$180K  
The 08029 zip code market closed in on its 12-month sales average this week as sales rose 16.7% to reach seven homes sold over the last 30 days. In comparison, the nearby 08021 zip code had 43 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $89,000 over the latest reporting period for the 08029 zip code, down from $89,062.
Comments:

$190K  
The number of home sales in the 08029 zip code market rose 100.0% to six homes over the last 30 days, coming close to the 7.1 monthly average for the last 12 months. To put it in perspective, the close-by 08021 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 08029 zip code, with the median for this period rising from $89,000 to $89,062.
Comments:

$225K  
The 08029 zip code has a population that is younger than most in New Jersey with a median age of 42 years. Also, it's much less affluent than average with a median income of $53,005 per household. It should be noted that at 75.0%, most people own their homes in the 08029 zip code. The top school in the zip code is Osage.
Comments:

$240K  
The 08029 zip code market will be heating up, as not only have sales risen this week to four homes sold over the last 30 days, but there is an emerging upward trend of new listings, with 15 going live in the same time frame. Potential buyers should note that prices are coming down in the 08029 zip code, and for this period the median sales price slid from $77,062 to $77,000. The 08029 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of nine months of remaining inventory.
Comments:

$107K  
New listings have increased in the 08029 zip code market, reaching a high that hasn't been seen since August. The market is still hot, with the sale of one home over the last 30 days extending a 12-week downward trend. In comparison, the 08021 zip code had 85 new listings in the same time frame, the most of all nearby zip codes. While new seller numbers were strong, the median sales price of homes sold came in at $65,000, which extended a downward swing in price to four weeks. The 08029 zip code is a definite buyer's market, due to falling prices and a large 39 months of inventory left.
Comments:

$279K  
The 08029 zip code market remained soft this week as sales dropped 50.0% to land at one home sold over the last 30 days. In comparison, the nearby 08096 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 08029 zip code, with the median for this period rising from $57,000 to $84,000. The 08029 zip code is a solid buyer's market, due to a big 42 months of inventory left and aided by the dip in sales.
Comments:

$124K  
Home sales in the 08029 zip code market remained cool in this week's report as they fell 50.0% to two homes sold over the last 30 days. On the other hand, the close-by 08021 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 08029 zip code, and for this period the median sales price slid from $66,501 to $57,000. The 08029 zip code is a definite buyer's market, due to a big 18 months of inventory left and aided by the dip in sales.
Comments:

$225K  
Over the last 30 days, a recent downward trend of new sellers coming into the 08029 zip code market continued, with seven listings in this week's report. Meanwhile, sales remained flat, with four homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for the 08029 zip code, coming in at $66,501. The 08029 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$225K  
08029 is a smaller-than-average zip code in New Jersey with 4,781 residents. Its population is growing about even with the rest of the state, at a 10-year growth rate of -2.4%. The 08029 zip code market is almost exclusively made up of detached houses, which currently account for 94% of the homes for sale in the area. The top school in the zip code is Osage.
Comments:

$124K  
This week in the 08029 zip code market, sales fell to four homes sold over the last 30 days, coinciding with a prolonged downward trend in price reductions, with four in the same time frame. 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 rose to $66,501 over the latest reporting period for the 08029 zip code, up from $65,000. The 08029 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:
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