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 12/04/09:
143 dabos vs. 150 last week (-4.7% decrease)
Pending Sales for downtown Jersey City 12/04/09:
98 dabos vs. 99 last week (-1.1% decrease)
Information provided by:
Kevin Dowd
Realtor
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ
Cell: 201-606-5957
Email: a
Search MLS listings for free at: www.hobokenjerseycity.com
Get up-to-the-minute market reports:
www.hobokenpropertyvalues.info
www.jerseycitypropertyvalues.info
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