Saturday, March 3, 2012

Hoboken/Downtown Jersey City Absorption Rate Update-March 2, 2012





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:

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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