Sunday, March 13, 2011

Pending Sales Up 13.07% for Hoboken and 20.83% for Downtown Jersey City! Wow! Pending Sales Update-March 11, 2011

Tremendous increases in pending sales this week for Hoboken and dowtown Jersey City! Who's says that the market is still slow around here! Not me!

As pending sales continue and inventory comes off the market at a faster price, sale prices will inevitable continue to increase.

Since January, pending sales have increased 26% for Hoboken and 27% for downtown Jersey City.

Pending Sales for Hoboken March 11, 2011:

147 dabos vs. 130 last week (13.07% increase)

Pending Sales for Downtown Jersey City March 11, 2011:

116 dabos vs. 96 last week (20.83%)

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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