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 2/5/24.
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, especially with recent market activity so far in 2024. Inventory levels remain low and prices remain high.
The table below reflects the Hoboken Real Estate Market remains a strong seller’s market for the following home categories: Studio/1BR condos, 2BR condos, 3BR condos and Single-Family homes.
DOWNTOWN JERSEY CITY
Absorption rate: In Downtown Jersey City, Studio/1BR condos, 2BR condos, Single and Multi-Family homes are a seller’s market; 3BR condos are a neutral market.
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, Single and Multi-family homes. 3BR condos are a neutral market.
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