$114K  
A six-week downturn in sales was extended when the 08344 zip code market saw three more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since October at 12. In comparison, 08094 led all other nearby zip codes with 73 price reductions. The median sales price dropped to $160,000 over the latest reporting period for the 08344 zip code, down from $167,500. A downturn in sales, coupled with the availability of 12 months of inventory, prove that the 08344 zip code is a definite buyer's market.
Comments:

$562K  
08344 is a zip code in New Jersey, and is less affluent than average with a median income of $60,962 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 08344 zip code own their homes, with an 80.1% ownership ratio. The best school in the zip code is Marine Academy Sci & Tech.
Comments:

$562K  
Over the last 30 days, the 08344 zip code market had a decrease in home sales with four. Furthermore, the amount of pending transactions continued to decline, with a total of three contracts during the same period. However, as contracts trended down, the median sales price climbed, hitting a three-month high at $167,500. Even with prices on the rise, the downturn in contracts and the availability of nine months of inventory prove that the 08344 zip code is still a definite buyer's market.
Comments:

$290K  
Over the last 30 days, a confirmed upward trend of new sellers coming into the 08344 zip code market continued, with 14 listings in this week's report. Meanwhile, sales have fallen, with six homes selling during the same period. Perhaps due to the new listing numbers, months of inventory is on a four-week upswing, this week hitting six months.
Comments:

$110K  
The 08344 zip code market may be experiencing a prolonged pullback as sales slumped again this week by 14.3% to six homes sold over the last 30 days. Potential buyers should note that prices went up in the 08344 zip code, with the median for this period rising from $130,000 to $194,500.
Comments:

$298K  
The number of homes coming into the 08344 zip code market fell to five listings over the last 30 days, while sales remained right where they were as once again seven homes were sold over the same period. The median sales price stayed flat at $130,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$189K  
The 08344 zip code market saw sales remain flat this week with six homes sold over the last 30 days and new listings also remain flat at six. The median sales price rose to $142,450, up from last week's $123,950.
Comments:

$562K  
With 5,458 residents, 08344 is a smaller-than-average zip code in New Jersey. Also, with a 2.4% decrease over the last 10 years, its population is shrinking slower than other parts of the state. The 08344 zip code is made up of homes that are relatively old with a median of 39 years. The best school in the zip code is Marine Academy Sci & Tech.
Comments:

$450K  
Sales in the 08344 zip code market fell to six 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 four price reductions in the same time frame. Potential buyers should note that prices went up in the 08344 zip code, with the median for this period rising from $96,500 to $123,950.
Comments:

$450K  
In this week's report, the number of homes sold in the 08344 zip code market tumbled to eight over the past 30 days, a decrease of 27.3% from last week's report, but still above the monthly average. In comparison, the nearby 08094 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that there are now four months of inventory available in the 08344 zip code and prices have come down. The median sales price dropped to $96,500.
Comments:
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