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:

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

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