$410K  
The 19939 zip code market made strides in this week's report, as the number of home sales climbed 11.1%, pushing the total to 10 homes sold over the last 30 days. Within the same time frame, the 19971 zip code had 44 sales, the most of all zip codes in the area. The median sales price climbed to $404,952, up from last week's $394,900. The 19939 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 24 months of remaining inventory.
Comments:

19939 is the fastest growing zip code in Delaware, at a 10-year growth rate of 36.7%. It currently ranks 43rd in terms of population with 5,894 residents. Homes in the 19939 zip code are of moderate age with a median age of 20 years. The top school in the zip code is Indian River High School.
Comments:

$1.1M  
A record six homes were sold in the 19939 zip code market over the last 30 days, which is a new high going back to May. This is a 200.0% jump and comes on top of an extended three-week steady increase in sales activity. During the same time frame, 19971 had the most sales of any other neighboring zip codes with 20. The median sales price dropped to $404,952 over the latest reporting period for the 19939 zip code, down from $409,500. The 19939 zip code is a still strong buyer's market, in spite of the rising sales numbers, due to the availability of 38 months of remaining inventory.
Comments:

$155K  
The 19939 zip code market broke below its 12-month average sales volume this week as sales fell 50.0% to hit one home sold over the last 30 days. Within the same time frame, the 19971 zip code had 11 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 19939 zip code, with the median for this period rising from $495,387 to $649,000. The 19939 zip code is a definite buyer's market, due to a big 195 months of inventory left and aided by the dip in sales.
Comments:

$699K  
Home sales in the 19939 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 50.0% to one home sold over the last 30 days. On the other hand, the close-by 19971 zip code registered nine homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed during this period, hitting a three-month high at $341,774. The 19939 zip code is a definite buyer's market, thanks to a big 17 months of inventory to choose from and a pullback in sales.
Comments:

$243K  
Sales numbers in the 19939 zip code market remain the same with two homes sold over the last 30 days and the market still shows a budding trend downward overall. The median sales price in the 19939 zip code stayed put this week at $295,312. The 19939 zip code is a strong buyer's market with eight months of inventory to choose from, aided by the downturn in sales.
Comments:

$545K  
Over the last 30 days, sales in the 19939 zip code market remained at their current pace of two homes. However, the amount of pending transactions continued to improve, reaching a total of two 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. Pricing in the 19939 zip code remains consistent from last week to this week, with the median sales price at $295,312 again. Along with flat sales, a relatively high eight months of inventory indicates that the 19939 zip code is a strong buyer's market.
Comments:

The 19939 zip code has a population that is much younger than most in Delaware with a median age of 47 years. Also, it's somewhat affluent with a median income of $50,800 per household. With an ownership ratio of 65.5%, most people in the 19939 zip code are homeowners. Heading the list of top schools in the zip code is Indian River High School.
Comments:

$545K  
The number of homes coming into the 19939 zip code market stayed firm with three 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 climbed to $295,312, up from last week's $264,375. Along with flat sales, a relatively high eight months of inventory indicates that the 19939 zip code is a definite buyer's market.
Comments:

$243K  
Over the last 30 days, two homes were sold in the 19939 zip code market, up 100.0%. However, the market is still in an identifiable downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Prices are falling in the 19939 zip code, and this period the median price of all sales fell from $279,900 to $264,375. Even after the uptick in sales, an elevated eight months of inventory tells us that the 19939 zip code is still a definite buyer's market.
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