Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog. This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
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:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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