Sales remained steady from last week to this week, with two homes sold in the 08020 zip code market over the last 30 days. However, an emerging downturn in the number of pending transactions continued, with three completed in the same period. The median sales price remained unchanged over the latest reporting period for the 08020 zip code, coming in at $281,000. The 08020 zip code is a definite buyer's market with 16 months of inventory to choose from, aided by the downturn in contracts.
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