$189K  
The 08344 zip code market saw sales remain flat this week with five homes sold over the last 30 days, while new listings shot up to 15. The median sales price remained unchanged over the latest reporting period for the 08344 zip code, coming in at $122,000. The 08344 zip code is a strong buyer's market, due to a big eight months of inventory left and aided by the flat sales.
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$259K  
Over the last 30 days, the number of homes sold in the 08344 zip code ticked up to five. While the sales increased, the amount of pending transactions also trended upward, reaching a total of eight during the same period. The median sales price dropped to $122,000, down from last week's $138,450. Despite the rising contracts trend, with seven months of inventory to work through, the 08344 zip code is a still definite buyer's market.
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$535K  
The population of the 08344 zip code is shrinking slower than the rest of New Jersey, at a 10-year growth rate of -2.4%. It's a smaller-than-average zip code compared to the rest of the state, with 5,458 residents. With a median age of 39 years, homes in the 08344 zip code tend to be relatively old. Heading the list of top schools in the zip code is Marine Academy Sci & Tech.
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$444K  
There were four home sales in the 08344 zip code market over the last 30 days. At the same time, the 08094 zip code reported 29 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 08344 zip code, and for this period the median sales price slid from $201,450 to $138,450. The 08344 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
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$101K  
A nine-week rough patch for the overall sales trend continues in the 08344 zip code market. Also, the actual number of sales dropped 33.3% over the last 30 days to land at two. Potential buyers should note that prices went up in the 08344 zip code, with the median for this period rising from $160,000 to $201,450. The 08344 zip code is a definite buyer's market, due to a downward trend in sales numbers and 18 months of inventory remaining.
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$279K  
The number of sellers reducing prices in the 08344 zip code market trended up to 13 over the last 30 days, extending a three-week streak. During the same period, two sales were completed. While the number of sellers reducing prices were solid, months of inventory hit 16, extending an upward trend to eight weeks. Along with the slip in sales, the higher-than-normal inventory indicates that the 08344 zip code is a strong buyer's market.
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$298K  
The 08344 zip code market remained slow with two homes sold in the last 30 days, a 33.3% sales drop. Within the same time frame, the 08094 zip code had 30 sales, the most of all zip codes in the area. The median sales price rose to $167,500, up from last week's $160,000. The 08344 zip code is a solid buyer's market, due to a big 18 months of inventory left and aided by the dip in sales.
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$114K  
A six-week downturn in sales was extended when the 08344 zip code market saw three more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since October at 12. In comparison, 08094 led all other nearby zip codes with 73 price reductions. The median sales price dropped to $160,000 over the latest reporting period for the 08344 zip code, down from $167,500. A downturn in sales, coupled with the availability of 12 months of inventory, prove that the 08344 zip code is a definite buyer's market.
Comments:

$562K  
08344 is a zip code in New Jersey, and is less affluent than average with a median income of $60,962 per household. It's younger than the rest of the state, with a median age of 41. Keep in mind, the vast majority of people in the 08344 zip code own their homes, with an 80.1% ownership ratio. The best school in the zip code is Marine Academy Sci & Tech.
Comments:

$562K  
Over the last 30 days, the 08344 zip code market had a decrease in home sales with four. Furthermore, the amount of pending transactions continued to decline, with a total of three contracts during the same period. However, as contracts trended down, the median sales price climbed, hitting a three-month high at $167,500. Even with prices on the rise, the downturn in contracts and the availability of nine months of inventory prove that the 08344 zip code is still a definite buyer's market.
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