Monday, June 30, 2025

May 2025 Update | Properties Selling Quickly





Hoboken Market Update

Another solid month for Hoboken with total sales up 10.42% over April with 53 transactions, but we're still off 18.46% from this same time last year. 

Pricing dipped 7.33% for Hoboken 1BR and 15.40% for Studios.

2BR pricing was up 10.72% and 3BR pricing was up 8.46%.


Downtown Jersey City Market Update

Total sales for Downtown Jersey City were up 30% over April with 65 sales.

Pricing increased 6.25% for 1BR pricing and 2BR and 3BR pricing dipped 4.33% and 22.43%, respectively.

Interesting to note that the average Days on Market (DOM) of 22 days is the lowest we've seen since July, 2022.


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.





Kevin G. Dowd
Broker of Record 

5 Marine View Plaza
Suite 310
Hoboken, New Jersey 07030
Mobile: 201.606.5957 | Office: 201.659.8600 

*Licensed in New York
*Nationwide referral network

Each office is independently owned and operated.


















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