$124K  
Home sales in the 08061 zip code market stayed sluggish in this week's report as they fell 50.0% to two homes sold over the last 30 days. Meanwhile, the 08096 zip code reported 32 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $177,250 over the latest reporting period for the 08061 zip code, down from $238,250. With decreasing sales and the availability of 14 months of inventory, the 08061 zip code is a strong buyer's market.
Comments:

$389K  
More sellers put their homes up for sale in the 08061 zip code market over the last 30 days and the number of new listings rose this week to five. Home sales remained unchanged from the prior period and once again four homes were sold. Pricing in the 08061 zip code remains consistent from last week to this week, with the median sales price at $238,250 again. Along with flat sales, a relatively high seven months of inventory indicates that the 08061 zip code is a strong buyer's market.
Comments:

$299K  
The population of the 08061 zip code is affluent compared to others in New Jersey with a median income of $81,939 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 119.1. The 08061 zip code is made up of homes that are considered relatively new with a median of 13 years. The top school in the zip code is Red Bank Elementary School.
Comments:

$370K  
With a new downward trend of new sellers listing homes, including four over the last 30 days, and sales that remained flat at four in that same time frame, the 08061 zip code market will be cooling. A months of inventory number of seven reported this week continued a four-week downward trend, likely due to the weak number of new listings in the area. Along with the slip in sales, the higher-than-normal inventory indicates that the 08061 zip code is a definite buyer's market.
Comments:

$425K  
Despite a 50.0% reduction in sales over the last 30 days, the 08061 zip code market extended a three-week hot streak with a total of four homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $271,000 over the latest reporting period for the 08061 zip code, down from $298,750. The 08061 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:

$389K  
The 08061 zip code market looked healthy this week as sales shot up 60.0% to hit eight homes sold over the last 30 days. To put it in perspective, the close-by 08096 zip code registered 42 homes sold in the same period, the most of all surrounding zip codes. The median sales price in the 08061 zip code rose to $298,750 while months of inventory plummeted to four.
Comments:

$150K  
Over the past 30 days, there have been fewer price cuts in the 08061 zip code market, continuing a three-week declining trend to land at six. However, home sales remained flat with five over the same period. The median sales price of all transactions in the 08061 zip code did not budge this week, remaining at $295,000.
Comments:

$299K  
08061 is a small zip code in New Jersey with 2,232 residents. Also, it has an average density with 1,587.9 people per square mile. It should be noted that at 86.6%, the vast majority of people own their homes in the 08061 zip code. The top school in the zip code is Red Bank Elementary School.
Comments:

$285K  
The number of home sales in the 08061 zip code market jumped 25.0% to five homes over the last 30 days. Within the same time frame, the 08096 zip code had 35 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08061 zip code, and for this period the median sales price slid from $298,750 to $295,000.
Comments:

$285K  
Over the last 30 days, the 08061 zip code market was active with three homes sold, closing in on the average sales volume for the prior 12 months. Within the same time frame, the 08096 zip code had 34 sales, the most of all zip codes in the area. Prices are rising in the 08061 zip code, and the median sales price this period increased from $222,000 to $295,000. The 08061 zip code is still a definite buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
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