$496K  
In this week's report, the number of homes sold in the 08515 zip code market fell to two over the past 30 days, a decrease of 33.3% from last week's report. On the other hand, the close-by 19067 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 08515 zip code, and for this period the median sales price slid from $278,000 to $251,500. With decreasing sales and the availability of 20 months of inventory, the 08515 zip code is a definite buyer's market.
Comments:

$2.2M  
Over the last 30 days, a confirmed downward trend of new sellers coming into the 08515 zip code market continued, with five listings in this week's report. Meanwhile, sales fell, with three homes selling during the same period. The median sales price dropped to $278,000 over the latest reporting period for the 08515 zip code, down from $334,490. The 08515 zip code is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$750K  
The number of homes coming into the 08515 zip code market stayed firm with six listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 08515 zip code, coming in at $334,490. The 08515 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$750K  
There have been four homes sold in the 08515 zip code market over the last 30 days. During the same period, the number of new listings totaled six, the fewest since February. During the same time frame, 19067 had the most of any other neighboring zip codes with 62 new listings. The median sales price dropped to $355,000, down from last week's $410,000. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning the 08515 zip code is still a definite buyer's market.
Comments:

$350K  
This week in the 08515 zip code market, sales fell to three homes sold over the last 30 days, even as it endures an emerging upward trend in price reductions, with 12 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in the 08515 zip code, and the median sales price this period increased from $300,000 to $410,000. The 08515 zip code is a solid buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$496K  
08515 is a zip code in New Jersey, and is very affluent with a median income of $101,634 per household. It's much older than the rest of the state, with a median age of 37. With an ownership ratio of 90.7%, the vast majority of people in the 08515 zip code are homeowners. Topping the list of best schools in the zip code is Melvin H Kreps School.
Comments:

$750K  
The number of home sales in the 08515 zip code market jumped 150.0% to five homes over the last 30 days, coming close to the 6.0 monthly average for the last 12 months. At the same time, the 19067 zip code reported 50 home sales, the highest number from all the surrounding zip codes. The median sales price jumped to $300,000, up from last week's $74,500. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning the 08515 zip code is still a definite buyer's market.
Comments:

$125K  
A six-week downward trend in sales was extended when the 08515 zip code market saw two more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since July at 15. In comparison, 19067 led all other nearby zip codes with 102 price reductions. The median sales price in the 08515 zip code stayed put this week at $74,500. With a downward trend in sales numbers and 25 months of inventory still left to work through, the 08515 zip code is a strong buyer's market.
Comments:

$750K  
The 08515 zip code market remained slow this week as sales fell 33.3% to land at two homes sold over the last 30 days. Within the same time frame, the 19067 zip code had 54 sales, the most of all zip codes in the area. The median sales price dropped dramatically to $74,500, down from last week's $125,000. The 08515 zip code is a strong buyer's market, due to a big 24 months of inventory left and aided by the dip in sales.
Comments:

$750K  
In this week's report, the number of homes sold in the 08515 zip code market fell to three over the past 30 days, a decrease of 25.0% from last week's report. On the other hand, the close-by 19067 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 08515 zip code, and this period the median price of all sales fell from $540,000 to $125,000. The 08515 zip code is a definite buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
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