Pending sales have remained relatively constant this week for both Hoboken and downtown Jersey City. Inventory has been increasing, but pending sales hasn't been rising fast enough to keep pace.
This is a perfect buyer's market scenario.
Pending Sales for Hoboken July 30, 2010
159 dabos vs. 163 last week (2.5% decrease)
Pending Sales for downtown Jersey City July 30, 2010:
108 dabos vs. 109 last week (.01% decrease)
Information provided by:
Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com
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