$103K  
The 08055 zip code market remained cool this week as sales dropped 16.7% to land at 20 homes sold over the last 30 days. Meanwhile, the 08054 zip code reported 44 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $335,000 continued a four-week downward trend. Along with the falling prices, the relatively large seven months of inventory means that the 08055 zip code is a definite buyer's market.
Comments:

$279K  
08055 is a larger than average zip code in New Jersey with 27,545 residents. Its population is also growing slower than others at a 10-year growth rate of 3.5%. The 08055 zip code is an area where the vast majority of people own their homes, with an ownership ratio of 83.6%. The top school in the zip code is South Valley.
Comments:

$279K  
Over the last 30 days, a budding downward trend of new sellers coming into the 08055 zip code market continued, with 20 listings in this week's report. Meanwhile, sales fell, with 22 homes selling during the same period. Potential buyers should note that prices went up in the 08055 zip code, with the median for this period rising from $270,000 to $302,500. With decreasing sales and the availability of seven months of inventory, the 08055 zip code is a definite buyer's market.
Comments:

$435K  
Sales fell to 22 homes sold in the 08055 zip code market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with 24 completed in the same period. Prices are falling in the 08055 zip code, and this period the median price of all sales fell from $312,553 to $268,750.
Comments:

$103K  
The 08055 zip code market reached a low in the last 30 days, continuing a four-week trend. Sales fell 13.3% to 26 homes, the lowest amount since March. In comparison, 08054 led all other nearby zip codes with 52 sales. However, a six-week downward trend in price reductions is expected to come to an end over the coming weeks. As anticipated when sales found a new bottom, the amount of available homes increased to six months worth, a nine-month high.
Comments:

$350K  
Sales rose to 30 homes sold over the last 30 days in the 08055 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 28 for the same period. Potential buyers should note that prices are coming down in the 08055 zip code, and for this period the median sales price slid from $320,000 to $318,287.
Comments:

$989K  
In this week's report, the number of homes sold in the 08055 zip code market fell to 29 over the past 30 days. It marked a decrease of 14.7% from last week's report and another period below the monthly average. On the other hand, the close-by 08054 zip code registered 49 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 08055 zip code, and this period the median price of all sales fell from $322,500 to $320,000.
Comments:

$279K  
08055 is a zip code in New Jersey. It's very affluent and the cost of living is average compared to the rest of the state, with a median income of $99,238 per household and cost of living adjustment score of 139.5. With a median age of 33 years, homes in the 08055 zip code tend to be relatively old. The top school in the zip code is South Valley.
Comments:

$3M  
Sales in the 08055 zip code market fell to 33 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 33 price reductions in the same time frame. As might be expected, as the number of sellers reducing price trended lower, the median sales price continued to rise, trending upwards for four weeks to reach $320,000.
Comments:

$3M  
There were 33 homes sold in the 08055 zip code market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since March at 39. In comparison, 08043 led all other nearby zip codes with 70 price reductions. Furthermore, a three-week upward trend in pending transactions is expected to come to an end over the coming weeks. Prices are falling in the 08055 zip code, and this period the median price of all sales fell from $370,000 to $330,000.
Comments:
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