In this week's report, the number of homes sold in the 06248 zip code market fell to two over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, the 06033 zip code reported 62 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $259,000 continued a four-week downward trend. With prices falling, the availability of 24 months of inventory means that the 06248 zip code is a definite buyer's market.
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