The 08062 zip code market seems to be weakening. The number of contracts executed fell to 11, the lowest levels in three months. Sales are also heading downward, sliding to 13 homes sold over the last 30 days. When comparing other close-by zip codes within the same period, the most came from the 08080 zip code with 38 contracts executed. Prices are rising in the 08062 zip code, and the median sales price this period increased from $331,000 to $339,000. The 08062 zip code is a strong buyer's market with 10 months of inventory to choose from, aided by the downturn in contracts.
You never know when the perfect home may come in the market so take a look at the new listings in the 08062 zip code:
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