Low Inventories-Absorption Rate Update-January 5, 2012

Inventories in Hoboken stand at 215 units this week.  This includes condos/coops and 1 to 4 family properties.

The inventory for downtown Jersey City stands at 267 units.

Hoboken Absorption Rate Update-January 6, 2012

17.25 weeks vs. 13.57 weeks last week (27.12% increase)


Downtown Jersey City Absorption Rate Update-January 6, 2012

45.22 weeks vs. 46.22 weeks last week (2.2% decrease)

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:
http://www.viewhobokenhomes.com/

Search downtown Jersey City listings:
http://www.alldowntownjerseycityhomes.com/

Follow me on Twitter: www.twitter.com/KevinDowdHBJC