$365K  
The Townsend market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at three. Pricing in Townsend remains consistent from last week to this week, with the median sales price at $325,000 again. With no movement in sales and the availability of eight months of inventory, Townsend is a strong buyer's market.
Comments:

$159K  
The Townsend market showed gains in this week's report, as the number of home sales climbed 200.0%, pushing the total to three homes sold over the last 30 days. In comparison, nearby Smyrna had 19 sales in the same time frame, the most of all neighboring cities. The median sales price jumped to $325,000 over the latest reporting period for Townsend, up from $137,500. Townsend is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$159K  
The Townsend market may be experiencing a pronounced pullback, but sales managed an uptick this week to one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Even after the uptick in sales, an elevated 22 months of inventory tells us that Townsend is still a solid buyer's market.
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$159K  
The Townsend market reported another 30-day period of zero home sales this week. Townsend usually averages 2.6 sales per month.
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$324K  
Townsend has a much older population than other areas in Delaware with a median age of 30 years. It is also very affluent with a median income of $67,045 per household. The Townsend market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Heading the list of top schools in the city is Townsend Elementary School.
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$319K  
The Townsend market continues a one-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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$384K  
The Townsend market saw sales remain flat this week with two homes sold over the last 30 days, while new listings climbed to three. The median sales price remained unchanged over the latest reporting period for Townsend, coming in at $347,450. Townsend is a solid buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$152K  
The Townsend market might be slowing down in the coming weeks. Sales fell this week to two homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with two going live in the same time frame. All indications show that the trend should continue, meaning less new listings over the next few weeks. Prices are rising in Townsend, and the median sales price this period increased from $335,000 to $347,450. Along with the slip in sales, a relatively high 12 months of inventory indicates that Townsend is a definite buyer's market.
Comments:

$152K  
The Townsend market saw sales remain consistent with three homes sold over the last 30 days and is also under a confirmed downward trend in the number of contracts closing, with this week's number falling to three. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price of all transactions in Townsend did not budge this week, remaining at $335,000. Townsend is a definite buyer's market with eight months of inventory to choose from, aided by the downturn in contracts.
Comments:

$324K  
The population of Townsend is growing slower than the rest of Delaware, at a 10-year growth rate of 202.9%. It's an average-sized city compared to the rest of the state, with 2,049 residents. With a median age of 11 years, homes in Townsend tend to be relatively new. The best school in the city is Townsend Elementary School.
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