$215K  
The number of price cuts in the 08343 zip code market climbed to 10 over the last 30 days, furthering an established positive trend. Despite drops in list prices, sales also decreased to one home sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Pricing in the 08343 zip code remains consistent from last week to this week, with the median sales price at $332,445 again. The 08343 zip code is a solid buyer's market, thanks to a big 41 months of inventory to choose from and a pullback in sales.
Comments:

$345K  
There were three home sales in the 08343 zip code market over the last 30 days, while coming close to the 3.4 monthly average for the last 12 months. In comparison, the nearby 08094 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $332,445, up from last week's $265,250. The 08343 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 14 months of remaining inventory.
Comments:

$394K  
With 4,221 residents, 08343 is a smaller-than-average zip code in New Jersey. Also, with a 5.4% increase over the last 10 years, its population is growing faster than other parts of the state. Detached homes account for 100% of the area's current housing market. Heading the list of top schools in the zip code is Downe Twp Elementary School.
Comments:

$485K  
The number of homes coming into the 08343 zip code market fell to four listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price has been increasing as it hit $265,250, extending a four-week long spike. The 08343 zip code is a definite buyer's market, due to a big 22 months of inventory left and aided by the flat sales.
Comments:

$215K  
The 08343 zip code market saw sales remain steady this week at two homes sold over the last 30 days, but this could change due to a recent upward trend in price reductions, with eight reported in the same time frame. The median sales price in the 08343 zip code stayed put this week at $265,250. The 08343 zip code is a solid buyer's market, thanks to a big 24 months of inventory to choose from and the flat sales.
Comments:

$319K  
Sales fell this week to one home sold in the 08343 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with three pending transactions in the same time frame. The median sales price jumped to $346,000 over the latest reporting period for the 08343 zip code, up from $199,900. The 08343 zip code is a definite buyer's market, thanks to a big 47 months of inventory to choose from and a pullback in sales.
Comments:

$414K  
The 08343 zip code market saw sales remain at three homes sold over the last 30 days, with an emerging upward trend of new listings, as eight came into the market in the same time frame. The median sales price remained unchanged over the latest reporting period for the 08343 zip code, coming in at $199,900. The 08343 zip code is a definite buyer's market, thanks to a big 15 months of inventory to choose from and the flat sales.
Comments:

$394K  
The population of the 08343 zip code is less affluent than average compared to others in New Jersey with a median income of $64,583 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 122.8. The 08343 zip code is made up of homes that are considered relatively old with a median of 36 years. The best school in the zip code is Downe Twp Elementary School.
Comments:

$394K  
More sellers put their homes up for sale in the 08343 zip code market over the last 30 days and the number of new listings spiked this week to nine. Home sales remained unchanged from the prior period and once again three homes were sold. The median sales price remained unchanged over the latest reporting period for the 08343 zip code, coming in at $199,900. The 08343 zip code is a solid buyer's market, thanks to a big 15 months of inventory to choose from and the flat sales.
Comments:

$469K  
The 08343 zip code market remained sluggish this week as sales fell 33.3% to land at two homes sold over the last 30 days. Within the same time frame, the 08080 zip code had 50 sales, the most of all zip codes in the area. The median sales price tumbled to $127,500 over the latest reporting period for the 08343 zip code, down from $215,000. Along with the slip in sales, a relatively high 21 months of inventory indicates that the 08343 zip code is a solid buyer's market.
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