$224K  
The 08075 zip code market remained cold this week with 21 homes sold over the last 30 days. In comparison, the nearby 08054 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 08075 zip code, and this period the median price of all sales fell from $182,550 to $180,100. Along with the slip in sales, a relatively high eight months of inventory indicates that the 08075 zip code is a definite buyer's market.
Comments:

$179K  
08075 is a larger than average zip code in New Jersey with a population of 29,065 residents. Also, it has a higher than average density with 2,697.8 people per square mile. The 08075 zip code is an area where most people own their homes, with an ownership ratio of 71.3%.
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$485K  
The 08075 zip code market saw sales remain steady this week at 20 homes sold over the last 30 days, but this could change due to a recent upward trend in price reductions, with 41 reported in the same time frame. As the number of sellers reducing prices trended higher, prices found a top, with the average selling price rising to $182,550, a three-month high. Along with flat sales, a relatively high eight months of inventory indicates that the 08075 zip code is a strong buyer's market.
Comments:

$294K  
The 08075 zip code market reported positive news this week as sales climbed 38.5% to hit 18 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. Prices are rising in the 08075 zip code, and the median sales price this period increased from $160,000 to $169,950. The 08075 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$229K  
The 08075 zip code market remained cool this week as sales fell 33.3% to land at 12 homes sold over the last 30 days. Within the same time frame, the 08054 zip code had 43 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08075 zip code, and for this period the median sales price slid from $148,500 to $140,000. Along with the slip in sales, a relatively high 13 months of inventory indicates that the 08075 zip code is a strong buyer's market.
Comments:

$179K  
The 08075 zip code market reported positive news this week as sales climbed 12.5% to hit 18 homes sold over the last 30 days. In comparison, the nearby 08054 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. Months of inventory hit nine this period, extending an upward trend to four weeks. Despite the uptick in sales, the large amount of remaining inventory indicates that the 08075 zip code is still a solid buyer's market.
Comments:

$549K  
The 08075 zip code market saw 25 homes go under contract and failed to break out of a pronounced downward trend. Along with that, total home sales fell to 15 over the last 30 days. The median sales price dropped to $140,000 over the latest reporting period for the 08075 zip code, down from $157,000. A downturn in contracts, coupled with the availability of 11 months of inventory, prove that the 08075 zip code is a definite buyer's market.
Comments:

$179K  
The 08075 zip code has a cost of living adjustment score of 112.8, which is much less expensive when compared to others in New Jersey. Also, the area is considered less affluent than average with a median income of $66,586 per household. Homes in the 08075 zip code are older than most with a median age of 43 years.
Comments:

$299K  
The 08075 zip code market stayed sluggish with 19 homes sold in the last 30 days, a 13.6% sales drop. In comparison, the nearby 08054 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $157,000 over the latest reporting period for the 08075 zip code, down from $179,500. The 08075 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$179K  
The 08075 zip code market pulled back with an 11.5% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 30.0 monthly average with 23 homes sold. On the other hand, the close-by 08054 zip code registered 51 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08075 zip code, and the median sales price this period increased from $153,750 to $202,000. The 08075 zip code is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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