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
Email: info@hobokenjerseycity.com
Search listings:
www.viewhobokenhomes.com
Search downtown Jersey City listings:
www.alldowntownjerseycityhomes.com
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