$192K  
October was the last time there were so many price reductions in the 08070 zip code market, with 49 reported over the last 30 days. The market also had 10 homes change hands. In comparison, the 19805 zip code had 63 price reductions in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices are coming down in the 08070 zip code, and for this period the median sales price slid from $129,900 to $110,900. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 08070 zip code is a solid buyer's market.
Comments:

$374K  
08070 is a zip code that is growing faster than others in New Jersey at a 10-year growth rate of 1.9%. It also has an average-sized population of 13,391 people. The 08070 zip code is made up of homes that are considered older than most with a median of 47 years. The best school in the zip code is Kisthardt.
Comments:

$145K  
The 08070 zip code market pulled back with an 8.3% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 13.9 monthly average with 11 homes sold. On the other hand, the close-by 19709 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $131,000, up from last week's $130,450. With decreasing sales and the availability of 14 months of inventory, the 08070 zip code is a definite buyer's market.
Comments:

$374K  
The 08070 zip code market slowed with a 21.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 13.8 monthly average with 11 homes sold. Meanwhile, the 19709 zip code reported 59 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $129,900, up from last week's $123,250. Along with the slip in sales, a relatively high 14 months of inventory indicates that the 08070 zip code is a definite buyer's market.
Comments:

$895K  
There were 13 home sales in the 08070 zip code market over the last 30 days, while coming close to the 13.6 monthly average for the last 12 months. Within the same time frame, the 19709 zip code had 53 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08070 zip code, and for this period the median sales price slid from $123,250 to $120,000. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 08070 zip code is still a solid buyer's market.
Comments:

$123K  
Over the last 30 days, the 08070 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. To put it in perspective, the close-by 19709 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08070 zip code, and the median sales price this period increased from $108,500 to $123,250. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning the 08070 zip code is still a definite buyer's market.
Comments:

$374K  
The 08070 zip code has a population that is younger than most in New Jersey with a median age of 42 years. Also, it's less affluent than average with a median income of $59,330 per household. With an ownership ratio of 68.9%, most people in the 08070 zip code are homeowners. Heading the list of top schools in the zip code is Kisthardt.
Comments:

$101K  
On top of an 18.2% decline in sales numbers this week to reach nine homes sold over the last 30 days, the 08070 zip code market still shows an extended trend downward overall. While sales were soft, months of inventory hit 17, extending an upward trend to eight weeks. The 08070 zip code is still a solid buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$374K  
More sellers put their homes up for sale in the 08070 zip code market over the last 30 days and the number of new listings rose this week to 23. Home sales remained unchanged from the prior period and once again 11 homes were sold. Prices are falling in the 08070 zip code, and this period the median price of all sales fell from $142,000 to $126,500. The 08070 zip code is a definite buyer's market, due to a big 14 months of inventory left and aided by the flat sales.
Comments:

$895K  
Sales fell in the 08070 zip code market to 11 homes sold over the last 30 days. It's also under an extended downward trend in the number of contracts closing, with this week's number falling to nine. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $142,000 continued a four-week upswing. The 08070 zip code is still a strong buyer's market, despite the rising prices, with 14 months of inventory to choose from on top of the downward trend in contracts.
Comments:
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