Inventories dipped again for June with the absorption rate dropping for both Hoboken and downtown Jersey City, while total sales increased for both Hoboken and downtown Jersey City.
Prices for 1 BR condos in Hoboken were up significantly, but this increase included some higher-priced luxury 1 bedroom units at Harborside Lofts.
2 BR condos in the Newport were also up significantly, but this was also inflated by several high-priced luxury condos.
Kevin Dowd
Broker Salesperson
Berkshire Hathaway HomeServices/Hudson River Properties
626 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
