Inventories in Hoboken dropped six units to 254 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City increased 4 to 274 units.
Hoboken Absorption Rate Update-March 16, 2012
25.02 weeks vs. 22.09 weeks last week (13.26% increase)
Downtown Jersey City Absorption Rate Update-March 16, 2012
39.59 weeks vs. 37.76 weeks last week (4.84% increase)
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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