Friday, June 1, 2012

Inventories Staying Low-Hoboken/Downtown Jersey City Absorption Rate Update-June 1, 2012




Inventories in Hoboken increased 7 units 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 240 this week. This number also includes condos/coops and 1 to 4 family properties.

Hoboken Absorption Rate Update-June 1, 2012
18.47 weeks vs. 19.18 weeks last week (3.7% decrease)

Downtown Jersey City Absorption Rate Update-June 1, 2012
24.77 weeks vs. 22.51 weeks last week (10% increase)

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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