Friday, October 28, 2011

Absorption Rate Update-October 28, 2011



The market has definitely slowed a bit over the last several weeks.  Properties are selling, but they're just taking slightly longer than we've seen over the last few months.

Hoboken Absorption Rate Update October 28, 2011:

32.87 weeks vs. 30.23 weeks last week (8.73% increase)


Downtown Jersey City Absorption Rate Update October 28, 2011
57.01 weeks vs. 44.65 weeks last week (27.68% 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

No comments: