Inventories in Hoboken increased 12 units to 260 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City is flat this week dropped another 5 units to 270 units.
Hoboken Absorption Rate Update-March 9, 2012
22.09 weeks vs. 21.07 weeks last week (4.84% increase)
Downtown Jersey City Absorption Rate Update-March 9, 2012
37.76 weeks vs. 39.83 weeks last week (5.2% 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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