$205K  
A nine-week downturn was extended after the 08055 zip code market recorded 21 home sales over the last 30 days. Also, a record number 68 new listings were posted, the highest since August. In comparison, the 08054 zip code had 105 new listings in the same time frame, the most of all nearby zip codes. Prices are rising in the 08055 zip code, and the median sales price this period increased from $266,000 to $272,000. The 08055 zip code is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$3M  
The population of the 08055 zip code is very affluent compared to others in New Jersey with a median income of $99,238 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 139.5. The 08055 zip code is made up of homes that are considered relatively old with a median of 33 years. Topping the list of best schools in the zip code is South Valley.
Comments:

$119K  
Sales in the 08055 zip code market fell to 22 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 24, which continues a recent upward trend in price reductions. As might be expected, as the number of sellers reducing price trended higher, the median sales price continued to fall, trending downwards for eight weeks to reach $266,000. The 08055 zip code is a definite buyer's market, due to falling prices and a large seven months of inventory left.
Comments:

$350K  
The 08055 zip code market showed signs of life this week as sales climbed 20.0% to hit 24 homes sold over the last 30 days. Within the same time frame, the 08054 zip code had 56 sales, the most of all zip codes in the area. Months of inventory is on a four-week upswing, this week hitting six months.
Comments:

$750K  
With 20 homes sold in the 08055 zip code market over the last 30 days, we see no change from last week's numbers. However, 37 new listings came into the market. Prices are falling in the 08055 zip code, and this period the median price of all sales fell from $325,000 to $302,500. The 08055 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

$1.4M  
The 08055 zip code market saw 26 homes go under contract and failed to break out of a solid downward trend. Along with that, total home sales fell to 19 over the last 30 days. The median sales price of all transactions in the 08055 zip code did not budge this week, remaining at $335,000. A downturn in contracts, coupled with the availability of seven months of inventory, prove that the 08055 zip code is a definite buyer's market.
Comments:

$103K  
The 08055 zip code market remained cool this week as sales dropped 16.7% to land at 20 homes sold over the last 30 days. Meanwhile, the 08054 zip code reported 44 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $335,000 continued a four-week downward trend. Along with the falling prices, the relatively large seven months of inventory means that the 08055 zip code is a definite buyer's market.
Comments:

$279K  
08055 is a larger than average zip code in New Jersey with 27,545 residents. Its population is also growing slower than others at a 10-year growth rate of 3.5%. The 08055 zip code is an area where the vast majority of people own their homes, with an ownership ratio of 83.6%. The top school in the zip code is South Valley.
Comments:

$279K  
Over the last 30 days, a budding downward trend of new sellers coming into the 08055 zip code market continued, with 20 listings in this week's report. Meanwhile, sales fell, with 22 homes selling during the same period. Potential buyers should note that prices went up in the 08055 zip code, with the median for this period rising from $270,000 to $302,500. With decreasing sales and the availability of seven months of inventory, the 08055 zip code is a definite buyer's market.
Comments:

$435K  
Sales fell to 22 homes sold in the 08055 zip code market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with 24 completed in the same period. Prices are falling in the 08055 zip code, and this period the median price of all sales fell from $312,553 to $268,750.
Comments:
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