Monday, June 11, 2012

Hoboken/Jersey City Absorption Rate Update-June 8, 2012




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:

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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