Friday, April 13, 2012

Inventory is Stable in Hoboken, Drops 14.86% in Downtown Jersey City-Hoboken/Downtown Jersey City Absorption Rate Update-April 13, 2012



Inventories in Hoboken increased 23 units to 285 this week.  This includes condos/coops and 1 to 4 family properties.

The inventory for downtown Jersey City decreased by 3 units to 251.


Hoboken Absorption Rate Update-April 13, 2012

21.29 weeks vs. 21.42 weeks last week (.006% decrease)


Downtown Jersey City Absorption Rate Update-April 13, 2012

35.10 weeks vs. 30.56 weeks last week (14.86% 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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