$167K  
The Elsmere market showed strong improvement in this week's report, as the number of home sales jumped 40.0%, pushing the total to seven homes sold over the last 30 days. Within the same time frame, Wilmington had 90 sales, the most of all cities in the area. The median sales price in Elsmere rose to $156,000 while months of inventory plummeted to four.
Comments:

$185K  
In this week's report, the number of homes sold in the Elsmere market slid to five over the past 30 days, a decrease of 28.6% from last week's report. Within the same time frame, Wilmington had 92 sales, the most of all cities in the area. The median sales price rose dramatically to $152,400 over the latest reporting period for Elsmere, up from $110,000.
Comments:

$245K  
Over the last 30 days, the sale of six homes took place in the Elsmere market. This shows a 14.3% drop from the prior period but the area remains on a determined upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, the median sales price fell in response, trending downwards for four weeks to reach $117,950.
Comments:

$219K  
The Elsmere market saw sales remain flat this week with seven homes sold over the last 30 days but new listings fell to 12. Pricing in Elsmere remains consistent from last week to this week, with the median sales price at $110,000 again.
Comments:

$245K  
The Elsmere market showed continued strength over the last 30 days, extending a four-week growth trend. Sales jumped 40.0% to seven homes, the most in three months. During the same time frame, Wilmington had the most sales of any other neighboring municipalities with 90. Potential buyers should note that prices are coming down in Elsmere, and for this period the median sales price slid from $125,900 to $110,000.
Comments:

$229K  
The Elsmere market has established a recent upward trend, even as sales fell 33.3% this week to four homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices went up in Elsmere, with the median for this period rising from $97,950 to $112,900. Along with the slip in sales, a relatively high 10 months of inventory indicates that Elsmere is a solid buyer's market.
Comments:

$198K  
Elsmere is a less affluent than average city in Delaware with a median income of $46,009 per household. The population is also considered much older than most with a median age of 34 years. With an ownership ratio of 59.0%, most people in Elsmere are homeowners. Heading the list of top schools in the city is Ferris School for Boys.
Comments:

$170K  
Over the last 30 days, the Elsmere market was active with six homes sold. It marks a 20.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. At the same time, close-by Wilmington reported 85 home sales, the highest number from all the surrounding cities. The median sales price dropped to $97,950, down from last week's $99,900.
Comments:

$198K  
The Elsmere market showed signs of life this week as sales climbed 25.0% to hit five homes sold over the last 30 days. At the same time, close-by Wilmington reported 69 home sales, the highest number from all the surrounding cities. The median sales price dropped to $99,900, down from last week's $125,500. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Elsmere is still a definite buyer's market.
Comments:

$170K  
The Elsmere market remained cool this week as sales fell 20.0% to land at four homes sold over the last 30 days. In comparison, nearby Wilmington had 66 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $125,500 over the latest reporting period for Elsmere, down from $155,000. With decreasing sales and the availability of eight months of inventory, Elsmere is a definite buyer's market.
Comments:
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Bhhs Fox & Roach-Hockessin
Snapped 7 homes in this area
Patterson-Schwartz & Assoc. Inc.
Snapped 1 home in this area

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