$750K  
The 08515 zip code market got good news this week as sales rose 20.0% to reach six homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, the 19067 zip code had 38 sales, the most of all zip codes in the area. The median sales price dropped to $385,750 over the latest reporting period for the 08515 zip code, down from $399,000. Even after the uptick in sales, an elevated seven months of inventory tells us that the 08515 zip code is still a strong buyer's market.
Comments:

$750K  
The 08515 zip code market pulled back with a 16.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 5.3 monthly average with five homes sold. Within the same time frame, the 19067 zip code had 36 sales, the most of all zip codes in the area. The median sales price climbed to $392,500, up from last week's $382,500. The 08515 zip code is a strong buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$389K  
08515 is a zip code that is growing slower than others in New Jersey at a 10-year growth rate of 81.8%. It also has a smaller-than-average population of 4,856 people. With a median age of 24 years, homes in the 08515 zip code tend to be of moderate age. The best school in the zip code is Melvin H Kreps School.
Comments:

$2.2M  
Over the last 30 days, the 08515 zip code market looked solid with six homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 19067 zip code had 35 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 08515 zip code, and for this period the median sales price slid from $392,500 to $382,500. The 08515 zip code is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$275K  
The 08515 zip code market is slumping, and while sales this week came in at three homes sold over the last 30 days, new listings are at the highest they've been in three months. When comparing other close-by zip codes within the same period, the most came from the 19067 zip code with 51 new listings. The median sales price rose dramatically to $392,500, up from last week's $244,750. The rise in new listings and high 15 months of remaining inventory tell us the 08515 zip code is a definite buyer's market.
Comments:

$750K  
Sales fell in the 08515 zip code market to two homes sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to three. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in the 08515 zip code, and this period the median price of all sales fell from $321,500 to $244,750. A downturn in contracts, coupled with the availability of 22 months of inventory, prove that the 08515 zip code is a definite buyer's market.
Comments:

$125K  
With four homes sold in the 08515 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with six new listings for buyers to choose from. Potential buyers should note that prices are coming down in the 08515 zip code, and for this period the median sales price slid from $365,000 to $321,500. Along with flat sales, a relatively high 10 months of inventory indicates that the 08515 zip code is a definite buyer's market.
Comments:

$475K  
The 08515 zip code market saw sales remain flat this week with four homes sold over the last 30 days, while new listings rose to six. Pricing in the 08515 zip code remains consistent from last week to this week, with the median sales price at $365,000 again. Along with flat sales, a relatively high 11 months of inventory indicates that the 08515 zip code is a strong buyer's market.
Comments:

$125K  
08515 is a zip code in New Jersey, and is very affluent with a median income of $101,634 per household. It's much older than the rest of the state, with a median age of 37. It should be noted that at 90.7%, the vast majority of people own their homes in the 08515 zip code. Topping the list of best schools in the zip code is Melvin H Kreps School.
Comments:

$750K  
Sales fell to three homes sold in the 08515 zip code market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with two completed in the same period. The median sales price dropped to $395,000 over the latest reporting period for the 08515 zip code, down from $445,000. The 08515 zip code is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in contracts.
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Berkshire Hathaway Home Services Fox & Roach
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