$129K  
This week in the 08034 zip code market, sales fell to 24 homes sold over the last 30 days, coinciding with an extended downward trend in price reductions, with 11 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. Prices are rising in the 08034 zip code, and the median sales price this period increased from $200,000 to $210,000. There are only three months of inventory available in the 08034 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$205K  
08034 is a affluent zip code in New Jersey with a median income of $80,157 per household. The population is also considered much younger than most with a median age of 43 years. The 08034 zip code is an area where most people own their homes, with an ownership ratio of 78.2%. The best schools in the zip code are Barclay School, Schuyler-Colfax Middle School, and Wayne Hills High School.
Comments:

$299K  
Sales fell to 27 homes sold over the last 30 days in the 08034 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 10 for the same period. The median sales price dropped to $200,000, down from last week's $226,000. In spite of the decrease in sales, a low two months of inventory signals that the 08034 zip code is a strong seller's market.
Comments:

$137K  
A dip in the number of pending transactions in the 08034 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. While 22 homes went under contract, there were 33 completed sales. During the same time frame, 08053 had the most of any other neighboring zip codes with 48 contracts executed. Potential buyers should note that prices went up in the 08034 zip code, with the median for this period rising from $225,000 to $226,000. With only two months of inventory and rising sales, the 08034 zip code is a definite seller's market.
Comments:

$269K  
This week in the 08034 zip code market, sales inched up to 28 homes sold over the last 30 days, even with an established downward trend in price reductions, with 17 in the same time frame. Potential buyers should note that prices are coming down in the 08034 zip code, and for this period the median sales price slid from $226,000 to $223,750. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 08034 zip code is a definite seller's market.
Comments:

$3.5M  
The 08034 zip code market might be slowing in the coming weeks. Sales stayed steady at 27 homes sold over the last 30 days, but there is a confirmed downward trend in the number of new listings, with 18 going live in the same time frame. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $226,000 continued a four-week upswing. There are only three months of inventory available in the 08034 zip code, so it's a seller's market, even if sales are flat.
Comments:

$149K  
The 08034 zip code market got good news this week as sales rocketed 52.9% to reach 26 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, the 08054 zip code had 48 sales, the most of all zip codes in the area. The median sales price dropped to $225,500 over the latest reporting period for the 08034 zip code, down from $242,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 08034 zip code is a seller's market.
Comments:

$205K  
The population of the 08034 zip code is growing slower than the rest of New Jersey, at a 10-year growth rate of -2.6%. It's a larger than average zip code compared to the rest of the state, with 18,306 residents. The 08034 zip code is made up of homes that are older than most with a median of 45 years. Leading the list of best schools in the zip code are Barclay School, Schuyler-Colfax Middle School, and Wayne Hills High School.
Comments:

$3M  
There have been 17 homes sold in the 08034 zip code market over the last 30 days. During the same period, the number of new listings totaled 21, the fewest since August. When comparing other close-by zip codes within the same period, the most came from the 08054 zip code with 61 new listings. The median sales price rose to $242,500, up from last week's $223,250.
Comments:

$149K  
The number of home sales in the 08034 zip code market climbed 8.0% to 27 homes over the last 30 days. In comparison, the nearby 08054 zip code had 58 sales in the same time frame, the most of all neighboring zip codes. A months of inventory number of three reported this week continued a four-week downward trend. With inventory so low and sales rising, the 08034 zip code is a seller's market.
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