August ended with a BANG with Hoboken 1BR and 2BR units very close to $700/sq. ft.
What's interesting is that downtown Jersey City 1BR and 2BR prices are averaging MORE than Hoboken at approx. $750/sq.ft.
Take a look at the absorption rate for downtown Jersey City. It's currently 4.15 weeks which means it will only take 4.15 weeks to completely sell out the current inventory of active listings.
Impressive.
Click here for all of the August stats:
AUGUST 2016 SALES UPDATE
Click the links below to review all new area 1-3BR listings.
HOBOKEN
NEW 3BR Listings
NEW 2BR Listings
NEW 1BR Listings
1-4 Family Listings
DOWNTOWN JERSEY CITY
NEW 3BR Listings
NEW 2BR Listings
NEW 1BR Listings
1-4 Family Listings
Thinking of buying or selling?
If you have a 3BR condo in Hoboken or downtown Jersey City and are curious about your home's value...call me TODAY!
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
