Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog. This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Friday, October 23, 2009
Absorption Rate Update 10/23/09
Here are the absorption rates for this week:
Hoboken Absorption Rate 10/23/09:
37.53 vs. 37.36 last week (.46% reduction)
Downtown Jersey City Absorption Rate 10/23/09:
48.27 vs. 44.05 last week (8.76% increase)
Next week we'll have our first monthly absorption rate totals for Hoboken and downtown Jersey City.
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