Frederica is a smaller-than-average city in Delaware with a population of 774 residents. Also, it has a much lower than average density with 402.7 people per square mile. Frederica is an area where most people own their homes, with an ownership ratio of 58.9%. The best school in the city is Lake Forest East Elementary School.
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$194K  
The Frederica market will be more selective in the short term. Sales have fallen this week to one home sold over the last 30 days, and there is also a confirmed upward trend of new listings, with two going live in the same time frame. All indications show that the trend should continue, meaning more new listings over the next few weeks. At the same time that additional listings came into the market, prices took a turn lower, with the median sales price falling to a three-month low at $60,000. Frederica is a definite buyer's market, due to falling prices and a large 20 months of inventory left.
Comments:

$198K  
Over the last 30 days, two homes were sold in the Frederica market, up 100.0%. However, the market is still in a recent downward trend overall. The median sales price dropped to $80,000 over the latest reporting period for Frederica, down from $100,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Frederica is still a strong buyer's market.
Comments:

$198K  
Over the past 30 days, there have been fewer price cuts in the Frederica market, continuing a nine-week declining trend to land at one. However, home sales remained flat with two over the same period. The median sales price remained unchanged over the latest reporting period for Frederica, coming in at $168,950. Frederica is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$246K  
The number of homes coming into the Frederica market stayed firm with four listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Months of inventory continued a steady rise, trending upwards for four weeks to reach eight months. Frederica is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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Frederica is a city in Delaware. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $44,732 per household and cost of living adjustment score of 101.7. Homes in Frederica are relatively old with a median age of 38 years. The best school in the city is Lake Forest East Elementary School.
Comments:

$246K  
The number of homes coming into the Frederica market spiked to four 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 remained unchanged over the latest reporting period for Frederica, coming in at $132,450. With no movement in sales and the availability of seven months of inventory, Frederica is a definite buyer's market.
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$170K  
This week in the Frederica market, sales dropped to two homes sold over the last 30 days, coinciding with a budding downward trend in price reductions, with zero in the same time frame. Prices are rising in Frederica, and the median sales price this period increased from $82,500 to $132,450. Along with the slip in sales, a relatively high seven months of inventory indicates that Frederica is a definite buyer's market.
Comments:

$198K  
Sales dropped in the Frederica market to three homes sold over the last 30 days. It's also under an identifiable downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price dropped dramatically to $82,500, down from last week's $164,500.
Comments:

$249K  
The Frederica market is currently in the middle of an unwavering upward sales trend, even as sales remained flat at four homes sold over the last 30 days. Months of inventory in Frederica was flat at four but prices came down, as the median sales price dropped to $164,500.
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