Friday, November 18, 2011

Increases for Hoboken and Downtown Jersey City-Pending Sales Update- November 18, 2011

The number of properties under contract increased again this week for both Hoboken and downtown Jersey City this week.

This is the fourth consecutive increase in pending sales for Hoboken and the second consecutive increase for downtown Jersey City.

Inventories are low and taking a little longer to sell right now, but they are selling.

Pending Sales for Hoboken November 18, 2011:

137 dabos vs. 130 last week (5.39% increase)

Pending Sales for Downtown Jersey City November 11, 2011:

113 dabos vs. 109 last week (3.7% 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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