Tuesday, January 3, 2012

There's Nothing to Buy-Hoboken/Downtown Jersey City Pending Sales Update-December 30, 2011

Inventories are so incredibly low right now that it's becoming harder for buyers to find good inventory.

Pending Sales for Hoboken December 30, 2011:
117 dabos vs. 127 last week (7.9% decrease)

Pending Sales for Downtown Jersey City December 30, 2011:
97 dabos vs. 102 last week (5% decrease)


Ajlounyinjurylaw said...

Why is this, the market must be great for the buyer causing low inventory.

Kevin Dowd said...

Yes, inventory is down significantly in both Hoboken and downtown Jersey City.