$114K  
Sales in the 08103 zip code market remained level with three homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with six price reductions in the same time frame. Potential buyers should note that prices went up in the 08103 zip code, with the median for this period rising from $25,000 to $73,000. The 08103 zip code is a definite buyer's market, thanks to a big 28 months of inventory to choose from and the flat sales.
Comments:

$175K  
The 08103 zip code market picked up this week with two homes sold over the last 30 days. To put it in perspective, the close-by 19147 zip code registered 91 homes sold in the same period, the most of all surrounding zip codes. The median sales price jumped to $61,000, up from last week's $25,000. The 08103 zip code is still a strong buyer's market, due to the availability of 41 months of remaining inventory, even after the uptick in sales.
Comments:

08103 is a zip code that is growing slower than others in New Jersey at a 10-year growth rate of -7.4%. It also has a larger than average population of 14,061 people. The 08103 zip code is made up of homes that are older than most with a median of 67 years. Heading the list of top schools in the zip code is Clementon Elementary School.
Comments:

$114K  
Sales fell in the 08103 zip code market to one home sold over the last 30 days. It's also under a recent downward trend in the number of contracts closing, with this week's number falling to five. Potential buyers should note that prices are coming down in the 08103 zip code, and for this period the median sales price slid from $54,750 to $25,000. The 08103 zip code is a solid buyer's market with 76 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$110K  
The 08103 zip code market stayed soft with three homes sold in the last 30 days, a 25.0% sales drop. Meanwhile, the 19147 zip code reported 64 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08103 zip code, and this period the median price of all sales fell from $52,149 to $25,000. The 08103 zip code is a strong buyer's market, thanks to a big 25 months of inventory to choose from and a pullback in sales.
Comments:

$175K  
The number of sellers reducing prices in the 08103 zip code market trended up to 11 over the last 30 days, extending a three-week streak. During the same period, four sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are falling in the 08103 zip code, and this period the median price of all sales fell from $74,250 to $52,149. Along with the slip in sales, a relatively high 19 months of inventory indicates that the 08103 zip code is a strong buyer's market.
Comments:

$125K  
The 08103 zip code market got positive news in this week's report, as the number of home sales climbed 20.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, the 19147 zip code had 74 sales, the most of all zip codes in the area. Prices are rising in the 08103 zip code, and the median sales price this period increased from $69,000 to $74,250. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 08103 zip code is still a definite buyer's market.
Comments:

$175K  
The 08103 zip code is much older than the rest of New Jersey, with a median age of 31. It's much less affluent than average as well, with a median income of $29,647 per household. The 08103 zip code market is almost exclusively made up of condos and townhouses, which currently account for 4% of the homes for sale in the area. Heading the list of top schools in the zip code is Clementon Elementary School.
Comments:

$175K  
The 08103 zip code market broke below its 12-month average sales volume this week as sales dropped 37.5% to hit five homes sold over the last 30 days. Within the same time frame, the 19147 zip code had 70 sales, the most of all zip codes in the area. The median sales price dropped to $69,000, down from last week's $71,000. The 08103 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$175K  
With seven homes sold in the 08103 zip code market over the last 30 days, we see no change from last week's numbers. However, 15 new listings came into the market. Prices were able to climb as this week's reported median sales price of $72,000 continued a four-week upswing. With no movement in sales and the availability of nine months of inventory, the 08103 zip code is a definite buyer's market.
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