$235K  
There were 13 home sales in the 08071 zip code market over the last 30 days, while coming close to the 13.2 monthly average for the last 12 months. In comparison, the nearby 08081 zip code had 80 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $152,500 over the latest reporting period for the 08071 zip code, up from $149,500.
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$520K  
The 08071 zip code market broke below its 12-month average sales volume this week as sales fell 35.3% to hit 11 homes sold over the last 30 days. On the other hand, the close-by 08081 zip code registered 75 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08071 zip code, and the median sales price this period increased from $85,000 to $139,000. The 08071 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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The 08071 zip code is a zip code in New Jersey with a median income of $62,050 per household. Besides being less affluent than average, its population is younger than others with a median age of 42 years. The 08071 zip code market is almost exclusively made up of detached houses, which currently account for 92% of the homes for sale in the area. The top school in the zip code is Edgarton Memorial Elementary Sc.
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$192K  
Sales remained at 17 homes sold over the last 30 days in the 08071 zip code market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 34 for the same period. Months of inventory in the 08071 zip code was flat at four but prices came down, as the median sales price dropped dramatically to $85,000.
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$215K  
There were 19 homes sold in the 08071 zip code market over the last 30 days, prolonging an eight-week ascending trend. With a underwhelming 14 contracts executed, the lowest amount since January, that trend could be softening. During the same time frame, 08081 had the most of any other neighboring zip codes with 90 contracts executed. The median sales price dropped to $85,000 over the latest reporting period for the 08071 zip code, down from $90,000. With only three months of inventory to sell, the 08071 zip code is a still seller's market, even after taking into consideration the falling contracts numbers.
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$229K  
The 08071 zip code market was busy in this week's report, as the number of home sales rose 18.8%, pushing the total to 19 homes sold over the last 30 days. To put it in perspective, the close-by 08081 zip code registered 89 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 08071 zip code, and for this period the median sales price slid from $124,950 to $90,000. With only three months of inventory and rising sales, the 08071 zip code is a seller's market.
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$314K  
On top of a 6.7% spike in sales over the last 30 days, the 08071 zip code market extended a six-week hot streak with a total of 16 homes sold in that span. The median sales price rose dramatically to $124,950, up from last week's $64,000. With only three months of inventory and rising sales, the 08071 zip code is a seller's market.
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$159K  
08071 is an average-sized zip code in New Jersey with a population of 9,416 residents. Also, it has a higher than average density with 3,101.9 people per square mile. With an ownership ratio of 70.1%, most people in the 08071 zip code are homeowners. The best school in the zip code is Edgarton Memorial Elementary Sc.
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$314K  
Over the last 30 days, an identifiable upward trend of new sellers coming into the 08071 zip code market continued, with 18 listings in this week's report. Meanwhile, sales have jumped as well, with 15 homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Potential buyers should note that prices are coming down in the 08071 zip code, and for this period the median sales price slid from $137,999 to $64,000. With just three months of inventory available and sales going up, the 08071 zip code is a seller's market.
Comments:

$234K  
The 08071 zip code market got positive news this week as sales rose 9.1% to reach 12 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the 08081 zip code reported 64 home sales, the highest number from all the surrounding zip codes. Months of inventory continued a steady fall, trending downwards for four weeks to reach four months.
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Prudential Fox & Roach, Realtors
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Keller Williams Realty - Washington Township
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Lenny, Vermaat & Leonard, Inc. Realtors Inc
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