$169K  
This week in the 19703 zip code market, sales fell to four homes sold over the last 30 days, even as it endures an identifiable upward trend in price reductions, with 15 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 19703 zip code, and for this period the median sales price slid from $208,000 to $183,500. The 19703 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$210K  
The 19703 zip code has a cost of living adjustment score of 114.3, which is average when compared to others in Delaware. Also, the area is considered less affluent than average with a median income of $50,307 per household. With a median age of 49 years, homes in the 19703 zip code tend to be older than most. The top schools in the zip code are Maple Lane Elementary School and Claymont Elementary School.
Comments:

$205K  
Over the last 30 days, the 19703 zip code market had a decrease in home sales with seven. Furthermore, the amount of pending transactions continued to decline, with a total of 10 contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in the 19703 zip code, with the median for this period rising from $206,500 to $208,000.
Comments:

$344K  
The 19703 zip code market stayed soft this week as sales fell 23.1% to land at 10 homes sold over the last 30 days. On the other hand, the close-by 19805 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. Prices were able to climb as this week's reported median sales price of $206,500 continued a four-week upswing.
Comments:

$219K  
The 19703 zip code market slowed with a 7.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 13.6 monthly average with 13 homes sold. On the other hand, the close-by 19803 zip code registered 27 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 19703 zip code, and this period the median price of all sales fell from $210,000 to $205,000. In spite of the decrease in sales, a low three months of inventory signals that the 19703 zip code is a seller's market.
Comments:

$230K  
Sales fell in the 19703 zip code market to 14 homes sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to eight. The median sales price of all transactions in the 19703 zip code did not budge this week, remaining at $210,000. In spite of contracts trending lower, there are only three months of inventory available, which signals that the 19703 zip code is a still seller's market.
Comments:

$244K  
The 19703 zip code market pulled back this week but was still better than normal as sales dropped 5.9% to 16 homes sold over the last 30 days. Within the same time frame, the 19805 zip code had 41 sales, the most of all zip codes in the area. The median sales price rose to $213,500 over the latest reporting period for the 19703 zip code, up from $205,000. With only three months of inventory to sell, the 19703 zip code is a seller's market, in spite of the dip in sales.
Comments:

$185K  
With 14,554 residents, 19703 is a larger than average zip code in Delaware. Also, with a 5.5% decrease over the last 10 years, its population is growing slightly slower than other parts of the state. Keep in mind, 48.0% of the homes in the 19703 zip code are owned, while 43.9% are rented. The best schools in the zip code are Maple Lane Elementary School and Claymont Elementary School.
Comments:

$253K  
Sales in the 19703 zip code market rose to 17 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 10 price reductions in the same time frame. All indications show that the trend should continue, meaning less price reductions over the next few weeks. The median sales price in the 19703 zip code stayed put this week at $205,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 19703 zip code is a seller's market.
Comments:

$344K  
The 19703 zip code market pulled back with a 16.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (13.1) with 15 homes sold. Within the same time frame, the 19805 zip code had 47 sales, the most of all zip codes in the area. The median sales price dropped to $205,000, down from last week's $205,450. Despite the slip in sales, a relatively low three months of inventory indicates that the 19703 zip code is a seller's market.
Comments:
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Berkshire Hathaway HomeServices
Snapped 4 homes in this area
Artisan Realty
Snapped 7 homes in this area
Marvin Capps Realty, Inc.
Snapped 1 home in this area

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