Riverview is a city that is growing slightly faster than others in Delaware at a 10-year growth rate of 44.5%. It also has an average-sized population of 2,456 people. Riverview is made up of homes that are considered of moderate age with a median of 17 years. Heading the list of top schools in the city is Lake Forest East Elementary School.
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$115K  
With a determined downward trend of new sellers listing homes, including four over the last 30 days, and sales that dropped to three in that same time frame, the Riverview market will be slowing down. All indications show that the trend should continue, meaning less new listings over the next few weeks. The median sales price rose dramatically to $278,000, up from last week's $223,950.
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$305K  
The number of homes coming into the Riverview market stayed firm with five listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The median sales price in Riverview stayed flat at $223,950 while months of inventory was flat at four.
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$216K  
Over the last 30 days, four homes were sold in the Riverview market, up 33.3%. However, the market is still in a confirmed downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices went up in Riverview, with the median for this period rising from $144,900 to $223,950. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Riverview is a seller's market.
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$216K  
The Riverview market may be experiencing an extended pullback, but sales managed an uptick this week of 50.0% to three homes sold over the last 30 days. The median sales price dropped to $144,900 over the latest reporting period for Riverview, down from $157,400.
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$295K  
The Riverview market saw sales remain flat this week with two homes sold over the last 30 days, while new listings rose to four. The median sales price dropped to $157,400 over the latest reporting period for Riverview, down from $159,200. Riverview is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
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Riverview is a small city in Delaware with a median income of $62,179 per household. Besides being affluent, its population is younger than others with a median age of 40 years. Detached homes account for 100% of the area's current housing market. Topping the list of best schools in the city is Lake Forest East Elementary School.
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$216K  
The number of sellers reducing prices in the Riverview market trended up to five over the last 30 days, extending a three-week streak. During the same period, two sales were completed. As might be expected, as the number of sellers reducing price trended higher, the median sales price continued to fall, trending downwards for four weeks to reach $159,200.
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$216K  
The number of homes coming into the Riverview market fell to four listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Prices took a turn lower, with the median sales price falling to a three-month low at $173,500.
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$489K  
Over the last 30 days, the sale of three homes took place in the Riverview market. This shows a 50.0% drop from the prior period but the area remains on a determined upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. While sales were solid, months of inventory were further reduced to five, extending a downward trend to eight weeks.
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