Friday, April 15, 2011

Solid! Hoboken and Downtown Aborption Rate Update-April 15, 2011

The absorption rates are still looking great in Hoboken with just a minute .005% decrease. Downtown Jersey City is also very solid at 43.69 weeks of inventory (down 3.6%).

Hoboken Absorption Rate Update April 15, 2011:

34.42 weeks vs. 34.25 weeks last week (.005% increase)

Downtown Jersey City Absorption Rate Update April 15, 2011:

43.69 weeks vs. 45.33 weeks last week (3.6% decrease)

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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