Friday, August 13, 2010

Pending Sales Stabilize for Hoboken and Downtown Jersey City-August 13, 2010

Following the results of this week's absorption rate updates, pending sales stabilized this week with Hoboken posting a 1.9% increase and downtown Jersey City posting a modest .9% decrease.

Pending Sales for Hoboken August 13, 2010:

157 dabos vs. 154 last week (1.9% increase)

Pending Sales for downtown Jersey City August 13, 2010:

103 dabos vs. 104 last week (.9% decrease)

Information provided by:

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

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