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Monday, August 4, 2014

Downtown Jersey City Condo Market Update | Market Snapshot by Karina Abad

Downtown Jersey City Condo Market Update a Market Snapshot

140 Bay Street Lofts in Jersey City

Jersey City remains very active with the number of units down from June however the Median Sold Price is actually up 4.7% while the median days on market is up just three days.


July  52 Units Sold                                       June 65 Units Sold
Median List Price  $613,500                        Median List Price  $589,000
Median Sold Price $612,500                       Median Sold Price $585,000
Median D.O.M.     17 Days                         Median D.O.M.     14 Days


There are 76 units under contract in July with a Median List Price of $596,250 and Median Days on Market of 25 Days.

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