$119K  
This week in the 08020 zip code market, sales fell to four homes sold over the last 30 days, even as it endures an established upward trend in price reductions, with 12 reported in the same time frame. The median sales price dropped to $243,432 over the latest reporting period for the 08020 zip code, down from $256,865. The 08020 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$610K  
Over the last 30 days, the sale of five homes took place in the 08020 zip code market and, even though it's the same amount as last week, the area continues a budding upward trend. Pricing in the 08020 zip code remains consistent from last week to this week, with the median sales price at $256,865 again.
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$225K  
08020 is a zip code in New Jersey with 2,805 residents. Despite only being ranked 486th in terms of population, it ranks first for growth with a 58.3% increase over the last 10 years. Detached homes account for 89% of the area's current housing market. Leading the list of top schools in the zip code are Mansfield Twp Elementary School, N Burl Co Reg Middle School, and N Burl Co Reg High School.
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$479K  
Sales retained their current pace and came in at two homes sold in the 08020 zip code market over the last 30 days. However, a three-week upward trend for contracts was extended, with five pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price dropped to $157,500, down from last week's $223,500. The 08020 zip code is a solid buyer's market, thanks to a big 14 months of inventory to choose from and the flat sales.
Comments:

$610K  
Sales remained at two homes sold over the last 30 days in the 08020 zip code market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to six for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As more new listings came into the market, prices have been increasing. The median sales price hit $223,500, extending a four-week long spike. The 08020 zip code is a solid buyer's market, thanks to a big 13 months of inventory to choose from and the flat sales.
Comments:

$610K  
The 08020 zip code market is currently in the middle of a prolonged upward sales trend, even as sales fell to two homes sold over the last 30 days. The median sales price dropped to $223,500 over the latest reporting period for the 08020 zip code, down from $273,500. The 08020 zip code is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
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$335K  
The 08020 zip code market made strides this week and remained above its average as sales climbed 33.3% to reach four homes sold over the last 30 days. To put it in perspective, the close-by 08080 zip code registered 44 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $273,500, down from last week's $302,000. Even after the uptick in sales, an elevated eight months of inventory tells us that the 08020 zip code is still a definite buyer's market.
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$411K  
The 08020 zip code market looked busy this week as sales climbed 50.0% to hit three homes sold over the last 30 days. To put it in perspective, the close-by 08080 zip code registered 43 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08020 zip code, and the median sales price this period increased from $281,000 to $302,000. The 08020 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$240K  
The population of the 08020 zip code is affluent compared to others in New Jersey with a median income of $83,036 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 124.2. Homes in the 08020 zip code are relatively old with a median age of 31 years. The top schools in the zip code are Mansfield Twp Elementary School, N Burl Co Reg Middle School, and N Burl Co Reg High School.
Comments:

$545K  
Sales remained steady from last week to this week, with two homes sold in the 08020 zip code market over the last 30 days. However, an emerging downturn in the number of pending transactions continued, with three completed in the same period. The median sales price remained unchanged over the latest reporting period for the 08020 zip code, coming in at $281,000. The 08020 zip code is a definite buyer's market with 16 months of inventory to choose from, aided by the downturn in contracts.
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