Although pending sales have been increasing over the past weeks, the recent decline this week is due to the start of the holiday season. We'll see this figure start to trend down until the end of the year as many people don't enter into transactions this time of the year.
Pending Sales for Hoboken 11/27/09:
150 dabos vs. 166 last week (9.64% decrease)
Pending Sales for downtown Jersey City 11/27/09:
99 dabos vs. 107 last week (7.48% decrease)
Information provided by:
Kevin Dowd
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
201-606-5957
info@hobokenjerseycity.com
Search MLS listings for free at www.hobokenjerseycity.com
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