Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog. This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Friday, April 9, 2010
Hoboken/Downtown Jersey City Pending Sales Update - April 9, 2010
Sorry to sound like a broken record....BUT
The best way to tell if a market is strengthening is too look at the pending sales (DABOs). This is a great indicator of a market's strength. Hoboken and downtown Jersey City have increased AGAIN this week! Time to jump back into the market!
Pending Sales for Hoboken April 9, 2010:
208 dabos vs. 201 last week (3.4% increase)
Pending Sales for downtown Jersey City April 9, 2010:
116 dabos vs. 105 last week (10.46% increase)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Search MLS listings for free at: www.hobokenjerseycity.com
Has the market stabilized?
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