$649K  
The 08079 zip code market saw sales remain flat this week with eight homes sold over the last 30 days, while new listings climbed to 25. Prices are falling in the 08079 zip code, and this period the median price of all sales fell from $55,000 to $41,400. Along with flat sales, a relatively high 24 months of inventory indicates that the 08079 zip code is a definite buyer's market.
Comments:

With 11,420 residents, 08079 is an average-sized zip code in New Jersey. Also, with 105.9 people per square mile, it has a much lower than average density in comparison to other parts of the state. With an ownership ratio of 53.8%, most people in the 08079 zip code are homeowners. The top schools in the zip code are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:

$649K  
With an identifiable downward trend of new sellers listing homes, including 23 over the last 30 days, and sales that fell to six in that same time frame, the 08079 zip code market will be slowing down. The median sales price jumped to $54,400 over the latest reporting period for the 08079 zip code, up from $40,800. The 08079 zip code is a definite buyer's market, due to a big 32 months of inventory left and aided by the dip in sales.
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$207K  
While home sales in the 08079 zip code market have been above average, in this week's report they fell 20.0% to eight homes sold over the last 30 days. In comparison, the nearby 19709 zip code had 43 sales in the same time frame, the most of all neighboring zip codes. Pricing in the 08079 zip code remains consistent from last week to this week, with the median sales price at $68,000 again. With decreasing sales and the availability of 24 months of inventory, the 08079 zip code is a solid buyer's market.
Comments:

$1.3M  
Despite holding steady in sales this week, the 08079 zip code market extended a six-week hot streak with a total of nine homes sold over the last 30 days. Prices are rising in the 08079 zip code, and the median sales price this period increased from $63,000 to $68,000. Along with flat sales, a relatively high 21 months of inventory indicates that the 08079 zip code is a strong buyer's market.
Comments:

$309K  
The number of home sales in the 08079 zip code market climbed 12.5% to nine homes over the last 30 days. Within the same time frame, the 19709 zip code had 42 sales, the most of all zip codes in the area. Prices are falling in the 08079 zip code, and this period the median price of all sales fell from $72,250 to $63,000. Even after the uptick in sales, an elevated 21 months of inventory tells us that the 08079 zip code is still a solid buyer's market.
Comments:

08079 is a zip code in New Jersey. It's much 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 $47,251 per household and cost of living adjustment score of 98.1. The 08079 zip code is made up of homes that are older than most with a median of 55 years. Leading the list of top schools in the zip code are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:

$1.3M  
This week saw another record in a four-week trend in sales growth for the 08079 zip code market. It resulted in eight homes selling over 30 days, which is a 33.3% spike from last week's number and also the highest amount since January. In comparison, the 19709 zip code had 35 sales in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices went up in the 08079 zip code, with the median for this period rising from $64,750 to $72,250. Despite the rising sales trend, with 20 months of inventory to work through, the 08079 zip code is a still definite buyer's market.
Comments:

$1.3M  
Over the last 30 days, an established upward sales trend continued in the 08079 zip code market, extended as sales rose to five this week. With the trend projected to continue over the next few weeks, sales are expected to rise even further. As sales trended higher, the median sales price fell in response, trending downwards for four weeks to reach $48,000. Despite the rising sales trend, prices are falling, and with 30 months of inventory to work through, the 08079 zip code is still a strong buyer's market.
Comments:

$185K  
The number of sellers reducing prices in the 08079 zip code market trended up to 20 over the last 30 days, extending a six-week streak. During the same period, three sales were completed. The median sales price jumped to $48,000, up from last week's $12,000. The 08079 zip code is a definite buyer's market, due to a big 48 months of inventory left and aided by the dip in sales.
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