Sunday, November 11, 2012

Hoboken/Downtown Jersey City Pending Sales Update-November 9, 2012

Pending sales have dropped so much due to the storm.  Many buyers are holding off on their purchases until they see how the buildings are repaired after the storm.

For most of the buildings in town, the damage is centered on the lobby and garage areas.

Typically these repair aren't significant and will be repaired in the upcoming weeks.

Pending Sales for Hoboken-November 9, 2012:
164 dabos vs. 183 last week (10.4% decrease)

Pending Sales for Downtown Jersey City-November 9, 2012:
178 dabos vs. 201 last week (11.4% decrease)

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
626 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
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