The 08558 zip code market made strides in this week's report, as the number of home sales rose 22.2%, pushing the total to 11 homes sold over the last 30 days. To put it in perspective, the close-by 08540 zip code registered 42 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that prices are coming down in the 08558 zip code, with the median sales price dropped to $965,000. Inventory is also shrinking, now down to four months worth still available.
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