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:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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