$2.6M  
The number of price cuts in the 08054 zip code market climbed to 69 over the last 30 days, furthering a confirmed positive trend. Despite drops in list prices, sales also decreased to 56 homes sold. The median sales price rose to $181,632, and there are a fairly average four months of inventory left to be sold.
Comments:

$999K  
08054 is a zip code in New Jersey, and is somewhat affluent with a median income of $77,868 per household. It's younger than the rest of the state, with a median age of 42. With an ownership ratio of 80.6%, the vast majority of people in the 08054 zip code are homeowners. The top school in the zip code is Kittatinny Reg High School.
Comments:

$2.6M  
Over the last 30 days, the 08054 zip code market showed gains with 56 homes sold. It marks a 27.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 08053 zip code registered 45 homes sold in the same period, the most of all surrounding zip codes. There are four months of inventory remaining in the 08054 zip code, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $179,000 this week.
Comments:

$319K  
The 08054 zip code market remained slow with 43 homes sold in the last 30 days, an 8.5% sales drop. In comparison, the nearby 08053 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $188,000 over the latest reporting period for the 08054 zip code, up from $185,264.
Comments:

$2.6M  
The 08054 zip code market remained cold this week with 45 homes sold over the last 30 days. On the other hand, the close-by 08053 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 08054 zip code, and this period the median price of all sales fell from $209,000 to $180,000.
Comments:

$428K  
The 08054 zip code market remained cold with 44 homes sold in the last 30 days, an 18.5% sales drop. On the other hand, the close-by 08053 zip code registered 43 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 08054 zip code, with the median for this period rising from $196,550 to $217,250.
Comments:

$999K  
A dip in the number of pending transactions in the 08054 zip code market over the last 30 days resulted in the lowest amount since last January. While 41 homes went under contract, there were 53 completed sales. When comparing other close-by zip codes within the same period, the most came from the 08046 zip code with 48 contracts executed. Months of inventory in the 08054 zip code spiked to four but prices came down, as the median sales price dropped to $193,100.
Comments:

$999K  
08054 is a larger than average zip code in New Jersey with 41,870 residents. Its population is also growing slower than others at a 10-year growth rate of 4.3%. Detached homes account for 50% of the area's current housing market. The top school in the zip code is Kittatinny Reg High School.
Comments:

$329K  
This week in the 08054 zip code market, sales fell to 51 homes sold over the last 30 days, coinciding with an established downward trend in price reductions, with 44 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. The median sales price climbed to $200,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$389K  
The 08054 zip code market closed in on its 12-month sales average this week with 52 homes sold over the last 30 days. To put it in perspective, the close-by 08053 zip code registered 52 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that the median sales price in the 08054 zip code climbed to $197,500 and that there are four months of inventory still available.
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