$101K  
Despite a 5.9% growth in sales numbers this week to reach 18 homes sold over the last 30 days, the 08052 zip code market still shows a new trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. As sales trended lower, the median sales price went down as well, trending downwards for eight weeks to $85,000.
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$409K  
The 08052 zip code market closed in on its 12-month sales average this week with 14 homes sold over the last 30 days. In comparison, the nearby 08054 zip code had 56 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $95,000 over the latest reporting period for the 08052 zip code, up from $76,000. The 08052 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$399K  
Home sales in the 08052 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 33.3% to 12 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 are coming down in the 08052 zip code, and for this period the median sales price slid from $117,500 to $71,000. With decreasing sales and the availability of eight months of inventory, the 08052 zip code is a definite buyer's market.
Comments:

$239K  
While home sales in the 08052 zip code market have been above average, in this week's report they dropped 21.7% to 18 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. The median sales price dropped to $117,500, down from last week's $147,000.
Comments:

$179K  
The 08052 zip code has a much older population than other areas in New Jersey with a median age of 38 years. It is also less affluent than average with a median income of $55,579 per household. The 08052 zip code market is primarily made up of detached houses, which currently account for 79% of the homes for sale in the area. The top school in the zip code is Hillside.
Comments:

$110K  
While home sales in the 08052 zip code market have been above average, in this week's report they dropped 8.0% to 23 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 dropped to $147,000, extending a four-week long spiral.
Comments:

$119K  
The 08052 zip code market was healthy this week as sales rose 13.6% to hit 25 homes sold over the last 30 days. At the same time, the 08054 zip code reported 53 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $155,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$127K  
Sales stayed firm at 20 homes sold over the last 30 days in the 08052 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 25 for the same period. The median sales price in the 08052 zip code rose to $160,000 while months of inventory fell to four.
Comments:

$399K  
There were 20 homes sold in the 08052 zip code market over the last 30 days, while 20 contracts were executed. This marks the lowest amount since September, and could be a sign that the market is softening. During the same time frame, 08053 had the most of any other neighboring zip codes with 48 contracts executed. Furthermore, a three-week downward trend in price reductions is expected to continue over the coming weeks. Prices are falling in the 08052 zip code, and this period the median price of all sales fell from $163,000 to $155,000.
Comments:

$179K  
With 19,053 residents, 08052 is a larger than average zip code in New Jersey. Also, with a 0.4% decrease over the last 10 years, its population is growing slower than other parts of the state. With a median age of 42 years, homes in the 08052 zip code tend to be older than most. The top school in the zip code is Hillside.
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