$175K  
Home sales in the Frederica market have steadily topped the monthly average for some time. However, this week the numbers came down by 25.0% to come in at three homes sold during the last 30 days. In comparison, nearby Dover had 42 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Frederica, with the median for this period rising from $53,500 to $77,000. Frederica is a solid buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
Comments:

$149K  
Sales rose to four homes sold over the last 30 days in the Frederica market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to one for the same period. The median sales price rose dramatically to $53,500, up from last week's $30,000. Frederica is still a definite buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

$175K  
The Frederica market made strides in this week's report, as the number of home sales rose 200.0%, pushing the total to three homes sold over the last 30 days. At the same time, close-by Dover reported 45 home sales, the highest number from all the surrounding cities. The median sales price of all transactions in Frederica did not budge this week, remaining at $30,000. Frederica is still a strong buyer's market, due to the availability of 14 months of remaining inventory, even after the uptick in sales.
Comments:

$175K  
Fewer sellers put their homes up for sale in the Frederica market over the last 30 days and the number of new listings fell this week to two. Home sales remained unchanged from the prior period and once again one home was sold. Pricing in Frederica remains consistent from last week to this week, with the median sales price at $30,000 again. Along with flat sales, a relatively high 22 months of inventory indicates that Frederica is a strong buyer's market.
Comments:

Frederica is a smaller-than-average city in Delaware with a population of 774 residents, and it has a much lower than average density compared to the rest of the state, with 402.7 people per square mile. It should be noted that at 58.9%, most people own their homes in Frederica. Topping the list of best schools in the city is Lake Forest East Elementary School.
Comments:

$275K  
Over the last 30 days, an emerging downward trend of new sellers coming into the Frederica market continued, with three listings in this week's report. Meanwhile, sales ticked up, with one home selling during the same period. Frederica is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 20 months of remaining inventory.
Comments:

$198K  
Over the last 30 days, no deals were completed in the Frederica market. Frederica is used to having 1.2 sales per month.
Comments:

$198K  
With two homes sold in the Frederica market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with three new listings for buyers to choose from. Pricing in Frederica remains consistent from last week to this week, with the median sales price at $105,000 again. Along with flat sales, a relatively high 12 months of inventory indicates that Frederica is a strong buyer's market.
Comments:

$275K  
Fewer sellers put their homes up for sale in the Frederica market over the last 30 days and the number of new listings fell this week to three. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price in Frederica stayed put this week at $105,000. With no movement in sales and the availability of 12 months of inventory, Frederica is a strong buyer's market.
Comments:

The population of Frederica is less affluent than average compared to others in Delaware with a median income of $44,732 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 101.7. Frederica is made up of homes that are considered relatively old with a median of 38 years. Topping the list of best schools in the city is Lake Forest East Elementary School.
Comments:
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