$625K  
With home sales in the 08033 zip code market already below average, in this week's report they dropped 8.7% to 21 homes sold over the last 30 days. On the other hand, the close-by 08003 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $455,000 over the latest reporting period for the 08033 zip code, down from $467,500.
Comments:

$4M  
The number of price cuts in the 08033 zip code market climbed to 52 over the last 30 days, furthering a confirmed positive trend. Despite drops in list prices, sales also decreased to 22 homes sold. Potential buyers should note that prices are coming down in the 08033 zip code, and for this period the median sales price slid from $521,500 to $471,250.
Comments:

$105K  
There were 30 homes sold in the 08033 zip code market over the last 30 days, but 19 contracts were executed. This marks the lowest amount since January, and could be a sign that the market is nearing a low. In comparison, the 08002 zip code had 34 contracts executed in the same time frame, the most of all nearby zip codes. Potential buyers should note that there are now four months of inventory available in the 08033 zip code and prices have come down. The median sales price dropped to $521,500.
Comments:

The 08033 zip code has a cost of living adjustment score of 146.3, which is expensive when compared to others in New Jersey. Also, the area is considered affluent with a median income of $88,060 per household. With a median age of 62 years, homes in the 08033 zip code tend to be older than most. Leading the list of top schools in the zip code are Early Childhood Center and West New York Middle School.
Comments:

$430K  
While home sales in the 08033 zip code market have been above average, in this week's report they slid 6.8% to 41 homes sold over the last 30 days. Within the same time frame, the 08003 zip code had 67 sales, the most of all zip codes in the area. Prices are rising in the 08033 zip code, and the median sales price this period increased from $509,000 to $530,000. There are only three months of inventory available in the 08033 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$4.1M  
The 08033 zip code market's success streak continued to 16 weeks with 44 homes sold in the last 30 days, a one-year record high and a 12.8% jump from the prior period. When comparing other close-by zip codes within the same period, the most came from the 08003 zip code with 67 sales. Potential buyers should note that prices are coming down in the 08033 zip code, and for this period the median sales price slid from $530,000 to $509,000. The higher trending sales numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that the 08033 zip code is a seller's market.
Comments:

$1.2M  
The 08033 zip code market pulled back this week but was still better than normal as sales dropped 11.6% to 38 homes sold over the last 30 days. In comparison, the nearby 08043 zip code had 70 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $542,500, up from last week's $530,000. There are only three months of inventory available in the 08033 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$424K  
The 08033 zip code market was busy in this week's report, as the number of home sales rose 24.2%, pushing the total to 41 homes sold over the last 30 days. In comparison, the nearby 08003 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 08033 zip code, and this period the median price of all sales fell from $535,000 to $530,000. With just three months of inventory available and sales going up, the 08033 zip code is a seller's market.
Comments:

$1.2M  
In this week's report, the number of homes sold in the 08033 zip code market dropped to 31 over the past 30 days, a decrease of 18.4% from last week's report, but still above the monthly average. Within the same time frame, the 08003 zip code had 48 sales, the most of all zip codes in the area. The median sales price rose to $535,000 over the latest reporting period for the 08033 zip code, up from $450,000.
Comments:

08033 is a larger than average zip code in New Jersey with 16,318 residents. Its population is also growing slower than others at a 10-year growth rate of 0.0%. The 08033 zip code market is almost exclusively made up of detached homes, currently accounting for 91% overall. The top schools in the zip code are Early Childhood Center and West New York Middle School.
Comments:
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