$399K  
The Townsend market is currently in the middle of an extended upward sales trend, even as sales fell to two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are rising in Townsend, and the median sales price this period increased from $319,000 to $322,499. Townsend is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$390K  
The Townsend market saw sales remain flat this week with three homes sold over the last 30 days but new listings shrank to six. Pricing in Townsend remains consistent from last week to this week, with the median sales price at $319,000 again. Townsend is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$324K  
Townsend is much older than the rest of Delaware, with a median age of 30. It's very affluent as well, with a median income of $67,045 per household. Detached homes account for 100% of the area's current housing market. The best school in the city is Townsend Elementary School.
Comments:

$390K  
The Townsend market looks to improve in the short term. While three homes were sold over the last 30 days, the number of contracts executed rose to seven, the highest amount since February. When comparing other close-by municipalities within the same period, the most came from Middletown with 29 contracts executed. Pricing in Townsend remains consistent from last week to this week, with the median sales price at $319,000 again. Townsend is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$390K  
With two homes sold in the Townsend market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. Prices are rising in Townsend, and the median sales price this period increased from $327,000 to $332,000. With no movement in sales and the availability of 11 months of inventory, Townsend is a definite buyer's market.
Comments:

$390K  
May was the last time there were so many price reductions in the Townsend market, with 16 reported over the last 30 days. Additionally, an eight-week downward trend in sales was extended this week with one transaction in the same period. In comparison, Middletown led all other nearby municipalities with 29 price reductions. The median sales price jumped to $335,000, up from last week's $262,000. Townsend is a strong buyer's market, due to a big 24 months of inventory left and aided by the dip in sales.
Comments:

$364K  
The Townsend market saw sales remain at one home sold over the last 30 days, with an emerging upward trend of new listings, as nine came into the market in the same time frame. Pricing in Townsend remains consistent from last week to this week, with the median sales price at $189,000 again. Townsend is a solid buyer's market, thanks to a big 24 months of inventory to choose from and the flat sales.
Comments:

$159K  
Sales numbers in the Townsend market remain the same with one home sold over the last 30 days and the market still shows a solid trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price remained unchanged over the latest reporting period for Townsend, coming in at $189,000. Townsend is a definite buyer's market, due to a downward trend in sales numbers and 24 months of inventory remaining.
Comments:

$321K  
Townsend is an average-sized city in Delaware that has seen a 202.9% increase in population over the last 10 years. It also has a total population of 2,049. With a median age of 11 years, homes in Townsend tend to be relatively new. The top school in the city is Townsend Elementary School.
Comments:

$159K  
Over the last 30 days, sales in the Townsend market remained at their current pace of one homes. However, the amount of pending transactions continued to improve, reaching a total of three 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. While contracts numbers were strong, the median sales price of those homes came in at $189,000, which extended a downward swing in price to four weeks. Townsend is a definite buyer's market, with a big 24 months of inventory to choose from coupled with falling prices.
Comments:
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