Friday, March 9, 2012

Hoboken/Downtown Jersey City Absorption Rate Update-March 9, 2012





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:

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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