Inventories in Hoboken increased 6 units to 277 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City decreased by 4 units to 257. This number also includes condos/coops and 1 to 4 family properties.
Hoboken Absorption Rate Update-May 11, 2012
20 weeks vs. 19.28 weeks last week (.37% increase)
Downtown Jersey City Absorption Rate Update-May 11 , 2012
21.83 weeks vs. 27.59 weeks last week (21% decrease)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Search Hoboken listings: http://www.viewhobokenhomes.com/
Search downtown Jersey City listings: http://www.alldowntownjerseycityhomes.com/
Follow me on Twitter: www.twitter.com/KevinDowdHBJC