$119K  
The 08059 zip code market closed in on its 12-month sales average this week as sales rose 16.7% to reach seven homes sold over the last 30 days. To put it in perspective, the close-by 19148 zip code registered 68 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $154,900, up from last week's $118,750. Even after the uptick in sales, an elevated nine months of inventory tells us that the 08059 zip code is still a definite buyer's market.
Comments:

08059 is a zip code in New Jersey. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $55,464 per household and cost of living adjustment score of 104.6. The 08059 zip code is made up of homes that are considered older than most with a median of 59 years. Topping the list of best schools in the zip code is Berlin Community.
Comments:

$184K  
With six homes sold in the 08059 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 13 new listings for buyers to choose from. Pricing in the 08059 zip code remains consistent from last week to this week, with the median sales price at $118,750 again. Along with flat sales, a relatively high 11 months of inventory indicates that the 08059 zip code is a definite buyer's market.
Comments:

$359K  
The 08059 zip code market saw six homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to eight over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. While contracts numbers were weak, the median sales price of those homes came in at $130,525, which extended a price upswing to eight weeks. The 08059 zip code is still a strong buyer's market, despite the rising prices, with nine months of inventory to choose from on top of the downward trend in contracts.
Comments:

$199K  
With a pronounced upward trend of new sellers listing homes, including 22 over the last 30 days, and sales that remained the same at 14 in that same time frame, the 08059 zip code market will be steady. The median sales price dropped to $121,250 over the latest reporting period for the 08059 zip code, down from $131,775.
Comments:

With 5,566 residents, 08059 is a smaller-than-average zip code in New Jersey. Also, with a 3.2% increase over the last 10 years, its population is growing slower than other parts of the state. The 08059 zip code market almost exclusively consists of detached houses, accounting for 98% of the current homes in the area. The top school in the zip code is Berlin Community.
Comments:

$329K  
With 14 homes sold in the 08059 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 19 new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 08059 zip code, coming in at $131,775.
Comments:

$359K  
The number of home sales in the 08059 zip code market shot up 27.3% to 14 homes over the last 30 days. At the same time, the 19148 zip code reported 57 home sales, the highest number from all the surrounding zip codes. Prices were able to find a top with the average selling price rising to $131,775, a three-month high.
Comments:

$364K  
With a solid upward trend of new sellers listing homes, including 19 over the last 30 days, and sales that have risen to 11 in that same time frame, the 08059 zip code market will be heating up. As more new listings came into the market, prices have been increasing. The median sales price hit $110,000, extending a four-week long spike.
Comments:

$134K  
Sales in the 08059 zip code market remained flat at six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 21, which continues an emerging upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in the 08059 zip code, and the median sales price this period increased from $88,500 to $123,000. The 08059 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:
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