Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and 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, Jersey City and the surrounding areas by providing weekly sales statistics such as average price per square foot for sold condos, pending weekly sales (DABOs) and absorption rate updates (which measures the current unsold inventory). Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Friday, November 6, 2009
Downtown Jersey City Real Estate Sales Update 11/06/09
Here is the weekly sales update for downtown Jersey City.
We had a great 1BR buy at 476 Monmouth at $424/sq.ft. and an amazing 2BR short sale buy at 49 Coles for $265/sq. ft.