Jersey City | Real Estate | Market | Snapshot

Downtown Jersey City Real Estate Market Snapshot

Downtown Jersey City saw a much more modest number in sales compared to Hoboken. The total number of units sold for the month of February was 21, identical to January's sales numbers of 21. Slightly better number in pending sales of 31 units. At a pace of 21 units a month, downtown Jersey City currently has a 16 month supply of homes on the market. Average days on market for those sold is 86, shorter than for those pending. This could be attributed to the amount of short sales in the area that are taking longer to close.

Jersey City Sold - Click to view units sold for the month
Total # of Listings
21
Lowest Asking Price
$165,000.00
Average Asking Price
$409,600.00
Highest Asking Price
$677,900.00
Lowest Sold Price
$150,000.00
Average Sold Price
$390,071.00
Highest Sold Price
$645,000.00
Average Price/Sq Feet
$405.04
Average Days On Market
86

Jersey City Pending - total pending units
Total # of Listings
81
Lowest Asking Price
$199,000.00
Average Asking Price
$455,325.00
Highest Asking Price
$999,000.00
Average Price/Sq Feet
$420.75
Average Days On Market
106

These numbers are based solely on condomonium sales and do not reflect, single families, multi families or other properties, including private developer sales which are not all publicly available on the Multiple Listing Service.