$349K  
Over the last 30 days, sales in the 19971 zip code market fell to seven. However, the number of pending transactions continued to improve, reaching a total of 13 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price climbed to $604,900 over the latest reporting period for the 19971 zip code, up from $540,000. With decreasing sales and the availability of nine months of inventory, the 19971 zip code is a strong buyer's market.
Comments:

$869K  
Over the last 30 days, the 19971 zip code market showed positive signs with nine homes sold, a 12.5% increase from last week's report. To put it in perspective, the close-by 19963 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $540,000, up from last week's $495,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 19971 zip code is still a definite buyer's market.
Comments:

$185K  
Sales have fallen to eight homes sold over the last 30 days in the 19971 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 10 for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price climbed to $495,000 over the latest reporting period for the 19971 zip code, up from $450,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 19971 zip code is a definite buyer's market.
Comments:

19971 is a larger than average zip code in Delaware with a population of 12,797 residents. Also, it has an average density with 689.5 people per square mile. Keep in mind, 32.5% of the homes in the 19971 zip code are owned, while 7.9% are rented. The top school in the zip code is Rehoboth Elementary School.
Comments:

$1.4M  
The 19971 zip code market slowed with an 18.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (8.1) with nine 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 jumped to $450,000 over the latest reporting period for the 19971 zip code, up from $340,000. The 19971 zip code is a solid buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$259K  
The 19971 zip code market cooled off with a 26.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (8.1) with 11 homes sold. Meanwhile, the 19963 zip code reported 21 home sales, the highest number from all the surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $340,000. With prices falling, the availability of eight months of inventory means that the 19971 zip code is a solid buyer's market.
Comments:

$4.5M  
The 19971 zip code market is enjoying a budding upward trend, even as sales remained the same this week at 15 homes over the last 30 days. The median sales price dropped to $319,900 over the latest reporting period for the 19971 zip code, down from $340,000.
Comments:

$349K  
The number of homes coming into the 19971 zip code market climbed to 13 listings over the last 30 days, while sales remained right where they were as once again 15 homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 19971 zip code, coming in at $340,000.
Comments:

$869K  
The 19971 zip code market was very active in this week's report, as the number of home sales rocketed 36.4%, pushing the total to 15 homes sold over the last 30 days. At the same time, the 19963 zip code reported 15 home sales, the highest number from all the surrounding zip codes. Months of inventory continued a steady fall, trending downwards for four weeks to reach six months.
Comments:

The costs of the 19971 zip code is considered very expensive compared to others in Delaware with a cost of living adjustment score of 145.3. Also, it ranks 20th in terms of wealth with a median income of $60,906 per household. Homes in the 19971 zip code are of moderate age with a median age of 25 years. Heading the list of top schools in the zip code is Rehoboth Elementary School.
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