Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog.
This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Friday, February 10, 2012
Rates Drop Again This Week-Absorption Rate Update-February 10, 2012
Inventories in Hoboken dropped one to 234 units this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City is flat this week at 284 units.
Hoboken Absorption Rate Update-February 10, 2012
20.28 weeks vs. 24.84 weeks last week (18.4% decrease)
Downtown Jersey City Absorption Rate Update-February 10, 2012
42.45 weeks vs. 53.48 weeks last week (20.6% 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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