Friday, April 9, 2010

The Market is HEATING UP! Hoboken/Downtown Jersey City Absorption Rate Update - April 9, 2010

Decreasing inventories with increasing demand = HIGHER PRICES!

Hoboken Absorption Rate Update 4/09/2010:

42.84 weeks vs. 53.19 weeks last week (19.5% decrease)

Downtown Jersey City Absorption Rate Update 4/09/2010:

60.05 weeks vs. 63.43 weeks last week (5.3% decrease)

Information provided by:

Kevin Dowd
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ
Cell: 201-606-5957
Search MLS listings for free at:

Get up-to-the-minute market reports:

No comments: