$285K  
Fewer sellers put their homes up for sale in the 08016 zip code market over the last 30 days and the number of new listings fell this week to 39. Home sales remained unchanged from the prior period and once again 27 homes were sold. Prices are falling in the 08016 zip code, and this period the median price of all sales fell from $182,500 to $179,900. The 08016 zip code is a solid buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

$306K  
08016 is a zip code that is growing slower than others in New Jersey at a 10-year growth rate of 7.9%. It also has a larger than average population of 32,986 people. The 08016 zip code is made up of homes that are relatively old with a median of 39 years. Topping the list of best schools in the zip code is Beverly School.
Comments:

$162K  
Over the past 30 days, there have been fewer price cuts in the 08016 zip code market, continuing a six-week declining trend to land at 53. However, home sales remained flat with 26 over the same period. Potential buyers should note that prices went up in the 08016 zip code, with the median for this period rising from $159,500 to $171,250. The 08016 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$150K  
The 08016 zip code market remained cold with 23 homes sold in the last 30 days, an 11.5% sales drop. In comparison, the nearby 19067 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. A months of inventory number of nine reported this week continued an eight-week upward trend. With decreasing sales and the availability of so much inventory, the 08016 zip code is a definite buyer's market.
Comments:

$306K  
In this week's report, the number of homes sold in the 08016 zip code market slid to 26 over the past 30 days. It marked a decrease of 3.7% from last week's report and another period below the monthly average. Meanwhile, the 19067 zip code reported 60 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 08016 zip code, and for this period the median sales price slid from $215,000 to $182,750. Along with the slip in sales, a relatively high eight months of inventory indicates that the 08016 zip code is a strong buyer's market.
Comments:

$229K  
This week in the 08016 zip code market, sales fell to 27 homes sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with 48 in the same time frame. Prices are falling in the 08016 zip code, and this period the median price of all sales fell from $227,975 to $215,000. With decreasing sales and the availability of eight months of inventory, the 08016 zip code is a definite buyer's market.
Comments:

$306K  
08016 is a zip code in New Jersey, and is somewhat affluent with a median income of $67,689 per household. It's older than the rest of the state, with a median age of 40. Keep in mind, most people in the 08016 zip code own their homes, with a 69.9% ownership ratio. Topping the list of best schools in the zip code is Beverly School.
Comments:

$150K  
There were 32 home sales in the 08016 zip code market over the last 30 days, while coming close to the 33.1 monthly average for the last 12 months. To put it in perspective, the close-by 19067 zip code registered 64 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08016 zip code, and the median sales price this period increased from $225,950 to $227,975. The 08016 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$150K  
A four-week negative trend in the number of homes sold was extended this week after the 08016 zip code market had 29 transactions over the last 30 days. With 52 price reductions, the lowest amount since September, the market may be looking for a higher price point. In comparison, 19067 led all other nearby zip codes with 82 price reductions. The median sales price rose to $230,000, up from last week's $210,000. Even after the uptick in sales, an elevated seven months of inventory tells us that the 08016 zip code is still a definite buyer's market.
Comments:

$150K  
The 08016 zip code market remained sluggish with 24 homes sold in the last 30 days, a 20.0% sales drop. In comparison, the nearby 19067 zip code had 50 sales in the same time frame, the most of all neighboring zip codes. The median sales price jumped to $212,500 over the latest reporting period for the 08016 zip code, up from $169,000. Along with the slip in sales, a relatively high nine months of inventory indicates that the 08016 zip code is a strong buyer's market.
Comments:
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