$229K  
With a determined downward trend in sellers reducing price, including six markdowns over the last 30 days, sales in the 08089 zip code market remained the same with four over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 08089 zip code, and for this period the median sales price slid from $143,750 to $123,700. With no movement in sales and the availability of 10 months of inventory, the 08089 zip code is a strong buyer's market.
Comments:

$115K  
Sales numbers in the 08089 zip code market remain the same with three homes sold over the last 30 days and the market still shows a confirmed trend downward overall. The median sales price remained unchanged over the latest reporting period for the 08089 zip code, coming in at $140,000. The 08089 zip code is a strong buyer's market, due to a downward trend in sales numbers and 13 months of inventory remaining.
Comments:

$229K  
The number of homes coming into the 08089 zip code market fell to five listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 08089 zip code, coming in at $145,000. The 08089 zip code is a definite buyer's market, due to a big 20 months of inventory left and aided by the flat sales.
Comments:

$229K  
Over the past 30 days, there have been fewer price cuts in the 08089 zip code market, continuing a three-week declining trend to land at seven. However, home sales remained flat with two over the same period. Prices are falling in the 08089 zip code, and this period the median price of all sales fell from $162,500 to $145,000. The 08089 zip code is a solid buyer's market, thanks to a big 20 months of inventory to choose from and the flat sales.
Comments:

$229K  
The 08089 zip code is a zip code in New Jersey with a median income of $62,993 per household. Besides being less affluent than average, its population is much younger than others with a median age of 44 years. Detached homes account for 100% of the area's current housing market. The best school in the zip code is William P Tatem.
Comments:

$155K  
Over the last 30 days, a recent upward trend of new sellers coming into the 08089 zip code market continued, with seven listings in this week's report. Meanwhile, sales have fallen, with two 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. The median sales price dropped to $162,500 over the latest reporting period for the 08089 zip code, down from $168,500. The 08089 zip code is a definite buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$327K  
In this week's report, the number of homes sold in the 08089 zip code market tumbled to four over the past 30 days, a decrease of 42.9% from last week's report, but still above the monthly average. On the other hand, the close-by 08081 zip code registered 55 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08089 zip code, and the median sales price this period increased from $152,000 to $168,500. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 08089 zip code is a strong buyer's market.
Comments:

$275K  
The 08089 zip code market saw sales remain flat this week with six homes sold over the last 30 days, while new listings climbed to eight. The median sales price in the 08089 zip code stayed put this week at $136,000.
Comments:

$282K  
The number of sellers who put their homes up for sale in the 08089 zip code market over the last 30 days remained flat this week at six. Home sales also remained unchanged from the prior period and once again six homes were sold. Prices are rising in the 08089 zip code, and the median sales price this period increased from $135,000 to $136,000.
Comments:

$377K  
The number of home sales in the 08089 zip code market rocketed 100.0% to six homes over the last 30 days, exceeding the 3.3 monthly average for the last 12 months. At the same time, the 08081 zip code reported 56 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $135,000 over the latest reporting period for the 08089 zip code, up from $120,000. The 08089 zip code is still a solid buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
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Weichert, REALTORS
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