In this week's report, the number of homes sold in the 06716 zip code market fell to nine over the past 30 days, a decrease of 18.2% from last week's report. Meanwhile, the 06705 zip code reported 20 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 06716 zip code, and the median sales price this period increased from $196,500 to $228,500. The 06716 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
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