Friday, January 1, 2010

Hoboken/Downtown Jersey City Absoprtion Rate Update 1/1/2010



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

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