Friday, July 1, 2011

Pending Sales Slip Again-Is There a Lack of Properties? Hoboken/Downtown Jersey City Pending Sales Update-July 1, 2011

Pending sales slipped again this week for both Hoboken and downtown Jersey City this week.

Could it be the lack of inventory is keeping buyers on the sidelines?

Pending Sales for Hoboken July 1, 2011:

169 dabos vs. 177 last week (4.5% decrease)

Pending Sales for Downtown Jersey City July 1, 2011:

155 dabos vs. 163 last week (4.1% 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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