HUDSON COUNTY WEEKLY REAL ESTATE MARKET REPORT

The Hudson County Weekly Real Estate Market Report has been updated for Hoboken, Downtown Jersey City, and Jersey City Heights to reflect MLS data through 8/21/23. 

TRENDS

Listings continue to move through the pipeline from Active to Pending to Sold, with new listings coming onto the market each week in most home categories. Overall, Hudson County remains a strong seller’s market; inventory levels are low and prices remain high.  

HOBOKEN 

The table below reflects the Hoboken Real Estate Market remains a strong seller’s market for all home categories: Studio/1BR, 2BR condos, 3BR condos, Single Family homes and Multi-Family homes. 

DOWNTOWN JERSEY CITY

Absorption rate: Downtown Jersey City is a seller’s market for the following home categories: Studio/1BR, 2BR condos, Single Family homes and Multi-Family homes. 3BR condos are a buyer’s market.

JERSEY CITY HEIGHTS

Absorption rate: Jersey City Heights Real Estate market is a seller’s market for the following home categories: 0/1BR condos, 2BR condos, Single Family homes.  3BR condos and Multi-Family homes are a buyer’s market.

PROPERTY LISTINGS

For a full view of available listings, visit the Rakela Team search page.

The Rakela Team
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