Inventories in Hoboken dropped four units to 230 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City is flat this week increased 9 to 293 units.
Hoboken Absorption Rate Update-February 17, 2012
23.19 weeks vs. 20.28 weeks last week (14.35% increase)
Downtown Jersey City Absorption Rate Update-February 17, 2012
45.36 weeks vs. 42.45 weeks last week (6.86% 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
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