Home sales in the 08069 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 11.1% to eight homes sold over the last 30 days. On the other hand, the close-by 19720 zip code registered 56 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $53,625 over the latest reporting period for the 08069 zip code, up from $45,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that the 08069 zip code is a definite buyer's market.
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