$289K  
08080 is a affluent zip code in New Jersey with a median income of $83,881 per household. The population is also considered younger than most with a median age of 41 years. With an ownership ratio of 86.7%, the vast majority of people in the 08080 zip code are homeowners. Heading the list of top schools in the zip code is Chews.
Comments:

$104K  
The 08080 zip code market showed no signs of halting a five-week downward contraction, with a record low 30 homes sold in the last 30 days. Sales showed a 9.1% decrease from the prior period, returning to a low not seen since March. In comparison, the 08081 zip code had 73 sales in the same time frame, the most of all nearby zip codes. The median sales price dropped to $217,500, down from last week's $235,000. The 08080 zip code is a solid buyer's market with eight months of inventory to choose from, aided by the downturn in sales.
Comments:

$350K  
The 08080 zip code market is seeing a pullback in sellers. With a four-week downturn, sales this week fell to 33 homes sold over the last 30 days, while new listings are at the lowest they've been in three months. When comparing other close-by zip codes within the same period, the most came from the 08081 zip code with 93 new listings. The median sales price rose to $235,000, up from last week's $200,000. The 08080 zip code is still a solid buyer's market, even after the decrease in new listings, due to the large seven months of inventory left.
Comments:

$699K  
In this week's report, the number of homes sold in the 08080 zip code market dropped to 34 over the past 30 days. It marked a decrease of 8.1% from last week's report and another period below the monthly average. On the other hand, the close-by 08081 zip code registered 58 homes sold in the same period, the most of all surrounding zip codes. Months of inventory continued a steady rise, trending upwards for eight weeks to reach seven months. With decreasing sales and the availability of so much inventory, the 08080 zip code is a solid buyer's market.
Comments:

$554K  
The 08080 zip code market saw 37 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since August at 86. When comparing other close-by zip codes within the same period, the most came from the 08081 zip code with 128 price reductions. Even as the number of sellers lowering their price hit a top, months of inventory continued to climb, hitting a nine-month high at seven months. Along with the slip in sales, the higher-than-normal inventory indicates that the 08080 zip code is a strong buyer's market.
Comments:

$525K  
The 08080 zip code market slowed with a 20.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 41.0 monthly average with 35 homes sold. In comparison, the nearby 08094 zip code had 44 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $180,000 over the latest reporting period for the 08080 zip code, down from $197,450. The 08080 zip code is a solid buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$289K  
08080 is a larger than average zip code in New Jersey with 39,250 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 4.8%. Detached homes account for 77% of the area's current housing market. The best school in the zip code is Chews.
Comments:

$350K  
Over the last 30 days, 38 homes went under contract in the 08080 zip code market, the lowest amount since January. As the market appears to be nearing a bottom, there were 44 homes sold over the same period. During the same time frame, 08081 had the most of any other neighboring zip codes with 88 contracts executed. Prices are falling in the 08080 zip code, and this period the median price of all sales fell from $197,500 to $197,450.
Comments:

$350K  
While home sales in the 08080 zip code market have been above average, in this week's report they dropped 15.7% to 43 homes sold over the last 30 days. In comparison, the nearby 08081 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. Months of inventory continued a steady rise, trending upwards for eight weeks to reach six months.
Comments:

$699K  
Over the last 30 days, the 08080 zip code market showed gains with 50 homes sold, an 11.1% increase from last week's report. To put it in perspective, the close-by 08081 zip code registered 59 homes sold in the same period, the most of all surrounding zip codes. The median sales price in the 08080 zip code stayed put this week at $210,000.
Comments:
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