Thursday, July 11, 2013

The Market Continues to Strengthen-Hoboken/Downtown Jersey City May, 2013 Stats Update

These are the figures for May, 2013.  The June, 2013 figures will be released shortly.

Transactions and pending sales increased again for Hoboken and downtown Jersey City for May.  When compared to previous years, you can really see how the market has started to accelerate.

Overall prices held steady, with a slight dip in Hoboken studio sales.  This figure tends to be more volatile because there aren't many studio sales in Hoboken.

The downtown market continues its strength with 2 BR prices increasing 23.84%.

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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