$559K  
The 19977 zip code market slowed this week but was still better than normal as sales fell 3.2% to 30 homes sold over the last 30 days. On the other hand, the close-by 19709 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 19977 zip code, and the median sales price this period increased from $200,000 to $222,562. With decreasing sales and the availability of seven months of inventory, the 19977 zip code is a solid buyer's market.
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$279K  
Sales have fallen to 31 homes sold over the last 30 days in the 19977 zip code market. Sellers can also expect more competition, due to a nine-week upward trend in homes coming into the market, now up to 79 for the same period. Potential buyers should note that prices are coming down in the 19977 zip code, and for this period the median sales price slid from $209,000 to $200,000. The 19977 zip code is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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The population of the 19977 zip code is somewhat affluent compared to others in Delaware with a median income of $51,898 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 115.0. The 19977 zip code is made up of homes that are of moderate age with a median of 18 years. Heading the list of top schools in the zip code is Smyrna Elementary School.
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$199K  
The 19977 zip code market showed positive signs in this week's report, as the number of home sales climbed 16.7%, pushing the total to 35 homes sold over the last 30 days. To put it in perspective, the close-by 19709 zip code registered 35 homes sold in the same period, the most of all surrounding zip codes. The amount of available homes slid to six months worth, a three-month low.
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$194K  
This week in the 19977 zip code market, sales ticked up to 27 homes sold over the last 30 days, which might be due in part to a recent upward trend in price reductions, with 62 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 19977 zip code, and for this period the median sales price slid from $227,000 to $220,000. The 19977 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$129K  
The 19977 zip code market will be more intense, as not only have sales inched up this week to 26 homes sold over the last 30 days, but there is a solid upward trend of new listings, with 57 going live in the same time frame. New listings numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. The median sales price climbed to $227,000, up from last week's $225,000. Even after the uptick in sales, an elevated eight months of inventory tells us that the 19977 zip code is still a definite buyer's market.
Comments:

$279K  
The 19977 zip code market seems to be nearing a low, as the number of contracts executed fell to 29, the lowest levels since September. Meanwhile, sales came in at 22 homes sold over the last 30 days. During the same time frame, 19709 had the most of any other neighboring zip codes with 47 contracts executed. Prices are falling in the 19977 zip code, and this period the median price of all sales fell from $229,000 to $225,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 19977 zip code is still a solid buyer's market.
Comments:

$279K  
19977 is a larger than average zip code in Delaware with 23,969 residents. Also, it has a lower than average density with 280.1 people per square mile. Keep in mind, most people in the 19977 zip code own their homes, with a 74.6% ownership ratio. The best school in the zip code is Smyrna Elementary School.
Comments:

$559K  
The 19977 zip code market remained sluggish with 21 homes sold in the last 30 days, a 25.0% sales drop. Within the same time frame, the 19904 zip code had 34 sales, the most of all zip codes in the area. The median sales price rose to $229,000, up from last week's $209,500. The 19977 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$219K  
With an identifiable upward trend of new sellers listing homes, including 50 over the last 30 days, and sales that have fallen to 26 in that same time frame, the 19977 zip code market will be getting more competitive. Potential buyers should note that prices went up in the 19977 zip code, with the median for this period rising from $205,000 to $209,500. With decreasing sales and the availability of eight months of inventory, the 19977 zip code is a strong buyer's market.
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