Inventories in Hoboken decreased 7 units units to 270 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City remained flat at 240 units this week. This number also includes condos/coops and 1 to 4 family properties.
Hoboken Absorption Rate Update-June 8, 2012
16.02 weeks vs. 18.47 weeks last week (13.3% decrease)
Downtown Jersey City Absorption Rate Update-June 8, 2012
24.77 weeks vs. 24.77 weeks last week (no change)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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