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:

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