$197K  
The 08048 zip code market is slumping, despite a four-week downward trend. While sales this week fell to seven homes sold over the last 30 days, new listings are at the highest they've been in three months. In comparison, the 08054 zip code had 95 new listings in the same time frame, the most of all nearby zip codes. The median sales price tumbled to $159,900, down from last week's $368,500. Along with the upward trend in new listings, there are nine months of inventory left to work through, meaning the 08048 zip code is a definite buyer's market.
Comments:

$1.5M  
The 08048 zip code market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to 11. Prices were able to climb as this week's reported median sales price of $363,000 continued a four-week upswing. The 08048 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and the flat sales.
Comments:

$239K  
08048 is an average-sized zip code in New Jersey with 13,216 residents. Also, it has seen a 21.9% increase in population over the last 10 years. Detached homes account for 68% of the area's current housing market. The best school in the zip code is M A T Elementary School.
Comments:

$1.5M  
The 08048 zip code market might be slowing in the coming weeks. Sales fell this week to five homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with 11 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in the 08048 zip code, with the median for this period rising from $325,000 to $363,000. The 08048 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$1.5M  
The 08048 zip code market pulled back with a 35.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 11.8 monthly average with nine homes sold. Meanwhile, the 08054 zip code reported 45 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 08048 zip code, with the median for this period rising from $288,750 to $325,000. The 08048 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$1.5M  
The 08048 zip code market was solid this week as sales rose 7.7% to hit 14 homes sold over the last 30 days. At the same time, the 08054 zip code reported 44 home sales, the highest number from all the surrounding zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $288,750 this week.
Comments:

$200K  
In this week's report, the number of homes sold in the 08048 zip code market dropped to 13 over the past 30 days, a decrease of 18.8% from last week's report, but still above the monthly average. In comparison, the nearby 08054 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $247,000 over the latest reporting period for the 08048 zip code, up from $241,750.
Comments:

$1.5M  
Over the last 30 days, the sale of 16 homes took place in the 08048 zip code market. This shows a 5.9% drop from the prior period but the area remains on a budding upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price rose dramatically to $241,750, and there are a fairly average four months of inventory left to be sold.
Comments:

$459K  
The 08048 zip code has a cost of living adjustment score of 124.8, which is less expensive when compared to others in New Jersey. Also, the area is considered somewhat affluent with a median income of $78,564 per household. Homes in the 08048 zip code are of moderate age with a median age of 18 years. Heading the list of top schools in the zip code is M A T Elementary School.
Comments:

$399K  
The 08048 zip code market was busy in this week's report, as the number of home sales climbed 23.1%, pushing the total to 16 homes sold over the last 30 days. At the same time, the 08054 zip code reported 52 home sales, the highest number from all the surrounding zip codes. Potential buyers should take note that prices are coming down in the 08048 zip code, with the median sales price dropped to $184,200. Inventory is also shrinking, now down to four months worth still available.
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