$159K  
The Glasgow market reported positive news in this week's report, as the number of home sales climbed 22.2%, pushing the total to 11 homes sold over the last 30 days. To put it in perspective, close-by Pike Creek registered 34 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $202,000 this week.
Comments:

$365K  
A four-week negative trend in sales was extended when the Glasgow market saw nine more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since February at 15. In comparison, Pike Creek had 29 price reductions in the same time frame, the most of all nearby municipalities. Furthermore, a six-week upward trend in new listings is expected to come to an end over the coming weeks. With the strong number of new listings, months of inventory hit five, extending an upward trend to four weeks.
Comments:

$159K  
Home sales in the Glasgow market stayed soft in this week's report as they fell 30.0% to seven homes sold over the last 30 days. Within the same time frame, Pike Creek had 35 sales, the most of all cities in the area. The median sales price dropped to $202,000, down from last week's $239,750.
Comments:

The population of Glasgow is growing slower than the rest of Delaware, at a 10-year growth rate of 16.8%. However, it's already the seventh-most populous city in the state, with 14,303 residents. Homes in Glasgow are of moderate age with a median age of 17 years. Topping the list of best schools in the city is Providence Corporation.
Comments:

$189K  
The Glasgow market will be more selective in the short term. Sales have fallen this week to 10 homes sold over the last 30 days, and there is also an identifiable upward trend of new listings, with 21 going live in the same time frame. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $239,750 this week.
Comments:

$159K  
The Glasgow market picked up in this week's report, as the number of sales went up to 12 homes sold over the last 30 days. Within the same time frame, Elkton had 23 sales, the most of all cities in the area. Months of inventory in Glasgow was flat at four but prices came down, as the median sales price dropped to $215,000.
Comments:

$192K  
There were 10 homes sold in the Glasgow market over the last 30 days, but 11 contracts were executed. This marks the lowest amount since October, and could be a sign that the market is approaching a low. When comparing other close-by municipalities within the same period, the most came from Elkton with 36 contracts executed. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $215,000 this week.
Comments:

$599K  
The Glasgow market looks like it may be still soft. Along with a continuing three-week positive trend, bringing this week's numbers up to 13 homes sold over the last 30 days, new listings are at the highest they've been in three months. When comparing other close-by municipalities within the same period, the most came from Elkton with 47 new listings. Prices are falling in Glasgow, and this period the median price of all sales fell from $200,000 to $195,000. Despite the slip in sales, a relatively low three months of inventory indicates that Glasgow is a seller's market.
Comments:

$599K  
This week in the Glasgow market, sales fell to 14 homes sold over the last 30 days, coinciding with a confirmed downward trend in price reductions, with 13 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price in Glasgow stayed put this week at $200,000. Despite the slip in sales, a relatively low three months of inventory indicates that Glasgow is a seller's market.
Comments:

$339K  
Glasgow rank as the seventh-wealthiest city in Delaware with a median income of $72,674 per household. The population is considered older than most with a median age of 36 years. With an ownership ratio of 82.1%, the vast majority of people in Glasgow are homeowners. The best school in the city is Providence Corporation.
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