Friday, September 10, 2010

Hoboken and Downtown Jersey City Pending Sales Fall This Week-Pending Sales Update

Pending sales dropped again by 2.1% in Hoboken this week. It will be interesting to see how this translates to price per square foot prices in the upcoming weeks.

Downtown Jersey City also dropped by 7.9% this week. Is this remnants of the August summer slowdown? Time will tell.....

Pending Sales for Hoboken Setpember 10, 2010:

145 dabos vs. 148 last week (2.1% decrease)

Pending Sales for downtown Jersey City September 10, 2010:

94 dabos vs. 102 last week (7.9% 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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