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, May 14, 2010
Hoboken/Downtown Jersey City Pending Sales Update - May 14, 2010
For me, this is one of the strongest indicators that the market is recovering. More properties under contract means more people are feeling comfortable enough with the economy to purchase a home.
Pending Sales for Hoboken May 14, 2010:
249 dabos vs. 241 last week (3.3% increase)
Pending Sales for downtown Jersey City May 14, 2010:
134 dabos vs. 133 last week (.75% 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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