$350K  
The 08080 zip code market looked solid this week as sales rose 14.9% to reach 54 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 67 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08080 zip code, and this period the median price of all sales fell from $255,000 to $215,000. The 08080 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

With 39,250 residents, 08080 is a larger than average zip code in New Jersey. Also, with a 4.8% increase over the last 10 years, its population is growing faster than other parts of the state. The 08080 zip code market primarily consists of detached houses, accounting for 79% of the current homes in the area. Heading the list of top schools in the zip code is Chews.
Comments:

$1.1M  
Sales fell in the 08080 zip code market to 44 homes sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to 47. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $255,500 continued a four-week upswing. Despite the rising prices, the downward trend in contracts numbers and a large eight months of inventory to work through highlight the fact that the 08080 zip code is still a solid buyer's market.
Comments:

$350K  
There were 56 homes sold in the 08080 zip code market over the last 30 days, but 49 contracts were executed. This marks the lowest amount since January, and could be a sign that the market is nearing a bottom. In comparison, the 08081 zip code had 84 contracts executed in the same time frame, the most of all nearby zip codes. Prices are rising in the 08080 zip code, and the median sales price this period increased from $244,000 to $271,000.
Comments:

$365K  
The 08080 zip code market pulled back with a 14.9% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (47.5) with 63 homes sold. Meanwhile, the 08081 zip code reported 79 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08080 zip code, and this period the median price of all sales fell from $248,750 to $244,000.
Comments:

$799K  
Sales fell in the 08080 zip code market to 73 homes sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to 41. A months of inventory number of five reported this week continued a four-week downward trend, even with the weak contracts numbers in the area.
Comments:

$116K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the 08080 zip code market continued, with 76 listings in this week's report. Meanwhile, sales rose, with 74 homes selling during the same period. The median sales price rose to $235,120, and there are a fairly average four months of inventory left to be sold.
Comments:

08080 is a zip code in New Jersey, and is affluent with a median income of $83,881 per household. It's younger than the rest of the state, with a median age of 41. With an ownership ratio of 86.7%, the vast majority of people in the 08080 zip code are homeowners. Heading the list of top schools in the zip code is Chews.
Comments:

$339K  
The 08080 zip code market slowed this week but was still better than normal as sales fell to 66 homes sold over the last 30 days. Within the same time frame, the 08081 zip code had 62 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 08080 zip code, with the median for this period rising from $222,000 to $227,450.
Comments:

$847K  
The 08080 zip code market made strides in this week's report, as the number of home sales climbed 12.1%, pushing the total to 65 homes sold over the last 30 days. In comparison, the nearby 08081 zip code had 59 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 08080 zip code, with the median for this period rising from $202,500 to $222,000.
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