$600K  
Over the last 30 days, the number of homes sold in the New Castle ticked up to three. While the sales increased, the amount of pending transactions also trended upward, reaching a total of six 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. The median sales price dropped to $169,900, down from last week's $175,950. New Castle is a still definite buyer's market with 13 months of remaining inventory, even with the rising contracts numbers.
Comments:

$600K  
There have been two homes sold in the New Castle market over the last 30 days, continuing a seven-week negative trend. Also during the same period, the number of new listings totaled two, the fewest since last January. In comparison, Wilmington had 63 new listings in the same time frame, the most of all nearby cities. A months of inventory number of 18 reported this week continued a 12-week upward trend, even with the weak number of new listings in the area. Despite the downward trend in new listings, the large amount of inventory indicates that New Castle is still a definite buyer's market.
Comments:

$199K  
New Castle is a larger than average city in Delaware with 5,285 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 3.4%. The New Castle market is mostly made up of condos and townhouses, currently accounting for 49% overall. Topping the list of best schools in the city is Multiple Alternative Program.
Comments:

$105K  
A six-week rough patch for the overall sales trend continues in the New Castle market, with the number of sales staying even at two over the last 30 days. The median sales price of all transactions in New Castle did not budge this week, remaining at $175,950. A downturn in sales, coupled with the availability of 19 months of inventory, prove that New Castle is a solid buyer's market.
Comments:

$149K  
This week in the New Castle market, sales fell to two homes sold over the last 30 days, even as it endures an established upward trend in price reductions, with 10 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. Potential buyers should note that prices are coming down in New Castle, and for this period the median sales price slid from $189,900 to $175,950. Along with the slip in sales, a relatively high 20 months of inventory indicates that New Castle is a strong buyer's market.
Comments:

$500K  
The number of homes coming into the New Castle market fell to seven listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Months of inventory hit 14 this period, extending an upward trend to four weeks. New Castle is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$105K  
Over the last 30 days, three homes were sold in the New Castle market, down 40.0%. Additionally, the market is still in an emerging downward trend overall. Prices are falling in New Castle, and this period the median price of all sales fell from $278,000 to $189,900. New Castle is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in sales.
Comments:

$175K  
New Castle is a affluent city in Delaware with a median income of $56,902 per household. The population is also considered much younger than most with a median age of 44 years. It should be noted that at 60.9%, most people own their homes in New Castle. Heading the list of top schools in the city is Multiple Alternative Program.
Comments:

$149K  
Sales in the New Castle market fell to five homes sold over the last 30 days, while the number of sellers reducing their list prices reached 10, which continues an emerging upward trend in price reductions. The median sales price jumped to $278,000, up from last week's $194,450. New Castle is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$179K  
New listings have increased in the New Castle market, reaching a high that hasn't been seen since May. There were also eight homes sold over the last 30 days. In comparison, Wilmington had 115 new listings in the same time frame, the most of all nearby municipalities. The median sales price rose to $194,450 over the latest reporting period for New Castle, up from $167,000.
Comments:
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