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:

Kevin Dowd
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
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