$162K  
This week in the 08322 zip code market, sales fell to 14 homes sold over the last 30 days, even as it endures a recent upward trend in price reductions, with 21 reported in the same time frame. 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 rose to $167,500 over the latest reporting period for the 08322 zip code, up from $162,500.
Comments:

$359K  
The number of home sales in the 08322 zip code market spiked 25.0% to 15 homes over the last 30 days. To put it in perspective, the close-by 08081 zip code registered 75 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $162,500 over the latest reporting period for the 08322 zip code, up from $161,200.
Comments:

The 08322 zip code is a zip code in New Jersey with a median income of $69,478 per household. Besides being somewhat affluent, its population is older than others with a median age of 40 years. The 08322 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$126K  
With 12 homes sold in the 08322 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 16 new listings for buyers to choose from. The median sales price dropped to $157,450, down from last week's $164,911. The 08322 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$110K  
The 08322 zip code market is losing sellers, and while sales this week came in at 10 homes sold over the last 30 days, new listings are at the lowest they've been in three months. In comparison, 08081 led all other nearby zip codes with 104 new listings. As new listings were reduced, the median sales price continued to fall for the homes that have sold, trending downwards for four weeks to reach $142,450. In spite of the downturn in new listings, with prices falling and the availability of nine months of inventory, the 08322 zip code is still a definite buyer's market.
Comments:

$650K  
Despite an 8.3% dip in sales over the last 30 days, the 08322 zip code market extended a six-week hot streak with a total of 11 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices are coming down in the 08322 zip code, and for this period the median sales price slid from $166,500 to $160,000. The 08322 zip code is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$359K  
Over the last 30 days, the 08322 zip code market made gains with 12 homes sold, a 9.1% increase from last week's report. To put it in perspective, the close-by 08081 zip code registered 81 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 08322 zip code, and for this period the median sales price slid from $197,000 to $166,500. The 08322 zip code is still a solid buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$199K  
08322 is an average-sized zip code in New Jersey with a population of 10,768 residents. Also, it has a much lower than average density with 393.8 people per square mile. With an ownership ratio of 87.4%, the vast majority of people in the 08322 zip code are homeowners.
Comments:

$429K  
Price reductions have decreased in the 08322 zip code market, reaching a low that hasn't been seen since January. With the market starting to tighten a four-week growth trend was extended this week by the sale of 10 homes. During the same time frame, 08081 had the most of any other neighboring zip codes with 129 price reductions. As the number of sellers reducing price reached a new bottom, months of inventory still continued to fall, trending downwards for four weeks to reach seven months. Despite the downward trend in price reductions, the large amount of inventory indicates that the 08322 zip code is still a strong buyer's market.
Comments:

$650K  
The 08322 zip code market has established a recent upward trend, even as sales remained the same this week at 11 homes over the last 30 days. Prices are falling in the 08322 zip code, and this period the median price of all sales fell from $205,000 to $197,000.
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Keller Williams Realty - Washington Township
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