Tuesday, April 21, 2015

Hoboken STILL Averages OVER $600/Sq. Ft. Newport OVER $700/Sq. Ft.-March Real Estate Update

March saw significant increases in pending and closed sales as buyers who were on the fence officially jumped into the market.  Many buyers have realized that pricing has remained strong for some time and there's no sign of the market slowing down.

Take a look at the chart...the increases are impressive.

Please click on the link below for full details:

March 2015 Real Estate Update

There was a slight dip in per square foot prices in Hoboken properties, but 1 through 3 BR condos still averaged over $600/sq. ft.

Downtown Jersey City prices slumped a bit for March, but there were some very high sales prices last month so a slight correction was to be expected.

Kevin Dowd
Broker Salesperson
Berkshire Hathaway HomeServices
Hudson River Properties
626 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com

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