The abosroption rate dropped again for Hoboken to the lowest levels we seen in many months.
Jersey City increased to 31.68 weeks but is still doing very well.
Hoboken Absorption Rate Update August 19, 2011:
19.22 weeks vs. 20.25 weeks last week (5.1% decrease)
Downtown Jersey City Absorption Rate Update August 19, 2011:
31.68 weeks vs. 26.08 weeks last week (21.47% increase)
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
Follow me on Twitter: www.twitter.com/KevinDowdHBJC
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