Downtown Jersey City Real Estate | Update April

Downtown Jersey City real estate update, April has shown a spike in activity with units pending increasing month over month and the days on market decreasing dramatically from those units sold. With just 218 units currently for sale, there is little inventory for the high demand coming from buyers. "They seem to go into contract the minute we want to see them" - Jersey City buyer

Sales
For the month DTJC saw a total of 40 units close. Up from March's total of 34 sales.
From the lowest sold price of $213,500 for a 610 square foot one bedroom at 254.5 9th street with a list price of $214,500, to the highest sold price of $950,000 for a 4 bedroom 3.5 bath town home featuring 5 floors and a list price of $1.025M

The Median List Price for the month was $444,499 and the Median Sold Price was $431,000. The Median Days On Market was 40 days.

Compared with March's Median List Price of $422,000 and Sale Price of $411,500. The Median Days On Market for March was 75 days.


Pending
This same month DTJC saw a total of 41 units change their status to Pending. Also up from March. From the lowest asking price of $199,000 for a 520 square foot studio at Dixon Mills 186 Wayne street, to the highest asking price of $799,000 for a 1185 square foot two bedroom two bath at Hamilton Square 232 Pavonia Ave.

The Median List Price for those units pending was $395,000 The Median Days on Market was just 38 days.

Compared with March which saw a total of 35 units pending and 49 Median Days on Market
March real estate report

Search downtown Jersey City real estate for an update on homes available for sale.

Downtown Jersey City Real Estate | Weekly Market Update

Downtown Jersey City Real Estate Weekly Market Update
Week of September 13th, 2010

What's hot in JC

Condominium Sales:
For this week there were four closed sales. From the lowest priced, a 650 square foot one bedroom one bath at 254 9th Street with a list price of $325,000 and a sale price of $310,000, to the highest price, a 1585 square foot two bedroom plus den, two bath at 140 Bay Street - Bay Street Lofts, with a list price of $649,000 and a sale price of $635,000.

Pending Sales:
Three units are under contract for the week.
321 8th Street - two bedroom one bath, 650 sq feet with a list price of $365,000
83 Bright Street - two bedroom plus den two bath, 1730 sq feet with a list price of $575,000
50 Wayne Street - two bedroom two bath, 1756 sq feet with a list price of $645,000

Median list price for the week was $424,000, median sale price was $413,750. Median days on market, 152 days.

Single Family Brownstones
No brownstones or single family homes sold or are under contract for this week.


Information provided by the Hudson County Multiple Listing Service, deemed reliable but not guaranteed.

Downtown Jersey City Real Estate | Weekly Market Update

Downtown Jersey City Real Estate Weekly Market Update
Week of August 9th to August 15th, 2010

What's Hot In JC

Condominium Sales:
For this week, there were six sales. The lowest price was a 400 square foot studio at 295 York Street with a list price of $179,000 and a sale price of $170,000. The highest price was a 1173 Sq foot two bed two bath with terrace and parking at Mandalay Bay with a list price of $715,000 and a sale price of $650,000.
Median list price was $445,000 median sale price was $371,500. Median days on market was 9 days.

Pending Sales:
There are 5 units pending for the week. From the lowest price, a 765 square foot studio at Trump Tower with a list price of  $250,000. The highest price, a 1395 square foot 2 bed 3 bath duplex with parking at The Pier House with a list price of $669,000.

Median list price was $449,000. Median days on market was 173 days.

Brownstone Single Family Homes
Sales:
No sales for the week.

Pending:One single family went under contract. And boy it is a gorgeous one. A 5 level, 9 bedroom 4 bath at 210 Washington St in Paulus Hook with a list price 1.650Million.

Compare this week's sales to last weeks.

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

Downtown Jersey City Real Estate | Market Update

Downtown Jersey City Real Estate Market Update
Week of August 1 thru August 8th, 2010

What's hot in JC

Condominium Sales
For the week there were 8 sales. The lowest asking price was for a 900 square foot two bed two bath at 227 Bay St with a list price of $299,900 - sold for $275,000. The highest asking price was for a 1300 sq foot two bed two bath at The Shore Club with a list price of $698,000 - sold for $645,000.
Median list price for the week was $399,900 median sale price was $387,500. Median days on market was 48 days.

Pending Sales
Three units are under contract for the week. Since there are three I'll list them.
420 2nd St 450 sq foot one bed - list price of $169,000
303 7th 1558 sq foot two bed two bath - list price of $489,000
The Shore Club - 1280 sq foot two bed two bath listed at $675,000

Median list price was $489,000 median days on market was 90 days.

Brownstones and Single Family Homes
Sales
No sales for the week.

Pending
No pending contracts for the week

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

Jersey City Real Estate Weekly Sales Update

Downtown Jersey City Real Estate Weekly Sales Update
For the week of July 12th - July 18th 2010

What's Hot In JC

Condominium Sales:
There were 9 sales for this week. From the lowest price, an 822 square foot one bedroom short sale asking $250,000 at The Park Hamilton, sold for $235,000. The highest price sale was a 1366 square foot 2 bed 2 bath at The A with a list price of $650,000 and sold for $650,000.

Median list price was $549,000, median sale price was $545,000. Median days on market 71 days.

Pending Sales:
4 new contracts were written by real estate estate agents. The lowest asking price a 1079 square foot 2 bed 2 bath at 11 Coles St at $389,000. The highest asking price was for a 1756 square foot 2 bed 2 bath at 50 Wayne Street at $649,000.

Median list price $487,000.

Brownstone Single Family Homes:
No single family homes sold for this week.

Pending Sales:
One single family is under contract. 249 2nd street is a 3 bed two bath home with a list price of $399,000.

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