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Happy Memorial Day
Hoboken Market Update
The Hoboken real estate market continues to show strength, particularly in the 1-bedroom and 3-bedroom markets, which saw impressive price increases of 10.15% and 20.96%, respectively. Demand for 3-bedroom homes remains high, as more families choose to make Hoboken their long-term residence.
While pending sales held steady month-over-month, closed sales doubled to 48 units, and the average days on market dropped significantly by 41.48% to just 17 days—highlighting how quickly well-priced properties are moving.
Downtown Jersey City Market Update
Downtown Jersey City saw a strong rebound in pricing across larger units, with 2-, 3-, and 4-bedroom homes posting double-digit gains.
Pending sales rose 3.06% to 101 units, total closed sales remained steady at 50 units, and the average days on market fell 20.93% to 34 days, reflecting continued buyer activity and market momentum.
As in Hoboken, larger homes (3BR and up) are driving the market—a trend worth watching for both buyers and sellers.
Have questions or thinking of making a move?
Whether you're buying your first home, upgrading, or considering selling, I’m here to help you navigate the market with confidence.
Let’s connect today.
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