Inventories in Hoboken dropped two units to 254 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City decreased by 4 to 274 units.
Hoboken Absorption Rate Update-March 23, 2012
23.22 weeks vs. 25.02 weeks last week (7.2% decrease)
Downtown Jersey City Absorption Rate Update-March 23, 2012
37.76 weeks vs. 39.59 weeks last week (4.6% 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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