$295K  
The number of homes coming into the Highland Acres market shot up to six listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price dropped to $253,950 over the latest reporting period for Highland Acres, down from $259,900. Highland Acres is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

Highland Acres has a much younger population than other areas in Delaware with a median age of 46 years. It also ranks as the 25th- most affluent with a median income of $73,179 per household. Detached homes account for 100% of the area's current housing market. Topping the list of best schools in the city is Star Hill Elementary School.
Comments:

$300K  
The number of sellers reducing prices in the Highland Acres market trended up to four over the last 30 days, extending a nine-week streak. During the same period, two sales were completed. 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 Highland Acres, with the median for this period rising from $219,900 to $259,900. With decreasing sales and the availability of eight months of inventory, Highland Acres is a strong buyer's market.
Comments:

$224K  
Fewer sellers put their homes up for sale in the Highland Acres market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $219,900 this week.
Comments:

$350K  
The Highland Acres market pulled back with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.8) with three homes sold. Meanwhile, close-by Dover reported 28 homes sales, the highest number from all the surrounding cities. Months of inventory is on a four-week downward trend, this week hitting five months.
Comments:

$320K  
Over the last 30 days, the sale of four homes took place in the Highland Acres market. This shows a 20.0% drop from the prior period but the area remains on a new upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are rising in Highland Acres, and the median sales price this period increased from $244,000 to $301,450. Despite the slip in sales, a relatively low three months of inventory indicates that Highland Acres is a seller's market.
Comments:

$249K  
The Highland Acres market warmed up this week as sales jumped 25.0% to hit five homes sold over the last 30 days. To put it in perspective, close-by Dover registered 34 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $244,000 over the latest reporting period for Highland Acres, down from $273,500. With only three months of inventory and rising sales, Highland Acres is a seller's market.
Comments:

Highland Acres is a city that is growing slightly faster than others in Delaware at a 10-year growth rate of 10.6%. It also has a larger than average population of 3,459 people. Homes in Highland Acres are relatively old with a median age of 32 years. Heading the list of top schools in the city is Star Hill Elementary School.
Comments:

$249K  
While home sales in the Highland Acres market have been above average, in this week's report they slid 20.0% to four homes sold over the last 30 days. Meanwhile, close-by Dover reported 33 homes sales, the highest number from all the surrounding cities. Prices are falling in Highland Acres, and this period the median price of all sales fell from $303,000 to $273,500. With only three months of inventory to sell, Highland Acres is a seller's market, in spite of the dip in sales.
Comments:

$350K  
The Highland Acres market got positive news in this week's report, as the number of home sales rose 200.0%, pushing the total to three homes sold over the last 30 days. At the same time, close-by Dover reported 25 home sales, the highest number from all the surrounding cities. Prices are falling in Highland Acres, and this period the median price of all sales fell from $540,000 to $244,000.
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