Monday, June 26, 2017

Pending Sales Down and Prices are Up! May 2017 Real Estate Update-Hoboken/Downtown Jersey City

Pending sales for Hoboken and downtown Jersey City increased this month as the summer market starts to heat up.  However, when compared to May 2016, numbers are  down 4.00% for Hoboken and 22.17% for downtown Jersey City.

Inventory is lingering slightly longer (but is well below normal levels), transactions are down, but yet pricing is still very strong.  

Click here for the May 2017 Stats Update

Thinking of buying or selling?

If you have a condo or brownstone and are curious about your home's me TODAY for an over-the-phone market analysis!

Have a great day.


Kevin Dowd

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

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