2017 is off to a good start with almost every condo category increasing.
Hoboken 3BR pricing dropped, but there is often volatility in that market segment. One very high or one very low sale will often skew the numbers for that month.
Downtown Jersey City 1BR pricing also dropped by .57%.
Click here-January 2017 Sales Statistics
The absorption rates increase shaply and pending sales dropped, but this is still the residual effect of the normal yearly holiday slowdown.
This will all rebound in the next 1-2 months.
Thinking of buying or selling?
If you have a condo or brownstone 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.
Berkshire Hathaway HomeServices
Hudson River Properties
626 Washington Street
Hoboken, NJ 07030
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