Over the last 30 days, the Farmington market looked active with one home sold. Within the same time frame, Milford had 12 sales, the most of all cities in the area. With only one month of inventory and rising sales, Farmington is a definite seller's market.
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No deals were completed in the Farmington market over the last 30 days. Farmington usually averages 0.2 sales per month.
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The Farmington market was quiet this week as no sales were reported over the previous 30 days. Farmington usually averages 0.2 sales per month.
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The Farmington market was quiet this week and reported zero home sales over the last 30 days. Farmington usually averages 0.2 sales per month.
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The Farmington market was quiet this week and reported zero home sales over the last 30 days. Farmington usually averages 0.2 sales per month.
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Farmington has a population that is younger than most in Delaware with a median age of 43 years. Also, it's somewhat affluent with a median income of $55,368 per household. Keep in mind, most people in Farmington own their homes, with a 60.0% ownership ratio.
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The Farmington market was quiet this week and reported zero home sales over the last 30 days. Farmington usually averages 0.2 sales per month.
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The Farmington market was quiet this week and reported zero home sales over the last 30 days. Farmington usually averages 0.2 sales per month.
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The number of sellers who put their homes up for sale in the Farmington market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for Farmington, coming in at $32,000. There is only one month of inventory available in Farmington, so it's a strong seller's market, even if sales are flat.
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The Farmington market might be slowing in the coming weeks. Sales dropped this week to one home sold over the last 30 days, and there is a budding downward trend in the number of new listings, with zero going live in the same time frame. Potential buyers should note that prices are coming down in Farmington, and for this period the median sales price slid from $118,500 to $32,000. There is only one month of inventory available in Farmington, so it's a definite seller's market, even with the decrease in sales.
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