Monday, June 13, 2011

Pending Sales UP! Hoboken/Downtown Jersey City Pending Sales Update-June 10, 2011

Downtown Jersey City has increased again this week by 7.8% to 151 DABOs. The pace is really starting to pick up here are buyers continue to jump back into the market.

I thought Hoboken was going to drop again this week, but they actually increased by 2.7%. Still off of the 200+ DABO range we had a few weeks ago, but very strong nonetheless.

Pending Sales for Hoboken June 10, 2011:

189 dabos vs. 184 last week (2.7% increase)

Pending Sales for Downtown Jersey City June 10, 2011:

152 dabos vs. 141 last week (7.8% increase)

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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