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 10/30/23. 

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. Outside of Hoboken, we are starting to see a subtle shift in some neighborhoods toward a neutral market away from the very strong sellers market. Yet overall, Hudson County remains a strong seller’s market. Inventory levels remain low and prices remain high.  

HOBOKEN

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

Hudson County Weekly Real Estate Market Report Hoboken

DOWNTOWN JERSEY CITY

Absorption rate: In Downtown Jersey City, Single Family homes are a seller’s market. 2BR condos and Multi Family homes are a neutral market. Studio/1BR and 3BR condos are a buyer’s market. 

Hudson County Weekly Real Estate Market Report Downtown Jersey City

JERSEY CITY HEIGHTS

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

Hudson County Weekly Real Estate Market Report Jersey City Heights

PROPERTY LISTINGS

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

The Rakela Team
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