$149K  
Over the last 30 days, the number of homes sold in the 08071 zip code rose to eight. While the sales increased, the amount of pending transactions also trended upward, reaching a total of 15 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions 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 $130,000 to $113,500. Even with the rising contracts, with seven months of inventory available, the 08071 zip code is a still definite buyer's market.
Comments:

$149K  
The 08071 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings fell to 13. Pricing in the 08071 zip code remains consistent from last week to this week, with the median sales price at $130,000 again. The 08071 zip code is a solid buyer's market, thanks to a big 26 months of inventory to choose from and the flat sales.
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$108K  
Over the last 30 days, two homes were sold in the 08071 zip code market, holding even with last week's numbers. However, the market is still in a new downward trend overall. Prices are falling in the 08071 zip code, and this period the median price of all sales fell from $133,000 to $130,000. The 08071 zip code is a definite buyer's market with 30 months of inventory to choose from, aided by the downturn in sales.
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$149K  
November was the last time there were so many price reductions in the 08071 zip code market, with 18 reported over the last 30 days. The market also had two homes change hands. During the same time frame, 08081 had the most price reductions of any other neighboring zip codes with 131. Even as the number of sellers reducing price hit a top, months of inventory continued to climb, trending upwards for nearly three months to reach 30 months. The 08071 zip code is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$137K  
The 08071 zip code market stayed soft this week as sales slid 20.0% to land at four homes sold over the last 30 days. In comparison, the nearby 08081 zip code had 49 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $167,000, up from last week's $156,000. The 08071 zip code is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
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$255K  
With 9,416 residents, 08071 is an average-sized zip code in New Jersey. Also, with 3,101.9 people per square mile, it has a higher than average density in comparison to other parts of the state. With an ownership ratio of 70.1%, most people in the 08071 zip code are homeowners. Topping the list of best schools in the zip code is Edgarton Memorial Elementary Sc.
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$255K  
The 08071 zip code market remained cold this week as sales fell 37.5% to land at five homes sold over the last 30 days. In comparison, the nearby 08081 zip code had 55 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $156,000 over the latest reporting period for the 08071 zip code, down from $167,000. The 08071 zip code is a definite buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:

$179K  
Over the last 30 days, a new upward trend of new sellers coming into the 08071 zip code market continued, with 12 listings in this week's report. Meanwhile, sales have fallen, with eight 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. Perhaps due to the new listing numbers, months of inventory is on an eight-week upswing, this week hitting eight months. Along with the slip in sales, the higher-than-normal inventory indicates that the 08071 zip code is a solid buyer's market.
Comments:

$295K  
The 08071 zip code market looked solid in this week's report, as the number of home sales rose 12.5%, pushing the total to nine homes sold over the last 30 days. At the same time, the 08081 zip code reported 52 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $178,000 over the latest reporting period for the 08071 zip code, up from $161,250. The 08071 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$599K  
With home sales in the 08071 zip code market already below average, in this week's report they dropped 20.0% to eight homes sold over the last 30 days. On the other hand, the close-by 08081 zip code registered 56 homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to rise, trending upwards for four weeks to reach $161,250. Along with the slip in sales, a relatively high eight months of inventory indicates that the 08071 zip code is a definite buyer's market.
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