$114K  
In this week's report, the number of homes sold in the Rising Sun-Lebanon market fell to two over the past 30 days. It marked a decrease of 33.3% from last week's report and a fall below the monthly average. On the other hand, close-by Dover registered 23 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, trending downwards for four weeks to reach $241,450. Rising Sun-Lebanon is a definite buyer's market, due to falling prices and a large 16 months of inventory left.
Comments:

$300K  
The Rising Sun-Lebanon market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at four. Pricing in Rising Sun-Lebanon remains consistent from last week to this week, with the median sales price at $263,400 again. Rising Sun-Lebanon is a definite buyer's market, due to a big 11 months of inventory left and aided by the flat sales.
Comments:

$530K  
The Rising Sun-Lebanon market saw three homes go under contract and failed to break out of a confirmed downward trend. Along with that, total home sales dropped to three over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $263,400 over the latest reporting period for Rising Sun-Lebanon, down from $265,000. Rising Sun-Lebanon is a definite buyer's market with 10 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$169K  
With five homes sold in the Rising Sun-Lebanon market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Rising Sun-Lebanon, coming in at $265,000.
Comments:

$169K  
Rising Sun-Lebanon is a somewhat affluent city in Delaware with a median income of $55,843 per household. The population is also considered much older than most with a median age of 32 years. It should be noted that at 57.3%, most people own their homes in Rising Sun-Lebanon. Leading the list of top schools in the city are Star Hill Elementary School and F. Niel Postlethwait Middle School.
Comments:

$229K  
The Rising Sun-Lebanon market was busy in this week's report, as the number of home sales shot up 25.0%, pushing the total to five homes sold over the last 30 days. In comparison, nearby Dover had 27 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Rising Sun-Lebanon, and for this period the median sales price slid from $292,500 to $265,000.
Comments:

$229K  
The Rising Sun-Lebanon market will be getting more crowded, as not only have sales risen this week to four homes sold over the last 30 days, but there is a confirmed upward trend of new listings, with four 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. The median sales price dropped to $292,500, down from last week's $320,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Rising Sun-Lebanon is still a solid buyer's market.
Comments:

$239K  
The Rising Sun-Lebanon market showed healthy signs this week as sales rose 200.0% to reach three homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Dover had 40 sales, the most of all cities in the area. The median sales price dropped to $320,000 over the latest reporting period for Rising Sun-Lebanon, down from $367,500. Rising Sun-Lebanon is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$127K  
Sales in the Rising Sun-Lebanon market hit their lowest level since April. For the prior 30-day period, there was one home sold, a decrease of 50.0%. In comparison, Dover had 38 sales in the same time frame, the most of all nearby cities. However, a three-week upward trend in pending transactions is expected to continue over the coming weeks. The median sales price rose to $367,500 over the latest reporting period for Rising Sun-Lebanon, up from $323,750. A downturn in sales, coupled with the availability of 33 months of inventory, prove that Rising Sun-Lebanon is a definite buyer's market.
Comments:

$398K  
The Rising Sun-Lebanon market slowed with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.8 monthly average with two homes sold. On the other hand, close-by Dover registered 32 homes sold in the same time frame, the most of all surrounding cities. The median sales price of homes sold came in at $323,750, which extended a price upswing to four weeks. Rising Sun-Lebanon is a definite buyer's market, due to a big 17 months of inventory left and aided by the dip in sales.
Comments:
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