$450K  
The number of homes coming into the 08062 zip code market fell to 24 listings over the last 30 days, while sales remained right where they were as once again 13 homes were sold over the same period. Pricing in the 08062 zip code remains consistent from last week to this week, with the median sales price at $325,000 again. Along with flat sales, a relatively high eight months of inventory indicates that the 08062 zip code is a solid buyer's market.
Comments:

$450K  
In this week's report, the number of homes sold in the 08062 zip code market slid to 13 over the past 30 days. It marked a decrease of 7.1% from last week's report and another period below the monthly average. Meanwhile, the 08094 zip code reported 41 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $325,000 over the latest reporting period for the 08062 zip code, up from $287,450. The 08062 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$102K  
Over the last 30 days, the 08062 zip code market showed gains with 14 homes sold. It marks a 16.7% 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 08094 zip code had 41 sales, the most of all zip codes in the area. Prices fell lower as this week's reported median sales price of $287,450 continued an eight-week downward trend. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 08062 zip code is still a solid buyer's market.
Comments:

$625K  
The 08062 zip code market closed in on its 12-month sales average this week as sales climbed 33.3% to reach 12 homes sold over the last 30 days. At the same time, the 08094 zip code reported 45 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $287,450, down from last week's $324,900. The 08062 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:

$200K  
The 08062 zip code has a population that is older than most in New Jersey with a median age of 39 years. Also, it's affluent with a median income of $91,441 per household. The 08062 zip code is an area where the vast majority of people own their homes, with an ownership ratio of 87.5%.
Comments:

$135K  
Over the last 30 days, the 08062 zip code market had a decrease in home sales with nine. Furthermore, the amount of pending transactions continued to decline, with a total of 14 contracts during the same period. The median sales price climbed to $324,900 over the latest reporting period for the 08062 zip code, up from $323,000. A downturn in contracts, coupled with the availability of 13 months of inventory, prove that the 08062 zip code is a solid buyer's market.
Comments:

$625K  
The 08062 zip code market stayed soft this week as sales fell 10.0% to land at nine homes sold over the last 30 days. Within the same time frame, the 08094 zip code had 48 sales, the most of all zip codes in the area. The median sales price dropped to $323,000, down from last week's $331,000. The 08062 zip code is a definite buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
Comments:

$109K  
The 08062 zip code market remained cool with nine homes sold in the last 30 days, a 30.8% sales drop. Within the same time frame, the 08094 zip code had 47 sales, the most of all zip codes in the area. The median sales price of homes sold came in at $323,000, which extended a downward swing in price to four weeks. With prices falling, the availability of 13 months of inventory means that the 08062 zip code is a solid buyer's market.
Comments:

$434K  
The 08062 zip code market seems to be weakening. The number of contracts executed fell to 11, the lowest levels in three months. Sales are also heading downward, sliding to 13 homes sold over the last 30 days. When comparing other close-by zip codes within the same period, the most came from the 08080 zip code with 38 contracts executed. Prices are rising in the 08062 zip code, and the median sales price this period increased from $331,000 to $339,000. The 08062 zip code is a strong buyer's market with 10 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$200K  
08062 is a larger than average zip code in New Jersey with 16,807 residents. Its population is also growing faster than others at a 10-year growth rate of 41.3%. The 08062 zip code market almost exclusively consists of detached houses, accounting for 95% of the current homes in the area.
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