$119K  
In this week's report, the number of homes sold in the 08033 zip code market dropped to 16 over the past 30 days. It marked a decrease of 33.3% from last week's report and a fall below the monthly average. Meanwhile, the 08003 zip code reported 30 home sales, the highest number from all the surrounding zip codes. Prices found a bottom with the median sales price falling to $330,000, a nine-month low.
Comments:

$1.2M  
With a prolonged downward trend of new sellers listing homes, including seven over the last 30 days, and sales that fell to 24 in that same time frame, the 08033 zip code market will be slowing down. The median sales price in the 08033 zip code rose to $365,000 while months of inventory spiked to four.
Comments:

$1.2M  
The 08033 zip code has a cost of living adjustment score of 146.3, which is expensive when compared to others in New Jersey. Also, the area is considered affluent with a median income of $88,060 per household. The 08033 zip code is made up of homes that are considered older than most with a median of 62 years. Leading the list of best schools in the zip code are Early Childhood Center and West New York Middle School.
Comments:

$1.2M  
The 08033 zip code market was active this week as sales climbed 3.6% to hit 29 homes sold over the last 30 days. In comparison, the nearby 08043 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $355,000, down from last week's $372,000. With just three months of inventory available and sales going up, the 08033 zip code is a seller's market.
Comments:

$1.2M  
The 08033 zip code market looked solid this week as sales jumped 33.3% to reach 28 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 08043 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $372,000 this week.
Comments:

$119K  
Sales inched up to 21 homes sold over the last 30 days in the 08033 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to nine for the same period. As new listings trended lower, the median sales price continued to fall for the homes that have sold, trending downwards for four weeks to reach $369,000.
Comments:

$498K  
Sales in the 08033 zip code market ticked up to 16 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 20 price reductions in the same time frame. A months of inventory number of seven reported this week continued a four-week upward trend, to go along with the weak number of price reductions in the area. The 08033 zip code is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$1.2M  
There were 14 homes sold in the 08033 zip code market over the last 30 days, continuing a three-week negative trend. During the same period, the number of price reductions fell to their lowest level since March at 23. When comparing other close-by zip codes within the same period, the most came from the 08043 zip code with 70 price reductions. The median sales price in the 08033 zip code stayed put this week at $339,950. Despite the decrease in price reductions, there are still eight months of inventory left, meaning that the 08033 zip code is still a definite buyer's market.
Comments:

$1.2M  
Over the last 30 days, an emerging downward trend of new sellers coming into the 08033 zip code market continued, with 25 listings in this week's report. Meanwhile, sales fell, with 17 homes selling during the same period. The median sales price dropped to $349,900 over the latest reporting period for the 08033 zip code, down from $357,450. The 08033 zip code is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$1.2M  
08033 is a larger than average zip code in New Jersey with 16,318 residents. Also, it has seen a 0.0% increase in population over the last 10 years. The 08033 zip code market almost exclusively consists of detached houses, accounting for 92% of the current homes in the area. The top schools in the zip code are Early Childhood Center and West New York Middle School.
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