$524K  
The 19950 zip code market slowed with a 40.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.6 monthly average with three homes sold. On the other hand, the close-by 19963 zip code registered 28 homes sold in the same period, the most of all surrounding zip codes. The median sales price has been increasing as it hit $95,000, extending a four-week long spike. The 19950 zip code is a definite buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

19950 is a zip code in Delaware, and is less affluent than average with a median income of $49,965 per household. It's younger than the rest of the state, with a median age of 41. Keep in mind, most people in the 19950 zip code own their homes, with a 73.1% ownership ratio.
Comments:

$299K  
The 19950 zip code market slowed this week but was still better than normal as sales dropped 16.7% to five homes sold over the last 30 days. In comparison, the nearby 19963 zip code had 24 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 19950 zip code, and for this period the median sales price slid from $169,900 to $149,900.
Comments:

$299K  
Over the last 30 days, the 19950 zip code market was steady and saw six homes sold. However, the number of pending transactions continued to decline, with a total of five transactions during the same period. Prices are falling in the 19950 zip code, and this period the median price of all sales fell from $175,950 to $169,900.
Comments:

$489K  
Over the past 30 days, there have been fewer price cuts in the 19950 zip code market, continuing a six-week declining trend to land at one. However, home sales remained flat with five over the same period. The median sales price remained unchanged over the latest reporting period for the 19950 zip code, coming in at $162,000.
Comments:

$299K  
The 19950 zip code market looked solid in this week's report, as the number of home sales jumped 25.0%, pushing the total to five homes sold over the last 30 days. Within the same time frame, the 19963 zip code had 15 sales, the most of all zip codes in the area. The median sales price rose dramatically to $162,000, up from last week's $115,700.
Comments:

$489K  
19950 is an average-sized zip code in Delaware with 6,596 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 25.3%. The 19950 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$489K  
The number of homes coming into the 19950 zip code market plummeted to one listing over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Prices are rising in the 19950 zip code, and the median sales price this period increased from $51,450 to $115,700. The 19950 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

$379K  
With an identifiable downward trend in sellers reducing price, including three markdowns over the last 30 days, sales in the 19950 zip code market remained the same with four over the same stretch of time. The median sales price rose dramatically to $51,450, up from last week's $38,808. The 19950 zip code is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

$104K  
Over the last 30 days, sales in the 19950 zip code market fell to four. However, the number of pending transactions continued to improve, reaching a total of six during the same period. While contracts numbers were strong, the median sales price of those homes came in at $38,808, which extended a downward swing in price to four weeks. Along with the falling prices, the relatively large seven months of inventory means that the 19950 zip code is a definite buyer's market.
Comments:
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Tyler-Donegan-Duncan Real Estate Services, Inc.
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