$1.4M  
Over the last 30 days, the 19806 zip code market showed gains with 16 homes sold. It marks a 6.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 19720 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $188,500, up from last week's $185,000. The 19806 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$130K  
The population of the 19806 zip code is somewhat affluent compared to others in Delaware with a median income of $51,556 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 127.3. The 19806 zip code is made up of homes that are considered older than most with a median of 68 years. The top school in the zip code is Prestige Academy.
Comments:

$233K  
Over the last 30 days, sales in the 19806 zip code market fell to 15. However, the number of pending transactions continued to improve, reaching a total of 23 during the same period. Even as contracts trended higher, months of inventory continued to climb as well, trending upwards for four weeks to reach seven months. Along with the slip in sales, the higher-than-normal inventory indicates that the 19806 zip code is a solid buyer's market.
Comments:

$1.7M  
Sales in the 19806 zip code market fell to 16 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 35, which continues an established upward trend in price reductions. 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 went up in the 19806 zip code, with the median for this period rising from $172,400 to $178,700. With decreasing sales and the availability of seven months of inventory, the 19806 zip code is a solid buyer's market.
Comments:

$102K  
Over the last 30 days, the 19806 zip code market showed healthy signs with 17 homes sold. It marks a 21.4% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 19720 zip code had 49 sales, the most of all zip codes in the area. Prices fell lower as this week's reported median sales price of $172,400 continued an eight-week downward trend. The 19806 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$1.4M  
Over the last 30 days, sales in the 19806 zip code market fell to 13. However, the number of pending transactions continued to improve, reaching a total of 23 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 rose to $172,400 over the latest reporting period for the 19806 zip code, up from $171,200. The 19806 zip code is a strong buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$1.7M  
Sales in the 19806 zip code market fell to 18 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 44, which continues a recent upward trend in price reductions. The median sales price dropped to $171,200, down from last week's $213,000. The 19806 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$1.7M  
While home sales in the 19806 zip code market have been above average, in this week's report they fell 5.0% to 19 homes sold over the last 30 days. Meanwhile, the 19720 zip code reported 57 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $213,000 over the latest reporting period for the 19806 zip code, up from $211,000.
Comments:

$130K  
19806 is a zip code in Delaware with 9,321 residents. Despite only being ranked 33rd in population, it ranks third in terms of density with 6,889.8 people per square mile. Keep in mind, 46.0% of the homes in the 19806 zip code are owned, while 45.3% are rented. The top school in the zip code is Prestige Academy.
Comments:

$102K  
Over the last 30 days, a recent upward trend of new sellers coming into the 19806 zip code market continued, with 35 listings in this week's report. Meanwhile, sales remained flat, with 20 homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As new listings came into the market, the median sales price for those homes already sold continued to fall, trending downwards for four weeks to reach $211,000.
Comments:
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