$169K  
No deals were completed in the Long Neck market over the last 30 days. Long Neck usually averages 0.6 sales per month.
Comments:

Long Neck is a small city in Delaware. It ranks 65th in affluence with a median income of $42,390 per household, and it's the sixth-youngest, with a median age of 62. It should be noted that 41.2% of the homes in Long Neck are owned, while 2.8% are rentals. Heading the list of top schools in the city is East Millsboro Elementary School.
Comments:

$169K  
The number of homes coming into the Long Neck market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for Long Neck, coming in at $42,500. There are only two months of inventory available in Long Neck, so it's a solid seller's market, even if sales are flat.
Comments:

$169K  
With one home sold in the Long Neck market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price of all transactions in Long Neck did not budge this week, remaining at $42,500. In spite of flat sales, a low two months of inventory signals that Long Neck is a strong seller's market.
Comments:

$169K  
The Long Neck market slowed with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.6) with one home sold. On the other hand, close-by Dewey Beach registered four homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $42,500 over the latest reporting period for Long Neck, down from $91,250. Despite the slip in sales, a relatively low two months of inventory indicates that Long Neck is a strong seller's market.
Comments:

$169K  
The Long Neck market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price in Long Neck stayed flat at $140,000 while months of inventory was flat at four.
Comments:

$599K  
With an identifiable downward trend of new sellers listing homes, including zero over the last 30 days, and sales that remained flat at one in that same time frame, the Long Neck market will be cooling. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price in Long Neck stayed flat at $140,000 while months of inventory was flat at four.
Comments:

With a 40.1% increase over the last 10 years, Long Neck ranks first in terms of growth. However, with 1,980 residents, it only ranks 37th in terms of population for Delaware. With a median age of 18 years, homes in Long Neck tend to be of moderate age. The best school in the city is East Millsboro Elementary School.
Comments:

$599K  
In this week's report, the number of homes sold in the Long Neck market fell to one over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Within the same time frame, Rehoboth Beach had three sales, the most of all cities in the area. Potential buyers should note that there are now four months of inventory available in Long Neck and prices have come down. The median sales price dropped to $140,000.
Comments:

$599K  
The number of sellers who put their homes up for sale in the Long Neck 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 of homes sold came in at $142,000, which extended a price upswing to four weeks.
Comments:
Previous Page  1  2 3 4 5 6 7 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.