$529K  
The 08108 zip code market has established an emerging upward trend, reiterated this week as sales rose 3.4% to 30 homes over the last 30 days. While sales numbers were strong, the median sales price of those homes came in at $249,000, which extended a price upswing to eight weeks.
Comments:

The 08108 zip code is younger than the rest of New Jersey, with a median age of 41. It's less affluent than average as well, with a median income of $61,088 per household. The 08108 zip code market is primarily made up of detached homes, currently accounting for 72% overall. The top school in the zip code is Cold Springs School.
Comments:

$349K  
The 08108 zip code market slowed this week but was still better than normal as sales slid 6.5% to 29 homes sold over the last 30 days. Within the same time frame, the 08109 zip code had 35 sales, the most of all zip codes in the area. Potential buyers should note that there are now four months of inventory available in the 08108 zip code and prices have come down. The median sales price dropped to $241,000.
Comments:

$589K  
The number of home sales in the 08108 zip code market spiked 29.2% to 31 homes over the last 30 days, exceeding the 24.5 monthly average for the last 12 months. At the same time, the 08109 zip code reported 33 home sales, the highest number from all the surrounding zip codes. The median sales price has been increasing as it hit $241,000, extending a four-week long spike.
Comments:

$319K  
The 08108 zip code market closed in on its 12-month sales average this week with 24 homes sold over the last 30 days. At the same time, the 08109 zip code reported 35 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 08108 zip code, and the median sales price this period increased from $187,500 to $211,950.
Comments:

$259K  
The 08108 zip code market pulled back with a 4.3% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 23.7 monthly average with 22 homes sold. Within the same time frame, the 08109 zip code had 31 sales, the most of all zip codes in the area. The median sales price rose to $188,700 over the latest reporting period for the 08108 zip code, up from $187,500.
Comments:

$145K  
08108 is a larger than average zip code in New Jersey with a population of 17,622 residents. Also, it has a much higher than average density with 6,927.2 people per square mile. The 08108 zip code is an area where most people own their homes, with an ownership ratio of 63.5%. The top school in the zip code is Cold Springs School.
Comments:

$145K  
Sales in the 08108 zip code market fell to 24 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 36, which continues a pronounced upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price in the 08108 zip code climbed to $186,750 while months of inventory was flat at four.
Comments:

$589K  
Despite holding steady in sales this week, the 08108 zip code market extended a three-week hot streak with a total of 25 homes sold over the last 30 days. Potential buyers should take note that the median sales price in the 08108 zip code stayed flat at $167,000 and that there are four months of inventory still available.
Comments:

$405K  
Over the last 30 days, sales in the 08108 zip code market fell to 22. However, the number of pending transactions continued to improve, reaching a total of 38 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices went up in the 08108 zip code, with the median for this period rising from $167,000 to $169,175.
Comments:
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