Tuesday, January 17, 2017

Final Push for 2016-Hoboken/Downtown Jersey City Real Estate Stats Update



The absorption rates dropped for Hoboken and downtown Jersey City for December which is positive sign that the market's strength is continuing. 


There was a 32% increase in closed sales in Hoboken for December as buyers tried to close in 2016 to get any available tax write offs.  

Overall, the market ended the year on a positive note.

I will be compiling the 2016 yearly figures shortly.

Click here for all of the December stats:

DECEMBER 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