Thursday, May 14, 2015

Properties Selling Faster Than Ever!-Hoboken/Downtown Jersey City Real Estate Market Report-April 2015

The warmer weather has brought with it a strong increase in activity in all market segments.  The low inventory, as evidenced by some of the lowest absorption rates we've ever seen, seems to be driving pricing higher and higher.

Please click on the link below for full details:

April 2015 Real Estate Update

Buyers searching for properties in Hoboken often ask me about properties in downtown Jersey City, thinking that pricing is a bit lower over there.  In reality, pricing in downtown Jersey City is higher than Hoboken and properties in the Newport area are actually much higher, on average, than Hoboken.

Kevin Dowd
Broker Salesperson
Berkshire Hathaway HomeServices
Hudson River Properties
626 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957

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