Inventories in Hoboken increased 20 units to 248 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City is flat this week dropped 6 to to 275 units.
Hoboken Absorption Rate Update-March 2, 2012
21.07 weeks vs. 22.46 weeks last week (6.2% decrease)
Downtown Jersey City Absorption Rate Update-March 2, 2012
39.83 weeks vs. 45.50 weeks last week (12.5% decrease)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Search listings: http://www.viewhobokenhomes.com/
Search downtown Jersey City listings: http://www.alldowntownjerseycityhomes.com/
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