$599K  
In this week's report, the number of homes sold in the 19702 zip code market fell to 36 over the past 30 days. It marked a decrease of 26.5% from last week's report and a fall below the monthly average. In comparison, the nearby 19709 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 19702 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $211,650 this week.
Comments:

$339K  
The 19702 zip code has one of the largest populations in Delaware with 53,058 residents. On top of being the third-most populated zip code, it has seen a 19.3% increase in population over the last 10 years. The 19702 zip code market is mostly made up of condos and townhouses, which currently account for 44% of the homes for sale in the area. Topping the list of best schools in the zip code is Providence Corporation.
Comments:

$599K  
Sales in the 19702 zip code market fell to 46 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 35 price reductions in the same time frame. The median sales price climbed to $211,400, up from last week's $207,750. Despite the slip in sales, a relatively low three months of inventory indicates that the 19702 zip code is a seller's market.
Comments:

$599K  
The 19702 zip code market will be getting less crowded in the coming weeks. Sales rose this week to 51 homes sold over the last 30 days, and there is a recent downward trend in the number of new listings, with 33 going live in the same time frame. The median sales price dropped to $201,500, down from last week's $208,325. The rising sales and a low three months of inventory point to the 19702 zip code being a seller's market.
Comments:

$339K  
The 19702 zip code market slowed with a 7.8% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (44.0) with 47 homes sold. Meanwhile, the 19709 zip code reported 54 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $202,650 over the latest reporting period for the 19702 zip code, down from $214,000. There are only three months of inventory available in the 19702 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$214K  
Over the past 30 days, there have been fewer price cuts in the 19702 zip code market, continuing a three-week declining trend to land at 54. However, home sales were up to 47 over the same period. The median sales price rose to $215,000, up from last week's $202,650. With only three months of inventory and rising sales, the 19702 zip code is a seller's market.
Comments:

$129K  
The number of home sales in the 19702 zip code market rose 4.7% to 45 homes over the last 30 days, exceeding the 43.4 monthly average for the last 12 months. Within the same time frame, the 19711 zip code had 48 sales, the most of all zip codes in the area. The median sales price in the 19702 zip code stayed put this week at $202,650. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 19702 zip code is a seller's market.
Comments:

$209K  
The 19702 zip code has a population that is much older than most in Delaware with a median age of 33 years. Also, it's very affluent with a median income of $66,626 per household. Keep in mind, most people in the 19702 zip code own their homes, with a 64.0% ownership ratio. The top school in the zip code is Providence Corporation.
Comments:

$139K  
The 19702 zip code market pulled back with a 6.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 43.2 monthly average with 42 homes sold. In comparison, the nearby 21921 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $208,075 this week.
Comments:

$129K  
Over the last 30 days, the 19702 zip code market showed strong improvement with 43 homes sold. It marks a 19.4% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 19720 zip code had 58 sales, the most of all zip codes in the area. The median sales price in the 19702 zip code climbed to $212,000 while months of inventory was flat at four.
Comments:
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