Friday, February 18, 2011

Hoboken/Downtown Jersey City Absorption Rate Update-February 18, 2011

Inventories in Hoboken have increased again to 394 units this week and downtown Jersey City has actually increased to 347 units. This has translated into a slight increase in the Hoboken rate a decrease in the downtown Jersey City rate.

Hoboken Absorption Rate Update February 18, 2011:

37.92 weeks vs. 38.52 weeks last week (1.6% decrease)

Downtown Jersey City Absorption Rate Update February 18, 2011:

65.47 weeks vs. 58.92 weeks last week (11.1% increase)

Information provided by:

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

Search up for FREE local school reports and more at:

Sign up for FREE market condition reports at:

Sign up for FREE Hoboken listing updates:

Sign up for FREE Hudson County listing updates:

No comments: