$299K  
The Georgetown market broke below its 12-month average sales volume this week as sales fell 50.0% to hit one home sold over the last 30 days. Within the same time frame, Milford had nine sales, the most of all cities in the area. The median sales price dropped to $208,000 over the latest reporting period for Georgetown, down from $241,625. Georgetown is a definite buyer's market, thanks to a big 62 months of inventory to choose from and a pullback in sales.
Comments:

$114K  
Sales remained steady from last week to this week, with one home sold in the Georgetown market over the last 30 days. However, a long downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price dropped to $208,000 over the latest reporting period for Georgetown, down from $210,000. A downturn in contracts, coupled with the availability of 59 months of inventory, prove that Georgetown is a solid buyer's market.
Comments:

$289K  
Sales numbers in the Georgetown market remain the same with one home sold over the last 30 days and the market still shows an emerging trend downward overall. Pricing in Georgetown remains consistent from last week to this week, with the median sales price at $210,000 again.
Comments:

In this week's report, the number of homes sold in the Georgetown market slid to one over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. In comparison, nearby Milford had 16 sales in the same time frame, the most of all neighboring cities. Prices are falling in Georgetown, and this period the median price of all sales fell from $216,000 to $210,000.
Comments:

With 6,422 residents, Georgetown is a larger than average city in Delaware. However, with an 18.6% increase over the last 10 years, it ranks first in terms of growth. Georgetown is made up of homes that are considered relatively old with a median of 31 years. The top school in the city is Sussex Technical High School.
Comments:

The Georgetown market saw one home go under contract, and failed to break out of an established downward trend. The market had total home sales of two over the last 30 days, maintaining last week's pace. The median sales price of all transactions in Georgetown did not budge this week, remaining at $216,000. With only two months of inventory to sell, Georgetown is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$167K  
Sales in the Georgetown market remained level with two homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. While the number of price reductions trended lower, months of inventory is on a four-week downward trend, this week hitting two months. In spite of the decrease in sales, the lack of inventory signals that Georgetown is still a definite seller's market.
Comments:

$167K  
While home sales in the Georgetown market have been better than usual, in this week's report they dropped 50.0% to two homes sold over the last 30 days. Within the same time frame, Milford had 18 sales, the most of all cities in the area. The median sales price in Georgetown rose dramatically to $198,500 while months of inventory shot up to four.
Comments:

$167K  
Sales rose to four homes sold in the Georgetown market over the last 30 days. However, an emerging downturn in the amount of pending transactions continued, with zero completed in the same period. Prices are rising in Georgetown, and the median sales price this period increased from $41,275 to $108,137. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Georgetown is a definite seller's market.
Comments:

$167K  
The number of homes coming into the Georgetown market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for Georgetown, coming in at $41,275. There are only two months of inventory available in Georgetown, so it's a strong seller's market, even if sales are flat.
Comments:
Previous Page  1  2 3 4 5 6 Next Page


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.