$103K  
The 08088 zip code market may be experiencing a prolonged pullback as sales slumped again this week by 7.1% to 39 homes sold over the last 30 days. Potential buyers should note that prices are coming down in the 08088 zip code, and for this period the median sales price slid from $204,950 to $185,000.
Comments:

$174K  
The 08088 zip code market looked solid in this week's report, as the number of home sales climbed 10.5%, pushing the total to 42 homes sold over the last 30 days. In comparison, the nearby 08055 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $204,950, up from last week's $190,000.
Comments:

$169K  
Over the last 30 days, a pronounced downward trend of new sellers coming into the 08088 zip code market continued, with 49 listings in this week's report. Meanwhile, sales fell, with 35 homes selling during the same period. The median sales price dropped dramatically to $175,000, down from last week's $288,000. The 08088 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$448K  
A dip in the number of pending transactions in the 08088 zip code market over the last 30 days resulted in the lowest amount since January. While 39 homes went under contract, there were 42 completed sales. During the same time frame, 08055 had the most of any other neighboring zip codes with 31 contracts executed. The median sales price rose dramatically to $281,500 over the latest reporting period for the 08088 zip code, up from $170,000.
Comments:

$448K  
There were 44 homes sold in the 08088 zip code market over the last 30 days, but 35 contracts were executed. This marks the lowest amount since January, and could be a sign that the market is approaching a low. In comparison, the 08055 zip code had 31 contracts executed in the same time frame, the most of all nearby zip codes. The median sales price rose to $170,000, up from last week's $168,000.
Comments:

08088 is a larger than average zip code in New Jersey with 24,799 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 1.0%. The 08088 zip code market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area. The best school in the zip code is Pine Acres Early Childhd.
Comments:

$550K  
With a solid downward trend of new sellers listing homes, including 57 over the last 30 days, and sales that fell to 52 in that same time frame, the 08088 zip code market will be slowing down. The median sales price of all transactions in the 08088 zip code did not budge this week, remaining at $171,000.
Comments:

$3.4M  
A dip in the number of pending transactions in the 08088 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. However, while 45 homes went under contract, there were 63 completed sales, extending a three-week upward trend. In comparison, the 08055 zip code had 33 contracts executed in the same time frame, the most of all nearby zip codes. A months of inventory number of four reported this week continued a four-week downward trend, likely due to the strong contracts numbers in the area.
Comments:

$315K  
The 08088 zip code market slowed this week but was still better than normal as sales fell to 64 homes sold over the last 30 days. In comparison, the nearby 08055 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 08088 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $168,000 this week.
Comments:

$2.4M  
Sales rose to 64 homes sold over the last 30 days in the 08088 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 69 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should take note that prices are coming down in the 08088 zip code, with the median sales price dropped to $177,625. Inventory is also shrinking, now down to four months worth still available.
Comments:
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