$109K  
The 08031 zip code market closed in on its 12-month sales average this week as sales rose 37.5% to reach 11 homes sold over the last 30 days. In comparison, the nearby 08096 zip code had 62 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $130,000 over the latest reporting period for the 08031 zip code, up from $109,507. The 08031 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of nine months of remaining inventory.
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$160K  
In this week's report, the number of homes sold in the 08031 zip code market plummeted to seven over the past 30 days. It marked a decrease of 53.3% from last week's report and a fall below the monthly average. Meanwhile, the 08096 zip code reported 65 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08031 zip code, and this period the median price of all sales fell from $130,000 to $115,000. The 08031 zip code is a definite buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
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$129K  
Sales have fallen to 12 homes sold over the last 30 days in the 08031 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 36 for the same period. Potential buyers should note that prices are coming down in the 08031 zip code, and for this period the median sales price slid from $131,750 to $130,000. The 08031 zip code is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
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$424K  
Over the last 30 days, the sale of 15 homes took place in the 08031 zip code market. This shows a 11.8% drop from the prior period but the area remains on a confirmed upward trend. The median sales price dropped to $153,650, down from last week's $155,000. The 08031 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$250K  
The 08031 zip code market showed healthy signs in this week's report, as the number of home sales spiked 41.7%, pushing the total to 17 homes sold over the last 30 days. At the same time, the 08096 zip code reported 50 home sales, the highest number from all the surrounding zip codes. Prices were able to climb as this week's reported median sales price of $153,650 continued a four-week upswing.
Comments:

$125K  
The number of homes coming into the 08031 zip code market climbed to 26 listings over the last 30 days, while sales remained right where they were as once again 11 homes were sold over the same period. The median sales price climbed to $155,000, up from last week's $153,000. With no movement in sales and the availability of eight months of inventory, the 08031 zip code is a strong buyer's market.
Comments:

$149K  
The 08031 zip code market was steady this week as sales remained at 10 homes over the prior 30 days, but the area is experiencing a budding upward trend of contracts closing, now up to 13. Potential buyers should note that prices went up in the 08031 zip code, with the median for this period rising from $126,000 to $154,000. Along with flat sales, a relatively high eight months of inventory indicates that the 08031 zip code is a definite buyer's market.
Comments:

$184K  
With a new upward trend of new sellers listing homes, including 25 over the last 30 days, and sales that have risen to 10 in that same time frame, the 08031 zip code market will be heating up. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price in the 08031 zip code stayed put this week at $126,000. Even after the uptick in sales, an elevated eight months of inventory tells us that the 08031 zip code is still a strong buyer's market.
Comments:

$139K  
The population of the 08031 zip code is growing about even with the rest of New Jersey, at a 10-year growth rate of 1.6%. It's an average-sized zip code compared to the rest of the state, with 11,478 residents. With a median age of 53 years, homes in the 08031 zip code tend to be older than most. The best school in the zip code is Stoy.
Comments:

$135K  
Sales in the 08031 zip code market remained flat at six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 33, which continues an extended upward trend in price reductions. A months of inventory number of 13 reported this week continued a four-week upward trend, to go along with the strong number of price reductions in the area. Along with the slip in sales, the higher-than-normal inventory indicates that the 08031 zip code is a strong buyer's market.
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