, pushing the total to eight homes sold over the last 30 days. In comparison, the nearby 21842 zip code had 123 sales in the same time frame, the most of all neighboring zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $361,625. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning the 19971 zip code is still a definite buyer's market.
Comments:

$1.8M  
More sellers put their homes up for sale in the 19971 zip code market over the last 30 days and the number of new listings shot up this week to 19. Home sales remained unchanged from the prior period and once again six homes were sold. The median sales price remained unchanged over the latest reporting period for the 19971 zip code, coming in at $361,625. Along with flat sales, a relatively high 17 months of inventory indicates that the 19971 zip code is a strong buyer's market.
Comments:

$4M  
This week in the 19971 zip code market, sales rose to five homes sold over the last 30 days, which might be due in part to an identifiable upward trend in price reductions, with 14 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $365,000 over the latest reporting period for the 19971 zip code, down from $411,500. The 19971 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 20 months of remaining inventory.
Comments:

$2.3M  
The 19971 zip code market remained cool this week as sales dropped 42.9% to land at four homes sold over the last 30 days. In comparison, the nearby 21842 zip code had 130 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $411,500 over the latest reporting period for the 19971 zip code, up from $300,000. Along with the slip in sales, a relatively high 25 months of inventory indicates that the 19971 zip code is a solid buyer's market.
Comments:
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