The number of properties under contract increased again this week for both Hoboken and downtown Jersey City this week.
This is the fifth consecutive increase in pending sales for Hoboken and the third 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 25, 2011:
144 dabos vs. 137 last week (5.1% increase)
Pending Sales for Downtown Jersey City November 25, 2011:
114 dabos vs. 113 last week (.89% increase)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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