Friday, May 11, 2012

Hoboken/Downtown Jersey City Absorption Rate Update-May 11, 2012




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:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com


Search Hoboken 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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