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, September 17, 2010
Pending Sales Slide Again This Week-Pending Sales Update-September 17, 2010
We've seen another drop in pending sales of 8% in Hoboken this week. There are a lot of lingering properties back on Madison, Monroe and Jackson that have struggled to sell over the last few weeks. There are some really good deals back there and the Light Rail really makes it easy to get to the PATH.
Downtown Jersey City also dropped by another 5% this week to the lowest levels we've seen in a very long time. There are some really great properties for sale in downtown Jersey City...definitely worth a look!
Pending Sales for Hoboken September 17, 2010:
134 dabos vs. 145 last week (8% decrease)
Pending Sales for downtown Jersey City September 17, 2010:
90 dabos vs. 94 last week (5% decrease)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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