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Tuesday, October 19, 2010

Downtown Jersey City Real Estate | Weekly Market Update

Downtown Jersey City Real Estate Weekly Market Update
Week of October 11th 2010

What's hot

Condominium Sales: For the week sales are up compared to last week's number of just one. This week, 7 units sold. From the lowest price, a 560 square foot studio at Montgomery Greene - 105 Greene St with an asking price of $250,000 sold above asking for $260,000. The highest price sale, a 1545 sq foot three bedroom two bath duplex with parking at The Shore Club - 1 Shore Lane, with a list price of $759,000 sold for $727,500.

Median List Price for this week was $526,900. Median Sale Price was $505,000. Median days on market was 76 days.

Pending Sales: For the week just one unit is under contract. A 566 square foot one bedroom short sale at The Athena - 389 Washington St is under contract.

Brownstones & Single Family Homes
Sales: Zero for the week.
Pending: Zero for the week.

Compare this week to last week's sales.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

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