The 08081 zip code market slowed with a 13.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 56.2 monthly average with 53 homes sold. Meanwhile, the 08021 zip code reported 51 home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 08081 zip code did not budge this week, remaining at $145,000. The 08081 zip code is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
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