Home Sales On the Rise in 11939 Zip Code Real Estate Market

The 11939 zip code market showed gains this week as sales rose 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 11971 zip code registered 16 homes sold in the same period, the most of all surrounding zip codes. The median sales price jumped to $1,362,500, up from last week's $855,000. The 11939 zip code is still a solid buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.

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Demographic facts for the 11939 zip code:

  • There are 57.0% vacant homes.
  • The area gets an average of 208 sunny days each year. (U.S. average: 205)
  • The student-to-librarian ratio is 511:1. (803:1 = national average)

Data reported through 10/13/2016

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