19720 is the most populous zip code in Delaware with 61,956 residents. It also has a higher than average density compared to the rest of the state, with 1,506.0 people per square mile. Keep in mind, most people in the 19720 zip code own their homes, with a 64.9% ownership ratio. The top school in the zip code is Multiple Alternative Program.
Comments:

$550K  
The number of sellers reducing prices in the 19720 zip code market trended up to 65 over the last 30 days, extending a three-week streak. During the same period, 60 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price climbed to $159,900 over the latest reporting period for the 19720 zip code, up from $157,800. Despite the slip in sales, a relatively low three months of inventory indicates that the 19720 zip code is a seller's market.
Comments:

$549K  
The 19720 zip code market pulled back this week but was still better than normal as sales dropped 13.0% to 67 homes sold over the last 30 days. On the other hand, the close-by 19711 zip code registered 59 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $158,600, down from last week's $159,000. In spite of the decrease in sales, a low three months of inventory signals that the 19720 zip code is a seller's market.
Comments:

$229K  
The 19720 zip code market saw 76 homes go under contract and failed to break out of a confirmed downward trend. Despite that, total home sales inched up to 69 over the last 30 days. The median sales price dropped to $159,900 over the latest reporting period for the 19720 zip code, down from $169,000. The rising sales and a low three months of inventory point to the 19720 zip code being a seller's market.
Comments:

$600K  
While home sales in the 19720 zip code market have been above average, in this week's report they slid 3.0% to 64 homes sold over the last 30 days. On the other hand, the close-by 19808 zip code registered 57 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $166,950 over the latest reporting period for the 19720 zip code, down from $172,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 19720 zip code is a seller's market.
Comments:

19720 is a zip code in Delaware. It's somewhat affluent and the cost of living is less expensive compared to the rest of the state, with a median income of $54,037 per household and cost of living adjustment score of 105.7. The 19720 zip code is made up of homes that are older than most with a median of 40 years. The top school in the zip code is Multiple Alternative Program.
Comments:

$600K  
The 19720 zip code market looked healthy this week as sales climbed 8.3% to hit 65 homes sold over the last 30 days. In comparison, the nearby 19808 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 19720 zip code, and this period the median price of all sales fell from $169,950 to $169,000. The rising sales and a low three months of inventory point to the 19720 zip code being a seller's market.
Comments:

$280K  
The number of home sales in the 19720 zip code market spiked 25.5% to 59 homes over the last 30 days, exceeding the 52.0 monthly average for the last 12 months. In comparison, the nearby 19808 zip code had 47 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $164,900 this week.
Comments:

$499K  
In this week's report, the number of homes sold in the 19720 zip code market dropped to 46 over the past 30 days. It marked a decrease of 14.8% from last week's report and a fall below the monthly average. In comparison, the nearby 19702 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 19720 zip code, and this period the median price of all sales fell from $144,000 to $141,450.
Comments:

$325K  
Home sales in the 19720 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 3.8% to 51 homes sold over the last 30 days. On the other hand, the close-by 19702 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. Months of inventory were further reduced to four, extending a downward trend to four weeks.
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