$265K  
The 08079 zip code market pulled back with a 12.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.9) with seven homes sold. In comparison, the nearby 19709 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $29,900 over the latest reporting period for the 08079 zip code, up from $27,500. The 08079 zip code is a solid buyer's market, due to a big 16 months of inventory left and aided by the dip in sales.
Comments:

$699K  
The 08079 zip code market might be cooling off in the coming weeks. Sales dropped this week to seven homes sold over the last 30 days, and there is a confirmed downward trend in the number of new listings, with 10 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices are coming down in the 08079 zip code, and for this period the median sales price slid from $32,400 to $29,900. The 08079 zip code is a definite buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$1.3M  
With 11,420 residents, 08079 is an average-sized zip code in New Jersey. Also, with 105.9 people per square mile, it has a much lower than average density in comparison to other parts of the state. The 08079 zip code is an area where most people own their homes, with an ownership ratio of 53.8%. Leading the list of best schools in the zip code are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:

$1.3M  
The number of home sales in the 08079 zip code market rose 11.1% to 10 homes over the last 30 days. Within the same time frame, the 19709 zip code had 53 sales, the most of all zip codes in the area. Months of inventory were further reduced to 12, extending a downward trend to four weeks. The 08079 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$699K  
In this week's report, the number of homes sold in the 08079 zip code market fell to nine over the past 30 days, a decrease of 18.2% from last week's report, but still above the monthly average. Within the same time frame, the 19709 zip code had 54 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08079 zip code, and for this period the median sales price slid from $65,000 to $34,900. The 08079 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:

$279K  
Fewer sellers put their homes up for sale in the 08079 zip code market over the last 30 days and the number of new listings fell this week to 10. Home sales remained unchanged from the prior period and once again 11 homes were sold. Pricing in the 08079 zip code remains consistent from last week to this week, with the median sales price at $65,000 again. Along with flat sales, a relatively high 11 months of inventory indicates that the 08079 zip code is a definite buyer's market.
Comments:

$1.3M  
Sales rose to 11 homes sold in the 08079 zip code market over the last 30 days. However, a new downturn in the amount of pending transactions continued, with five completed in the same period. The median sales price rose to $65,000 over the latest reporting period for the 08079 zip code, up from $60,000. The 08079 zip code is still a solid buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$1.3M  
Sales in the 08079 zip code market fell to five 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 14 price reductions in the same time frame. Prices are rising in the 08079 zip code, and the median sales price this period increased from $46,500 to $50,000. The 08079 zip code is a definite buyer's market, due to a big 25 months of inventory left and aided by the dip in sales.
Comments:

$109K  
The 08079 zip code market may be experiencing an extended pullback, but sales managed an uptick this week of 150.0% to five homes sold over the last 30 days. The median sales price jumped to $50,000, up from last week's $16,750. The 08079 zip code is still a definite buyer's market, due to the availability of 25 months of remaining inventory, even after the uptick in sales.
Comments:

$1.3M  
The 08079 zip code has a cost of living adjustment score of 98.1, which is much less expensive when compared to others in New Jersey. Also, the area is considered much less affluent than average with a median income of $47,251 per household. Homes in the 08079 zip code are older than most with a median age of 55 years. The top schools in the zip code are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:
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