Things slowed down a bit for November, but it's definitely expected this time of the year.
The absorption rate, pending sales and total transactions slipped for Hoboken and downtown Jersey City as a whole, while popular 3BR condos in the Newport area and Hoboken posted strong gains.
Things do tend to move a little slower at this time of the year which makes it a great time to buy.
Click here for all of the November stats:
NOVEMBER 2016 REAL ESTATE UPDATE
Thinking of buying or selling?
If you have a condo or townhouse and are curious about your home's value...call me TODAY for an over-the-phone market analysis!
Give me 90 days and I'll sell your home.
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
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