$520K  
This week in the Hockessin market, sales inched up to 17 homes sold over the last 30 days, which might be due in part to a confirmed upward trend in price reductions, with 19 being reported in the same time frame. Potential buyers should note that prices are coming down in Hockessin, and for this period the median sales price slid from $387,450 to $375,000. With only three months of inventory and rising sales, Hockessin is a seller's market.
Comments:

The population of Hockessin ranks as the eighth-wealthiest in Delaware with a median income of $113,898 per household. It also ranks as the sixth-most expensive city with a cost of living adjustment score of 145.7. Hockessin is made up of homes that are relatively old with a median of 26 years. The top school in the city is Dupont Middle School.
Comments:

$569K  
The Hockessin market got good news this week as sales rose 23.1% to reach 16 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, nearby Wilmington had 90 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Hockessin, with the median for this period rising from $349,000 to $387,450. The rising sales and a low three months of inventory point to Hockessin being a seller's market.
Comments:

$589K  
The Hockessin market showed healthy signs in this week's report, as the number of sales went up to 13 homes sold over the last 30 days. Within the same time frame, Wilmington had 92 sales, the most of all cities in the area. The median sales price dropped to $349,000, down from last week's $372,500.
Comments:

$374K  
The number of homes coming into the Hockessin market fell to 25 listings over the last 30 days, while sales remained right where they were as once again 14 homes were sold over the same period. The median sales price stayed flat at $367,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$1.3M  
Despite a 17.6% drop in sales over the last 30 days, the Hockessin market extended a three-week hot streak with a total of 14 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. While sales were solid, months of inventory were further reduced to four, extending a downward trend to eight weeks.
Comments:

Hockessin has one of the largest populations in Delaware with 13,527 residents. On top of being the eighth-most populated city, it has seen a 5.3% increase in population over the last 10 years. Detached homes account for 88% of the area's current housing market. The best school in the city is Dupont Middle School.
Comments:

$1.3M  
The Hockessin market will be more intense, as not only have sales risen this week to 16 homes sold over the last 30 days, but there is a new upward trend of new listings, with 27 going live in the same time frame. The median sales price in Hockessin stayed flat at $372,000 while months of inventory was flat at four.
Comments:

$179K  
With an emerging upward trend of new sellers listing homes, including 26 over the last 30 days, and sales that have shot up to 13 in that same time frame, the Hockessin market will be getting more crowded. As more new listings came into the market, prices have been falling. The median sales price dropped to $372,000, extending a four-week long spiral.
Comments:

$458K  
The Hockessin market closed in on its 12-month sales average this week as sales rose 11.1% to reach 10 homes sold over the last 30 days. To put it in perspective, close-by Wilmington registered 85 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Hockessin, and for this period the median sales price slid from $399,685 to $385,842.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Bhhs Fox & Roach-Hockessin
Snapped 39 homes in this area
RE/MAX 1st Choice
Snapped 1 home in this area
Re/Max Associates-Hockessin
Snapped 13 homes in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.