Welcome to My Blog! Please feel free to email me @ karinaabadnj@gmail.com

Friday, April 6, 2012

Jersey City Real Estate Market Update - March

My Jersey City Real Estate Market Update - March Report


Below is a monthly recap of the current state of the market to keep you up to date on activity.

SALES
For the month of March downtown Jersey City saw a total of 29 units close. From the lowest asking price, a 672 sq ft one bedroom short sale at 366 1/2 7th Street with a list and sale price of $199,900, to the highest asking price of $799,000 for a 3 bedroom 2 bath, 2000 sq foot duplex with a sale price of $755,000.

The Median List Price for units sold was $425,000 and the Median Sale Price was $414,000.
Median Days On Market was 73 days.

PENDING
For the month there are a total of 56 units waiting to close. From the lowest asking price of $199,000 for a 630 sq foot one bedroom at 515 Jersey Ave, to the highest asking price of $1.075,000 for a 3 bed 2 bath duplex plus loft at 15 Warren Street.

The Median List price for units pending was $421,000 and the Median Days On Market was 48 days.

Search Jersey City real estate condos for sale and check back here every month for market updates!

No comments:

Post a Comment