$379K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the 08311 zip code market continued, with three listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in the 08311 zip code did not budge this week, remaining at $140,450. The 08311 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
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$150K  
Sales in the 08311 zip code market remained flat at two homes sold over the last 30 days, while the number of sellers reducing their list prices reached five, which continues an emerging upward trend in price reductions. The median sales price in the 08311 zip code stayed put this week at $140,450. Along with flat sales, a relatively high eight months of inventory indicates that the 08311 zip code is a strong buyer's market.
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$299K  
The 08311 zip code market made strides in this week's report, as the number of home sales rose 100.0%, pushing the total to two homes sold over the last 30 days. At the same time, the 08360 zip code reported 18 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08311 zip code, and this period the median price of all sales fell from $249,900 to $140,450.
Comments:

$150K  
08311 is a zip code in New Jersey. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $55,248 per household and cost of living adjustment score of 105.0. The 08311 zip code is made up of homes that are considered older than most with a median of 51 years. The best school in the zip code is Plush Elementary School.
Comments:

$299K  
The 08311 zip code market looked solid in this week's report, as the number of sales went up to one home sold over the last 30 days. Within the same time frame, the 08360 zip code had 18 sales, the most of all zip codes in the area. The median sales price climbed during this period, hitting a three-month high at $249,900. The 08311 zip code is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of 13 months of remaining inventory.
Comments:

$150K  
The 08311 zip code market was quiet this week as no sales were reported over the previous 30 days. The 08311 zip code usually averages 0.5 sales per month.
Comments:

$129K  
The 08311 zip code market may be experiencing a prolonged pullback but sales stood their ground this week at one home 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 remained unchanged over the latest reporting period for the 08311 zip code, coming in at $175,000. A downturn in sales, coupled with the availability of 14 months of inventory, prove that the 08311 zip code is a solid buyer's market.
Comments:

$299K  
The number of homes coming into the 08311 zip code market jumped to four listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Pricing in the 08311 zip code remains consistent from last week to this week, with the median sales price at $175,000 again. With no movement in sales and the availability of 14 months of inventory, the 08311 zip code is a definite buyer's market.
Comments:

$129K  
Sales remained at one home sold over the last 30 days in the 08311 zip code market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to three for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Pricing in the 08311 zip code remains consistent from last week to this week, with the median sales price at $175,000 again. Along with flat sales, a relatively high 13 months of inventory indicates that the 08311 zip code is a definite buyer's market.
Comments:

$299K  
Sales in the 08311 zip code market rose to one home sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning the 08311 zip code is still a definite buyer's market.
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