Inventories in Hoboken increased four units to 260 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City decreased another 4 to 274 units.
Hoboken Absorption Rate Update-March 30, 2012
30.44 weeks vs. 23.22 weeks last week (31.09% increase)
Downtown Jersey City Absorption Rate Update-March 30, 2012
43.33 weeks vs. 37.76 weeks last week (14.75% 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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