$499K  
Over the last 30 days, the 08051 zip code market showed healthy signs with 10 homes sold. It marks a 25.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 08096 zip code had 44 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08051 zip code, and for this period the median sales price slid from $148,750 to $146,500. The 08051 zip code is still a strong buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
Comments:

$309K  
The 08051 zip code market pulled back with a 38.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 12.8 monthly average with eight homes sold. In comparison, the nearby 08096 zip code had 43 sales in the same time frame, the most of all neighboring zip codes. Months of inventory continued a steady rise, trending upwards for four weeks to reach 11 months. The 08051 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$135K  
Over the last 30 days, the 08051 zip code market was active with 12 homes sold. It marks a 20.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, the nearby 08096 zip code had 38 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 08051 zip code stayed put this week at $138,500. Even after the uptick in sales, an elevated eight months of inventory tells us that the 08051 zip code is still a definite buyer's market.
Comments:

$105K  
The 08051 zip code market showed continued softness over the last 30 days, extending a three-week trend. Sales shrank 9.1% to 10 homes, the lowest amount in three months. During the same time frame, 08096 had the most of any other neighboring zip codes with 42 sales. Naturally, as sales reached a bottom, the amount of available homes increased, reaching a volume of nine months of inventory, its highest point since September. The 08051 zip code is still a definite buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$379K  
08051 is an average-sized zip code in New Jersey with 10,899 residents. It's also the fastest growing, at a 10-year growth rate of 8.7%. The 08051 zip code market is equally made up of half detached homes and half condos/townhouses,. Heading the list of top schools in the zip code is Frances Demasi Elementary School.
Comments:

$379K  
The 08051 zip code market saw 12 homes go under contract and failed to break out of a new downward trend. Along with that, total home sales fell to 11 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in the 08051 zip code, with the median for this period rising from $120,000 to $138,000. A downturn in contracts, coupled with the availability of nine months of inventory, prove that the 08051 zip code is a solid buyer's market.
Comments:

$105K  
Over the last 30 days, the 08051 zip code market got good news with 15 homes sold. It marks a 36.4% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 08096 zip code had 35 sales, the most of all zip codes in the area. The median sales price rose to $120,000, up from last week's $100,000.
Comments:

$110K  
Sales fell to 11 homes sold over the last 30 days in the 08051 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 17 for the same period. As new listings trended lower, prices have also been falling. The median sales price dropped to $100,000, extending a four-week long spiral. With prices falling, the availability of nine months of inventory means that the 08051 zip code is a strong buyer's market.
Comments:

$379K  
In this week's report, the number of homes sold in the 08051 zip code market dropped to 15 over the past 30 days, a decrease of 6.2% from last week's report, but still above the monthly average. Within the same time frame, the 08080 zip code had 33 sales, the most of all zip codes in the area. Prices are rising in the 08051 zip code, and the median sales price this period increased from $106,000 to $122,500.
Comments:

$192K  
The number of home sales in the 08051 zip code market climbed 14.3% to 16 homes over the last 30 days. Within the same time frame, the 08080 zip code had 34 sales, the most of all zip codes in the area. Prices are falling in the 08051 zip code, and this period the median price of all sales fell from $117,250 to $106,000.
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