08004 is an average-sized zip code in New Jersey that has seen a 4.3% increase in population over the last 10 years. It also has a total population of 12,541. Homes in the 08004 zip code are relatively old with a median age of 30 years.
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$140K  
The 08004 zip code market got a boost this week as sales rose to 14 homes sold over the last 30 days to go with an identifiable upward trend of contracts closing, now up to 26. The median sales price dropped to $126,450, down from last week's $157,500. The 08004 zip code is a still definite buyer's market, in spite of the rising contracts numbers, due to the availability of 10 months of remaining inventory.
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$169K  
The number of home sales in the 08004 zip code market climbed 50.0% to nine homes over the last 30 days. At the same time, the 08053 zip code reported 87 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 08004 zip code, with the median for this period rising from $110,950 to $164,000. Despite the uptick in sales, there are still 15 months of inventory left to work through, meaning the 08004 zip code is still a solid buyer's market.
Comments:

$135K  
The 08004 zip code market reported 23 contracts in the last 30 days, the highest amount since May. This might lead to the end of the current seven-week downward trend in sales, which hit six in the same period. During the same time frame, 08021 had the most contracts executed of any other neighboring zip codes with 82. The median sales price dropped to $110,950, down from last week's $145,000. Along with the slip in sales, a relatively high 22 months of inventory indicates that the 08004 zip code is a strong buyer's market.
Comments:

$112K  
Hitting a record low dating back to January, eight homes were sold in the 08004 zip code market over the last 30 days. This represents a 27.3% decrease and comes on top of a six-week steady downturn in sales activity. During the same time frame, 08053 had the most of any other neighboring zip codes with 93 sales. At the same time that sales reached a new low, months of inventory expectedly rose to 17, its highest point since January. The 08004 zip code is still a strong buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$214K  
The 08004 zip code market seems to be nearing a low. The number of contracts executed fell to 12, the lowest levels since January. Sales are also heading down, sliding to 10 homes sold over the last 30 days. During the same time frame, 08081 had the most of any other neighboring zip codes with 88 contracts executed. While contracts were soft, months of inventory hit 14, extending an upward trend to four weeks. The downward trend in contracts numbers and the high inventory indicate that the 08004 zip code is still a definite buyer's market.
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The 08004 zip code has a population that is older than most in New Jersey with a median age of 40 years. Also, it's somewhat affluent with a median income of $68,596 per household. It should be noted that at 85.6%, the vast majority of people own their homes in the 08004 zip code.
Comments:

$167K  
Over the last 30 days, the 08004 zip code market had a lift in home sales with 14. But as sales edged up, the number of pending transactions continued to decline, with a total of 10 contracts during the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Potential buyers should note that prices are coming down in the 08004 zip code, and for this period the median sales price slid from $180,000 to $145,000. The 08004 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
Comments:

$112K  
Over the last 30 days, 13 homes were sold in the 08004 zip code market, up 8.3%. However, the market is still in an emerging downward trend overall. The median sales price rose to $180,000 over the latest reporting period for the 08004 zip code, up from $157,500. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning the 08004 zip code is still a definite buyer's market.
Comments:

$214K  
The 08004 zip code market broke below its 12-month average sales volume this week as sales slid 38.9% to hit 11 homes sold over the last 30 days. Meanwhile, the 08053 zip code reported 64 home sales, the highest number from all the surrounding zip codes. The median sales price rose dramatically to $160,000 over the latest reporting period for the 08004 zip code, up from $128,000. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 08004 zip code is a strong buyer's market.
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