$194K  
The 19950 zip code market recorded two home sales over the last 30 days. Also, a record number 12 new listings were posted, the highest since October. When comparing other close-by zip codes within the same period, the most came from the 19963 zip code with 26 new listings. The median sales price climbed to $222,495 over the latest reporting period for the 19950 zip code, up from $191,000. The 19950 zip code is a definite buyer's market, due to a big 23 months of inventory left and aided by the dip in sales.
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$194K  
In this week's report, the number of homes sold in the 19950 zip code market slid 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 33 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $191,000 over the latest reporting period for the 19950 zip code, up from $185,500. With decreasing sales and the availability of 15 months of inventory, the 19950 zip code is a definite buyer's market.
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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. With an ownership ratio of 73.1%, most people in the 19950 zip code are homeowners.
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$110K  
The 19950 zip code market slowed with a 20.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.6) with four homes sold. In comparison, the nearby 19963 zip code had 28 sales in the same time frame, the most of all neighboring zip codes. The median sales price of homes sold came in at $185,500, which extended a downward swing in price to four weeks. The 19950 zip code is a strong buyer's market, due to falling prices and a large 12 months of inventory left.
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$175K  
The 19950 zip code market was active in this week's report, as the number of home sales shot up 25.0%, pushing the total to five homes sold over the last 30 days. In comparison, the nearby 19943 zip code had 22 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 $190,500 to $190,000. The 19950 zip code is still a strong buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$175K  
The 19950 zip code market got good news in this week's report, as the number of home sales rose 33.3%, pushing the total to four homes sold over the last 30 days. To put it in perspective, the close-by 19943 zip code registered 22 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 19950 zip code, with the median for this period rising from $190,000 to $190,500. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning the 19950 zip code is still a strong buyer's market.
Comments:

$260K  
The 19950 zip code market slowed with a 25.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.7 monthly average with three homes sold. On the other hand, the close-by 19943 zip code registered 24 homes sold in the same period, the most of all surrounding 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 $320,950 to $190,000. The 19950 zip code is a solid buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
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$319K  
The 19950 zip code market will be heating up, as not only have sales risen this week to four homes sold over the last 30 days, but there is a confirmed upward trend of new listings, with six going live in the same time frame. The median sales price climbed to $320,950, up from last week's $272,000. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning the 19950 zip code is still a strong buyer's market.
Comments:

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 almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
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$269K  
The 19950 zip code market slowed with a 25.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.8 monthly average with three homes sold. Within the same time frame, the 19963 zip code had 16 sales, the most of all zip codes in the area. The median sales price dropped to $272,000, down from last week's $320,950. Along with the slip in sales, a relatively high 15 months of inventory indicates that the 19950 zip code is a solid buyer's market.
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