$550K  
The 19940 zip code market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at one. The median sales price in the 19940 zip code stayed put this week at $159,900. The 19940 zip code is a solid buyer's market, due to a big 13 months of inventory left and aided by the flat sales.
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$549K  
The 19940 zip code market improved this week with one home sold over the last 30 days. To put it in perspective, the close-by 19966 zip code registered eight homes sold in the same period, the most of all surrounding zip codes. Even after the uptick in sales, an elevated 13 months of inventory tells us that the 19940 zip code is still a definite buyer's market.
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The 19940 zip code is a zip code in Delaware with a median income of $45,540 per household. Besides being less affluent than average, its population is younger than others with a median age of 39 years. Detached homes account for 100% of the area's current housing market.
Comments:

$549K  
The 19940 zip code market pulled back this week but was still better than normal as sales slid 25.0% to three homes sold over the last 30 days. In comparison, the nearby 21804 zip code had 14 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 19940 zip code stayed put this week at $138,650.
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$599K  
Over the last 30 days, the sale of four homes took place in the 19940 zip code market. This shows a 42.9% drop from the prior period but the area remains on an emerging upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should take note that the median sales price in the 19940 zip code jumped to $138,650 and that there are four months of inventory still available.
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$574K  
With a new downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at seven in that same time frame, the 19940 zip code market will be cooling. Pricing in the 19940 zip code remains consistent from last week to this week, with the median sales price at $67,179 again. With only two months of inventory to sell, the 19940 zip code is a strong seller's market, in spite of the flat sales.
Comments:

$599K  
The 19940 zip code market was healthy in this week's report, as the number of home sales spiked 50.0%, pushing the total to six homes sold over the last 30 days. In comparison, the nearby 21804 zip code had 42 sales in the same time frame, the most of all neighboring zip codes. The median sales price jumped to $58,589 over the latest reporting period for the 19940 zip code, up from $45,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 19940 zip code is a strong seller's market.
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$169K  
19940 is a smaller-than-average zip code in Delaware with 5,987 residents. Also, it has a much lower than average density with 132.8 people per square mile. It should be noted that at 69.6%, most people own their homes in the 19940 zip code.
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$499K  
The number of home sales in the 19940 zip code market rose 33.3% to four homes over the last 30 days. Within the same time frame, the 21804 zip code had 39 sales, the most of all zip codes in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $45,000 this week.
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$599K  
Sales in the 19940 zip code market rose to two homes sold over the last 30 days, while the number of sellers reducing their list prices reached four, which continues a budding 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. The 19940 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
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