Friday, March 16, 2012

Hoboken/Downtown Jersey City Absorption Rate Update-March 16, 2012




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:

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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