$379K  
The number of homes coming into the 19950 zip code market shot up to six 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 dropped dramatically to $38,308, down from last week's $63,308. The 19950 zip code is a solid buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$149K  
The 19950 zip code has a population that is younger than most in Delaware with a median age of 41 years. Also, it's less affluent than average with a median income of $49,965 per household. It should be noted that at 73.1%, most people own their homes in the 19950 zip code.
Comments:

$189K  
The 19950 zip code market was active this week as sales climbed 33.3% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, the 19963 zip code had 16 sales, the most of all zip codes in the area. Prices are falling in the 19950 zip code, and this period the median price of all sales fell from $82,500 to $63,308. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 19950 zip code is still a definite buyer's market.
Comments:

$397K  
The 19950 zip code market remained soft with two homes sold in the last 30 days, a 33.3% sales drop. In comparison, the nearby 19963 zip code had 14 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $143,750 over the latest reporting period for the 19950 zip code, down from $180,000. The 19950 zip code is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

$399K  
In this week's report, the number of homes sold in the 19950 zip code market dropped to three over the past 30 days. It marked a decrease of 25.0% from last week's report and a fall below the monthly average. Meanwhile, the 19963 zip code reported 17 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 19950 zip code, and this period the median price of all sales fell from $226,250 to $180,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 19950 zip code is a definite buyer's market.
Comments:

$379K  
The number of sellers who put their homes up for sale in the 19950 zip code market over the last 30 days remained flat this week at five. Home sales also remained unchanged from the prior period and once again four homes were sold. The median sales price remained unchanged over the latest reporting period for the 19950 zip code, coming in at $226,250. With no movement in sales and the availability of eight months of inventory, the 19950 zip code is a definite buyer's market.
Comments:

$110K  
With four homes sold in the 19950 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with five new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 19950 zip code, coming in at $226,250. The 19950 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$149K  
With 6,596 residents, 19950 is an average-sized zip code in Delaware. Also, with a 25.3% increase over the last 10 years, its population is growing faster than other parts of the state. The 19950 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
Comments:

$524K  
A record four homes were sold in the 19950 zip code market over the last 30 days, which is a new high going back to October. This is a 100.0% jump from the previous period. In comparison, 19963 led all other nearby zip codes with 18 sales. Naturally, as sales hit a top, the amount of available homes decreased, falling to eight months worth of inventory, its lowest point since October. Even with the rising sales, the large amount of remaining inventory tells us that the 19950 zip code is still a definite buyer's market.
Comments:

$379K  
With two homes sold in the 19950 zip code market over the last 30 days, we see no change from last week's numbers. However, five new listings came into the market. Prices are rising in the 19950 zip code, and the median sales price this period increased from $171,750 to $199,032. The 19950 zip code is a definite buyer's market, due to a big 16 months of inventory left and aided by the flat sales.
Comments:
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Tyler-Donegan-Duncan Real Estate Services, Inc.
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