No deals were completed in the Ellendale market over the last 30 days. Ellendale usually averages 0.2 sales per month.
Comments:

The Ellendale market was quiet this week and reported zero home sales over the last 30 days. Ellendale usually averages 0.2 sales per month.
Comments:

The number of sellers reducing prices in the Ellendale market trended up to zero over the last 30 days, extending a three-week streak. During the same period, one sale was completed. As the lowering of listing prices trended higher, sale prices themselves have been increasing. The median sales price hit $20,250, extending a four-week long spike. In spite of the decrease in sales, the lack of inventory signals that Ellendale is still a seller's market.
Comments:

Ellendale has one of the fastest growing populations in Delaware with a 13.2% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 58th in terms of total population with 381 residents. With a median age of 20 years, homes in Ellendale tend to be of moderate age.
Comments:

The number of homes coming into the Ellendale market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for Ellendale, coming in at $20,250. In spite of flat sales, a low three months of inventory signals that Ellendale is a seller's market.
Comments:

The Ellendale market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price remained unchanged over the latest reporting period for Ellendale, coming in at $20,250. Despite the flat sales, a relatively low three months of inventory remaining indicates that Ellendale is a seller's market.
Comments:

The Ellendale market made strides in this week's report, as the number of sales went up to one home sold over the last 30 days. In comparison, nearby Milford had 11 sales in the same time frame, the most of all neighboring cities. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Ellendale is a seller's market.
Comments:

Sellers in Ellendale weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Ellendale usually averages 0.3 sales per month.
Comments:

No deals were completed in the Ellendale market over the last 30 days. Ellendale usually averages 0.3 sales per month.
Comments:

Ellendale has a population that is older than most in Delaware with a median age of 36 years. Also, it's much less affluent than average with a median income of $43,777 per household. Ellendale is an area where most people own their homes, with an ownership ratio of 63.3%.
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