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Hoboken:

Inventory continued to outpace demand. November brought 292 Active Listings, an increase of 96% versus last November. At the same time, contract sales dipped to 51, a decrease of 20% versus last November. 

 At the current rate it would take 5.7 months for the market to absorb the inventory putting us in a buyers marker.

Seller vs Buyer Ratio

The amount of sellers versus buyers in the market place.

November 2017


November 2018


Downtown Jersey City:

Inventory continued to strongly outpace demand in Downtown Jersey City. November brought 350 Active Listings, an increase of 143% versus last November. At the same time, contract sales dipped to 26, a decrease of 25% versus last November.  At the current rate it would take 13.4 months for the market to absorb the inventory putting us in a strong buyers marker.

Seller vs Buyer Ratio

The amount of sellers versus buyers in the market place.

November 2017


November 2018


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Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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