$195K  
Home sales in the 08004 zip code market remained soft in this week's report as they slid 50.0% to five homes sold over the last 30 days. Within the same time frame, the 08081 zip code had 55 sales, the most of all zip codes in the area. Months of inventory continued a steady rise, trending upwards for four weeks to reach 18 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 08004 zip code is a definite buyer's market.
Comments:

$146K  
With 12,541 residents, 08004 is an average-sized zip code in New Jersey. Also, with a 4.3% increase over the last 10 years, its population is growing slower than other parts of the state. The 08004 zip code is made up of homes that are considered relatively old with a median of 30 years.
Comments:

$144K  
The number of home sales in the 08004 zip code market rose 11.1% to 10 homes over the last 30 days, coming close to the 13.2 monthly average for the last 12 months. To put it in perspective, the close-by 08081 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. A months of inventory number of nine reported this week continued a four-week upward trend. The 08004 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$395K  
Home sales in the 08004 zip code market stayed sluggish in this week's report as they slid 30.8% to nine homes sold over the last 30 days. Within the same time frame, the 08081 zip code had 52 sales, the most of all zip codes in the area. Prices are rising in the 08004 zip code, and the median sales price this period increased from $177,000 to $183,500. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 08004 zip code is a solid buyer's market.
Comments:

$449K  
The 08004 zip code market slowed with a 14.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 13.2 monthly average with 12 homes sold. On the other hand, the close-by 08081 zip code registered 56 homes sold in the same period, the most of all surrounding zip codes. Prices were able to climb as this week's reported median sales price of $177,500 continued a four-week upswing. The 08004 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$132K  
Over the last 30 days, the 08004 zip code market got positive news with 14 homes sold. It marks a 7.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 08081 zip code had 53 sales, the most of all zip codes in the area. Prices are falling in the 08004 zip code, and this period the median price of all sales fell from $152,500 to $151,850. The 08004 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$146K  
The 08004 zip code has a population that is older than most in New Jersey with a median age of 40 years. Also, it's somewhat affluent with a median income of $68,596 per household. Keep in mind, the vast majority of people in the 08004 zip code own their homes, with an 85.6% ownership ratio.
Comments:

$124K  
With 12 homes sold in the 08004 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 20 new listings for buyers to choose from. The median sales price of all transactions in the 08004 zip code did not budge this week, remaining at $153,100. The 08004 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$195K  
The 08004 zip code market pulled back with a 14.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 12.9 monthly average with 12 homes sold. In comparison, the nearby 08081 zip code had 75 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 08004 zip code, and the median sales price this period increased from $151,750 to $153,100. The 08004 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$395K  
With 14 homes sold in the 08004 zip code market over the last 30 days, we see no change from last week's numbers. However, 23 new listings came into the market. The median sales price climbed to $151,750 over the latest reporting period for the 08004 zip code, up from $150,250. With no movement in sales and the availability of seven months of inventory, the 08004 zip code is a solid buyer's market.
Comments:
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