The 06117 zip code remained below its 12-month average sales volume this week as sales fell 6.2% to hit 15 homes sold over the last 30 days. On the other hand, the close-by 06001 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 06117 zip code, and this period the median price of all sales fell from $269,250 to $260,000. The 06117 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
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