$550K  
08088 is a somewhat affluent zip code in New Jersey with a median income of $72,923 per household. The population is also considered much younger than most with a median age of 47 years. The 08088 zip code is an area where the vast majority of people own their homes, with an ownership ratio of 89.5%. The best school in the zip code is Pine Acres Early Childhd.
Comments:

$550K  
Over the last 30 days, an identifiable downward trend of new sellers coming into the 08088 zip code market continued, with 23 listings in this week's report. Meanwhile, sales fell, with 19 homes selling during the same period. The median sales price in the 08088 zip code stayed put this week at $149,900. With decreasing sales and the availability of 10 months of inventory, the 08088 zip code is a strong buyer's market.
Comments:

$105K  
In this week's report, the number of homes sold in the 08088 zip code market dropped to 19 over the past 30 days, a decrease of 24.0% from last week's report. Within the same time frame, the 08015 zip code had 29 sales, the most of all zip codes in the area. Prices fell lower as this week's reported median sales price of $145,000 continued a four-week downward trend. With prices falling, the availability of 10 months of inventory means that the 08088 zip code is a definite buyer's market.
Comments:

$249K  
Sales in the 08088 zip code market fell to 25 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 47 price reductions in the same time frame. The median sales price dropped to $150,250, down from last week's $163,000. The 08088 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:

$5.6M  
There were 26 home sales in the 08088 zip code market over the last 30 days, while coming close to the 32.6 monthly average for the last 12 months. At the same time, the 08015 zip code reported 33 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08088 zip code, and this period the median price of all sales fell from $184,950 to $163,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 08088 zip code is still a strong buyer's market.
Comments:

$109K  
The 08088 zip code market may be experiencing a determined pullback, but sales managed an uptick this week of 9.5% to 23 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price rose to $152,000, up from last week's $151,000. Even after the uptick in sales, an elevated nine months of inventory tells us that the 08088 zip code is still a definite buyer's market.
Comments:

$550K  
08088 is a larger than average zip code in New Jersey with 24,799 residents. Also, it has seen a 1.0% increase in population over the last 10 years. The 08088 zip code market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area. Topping the list of best schools in the zip code is Pine Acres Early Childhd.
Comments:

$550K  
The 08088 zip code market improved this week with 20 homes sold over the last 30 days. At the same time, the 08055 zip code reported 33 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 08088 zip code, and for this period the median sales price slid from $186,000 to $150,625. Even after the uptick in sales, an elevated 10 months of inventory tells us that the 08088 zip code is still a definite buyer's market.
Comments:

$109K  
Hitting a record low dating back to March, 19 homes were sold in the 08088 zip code market over the last 30 days. This represents a 24.0% drop in sales activity. When comparing other close-by zip codes within the same period, the most came from the 08055 zip code with 33 sales. Potential buyers should note that prices are coming down in the 08088 zip code, and for this period the median sales price slid from $225,000 to $186,000. The 08088 zip code is a solid buyer's market with 11 months of inventory to choose from, aided by the downturn in sales.
Comments:

$795K  
There have been 25 homes sold in the 08088 zip code market over the last 30 days. During the same period, the number of new listings totaled 42, the fewest since February. During the same time frame, 08060 had the most of any other neighboring zip codes with 41 new listings. While new listings were reduced, the amount of available homes increased, reaching a volume of eight months of inventory, its highest point since February. The 08088 zip code is still a definite buyer's market, even with the downward trend in new listings, due to such a large amount of inventory remaining.
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