This week we see continued weakness in the downtown Jersey City area while Hoboken's absorption rate has increased again by .83%.
Hoboken Absorption Rate Update 2/12/2010:
48.32 weeks vs. 48.72 weeks last week (.83% decrease)
Downtown Jersey City Absorption Rate Update 2/12/2010:
61.76 weeks vs. 60.69 weeks last week (1.76% increase)
Information provided by:
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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