Absorption Rates DROP Again This Week-Downtown Jersey City/Hoboken Absorption Rate Update-May 20, 2011

The absorption rate dropped AGAIN for Hoboken by 15.6%. This mean inventories are getting LOW! Good times!

Downtown Jersey City also dropped by 4.4% this week-good job!


Hoboken Absorption Rate Update May 20, 2011:

25.1 weeks vs. 29.73 weeks last week (15.6% decrease)


Downtown Jersey City Absorption Rate Update May 20, 2011:

45.05 weeks vs. 47.11 weeks last week (4.4% 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