Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog. This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
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:
Prudential Castle Point Realty
626 Washington Street
Hoboken, NJ 07030
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