$205K  
The 19702 zip code market closed in on its 12-month sales average this week as sales climbed 15.4% to reach 45 homes sold over the last 30 days. In comparison, the nearby 21921 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $199,900 over the latest reporting period for the 19702 zip code, down from $207,900. With just three months of inventory available and sales going up, the 19702 zip code is a seller's market.
Comments:

$205K  
19702 is a zip code in Delaware, and is very affluent with a median income of $66,626 per household. It's much older than the rest of the state, with a median age of 33. It should be noted that at 64.0%, most people own their homes in the 19702 zip code. The top school in the zip code is Providence Corporation.
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$102K  
A three-week rough patch for the overall sales trend continues in the 19702 zip code market. On a positive note, the number of sales actually rose 15.2% over the last 30 days to hit 38. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in the 19702 zip code, and for this period the median sales price slid from $214,500 to $210,950. With only three months of inventory and rising sales, the 19702 zip code is a seller's market.
Comments:

$599K  
The 19702 zip code market picked up this week with 32 homes sold over the last 30 days. At the same time, the 21921 zip code reported 37 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $214,750, and there are a fairly average four months of inventory left to be sold.
Comments:

$129K  
Over the past 30 days, there have been fewer price cuts in the 19702 zip code market, continuing a nine-week declining trend to land at 31. However, home sales were up to 31 over the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $214,000 this week.
Comments:

$103K  
The 19702 zip code market is cooling off. While sales this week came in at 27 homes sold over the last 30 days, new listings are at the lowest they've been since last January. In comparison, the 19720 zip code had 66 new listings in the same time frame, the most of all nearby zip codes. However, a six-week downward trend in new listings is expected to come to an end over the coming weeks. As new listings were reduced, the median sales price for the homes that have sold fell as well, hitting a six-month low at $195,000.
Comments:

$599K  
In this week's report, the number of homes sold in the 19702 zip code market fell to 36 over the past 30 days. It marked a decrease of 26.5% from last week's report and a fall below the monthly average. In comparison, the nearby 19709 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 19702 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $211,650 this week.
Comments:

$339K  
The 19702 zip code has one of the largest populations in Delaware with 53,058 residents. On top of being the third-most populated zip code, it has seen a 19.3% increase in population over the last 10 years. The 19702 zip code market is mostly made up of condos and townhouses, which currently account for 44% of the homes for sale in the area. Topping the list of best schools in the zip code is Providence Corporation.
Comments:

$599K  
Sales in the 19702 zip code market fell to 46 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 35 price reductions in the same time frame. The median sales price climbed to $211,400, up from last week's $207,750. Despite the slip in sales, a relatively low three months of inventory indicates that the 19702 zip code is a seller's market.
Comments:

$599K  
The 19702 zip code market will be getting less crowded in the coming weeks. Sales rose this week to 51 homes sold over the last 30 days, and there is a recent downward trend in the number of new listings, with 33 going live in the same time frame. The median sales price dropped to $201,500, down from last week's $208,325. The rising sales and a low three months of inventory point to the 19702 zip code being a seller's market.
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