Inventories Drop This Week-Hoboken/Downtown Jersey City Absorption Rate Update-May 25, 2012

 

Inventories in Hoboken dropped 5 more units units to 270 this week.  This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City decreased by 21 units to 244 this week. This number also includes condos/coops and 1 to 4 family properties.

Hoboken Absorption Rate Update-May 25, 2012
19.18 weeks vs. 23.83 weeks last week (19.6% decrease)

Downtown Jersey City Absorption Rate Update-May 25, 2012
22.51 weeks vs. 23.43 weeks last week (4% 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/

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