$550K  
Over the last 30 days, one home was sold in the Kent Acres market, down 50.0%. Additionally, the market is still in a persistent downward trend overall. As sales trended lower, prices have been increasing. The median sales price hit $265,000, extending an eight-week long spike. Kent Acres is still a solid buyer's market, despite the rising prices, with 10 months of inventory to choose from on top of the downward trend in sales.
Comments:

$550K  
With 1,890 residents, Kent Acres is an average-sized city in Delaware. Also, with 2,238.8 people per square mile, it has a higher than average density in comparison to other parts of the state. It should be noted that at 78.9%, most people own their homes in Kent Acres. The best school in the city is Star Hill Elementary School.
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$178K  
The number of price cuts in the Kent Acres market climbed to four over the last 30 days, furthering an emerging positive trend. Perhaps due to the decreases in list prices, sales increased to two homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting six months.
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$229K  
The Kent Acres market saw sales remain flat this week with one home sold over the last 30 days, while new listings climbed to two. The median sales price remained unchanged over the latest reporting period for Kent Acres, coming in at $200,000. With no movement in sales and the availability of 12 months of inventory, Kent Acres is a definite buyer's market.
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$160K  
The Kent Acres market may be experiencing a determined pullback as sales slumped again this week by 50.0% to one home sold over the last 30 days. The median sales price dropped to $200,000 over the latest reporting period for Kent Acres, down from $235,000. Kent Acres is a strong buyer's market, due to a downward trend in sales numbers and 10 months of inventory remaining.
Comments:

$550K  
There were two home sales in the Kent Acres market over the last 30 days. At the same time, close-by Dover reported 24 home sales, the highest number from all the surrounding cities. Prices were able to climb as this week's reported median sales price of $235,000 continued a four-week upswing.
Comments:

$550K  
In this week's report, the number of homes sold in the Kent Acres market dropped to one over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, close-by Dover reported 24 homes sales, the highest number from all the surrounding cities. The prices of sold homes went up with the median sales price setting a six-month high at $270,000. With decreasing sales and the availability of 13 months of inventory, Kent Acres is a definite buyer's market.
Comments:

$550K  
Kent Acres has a cost of living adjustment score of 107.5, which is average when compared to others in Delaware. Also, the area is considered somewhat affluent with a median income of $51,979 per household. Homes in Kent Acres are relatively old with a median age of 28 years. Topping the list of best schools in the city is Star Hill Elementary School.
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$229K  
The Kent Acres market saw one home go under contract and failed to break out of a solid downward trend. Along with that, total home sales fell to two over the last 30 days. Prices are rising in Kent Acres, and the median sales price this period increased from $177,500 to $223,750.
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$188K  
The Kent Acres market slowed with a 40.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.6) with three homes sold. Meanwhile, close-by Dover reported 34 homes sales, the highest number from all the surrounding cities. The median sales price in Kent Acres rose dramatically to $177,500 while months of inventory shot up to four.
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