$589K  
The 08022 zip code market saw sales remain consistent with 13 homes sold over the last 30 days and is also under a recent downward trend in the number of contracts closing, with this week's number falling to 12. The median sales price in the 08022 zip code stayed put this week at $250,000. A downturn in contracts, coupled with the availability of seven months of inventory, prove that the 08022 zip code is a definite buyer's market.
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$950K  
The 08022 zip code market is enjoying a solid upward trend, even as sales remained the same this week at 13 homes over the last 30 days. Prices are rising in the 08022 zip code, and the median sales price this period increased from $240,000 to $250,000. Along with flat sales, a relatively high seven months of inventory indicates that the 08022 zip code is a solid buyer's market.
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With 9,251 residents, 08022 is an average-sized zip code in New Jersey. Also, with 283.2 people per square mile, it has a much lower than average density in comparison to other parts of the state. With an ownership ratio of 91.2%, the vast majority of people in the 08022 zip code are homeowners.
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$849K  
The 08022 zip code market got good news 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. In comparison, the nearby 19067 zip code had 46 sales in the same time frame, the most of all neighboring zip codes. Months of inventory is on a four-week downward trend, this week hitting eight months. The 08022 zip code is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
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$950K  
Despite an 18.2% decline in sales over the last 30 days, the 08022 zip code market extended a three-week hot streak with a total of nine homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices went up in the 08022 zip code, with the median for this period rising from $240,000 to $255,000. The 08022 zip code is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$950K  
The 08022 zip code market showed gains in this week's report, as the number of sales went up to 11 homes sold over the last 30 days. Within the same time frame, the 19067 zip code had 56 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08022 zip code, and for this period the median sales price slid from $250,000 to $240,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 08022 zip code is still a definite buyer's market.
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$569K  
The 08022 zip code market took a step back this week as sales fell to nine homes sold over the last 30 days. However, the number of homes under contract shows a budding upward trend, and is now at 18. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Pricing in the 08022 zip code remains consistent from last week to this week, with the median sales price at $228,000 again. The 08022 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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$359K  
Over the past 30 days, there have been fewer price cuts in the 08022 zip code market, continuing a three-week declining trend to land at 26. However, home sales were up to 11 over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price in the 08022 zip code stayed put this week at $228,000. The 08022 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$349K  
08022 is a zip code in New Jersey. It's somewhat affluent and the cost of living is less expensive compared to the rest of the state, with a median income of $74,477 per household and cost of living adjustment score of 119.8. Homes in the 08022 zip code are of moderate age with a median age of 18 years.
Comments:

$350K  
Over the last 30 days, the 08022 zip code market reported improvement with nine homes sold, a 50.0% increase from last week's report. To put it in perspective, the close-by 19067 zip code registered 46 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $228,000, down from last week's $248,250. Even after the uptick in sales, an elevated nine months of inventory tells us that the 08022 zip code is still a definite buyer's market.
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Ask a local expert about this area:
Bhhs Fox & Roach-Hamilton
Snapped 12 homes in this area
Coldwell Banker Schiavone & Assoc.
Snapped 4 homes in this area
RE/MAX at Home
Snapped 3 homes in this area

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