A dive into the numbers suggests that a glut of inventory listed for sale hasn’t negatively impacted prices in Jersey City’s leading neighborhood.
A slight decline along the waterfront was offset by solid appreciation in Jersey City's outer neighborhoods.
A preliminary assessment for 2018 shows a rise in property values for the Jersey Shore city of Asbury Park. As the numbers go up, at least one group is trying to keep the community accessible for those who aren’t super rich.
The latest numbers show more modest value gains in most of the city’s neighborhoods and while transaction totals are strong, listings are averaging more days on the market.
With Jersey City's reval in full swing, the numbers are now in for the first quarter of this new reality.
Last quarter’s real estate numbers show The Heights isn’t slowing down, but the same can’t be said for property values in Downtown JC and Hoboken.
In what shaped up to be a banner year, Jersey City closed 2016 out strong by taking the crown as NYC’s Best Neighborhood in 2016’s Curbed Cup. Now, with the release of Pure Properties’ highly anticipated South Hudson County Market Report, the city has even more to brag about.
A Pure Properties market report shows that average sale prices for both homes and condos went up double-digit percentages on the year despite an underwhelming 4th quarter.
While leasing activity was well below the state’s long-term average for office space, some positive signs and major transactions emerged during the summer months.
Areas outside of Downtown Jersey City had a somewhat slow first quarter, but properties are selling quicker than they were last year.
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