$102K  
This week in the 08332 zip code market, sales fell to 13 homes sold over the last 30 days, even as it endures a confirmed upward trend in price reductions, with 41 reported in the same time frame. As the number of sellers reducing prices trended up, the median sales price dropped, falling to $60,000, a one-year low. The 08332 zip code is a solid buyer's market, with a big 16 months of inventory to choose from coupled with falling prices.
Comments:

$147K  
08332 is a zip code in New Jersey. It's much less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $49,244 per household and cost of living adjustment score of 101.7. The 08332 zip code is made up of homes that are older than most with a median of 42 years. Topping the list of best schools in the zip code is Rieck Ave.
Comments:

$104K  
The 08332 zip code market is starting to look more attractive. In tandem with sales continuing a three-week negative trend, bringing this week's numbers down to 15 homes sold over the last 30 days, price reductions are also at the highest they've been in three months, with 45 reported over the same period. In comparison, the 08302 zip code had 33 price reductions in the same time frame, the most of all nearby zip codes. A months of inventory number of 13 reported this week continued a four-week upward trend, to go along with the weak sales in the area. The 08332 zip code is still a definite buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$115K  
The 08332 zip code market closed in on its 12-month sales average this week as sales rose 23.1% to reach 16 homes sold over the last 30 days. In comparison, the nearby 08360 zip code had 21 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 08332 zip code, with the median for this period rising from $81,000 to $81,450. The 08332 zip code is still a strong buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:

$154K  
Sales fell to 11 homes sold over the last 30 days in the 08332 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 35 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. Prices are falling in the 08332 zip code, and this period the median price of all sales fell from $115,000 to $81,000. The 08332 zip code is a strong buyer's market, due to a big 18 months of inventory left and aided by the dip in sales.
Comments:

$449K  
In this week's report, the number of homes sold in the 08332 zip code market slid to 11 over the past 30 days, a decrease of 26.7% from last week's report. Within the same time frame, the 08360 zip code had 17 sales, the most of all zip codes in the area. The median sales price in the 08332 zip code stayed put this week at $130,000. The 08332 zip code is a strong buyer's market, thanks to a big 18 months of inventory to choose from and a pullback in sales.
Comments:

$115K  
In this week's report, the number of homes sold in the 08332 zip code market slid to 14 over the past 30 days, a decrease of 17.6% from last week's report. Meanwhile, the 08360 zip code reported 16 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 08332 zip code, and the median sales price this period increased from $130,000 to $134,950. The 08332 zip code is a solid buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$175K  
08332 is a larger than average zip code in New Jersey with 37,193 residents. Also, it has seen a 7.2% increase in population over the last 10 years. With an ownership ratio of 62.3%, most people in the 08332 zip code are homeowners. The top school in the zip code is Rieck Ave.
Comments:

$115K  
In this week's report, the number of homes sold in the 08332 zip code market dropped to 17 over the past 30 days. It marked a decrease of 15.0% from last week's report and a fall below the monthly average. Meanwhile, the 08360 zip code reported 16 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $130,000 over the latest reporting period for the 08332 zip code, down from $134,950. With decreasing sales and the availability of 11 months of inventory, the 08332 zip code is a solid buyer's market.
Comments:

$153K  
In this week's report, the number of homes sold in the 08332 zip code market fell to 15 over the past 30 days. It marked a decrease of 21.1% from last week's report and a fall below the monthly average. Meanwhile, the 08360 zip code reported 18 home sales, the highest number from all the surrounding zip codes. Pricing in the 08332 zip code remains consistent from last week to this week, with the median sales price at $116,875 again. With decreasing sales and the availability of 12 months of inventory, the 08332 zip code is a definite buyer's market.
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Coldwell Banker Excel Realty
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