Friday, October 29, 2010

Hoboken Decreases...Downtown Jersey City Increases-Hoboken/Downtown Jersey City Absorption Rate Update----------October 29, 2010

Another week of opposites as the absorption rate for Hoboken decreases by 11.7% while the absorption rate for downtown Jersey City increases by 11.96%.

Hoboken Absorption Rate Update October 29, 2010:

41.17 weeks vs. 46.60 weeks last week (11.7% decrease)

Downtown Jersey City Absorption Rate Update October 29, 2010
75.91 weeks vs. 67.80 weeks last week (11.96% increase)

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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