This week, we see moderate increases for the Absorption Rates with 4.8% and 4% increases for Hoboken and downtown Jersey City, respectively.
Hoboken Absorption Rate Update 5/21/2010:
33.25 weeks vs. 31.72 weeks last week (4.8% increase)
Downtown Jersey City Absorption Rate Update 5/21/2010:
56.06 weeks vs. 53.91 weeks last week (4% increase)
Information provided by:
Kevin Dowd
Realtor
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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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