$225K  
Over the last 30 days, a recent downward trend of new sellers coming into the 08029 zip code market continued, with seven listings in this week's report. Meanwhile, sales remained flat, with four homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for the 08029 zip code, coming in at $66,501. The 08029 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$225K  
08029 is a smaller-than-average zip code in New Jersey with 4,781 residents. Its population is growing about even with the rest of the state, at a 10-year growth rate of -2.4%. The 08029 zip code market is almost exclusively made up of detached houses, which currently account for 94% of the homes for sale in the area. The top school in the zip code is Osage.
Comments:

$124K  
This week in the 08029 zip code market, sales fell to four homes sold over the last 30 days, coinciding with a prolonged downward trend in price reductions, with four in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price rose to $66,501 over the latest reporting period for the 08029 zip code, up from $65,000. The 08029 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$120K  
The 08029 zip code market pulled back with a 28.6% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 6.8 monthly average with five homes sold. Meanwhile, the 08043 zip code reported 45 home sales, the highest number from all the surrounding zip codes. The median sales price dropped dramatically to $65,000 over the latest reporting period for the 08029 zip code, down from $144,500. With decreasing sales and the availability of eight months of inventory, the 08029 zip code is a solid buyer's market.
Comments:

$120K  
There have been six homes sold in the 08029 zip code market over the last 30 days, continuing a six-week downward trend. Also during the same period, the number of new listings totaled four, the fewest since last December. In comparison, the 08021 zip code had 57 new listings in the same time frame, the most of all nearby zip codes. The median sales price rose to $145,750 over the latest reporting period for the 08029 zip code, up from $144,500.
Comments:

$136K  
Over the past 30 days, there have been fewer price cuts in the 08029 zip code market, continuing a six-week declining trend to land at five. Home sales were also down to five over the same period. All indications show that the trend should continue, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 08029 zip code, and for this period the median sales price slid from $152,200 to $144,500. The 08029 zip code is a solid buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$194K  
The 08029 zip code market showed strong improvement in this week's report, as the number of home sales rose 50.0%, pushing the total to six homes sold over the last 30 days. In comparison, the nearby 08021 zip code had 42 sales in the same time frame, the most of all neighboring zip codes. Months of inventory hit six this period, extending an upward trend to four weeks.
Comments:

$149K  
The 08029 zip code has a population that is younger than most in New Jersey with a median age of 42 years. Also, it's much less affluent than average with a median income of $53,005 per household. The 08029 zip code is an area where most people own their homes, with an ownership ratio of 75.0%. The best school in the zip code is Osage.
Comments:

$285K  
The 08029 zip code market remained soft this week as sales slid 20.0% to land at four homes sold over the last 30 days. Meanwhile, the 08021 zip code reported 44 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $168,450 over the latest reporting period for the 08029 zip code, up from $157,000. Along with the slip in sales, a relatively high nine months of inventory indicates that the 08029 zip code is a solid buyer's market.
Comments:

$625K  
Over the past 30 days, there have been fewer price cuts in the 08029 zip code market, continuing a three-week declining trend to land at 12. Home sales were also down to four over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. While price reduction numbers were weak, the median sales price of homes sold came in at $172,500, which extended a price upswing to four weeks. The 08029 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:
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