Downtown Jersey City Sales Update-December 24, 2010

Please click on the link below if you can't see the chart:



Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

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www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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Hoboken Sales Update-December 24, 2010

Please click on the link below if you can't see the spreadsheet:



Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Hoboken/Downtown Jersey City Pending Sales Update-December 24, 2010

Pending Sales for Hoboken December 24, 2010:

124 dabos vs. 132 last week (6.1% decrease)


Pending Sales for Downtown Jersey City December 24, 2010:

98 dabos vs. 99 last week (1.1% decrease)


Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Hoboken/Downtown Jersey City Absorption Rate Update-December 24, 2010

Hoboken Absorption Rate Update December 24, 2010:

32.88 weeks vs. 39.64 weeks last week (17.1% decrease)

Downtown Jersey City Absorption Rate Update December 24, 2010:

42.47 weeks vs. 47.64 weeks last week (11.8% decrease)Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Pending Sales Stable This Week-Hoboken/Downtown Jersey City Pending Sales Update-December 17, 2010

Pending Sales for Hoboken December 17, 2010:

132 dabos vs. 134 last week (1.5% decrease)


Pending Sales for downtown Jersey City December 17, 2010:

99 dabos vs. 101 last week (2% decrease)


Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Decreases in Absorption Rate This Week-Hoboken/Downtown Jersey City Absorption Rate Update-December 17, 2010

Inventories have been decreasing in Hoboken and downtown Jersey City over the last several weeks as demand stays the same and inventories decrease.

Hoboken Absorption Rate Update December 17, 2010:

38.14 weeks vs. 39.64 weeks last week (3.8% decrease)

Downtown Jersey City Absorption Rate Update December 17, 2010

38.58 weeks vs. 47.64 weeks last week (19.1% decrease)

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Downtown Jersey City Sales Update-December 17, 2010

Things were moving along in downtown Jersey City this week.

1BR sales in downtown averaged a very strong $482/sq.ft. which is about where is was last week.

There was a 2BR sale at 700 Grove that closed at a very low $369/sq.ft. Similar properties sold at the peak of the market for $570/sq.ft. and more in this building.

Please click on the link below if you can't see the chart:


Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

Sign up for FREE Hoboken listing updates:
www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Strong Sales Week-Hoboken Sales Update-December 17, 2010

We had a great sales week in this week with 14 sales.

1BR average sales price was $601/sq.ft., with sales in Maxwell Place and Hudson Tea leading the way.

2BR sales averaged a strong $487/sq.ft. this week from 9 sales.

3BR sales averaged $387/sq.ft.

Please click on the link below if you can't see the spreadsheet:


Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

Sign up for FREE Hoboken listing updates:
www.viewhobokenhomes.com

Sign up for FREE Hudson County listing updates:
www.hudsoncountyhomesnow.com

Hoboken/Downtown Jersey City Absorption Rate Update-December 10, 2010

Hoboken Absorption Rate Update December 10, 2010:

39.64 weeks vs. 43.65 weeks last week (9.2% decrease)

Downtown Jersey City Absorption Rate Update December 10, 2010

47.64 weeks vs. 60.03 weeks last week (20.6% decrease)

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Hoboken/Downtown Jersey City Pending Sales Update-December 10, 2010

Pending Sales for Hoboken December 10, 2010:

134 dabos vs. 136 last week (1.5% decrease)


Pending Sales for downtown Jersey City December 10, 2010:

101 dabos vs. 100 last week (1% increase)


Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Solid Sales Week-Downtown Jersey City Sales Update-December 10, 2010

Great sales week for condos in downtown Jersey City this week.

13 sales total which is more than we've had in a long time.

There was a 2271 sq. ft. 4BR/4BA at Waldo lofts that's been on and off the market for awhile that just sold for $376/sq.ft. Great deal for 2271 sq. ft.

Please click on the link below if you can't see the chart:



Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

Sign up for FREE Hoboken listing updates:
www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Solid Sales Week for Hoboken and Downtown Jersey City-Hoboken/Downtown Jersey City Sales-December 10, 2010

We only had 1BR and 2BR condo sales this week in Hoboken, but there were a lot of them. Everyone's trying to close and move in before the holidays.

1BR condos averaged $450/sq. ft. and were led by a very strong sale of $610/sq.ft. at 1102 Washington. It just shows that buying for location is always more expensive , but pays off in the long run when you try to sell!

2BR condos averaged $492/sq.ft. and were led by a $632/sq.ft. sale at 1025 Maxwell.

Please click on the link below if you can't see the spreadsheet:



Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

Sign up for FREE Hoboken listing updates:
www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Hoboken/Downtown Jersey City Absorption Rate Update-December 3, 2010

Hoboken Absorption Rate Update December 3, 2010:

43.65 weeks vs. 40.07 weeks last week (8.9% increase)

Downtown Jersey City Absorption Rate Update December 3, 2010

60.03 weeks vs. 53.18 weeks last week (12.89% increase)

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.hudsoncountyhomesnow.com

Hoboken/Downtown Jersey City Pending Sales Update-December 3, 2010

Pending Sales for Hoboken December 3, 2010:

131 dabos vs. 136 last week (3.7% decrease)


Pending Sales for downtown Jersey City December 3, 2010:

103 dabos vs. 100 last week (3% increase)


Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

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www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Downtown Jersey City Sales Update-December 3, 2010

There was a solid 1 BR sale at 65 2nd Street (The Portofino) at $466/sq.ft. this week.

Otherwise, pretty light for sales in downtown Jersey City this week.


Please click on the link below if you can't see the chart:



Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

Sign up for FREE Hoboken listing updates:
www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com

Only 1BR and 2BR Sales in Hoboken This Week-Hoboken Sales Update-December 3, 2010

We had two low per square foot sales at 301 Monroe ($371/sq.ft.) and 80 Park ($320/sq.ft.) that lowered overal 1BR sales to $416/sq.ft. Other than that, we had nice 1BR sales this week, with 812 Grand selling at $490/sq.ft. At the peak of the market, these units were selling for $580/sq.ft.

In the 2BR market we had a high average per sq. ft. price of $577/sq. ft. which was propped up by a $1008 sq. ft. sale at Maxwell Place. which is maybe 10% off where direct waterfront units were selling 2 years ago.

Please click on the link below if you can't see the spreadsheet:



Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

Search up for FREE local school reports and more at: www.hobokenjerseycity.com

Sign up for FREE market condition reports at:
www.hobokenpropertyvalue.com
www.jerseycitypropertyvalues.com

Sign up for FREE Hoboken listing updates:
www.viewhobokenhomes.com

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www.hudsoncountyhomesnow.com