$189K  
Home sales inched up to eight homes sold over the last 30 days, providing good news to the 08302 zip code market. That may continue, due to a six-week upward trend for contracts, with 18 in the same time frame. The median sales price climbed to $65,050, up from last week's $65,000. Despite the rising contracts trend, with 21 months of inventory to work through, the 08302 zip code is a still definite buyer's market.
Comments:

$219K  
The 08302 zip code market showed signs of life in this week's report, as the number of home sales climbed 20.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, the 08360 zip code had 21 sales, the most of all zip codes in the area. A months of inventory number of 26 reported this week continued a 12-week upward trend. Despite the uptick in sales, the large amount of remaining inventory indicates that the 08302 zip code is still a definite buyer's market.
Comments:

$650K  
The 08302 zip code market is starting to look more attractive. In tandem with sales continuing a 10-week negative trend, bringing this week's numbers down to five homes sold over the last 30 days, price reductions are also at the highest they've been in three months, with 34 reported over the same period. During the same time frame, 08332 had the most price reductions of any other neighboring zip codes with 35. Potential buyers should note that prices are coming down in the 08302 zip code, and for this period the median sales price slid from $44,500 to $35,000. With decreasing sales and the availability of 32 months of inventory, the 08302 zip code is a definite buyer's market.
Comments:

$102K  
Over the last 30 days, 10 homes were sold in the 08302 zip code market, down 28.6%. Additionally, the market is still in a pronounced downward trend overall. All indications show that the trend should continue, meaning less sales over the next few weeks. Prices are falling in the 08302 zip code, and this period the median price of all sales fell from $119,500 to $44,500. The 08302 zip code is a definite buyer's market, due to a downward trend in sales numbers and 15 months of inventory remaining.
Comments:

$125K  
Home sales in the 08302 zip code market remained cold in this week's report as they slid 17.6% to 14 homes sold over the last 30 days. On the other hand, the close-by 08360 zip code registered 16 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $119,500 over the latest reporting period for the 08302 zip code, down from $149,000. The 08302 zip code is a definite buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$210K  
08302 is a larger than average zip code in New Jersey that has seen a 6.5% increase in population over the last 10 years. It also has a total population of 48,273. The 08302 zip code is made up of homes that are considered older than most with a median of 49 years. Heading the list of top schools in the zip code is Plush Elementary School.
Comments:

$120K  
The 08302 zip code market remained cold this week as sales fell 12.5% to land at 14 homes sold over the last 30 days. Meanwhile, the 08332 zip code reported 17 home sales, the highest number from all the surrounding zip codes. Months of inventory continued a steady rise, trending upwards for eight weeks to reach 11 months. The 08302 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$103K  
On top of a 7.1% dip in sales numbers this week to land at 13 homes sold over the last 30 days, the 08302 zip code market still shows an established trend downward overall. The median sales price remained unchanged over the latest reporting period for the 08302 zip code, coming in at $170,000. With a downward trend in sales numbers and 12 months of inventory still left to work through, the 08302 zip code is a strong buyer's market.
Comments:

$125K  
The 08302 zip code market remained sluggish this week as sales slid 18.8% to land at 13 homes sold over the last 30 days. On the other hand, the close-by 08360 zip code registered 18 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 08302 zip code, and the median sales price this period increased from $109,950 to $170,000. The 08302 zip code is a solid buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
Comments:

$399K  
In this week's report, the number of homes sold in the 08302 zip code market slid to 16 over the past 30 days, a decrease of 20.0% from last week's report. In comparison, the nearby 08360 zip code had 17 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 08302 zip code, and this period the median price of all sales fell from $122,500 to $109,950. The 08302 zip code is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:
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