HUDSON COUNTY WEEKLY REAL ESTATE MARKET REPORT

Hudson County Market Report broken down by Hoboken, Downtown Jersey City, and Jersey City Heights, as of 3/2/24

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 3/4/24. 

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, especially in Hoboken and with recent market activity across the county in 2024. Inventory levels remain low and prices remain high.   Click here to learn more about Elizabeth’s view of the current Hudson County market.

HOBOKEN

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 and Multi-Family homes.  

DOWNTOWN JERSEY CITY

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

PROPERTY LISTINGS

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

The Rakela Team
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