$125K  
The 08312 zip code market saw sales remain flat this week with nine homes sold over the last 30 days, while new listings rose to 13. The median sales price in the 08312 zip code stayed put this week at $105,088.
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$130K  
With a 14.5% increase over the last 10 years, the 08312 zip code ranks first in terms of growth. However, with 7,898 residents, it only ranks 349th in terms of population for New Jersey. With a median age of 39 years, homes in the 08312 zip code tend to be relatively old. The best schools in the zip code are No 21 Victor Mravlag and No 22 William F Halloran.
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$155K  
This week in the 08312 zip code market, sales jumped to nine homes sold over the last 30 days, which might be due in part to a new upward trend in price reductions, with 22 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the lowering of list prices trended higher, the amount of available homes slid to five months worth, a three-month low.
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$245K  
Despite a 25.0% reduction in sales over the last 30 days, the 08312 zip code market extended a three-week hot streak with a total of six homes sold in that span. The median sales price of all transactions in the 08312 zip code did not budge this week, remaining at $97,544. With decreasing sales and the availability of eight months of inventory, the 08312 zip code is a definite buyer's market.
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$240K  
The 08312 zip code market got good news this week as sales jumped 33.3% to reach eight homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the nearby 08081 zip code had 49 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 08312 zip code, and for this period the median sales price slid from $150,500 to $97,544.
Comments:

$155K  
There were six homes sold in the 08312 zip code market over the last 30 days. During the same period, the total number of price reductions was 20, the most since July. In comparison, 08081 led all other nearby zip codes with 125 price reductions. The median sales price remained unchanged over the latest reporting period for the 08312 zip code, coming in at $150,500. The 08312 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$232K  
The number of home sales in the 08312 zip code market climbed 16.7% to seven homes over the last 30 days, coming close to the 7.6 monthly average for the last 12 months. To put it in perspective, the close-by 08081 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $136,000 over the latest reporting period for the 08312 zip code, down from $150,500. The 08312 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:

$130K  
08312 is a less affluent than average zip code in New Jersey with a median income of $63,310 per household. The population is also considered much older than most with a median age of 37 years. It should be noted that at 73.3%, most people own their homes in the 08312 zip code. Leading the list of best schools in the zip code are No 21 Victor Mravlag and No 22 William F Halloran.
Comments:

$255K  
Over the last 30 days, the 08312 zip code market got positive news with six homes sold. It marks a 20.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, the nearby 08081 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. The median sales price of homes sold came in at $150,500, which extended a price upswing to four weeks. The 08312 zip code is still a solid buyer's market, in spite of the rise in prices, thanks to the availability of eight months of remaining inventory.
Comments:

$232K  
Over the last 30 days, the 08312 zip code market improved with four homes sold. Within the same time frame, the 08081 zip code had 56 sales, the most of all zip codes in the area. The median sales price dropped to $181,000 over the latest reporting period for the 08312 zip code, down from $197,000. The 08312 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 14 months of remaining inventory.
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