$219K  
The number of home sales in the 08051 zip code market rose 16.7% to 21 homes over the last 30 days. At the same time, the 08096 zip code reported 65 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 08051 zip code, and for this period the median sales price slid from $127,500 to $123,000.
Comments:

$498K  
The number of home sales in the 08051 zip code market rose 12.5% to 18 homes over the last 30 days. To put it in perspective, the close-by 08096 zip code registered 62 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 08051 zip code, and this period the median price of all sales fell from $133,500 to $127,500.
Comments:

$890K  
Fewer sellers put their homes up for sale in the 08051 zip code market over the last 30 days and the number of new listings fell this week to 25. Home sales remained unchanged from the prior period and once again 12 homes were sold. Prices were able to climb as this week's reported median sales price of $118,300 continued a four-week upswing. Along with flat sales, a relatively high nine months of inventory indicates that the 08051 zip code is a definite buyer's market.
Comments:

$499K  
The 08051 zip code market broke below its 12-month average sales volume this week as sales dropped 25.0% to hit 12 homes sold over the last 30 days. On the other hand, the close-by 08096 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 08051 zip code, with the median for this period rising from $121,500 to $128,500. With decreasing sales and the availability of nine months of inventory, the 08051 zip code is a solid buyer's market.
Comments:

$189K  
While home sales in the 08051 zip code market have been above average, in this week's report they dropped 11.8% to 15 homes sold over the last 30 days. In comparison, the nearby 08080 zip code had 43 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 08051 zip code, and this period the median price of all sales fell from $125,000 to $117,000. The 08051 zip code is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$189K  
Over the last 30 days, the 08051 zip code market was active with 16 homes sold, a 6.7% increase from last week's report. To put it in perspective, the close-by 08080 zip code registered 46 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 08051 zip code, with the median for this period rising from $125,000 to $125,500.
Comments:

$379K  
The 08051 zip code has a population that is older than most in New Jersey with a median age of 40 years. Also, it's less affluent than average with a median income of $64,855 per household. Keep in mind, most people in the 08051 zip code own their homes, with a 79.8% ownership ratio. The best school in the zip code is Frances Demasi Elementary School.
Comments:

$498K  
With 14 homes sold in the 08051 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 31 new listings for buyers to choose from. The median sales price rose to $119,950 over the latest reporting period for the 08051 zip code, up from $109,950. Along with flat sales, a relatively high seven months of inventory indicates that the 08051 zip code is a solid buyer's market.
Comments:

$110K  
The 08051 zip code market saw sales remain steady this week at 13 homes sold over the last 30 days, but this could change due to a long upward trend in price reductions, with 29 reported in the same time frame. The median sales price climbed to $114,900, up from last week's $97,000. Along with flat sales, a relatively high seven months of inventory indicates that the 08051 zip code is a strong buyer's market.
Comments:

$209K  
The 08051 zip code market pulled back with a 7.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 13.8 monthly average with 12 homes sold. Within the same time frame, the 08080 zip code had 46 sales, the most of all zip codes in the area. The median sales price dropped to $88,500 over the latest reporting period for the 08051 zip code, down from $93,304. The 08051 zip code is a strong buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:
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Keller Williams Realty - Washington Township
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