$400K  
Over the last 30 days, an identifiable upward trend of new sellers coming into the 08034 zip code market continued, with 37 listings in this week's report. Meanwhile, sales have fallen, with 19 homes selling during the same period. The median sales price rose to $190,000, up from last week's $188,500. In spite of the decrease in sales, a low three months of inventory signals that the 08034 zip code is a seller's market.
Comments:

$3M  
The population of the 08034 zip code is growing slower than the rest of New Jersey, at a 10-year growth rate of -2.6%. It's a larger than average zip code compared to the rest of the state, with 18,306 residents. With a median age of 45 years, homes in the 08034 zip code tend to be older than most. Leading the list of top schools in the zip code are Barclay School, Schuyler-Colfax Middle School, and Wayne Hills High School.
Comments:

$105K  
Despite a 26.7% growth in sales numbers this week to reach 19 homes sold over the last 30 days, the 08034 zip code market still shows a new trend downward overall. As sales trended lower, the median sales price went down as well, trending downwards for four weeks to $190,000. The rising sales and a low three months of inventory point to the 08034 zip code being a seller's market.
Comments:

$3M  
Home sales in the 08034 zip code market stayed soft in this week's report as they fell 31.8% to 15 homes sold over the last 30 days. Meanwhile, the 08054 zip code reported 43 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 08034 zip code, with the median for this period rising from $179,350 to $187,000.
Comments:

$155K  
With home sales in the 08034 zip code market already below average, in this week's report they fell 9.1% to 20 homes sold over the last 30 days. Within the same time frame, the 08054 zip code had 45 sales, the most of all zip codes in the area. There are four months of inventory remaining in the 08034 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $179,350 this week.
Comments:

$129K  
The 08034 zip code market broke below its 12-month average sales volume this week as sales fell 8.3% to hit 22 homes sold over the last 30 days. In comparison, the nearby 08054 zip code had 44 sales in the same time frame, the most of all neighboring zip codes. The median sales price of all transactions in the 08034 zip code did not budge this week, remaining at $210,000. In spite of the decrease in sales, a low three months of inventory signals that the 08034 zip code is a seller's market.
Comments:

$129K  
This week in the 08034 zip code market, sales fell to 24 homes sold over the last 30 days, coinciding with an extended downward trend in price reductions, with 11 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. Prices are rising in the 08034 zip code, and the median sales price this period increased from $200,000 to $210,000. There are only three months of inventory available in the 08034 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$205K  
08034 is a affluent zip code in New Jersey with a median income of $80,157 per household. The population is also considered much younger than most with a median age of 43 years. The 08034 zip code is an area where most people own their homes, with an ownership ratio of 78.2%. The best schools in the zip code are Barclay School, Schuyler-Colfax Middle School, and Wayne Hills High School.
Comments:

$299K  
Sales fell to 27 homes sold over the last 30 days in the 08034 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 10 for the same period. The median sales price dropped to $200,000, down from last week's $226,000. In spite of the decrease in sales, a low two months of inventory signals that the 08034 zip code is a strong seller's market.
Comments:

$137K  
A dip in the number of pending transactions in the 08034 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. While 22 homes went under contract, there were 33 completed sales. During the same time frame, 08053 had the most of any other neighboring zip codes with 48 contracts executed. Potential buyers should note that prices went up in the 08034 zip code, with the median for this period rising from $225,000 to $226,000. With only two months of inventory and rising sales, the 08034 zip code is a definite seller's market.
Comments:
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