$124K  
In this week's report, the number of homes sold in the 19734 zip code market slid to 10 over the past 30 days. It marked a decrease of 28.6% from last week's report and a fall below the monthly average. In comparison, the nearby 19709 zip code had 46 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $280,000, down from last week's $288,500. The 19734 zip code is a strong buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$324K  
With 11,149 residents, 19734 is an average-sized zip code in Delaware. Also, with a 90.6% increase over the last 10 years, its population is growing slightly slower than other parts of the state. With a median age of 19 years, homes in the 19734 zip code tend to be of moderate age.
Comments:

$124K  
Sales ticked up to 13 homes sold in the 19734 zip code market over the last 30 days. However, a budding downturn in the amount of pending transactions continued, with seven completed in the same period. 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 remained unchanged over the latest reporting period for the 19734 zip code, coming in at $295,000. The 19734 zip code is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
Comments:

$324K  
The 19734 zip code market might be slowing down in the coming weeks. Sales fell this week to 12 homes sold over the last 30 days, and there is an emerging downward trend in the number of new listings, with nine going live in the same time frame. The median sales price of all transactions in the 19734 zip code did not budge this week, remaining at $295,000. The 19734 zip code is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$390K  
There were 14 homes sold in the 19734 zip code market over the last 30 days, but eight contracts were executed. This marks the lowest amount since last December, and could be a sign that the market is nearing a low. In comparison, the 19709 zip code had 35 contracts executed in the same time frame, the most of all nearby zip codes. The median sales price dropped to $302,000, down from last week's $328,500. The 19734 zip code is a strong buyer's market, due to a downward trend in contracts numbers and eight months of inventory remaining.
Comments:

$390K  
The 19734 zip code market saw nine homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales rose to 13 over the last 30 days. The median sales price rose to $322,000, up from last week's $279,900. The 19734 zip code is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
Comments:

$324K  
19734 is a very affluent zip code in Delaware with a median income of $67,612 per household. The population is also considered older than most with a median age of 36 years. Keep in mind, the vast majority of people in the 19734 zip code own their homes, with an 86.4% ownership ratio.
Comments:

$152K  
The 19734 zip code market slowed with an 18.2% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 11.6 monthly average with nine homes sold. On the other hand, the close-by 19709 zip code registered 42 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 19734 zip code, and for this period the median sales price slid from $307,000 to $279,900. The 19734 zip code is a solid buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$1.8M  
The 19734 zip code market seems to be shifting. The number of contracts executed fell to 13, the lowest levels in three months. However, sales seem to be trending upward, climbing to 11 homes sold over the last 30 days. In comparison, 19709 led all other nearby zip codes with 41 contracts executed. As contracts found a new bottom, prices have been increasing. The median sales price hit $307,000, extending a four-week long spike. Even with prices on the rise, the downturn in contracts and the availability of 10 months of inventory prove that the 19734 zip code is still a solid buyer's market.
Comments:

$390K  
The 19734 zip code market broke below its 12-month average sales volume this week as sales fell 33.3% to hit 10 homes sold over the last 30 days. On the other hand, the close-by 19709 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 19734 zip code, and for this period the median sales price slid from $319,000 to $317,000. With decreasing sales and the availability of 11 months of inventory, the 19734 zip code is a strong buyer's market.
Comments:
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