$179K  
The 08097 zip code market might be cooling off in the coming weeks. Sales fell this week to two homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with three going live in the same time frame. The median sales price rose dramatically to $133,000 over the latest reporting period for the 08097 zip code, up from $80,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that the 08097 zip code is a definite buyer's market.
Comments:

$229K  
08097 is a zip code in New Jersey, and is somewhat affluent with a median income of $73,797 per household. It's younger than the rest of the state, with a median age of 41. Keep in mind, the vast majority of people in the 08097 zip code own their homes, with an 86.5% ownership ratio. Topping the list of best schools in the zip code is Parkview.
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$105K  
Fewer sellers put their homes up for sale in the 08097 zip code market over the last 30 days and the number of new listings fell this week to three. Home sales remained unchanged from the prior period and once again three homes were sold. The price of homes sold went down with the average selling price hitting a three-month low at $80,000. The 08097 zip code is a strong buyer's market, due to falling prices and a large nine months of inventory left.
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$209K  
The number of sellers who put their homes up for sale in the 08097 zip code market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again three homes were sold. Pricing in the 08097 zip code remains consistent from last week to this week, with the median sales price at $150,000 again. With no movement in sales and the availability of 10 months of inventory, the 08097 zip code is a solid buyer's market.
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$284K  
Home sales in the 08097 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 25.0% to three homes sold over the last 30 days. On the other hand, the close-by 08096 zip code registered 42 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 08097 zip code, and for this period the median sales price slid from $184,500 to $150,000. The 08097 zip code is a solid buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$235K  
Sales fell in the 08097 zip code market to four homes sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to three. Prices are falling in the 08097 zip code, and this period the median price of all sales fell from $205,000 to $184,500. A downturn in contracts, coupled with the availability of nine months of inventory, prove that the 08097 zip code is a solid buyer's market.
Comments:

$209K  
The number of home sales in the 08097 zip code market jumped 25.0% to five homes over the last 30 days. Within the same time frame, the 08012 zip code had 35 sales, the most of all zip codes in the area. Months of inventory is on a four-week downward trend, this week hitting seven months. The 08097 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$235K  
08097 ranks as the fastest growing zip code in New Jersey at a 10-year growth rate of 0.9%. However, its population only ranks 475th in size with 3,255 people. The 08097 zip code is made up of homes that are considered older than most with a median of 48 years. The best school in the zip code is Parkview.
Comments:

$294K  
The 08097 zip code market saw sales decline 33.3% this week but it is currently in the midst of a confirmed upward sales trend, including four homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices went up in the 08097 zip code, with the median for this period rising from $158,750 to $192,500. With decreasing sales and the availability of 10 months of inventory, the 08097 zip code is a definite buyer's market.
Comments:

$215K  
The 08097 zip code market saw three homes go under contract and failed to break out of a new downward trend. Despite that, total home sales rose to five over the last 30 days. Even as contracts trended lower, the amount of available homes slid to eight months worth, a three-month low. The 08097 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
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