The decreases this week are mostly caused by the drop in active listings due to the holdiay season and not by an increase in sales activity.
Hoboken Absorption Rate Update 1/1/2010:
29.10 weeks vs. 32 weeks last week (9.1% decrease)
Downtown Jersey City Absorption Rate Update 1/1/2010:
47.22 weeks vs. 53.99 weeks last week (12.5% decrease)
Kevin Dowd
Realtor
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ
Cell: 201-606-5957
Email: info@hobokenjerseycity.com
Search MLS listings for free at: www.hobokenjerseycity.com
Get up-to-the-minute market reports:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com
No comments:
Post a Comment