Inventories in Hoboken increased 20 units to 271 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City increased by 16 units to 261. This number also includes condos/coops and 1 to 4 family properties.
Hoboken Absorption Rate Update-May 4, 2012
19.28 weeks vs. 18.12 weeks last week (6.4% increase)
Downtown Jersey City Absorption Rate Update-May 4, 2012
27.59 weeks vs. 22.11 weeks last week (24.79% increase)
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