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.
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:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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