Data from Wednesday to Tuesday, Ending December 12, 2012

Downtown Jersey City

68 Active listings
143 Under Contract

10 Properties came on the Market This Week vs 8 Last week

1 Properties Went Into Contract This Week vs 4 Last week
10 Properties Sold This Week vs 19 Last week
There are 68 Active properties in JC. The following links can help you hone your search in your target neighborhood.
143 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12
27-Nov-12
4-Dec-12
11-Dec-12

The absorption rate is 6.80 weeks. That is it would take 6.80 weeks at the current rate of sales to sell off the current inventory. Last week that was 2.63.
Downtown Jersey City Absorption Rate Update Dec 12, 2012
6.80 weeks vs 2.63 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

78%
11%
0%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$446

953

$425,085

$450

730

$329,000

$0

$0

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$655

900

$596,166

2BR

13%

$1000

1550

$1,550,000

3BR

38%

$655

1502

$982,259

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

100%

$487

942

$459,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$506

532

$269,500

1BR

100%

$370

1200

$445,000

2BR

33%

$789

1709

$1,350,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$532

751

$399,900

1BR

13%

$403

656

$265,000

2BR

0%

$0

$0

2BR

50%

$408

933

$386,950

3BR

0%

$0

$0

3BR

13%

$480

1300

$624,900

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$698

944

$659,000

2BR

50%

$1000

1550

$1,550,000

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending December 06, 2012

Downtown Jersey City

50 Active listings
155 Under Contract

8 Properties came on the Market This Week vs 11 Last week

4 Properties Went Into Contract This Week vs 3 Last week
19 Properties Sold This Week vs 4 Last week
There are 50 Active properties in JC. The following links can help you hone your search in your target neighborhood.
155 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12
27-Nov-12
4-Dec-12

The absorption rate is 2.63 weeks. That is it would take 2.63 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.50.
Downtown Jersey City Absorption Rate Update Dec 05, 2012
2.63 weeks vs 30.50 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

75%
13%
13%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$454

966

$437,731

$450

730

$329,000

$0

$990,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$477

765

$365,000

2BR

33%

$1000

1550

$1,550,000

3BR

33%

$593

1600

$949,000

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$506

532

$269,500

1BR

100%

$370

1200

$445,000

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

14%

$403

656

$265,000

2BR

0%

$0

$0

2BR

57%

$408

933

$386,950

3BR

0%

$0

$0

3BR

14%

$480

1300

$624,900

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$698

944

$659,000

2BR

50%

$1000

1550

$1,550,000

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending November 28, 2012

Downtown Jersey City

122 Active listings
181 Under Contract

11 Properties came on the Market This Week vs 16 Last week

3 Properties Went Into Contract This Week vs 7 Last week
4 Properties Sold This Week vs 14 Last week
There are 122 Active properties in JC. The following links can help you hone your search in your target neighborhood.
181 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300

Active
Listings

250
200

Sold
Listings
last week

150
100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12
27-Nov-12

The absorption rate is 30.50 weeks. That is it would take 30.50 weeks at the current rate of sales to sell off the current inventory. Last week that was
8.50.
Downtown Jersey City Absorption Rate Update Nov 28, 2012
30.50 weeks vs 8.50 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

67%
17%
0%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$437

994

$440,625

$263

1272

$452,500

$0

$0

$/Sq Ft

Sq Ft

$Avg Price

1BR

63%

$650

878

$576,910

2BR

0%

$0

$0

3BR

38%

$724

1502

$1,082,629

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

100%

$516

1502

$775,000

3BR

100%

$516

939

$484,888

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$539

606

$350,750

1BR

100%

$370

1200

$445,000

2BR

13%

$789

1,709

$1,350,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$388

450

$175,000

1BR

15%

$391

762

$302,000

2BR

0%

$0

$0

2BR

38%

$444

929

$405,760

3BR

0%

$0

$0

3BR

23%

$463

350

$525,800

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

2BR

0%

$0

$0

3BR

50%

$417

1377

$575,000

Data from Wednesday to Tuesday, Ending November 21, 2012

Downtown Jersey City

119 Active listings
184 Under Contract

16 Properties came on the Market This Week vs 9 Last week

7 Properties Went Into Contract This Week vs 8 Last week
14 Properties Sold This Week vs 6 Last week
There are 119 Active properties in JC. The following links can help you hone your search in your target neighborhood.
184 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
350

Absorptio
n Rate

300
250
Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12

The absorption rate is 8.50 weeks. That is it would take 8.50 weeks at the current rate of sales to sell off the current inventory. Last week that was
19.17.
Downtown Jersey City Absorption Rate Update Nov 21, 2012
8.50 weeks vs 19.17 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

62%
23%
0%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$437

994

$440,625

$396

1313

$541,333

$0

$0

$/Sq Ft

Sq Ft

$Avg Price

1BR

63%

$650

878

$576,910

2BR

0%

$0

$0

3BR

38%

$724

1502

$1,082,629

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

100%

$516

1502

$775000

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

57%

$539

606

$350,750

1BR

100%

$370

1200

$445,000

2BR

14%

$789

1,709

$1,350,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$388

450

$175,000

1BR

17%

$391

762

$302,000

2BR

0%

$0

$0

2BR

42%

$443

912

$419,580

3BR

0%

$0

$0

3BR

17%

$480

1300

$476,200

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

2BR

0%

$0

$0

3BR

50%

$417

1377

$575000

Data from Wednesday to Tuesday, Ending November 14, 2012

Downtown Jersey City

115 Active listings
198 Under Contract

9 Properties came on the Market This Week vs 1 Last week

8 Properties Went Into Contract This Week vs 1 Last week
6 Properties Sold This Week vs 1 Last week
There are 115 Active properties in JC. The following links can help you hone your search in your target neighborhood.
198 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12

The absorption rate is 19.17 weeks. That is it would take 19.17 weeks at the current rate of sales to sell off the current inventory. Last week that was
116.0.
Downtown Jersey City Absorption Rate Update Nov 14, 2012
19.17 weeks vs 116.0 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

42%
33%
8%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$424

918

$395,600

$408

1457

$593,500

$424

1518

$645,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

56%

$702

887

$622,888

2BR

11%

$557

1486

$829,000

3BR

33%

$724

1502

$1,082,629

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$565

628

$384,667

1BR

100%

$370

1200

$445,000

2BR

25%

$638

1,367

$925,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$388

450

$175,000

1BR

15%

$391

762

$302,000

2BR

0%

$0

$0

2BR

46%

$440

1078

$474,650

3BR

0%

$0

$0

3BR

15%

$426

1300

$476,200

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending November 7, 2012

Downtown Jersey City

116 Active listings
201 Under Contract

1 Properties came on the Market This Week vs 5 Last week

1 Properties Went Into Contract This Week vs 8 Last week
1 Properties Sold This Week vs 5 Last week
There are 116 Active properties in JC. The following links can help you hone your search in your target neighborhood.
201 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12

The absorption rate is 116.0 weeks. That is it would take 116.0 weeks at the current rate of sales to sell off the current inventory. Last week that was
24.80.
Downtown Jersey City Absorption Rate Update Nov 07, 2012
116.0 weeks vs 24.80 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

33%
42%
8%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$412

900

$377,250

$410

1350

$560,600

$424

1518

$645,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$724

911

$657,388

2BR

13%

$557

1486

$829,000

3BR

38%

$724

1502

$1,082,629

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

100%

$572

696

$398,500

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

29%

$572

680

$432,000

1BR

100%

$370

1200

$445,000

2BR

43%

$666

1,489

$1,033,333

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$388

450

$175,000

1BR

15%

$391

762

$302,000

2BR

0%

$0

$0

2BR

46%

$440

1078

$474,650

3BR

0%

$0

$0

3BR

15%

$480

1300

$476,200

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending October 31, 2012

Downtown Jersey City

124 Active listings
200 Under Contract

5 Properties came on the Market This Week vs 7 Last week

8 Properties Went Into Contract This Week vs 9 Last week
5 Properties Sold This Week vs 7 Last week
There are 124 Active properties in JC. The following links can help you hone your search in your target neighborhood.
200 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12

The absorption rate is 24.80 weeks. That is it would take 24.80 weeks at the current rate of sales to sell off the current inventory. Last week that was
18.43.
Downtown Jersey City Absorption Rate Update October 31, 2012
24.80 weeks vs 18.43 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

36%
36%
9%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$412

900

$377,250

$412

900

$377,250

$412

900

$772,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$724

911

$657,388

2BR

13%

$557

1486

$829,000

3BR

38%

$724

1502

$1,082,629

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

100%

$572

696

$398,500

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

29%

$572

680

$432,000

1BR

100%

$370

1200

$445,000

2BR

43%

$666

1,489

$1,033,333

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

75%

$345

683

$221,333

1BR

17%

$391

762

$302,000

2BR

0%

$0

$0

2BR

42%

$438

1071

$469,780

3BR

0%

$0

$0

3BR

17%

$480

1300

$476,200

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$596

853

$389,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending October 24, 2012

Downtown Jersey City

129 Active listings
198 Under Contract

7 Properties came on the Market This Week vs 15 Last week

9 Properties Went Into Contract This Week vs 14 Last week
7 Properties Sold This Week vs 5 Last week
There are 129 Active properties in JC. The following links can help you hone your search in your target neighborhood.
198 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12

The absorption rate is 18.43 weeks. That is it would take 18.43 weeks at the current rate of sales to sell off the current inventory. Last week that was
27.00.
Downtown Jersey City Absorption Rate Update October 24, 2012
18.43 weeks vs 27.00 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

23%
38%
15%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$409

828

$346,333

$393

1194

$484,600

$462

1659

$772,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$724

911

$657,388

2BR

13%

$557

1486

$829,000

3BR

38%

$724

1502

$1,082,629

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

100%

$572

696

$398,500

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$572

680

$432,000

1BR

100%

$370

1200

$445,000

2BR

33%

$604

1,379

$875,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

75%

$345

683

$221,333

1BR

17%

$391

762

$302,000

2BR

0%

$0

$0

2BR

42%

$438

1071

$469,780

3BR

0%

$0

$0

3BR

17%

$480

1300

$476,200

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$457

853

$389,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending October 17, 2012

Downtown Jersey City

135 Active listings
198 Under Contract

15 Properties came on the Market This Week vs 12 Last week

14 Properties Went Into Contract This Week vs 15 Last week
5 Properties Sold This Week vs 5 Last week
There are 135 Active properties in JC. The following links can help you hone your search in your target neighborhood.
198 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150

Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12

The absorption rate is 27.00 weeks. That is it would take 27.00 weeks at the current rate of sales to sell off the current inventory. Last week that was
29.40.
Downtown Jersey City Absorption Rate Update October 17, 2012
27.00 weeks vs 29.40 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

40%
33%
13%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$475

829

$400,483

$398

1194

$488,800

$462

1659

$772,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

57%

$724

911

$657,388

2BR

14%

$557

1486

$829,000

3BR

29%

$593

1527

$1,124,500

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

100%

$572

696

$398,500

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

56%

$503

773

$399,580

1BR

50%

$413

721

$314,394

2BR

22%

$604

1,379

$875,000

2BR

25%

$519

1366

$709,000

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

75%

$345

683

$221,333

1BR

10%

$417

899

$375,000

2BR

0%

$0

$0

2BR

50%

$432

1162

$491,780

3BR

0%

$0

$0

3BR

20%

$483

1300

$478,250

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$457

853

$389,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending October 10, 2012

Downtown Jersey City

147 Active listings
190 Under Contract

12 Properties came on the Market This Week vs 10 Last week

15 Properties Went Into Contract This Week vs 18 Last week
5 Properties Sold This Week vs 14 Last week
There are 147 Active properties in JC. The following links can help you hone your search in your target neighborhood.
190 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12

The absorption rate is 29.40 weeks. That is it would take 29.40 weeks at the current rate of sales to sell off the current inventory. Last week that was
11.14.
Downtown Jersey City Absorption Rate Update October 10, 2012
29.40 weeks vs 11.14 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

44%
31%
13%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$449

839

$380,700

$398

1194

$488,800

$462

1659

$772,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$547

814

$444,894

2BR

33%

$538

1426

$769,000

3BR

33%

$743

1527

$1,124,500

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

63%

$503

773

$399,580

1BR

50%

$413

721

$314,394

2BR

13%

$721

1,732

$1,250,000

2BR

25%

$519

1366

$709,000

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

80%

$393

706

$269,725

1BR

9%

$417

899

$375,000

2BR

0%

$0

$0

2BR

45%

$432

1162

$491,780

3BR

0%

$0

$0

3BR

18%

$483

1300

$478,250

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$373

877

$325,950

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending October 3, 2012

Downtown Jersey City

156 Active listings
184 Under Contract

10 Properties came on the Market This Week vs 14 Last week

18 Properties Went Into Contract This Week vs 11 Last week
14 Properties Sold This Week vs 12 Last week
There are 156 Active properties in JC. The following links can help you hone your search in your target neighborhood.
184 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150

Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12

The absorption rate is 11.14 weeks. That is it would take 11.14 weeks at the current rate of sales to sell off the current inventory. Last week that was
14.17.
Downtown Jersey City Absorption Rate Update October 3, 2012
11.14 weeks vs 14.17 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

50%
28%
17%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$444

851

$380,200

$434

1190

$510,600

$493

1729

$861,000

1BR

$/Sq Ft

Sq Ft

$Avg Price

40%

$547

814

$444,894

2BR

40%

$538

1426

$769,000

3BR

20%

$894

1454

$1,300,000

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

57%

$504

801

$417,000

1BR

50%

$268

721

$314,394

2BR

14%

$721

1,732

$1,250,000

2BR

25%

$0

1366

$709,000

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

80%

$393

706

$269,725

1BR

8%

$417

899

$375,000

2BR

0%

$0

$0

2BR

42%

$432

1162

$477,980

3BR

0%

$0

$0

3BR

25%

$483

1300

$459,117

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$290

902

$262,000

2BR

0%

$0

$0

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending September 26, 2012

Downtown Jersey City

170 Active listings
183 Under Contract

14 Properties came on the Market This Week vs 15 Last week

11 Properties Went Into Contract This Week vs 14 Last week
12 Properties Sold This Week vs 10 Last week
There are 170 Active properties in JC. The following links can help you hone your search in your target neighborhood.
183 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings last
week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12

The absorption rate is 14.17 weeks. That is it would take 14.17 weeks at the current rate of sales to sell off the current inventory. Last week that was
17.60.
Downtown Jersey City Absorption Rate Update September 26, 2012
14.17 weeks vs 17.60 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

53%
29%
12%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$446

815

$318,867

$433

1191

$510,600

$527

1835

$969,000

1BR

$/Sq Ft

Sq Ft

$Avg Price

50%

$604

812

$489,896

2BR

33%

$518

1262

$654,500

3BR

17%

$894

1454

$1,300,000

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$504

801

$417,000

1BR

60%

$415

846

$362,596

2BR

25%

$597

1,445

$899,500

2BR

20%

$519

1366

$709,000

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

80%

$393

706

$269,725

1BR

8%

$417

899

$375,000

2BR

0%

$0

$0

2BR

46%

$427

1089

$452,467

3BR

0%

$0

$0

3BR

23%

$483

1300

$459,117

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$290

902

$262,000

2BR

33%

$518

1,158

$600,000

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending September 19, 2012

Downtown Jersey City

176 Active listings
176 Under Contract

15 Properties came on the Market This Week vs 21 Last week

14 Properties Went Into Contract This Week vs 15 Last week
10 Properties Sold This Week vs 5 Last week
There are 176 Active properties in JC. The following links can help you hone your search in your target neighborhood.
176 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
350

Absorption
Rate

300
250
200

Active
Listings

150
100
50

Sold
Listings
last week
7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12

The absorption rate is 17.60 weeks. That is it would take 17.60 weeks at the current rate of sales to sell off the current inventory. Last week that was
36.00.
Downtown Jersey City Absorption Rate Update September 19, 2012
17.60 weeks vs 36.00 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

47%
35%
12%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$448

817

$369,600

$433

1191

$482,000

$527

1835

$969,000

1BR

$/Sq Ft

Sq Ft

$Avg Price

60%

$604

812

$489,896

2BR

40%

$518

1262

$654,500

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

100%

$493

894

$441,279

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

44%

$504

801

$417,000

1BR

67%

$428

853

$374,447

2BR

44%

$623

1,288

$811,750

2BR

17%

$519

1366

$709,000

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$393

525

$207,000

1BR

11%

$368

839

$312,500

2BR

0%

$0

$0

2BR

50%

$400

1150

$449,422

3BR

0%

$0

$0

3BR

17%

$483

1300

$459,117

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$290

902

$262,000

2BR

33%

$518

1,158

$600,000

3BR

0%

$0

$0

Data from Wednesday to Tuesday, Ending September 12, 2012

Downtown Jersey City

180 Active listings
177 Under Contract

21 Properties came on the Market This Week vs 15 Last week

15 Properties Went Into Contract This Week vs 11 Last week
5 Properties Sold This Week vs 6 Last week
There are 180 Active properties in JC. The following links can help you hone your search in your target neighborhood.
177 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12

The absorption rate is 36.00 weeks. That is it would take 36.00 weeks at the current rate of sales to sell off the current inventory. Last week that was
31.00.
Downtown Jersey City Absorption Rate Update September 12, 2012
36.00 weeks vs 31.00 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

41%
35%
18%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$444

797

$357,271

$433

1191

$482,000

$496

1729

$865,667

1BR

$/Sq Ft

Sq Ft

$Avg Price

50%

$718

807

$579,900

2BR

50%

$518

1158

$600,000

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

100%

$493

894

$441,279

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$472

762

$376,600

1BR

60%

$437

772

$351,263

2BR

50%

$656

1,372

$919,400

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

20%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$377

558

$209,667

1BR

13%

$268

839

$312,500

2BR

0%

$0

$0

2BR

53%

$400

1150

$449,350

3BR

0%

$0

$0

3BR

13%

$0

$374,175

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

25%

$290

902

$262,000

2BR

25%

$518

1,158

$600,000

3BR

25%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending September 05, 2012

Downtown Jersey City

186 Active listings
172 Under Contract

15 Properties came on the Market This Week vs 20 Last week

11 Properties Went Into Contract This Week vs 10 Last week
6 Properties Sold This Week vs 9 Last week
There are 186 Active properties in JC. The following links can help you hone your search in your target neighborhood.
172 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings last
week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12

The absorption rate is 31.00 weeks. That is it would take 31.00 weeks at the current rate of sales to sell off the current inventory. Last week that was
20.89.
Downtown Jersey City Absorption Rate Update September 05, 2012
31.00 weeks vs 20.89 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

27%
47%
20%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$365

797

$291,725

$447

1236

$520,143

$496

1729

$865,667

1BR

$/Sq Ft

Sq Ft

$Avg Price

50%

$718

807

$579,900

2BR

50%

$505

1158

$585,000

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

50%

$519

780

$405,000

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$385

691

$271,667

1BR

43%

$511

1116

$567,929

2BR

63%

$656

1,372

$919,400

2BR

29%

$478

1915

$909,450

3BR

0%

$0

$0

3BR

14%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$377

558

$209,667

1BR

8%

$417

899

$375,000

2BR

0%

$0

$0

2BR

67%

$402

1154

$454,422

3BR

0%

$0

$0

3BR

17%

$0

$374,175

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

25%

$290

902

$262,000

2BR

25%

$505

1,158

$585,000

3BR

25%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending August 29, 2012

Downtown Jersey City

188 Active listings
171 Under Contract

20 Properties came on the Market This Week vs 10 Last week

10 Properties Went Into Contract This Week vs 7 Last week
9 Properties Sold This Week vs 14 Last week
There are 188 Active properties in JC. The following links can help you hone your search in your target neighborhood.
171 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12

The absorption rate is 20.89 weeks. That is it would take 20.89 weeks at the current rate of sales to sell off the current inventory. Last week that was
13.50.
Downtown Jersey City Absorption Rate Update August 29, 2012
20.89 weeks vs 13.50 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

31%
38%
23%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$365

797

$291,725

$436

1191

$514,600

$466

1659

$845,667

1BR

$/Sq Ft

Sq Ft

$Avg Price

50%

$718

807

$579,900

2BR

50%

$505

1158

$585,000

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

50%

$519

780

$405,000

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

45%

$426

666

$316,800

1BR

43%

$511

1116

$567,929

2BR

45%

$639

1,429

$921,400

2BR

29%

$478

1915

$909,450

3BR

0%

$0

$0

3BR

14%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

75%

$381

558

$211,333

1BR

17%

$368

839

$312,500

2BR

0%

$0

$0

2BR

67%

$401

1198

$470,613

3BR

0%

$0

$0

3BR

17%

$0

$374,175

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$290

902

$262,000

2BR

40%

$501

1,532

$767,000

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending August 22, 2012

Downtown Jersey City

189 Active listings
164 Under Contract

10 Properties came on the Market This Week vs 12 Last week

7 Properties Went Into Contract This Week vs 11 Last week
14 Properties Sold This Week vs 6 Last week
There are 189 Active properties in JC. The following links can help you hone your search in your target neighborhood.
164 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150

Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12

The absorption rate is 13.50 weeks. That is it would take 13.50 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.83.
Downtown Jersey City Absorption Rate Update August 22, 2012
13.50 weeks vs 30.83 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

23%
38%
23%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$322

817

$267,333

$436

1191

$514,600

$466

1659

$845,667

1BR

$/Sq Ft

Sq Ft

$Avg Price

50%

$718

807

$579,900

2BR

50%

$505

1158

$585,000

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

42%

$426

666

$316,800

1BR

43%

$511

1116

$567,929

2BR

50%

$623

1,422

$892,667

2BR

29%

$478

1915

$909,450

3BR

0%

$0

$0

3BR

14%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$381

558

$211,333

1BR

15%

$368

839

$312,500

2BR

0%

$0

$0

2BR

62%

$401

1198

$470,613

3BR

0%

$0

$0

3BR

15%

$0

$363,700

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

17%

$290

902

$262,000

2BR

50%

$534

1,438

$761,333

3BR

17%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending August 15, 2012

Downtown Jersey City

185 Active listings
171 Under Contract

12 Properties came on the Market This Week vs 16 Last week

11 Properties Went Into Contract This Week vs 16 Last week
6 Properties Sold This Week vs 9 Last week
There are 185 Active properties in JC. The following links can help you hone your search in your target neighborhood.
171 are under contract in this week. Of Course, if you have specific need please contact me directly.
400

Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12

The absorption rate is 30.83 weeks. That is it would take 30.83 weeks at the current rate of sales to sell off the current inventory. Last week that was
21.00.
Downtown Jersey City Absorption Rate Update August 15, 2012
30.83 weeks vs 21.00 last week.
Listings in the Hamilton Park
%
1BR

2BR
3BR

23%
46%
18%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$322

817

$267,333

$432

1194

$512,150

$466

1659

$779,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$718

807

$579,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$430

733

$316,800

1BR

56%

$522

1006

$523,113

2BR

54%

$600

1,405

$850,714

2BR

22%

$478

1915

$909,450

3BR

0%

$0

$0

3BR

11%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$381

558

$211,333

1BR

8%

$417

899

$375,000

2BR

0%

$0

$0

2BR

67%

$397

1201

$466,850

3BR

0%

$0

$0

3BR

17%

$0

$363,700

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$290

902

$262,000

2BR

40%

$548

1,578

$849,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending August 8, 2012

Downtown Jersey City

189 Active listings
170 Under Contract

16 Properties came on the Market This Week vs 6 Last week

16 Properties Went Into Contract This Week vs 11 Last week
9 Properties Sold This Week vs 9 Last week
There are 189 Active properties in JC. The following links can help you hone your search in your target neighborhood.
170 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12

The absorption rate is 21.00 weeks. That is it would take 21.00 weeks at the current rate of sales to sell off the current inventory. Last week that was
22.11.
Downtown Jersey City Absorption Rate Update August 8, 2012
21.00 weeks vs 22.11 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

27%
45%
18%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$322

817

$267,333

$442

1191

$521,600

$466

1659

$779,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$718

807

$579,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

43%

$422

772

$325,500

1BR

67%

$537

983

$623,759

2BR

50%

$600

1,405

$850,714

2BR

22%

$481

1915

$914,000

3BR

0%

$0

$0

3BR

11%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$381

558

$211,333

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

70%

$400

1204

$469,129

3BR

0%

$0

$0

3BR

20%

$0

$363,700

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$290

902

$262,000

2BR

40%

$548

1,578

$849,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending August 1, 2012

Downtown Jersey City

199 Active listings
162 Under Contract

6 Properties came on the Market This Week vs 14 Last week

11 Properties Went Into Contract This Week vs 6 Last week
9 Properties Sold This Week vs 7 Last week
There are 199 Active properties in JC. The following links can help you hone your search in your target neighborhood.
162 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12

The absorption rate is 22.11 weeks. That is it would take 22.11 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.57.
Downtown Jersey City Absorption Rate Update August 1, 2012
22.11 weeks vs 30.57 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

30%
40%
20%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$322

817

$267,333

$403

1196

$477,250

$467

1659

$779,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$718

807

$579,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

1BR

0%

$0

$0

2BR

100%

$463

1026

$475,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

43%

$422

772

$325,500

1BR

50%

$556

848

$472,138

2BR

50%

$603

1,405

$855,000

2BR

38%

$465

1806

$839,333

3BR

0%

$0

$0

3BR

13%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$381

558

$211,333

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

70%

$400

1204

$469,129

3BR

0%

$0

$0

3BR

20%

$0

$363,700

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$290

902

$262,000

2BR

40%

$548

1,578

$849,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending July 25, 2012

Downtown Jersey City

214 Active listings
168 Under Contract

14 Properties came on the Market This Week vs 15 Last week

6 Properties Went Into Contract This Week vs 6 Last week
7 Properties Sold This Week vs 10 Last week
There are 214 Active properties in JC. The following links can help you hone your search in your target neighborhood.
168 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150

Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12

The absorption rate is 30.57 weeks. That is it would take 30.57 weeks at the current rate of sales to sell off the current inventory. Last week that was
22.30.
Downtown Jersey City Absorption Rate Update July 25 , 2012
30.57 weeks vs 22.30 last week.
Listings in the Hamilton Park

%
1BR

2BR
3BR

36%
36%
18%

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$399

844

$345,250

$403

1197

$477,250

$466

1659

$779,000

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$610

841

$509,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$462

1026

$445,000

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

36%

$438

802

$347,600

1BR

50%

$556

848

$472,138

2BR

50%

$603

1,405

$855,000

2BR

38%

$465

1806

$839,333

3BR

0%

$0

$0

3BR

13%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$399

525

$209,500

1BR

8%

$385

869

$355,000

2BR

0%

$0

$0

2BR

69%

$394

1201

$463,211

3BR

0%

$0

$0

3BR

15%

$0

$363,700

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$290

902

$262,000

2BR

40%

$548

1,578

$849,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending July 18, 2012

Downtown Jersey City

223 Active listings
167 Under Contract

15 Properties came on the Market This Week vs 19 Last week

6 Properties Went Into Contract This Week vs 9 Last week
10 Properties Sold This Week vs 5 Last week
There are 223 Active properties in JC. The following links can help you hone your search in your target neighborhood.
167 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12

The absorption rate is 22.30 weeks. That is it would take 22.30 weeks at the current rate of sales to sell off the current inventory. Last week that was
44.20.
Downtown Jersey City Absorption Rate Update July 18 , 2012
22.30 weeks vs 44.20 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

47%

$452

866

$397,071

$441

1171

$469,500

$472

1725

$819,000

27%
20%

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$718

807

$579,900

2BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$454

638

$289,900

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$438

802

$347,600

1BR

50%

$556

848

$472,138

2BR

46%

$626

1,441

$906,000

2BR

38%

$465

1806

$839,333

3BR

0%

$0

$0

3BR

13%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$399

525

$209,500

1BR

8%

$385

869

$355,000

2BR

0%

$0

$0

2BR

62%

$394

1240

$478,625

3BR

0%

$0

$0

3BR

23%

$408

1468

$442,133

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$290

902

$262,000

2BR

40%

$548

1,578

$849,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending July 11, 2012

Downtown Jersey City

221 Active listings
174 Under Contract

19 Properties came on the Market This Week vs 13 Last week

9 Properties Went Into Contract This Week vs 11 Last week
5 Properties Sold This Week vs 7 Last week
There are 221 Active properties in JC. The following links can help you hone your search in your target neighborhood.
174 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12

The absorption rate is 44.20 weeks. That is it would take 44.20 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.57.
Downtown Jersey City Absorption Rate Update July 11 , 2012
44.20 weeks vs 30.57 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

50%

$449

796

$365,425

$441

1171

$469,500

$472

1725

$819,000

25%
19%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$718

807

$579,900

2BR

0%

$0

$0

3BR

50%

$503

1450

$730,007

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$454

638

$289,900

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$438

802

$347,600

1BR

56%

$527

844

$445,690

2BR

46%

$626

1,441

$906,000

2BR

33%

$465

1806

$839,333

3BR

0%

$0

$0

3BR

11%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$399

525

$209,500

1BR

7%

$385

869

$355,000

2BR

0%

$0

$0

2BR

57%

$394

1240

$478,625

3BR

0%

$0

$0

3BR

29%

$408

1468

$906,600

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$350

865

$300,950

2BR

33%

$548

1,578

$849,500

3BR

17%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending July 4, 2012

Downtown Jersey City

214 Active listings
172 Under Contract

13 Properties came on the Market This Week vs 20 Last week

11 Properties Went Into Contract This Week vs 12 Last week
7 Properties Sold This Week vs 9 Last week
There are 214 Active properties in JC. The following links can help you hone your search in your target neighborhood.
172 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300

Active
Listings

250
200

Sold
Listings
last week

150
100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12

The absorption rate is 30.57 weeks. That is it would take 30.57 weeks at the current rate of sales to sell off the current inventory. Last week that was
25.44.
Downtown Jersey City Absorption Rate Update July 04, 2012
30.57 weeks vs 25.44 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

44%

$449

796

$365,425

$399

1251

$467,833

$472

1725

$819,000

33%
17%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$718

807

$579,900

2BR

0%

$0

$0

3BR

50%

$503

1450

$730,007

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

100%

$454

638

$289,900

1BR

0%

$0

$0

2BR

0%

$0

$0

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

42%

$438

802

$347,600

1BR

63%

$527

844

$445,690

2BR

42%

$549

1,381

$807,400

2BR

25%

$444

1895

$844,500

3BR

0%

$0

$0

3BR

13%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$399

525

$209,500

1BR

7%

$385

869

$355,000

2BR

0%

$0

$0

2BR

60%

$393

1266

$487,566

3BR

0%

$0

$0

3BR

27%

$408

1468

$906,600

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

40%

$350

865

$300,950

2BR

20%

$498

1,906

$949,000

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending June 27, 2012

Downtown Jersey City

229 Active listings
164 Under Contract

20 Properties came on the Market This Week vs 13 Last week

12 Properties Went Into Contract This Week vs 9 Last week
9 Properties Sold This Week vs 7 Last week
There are 229 Active properties in JC. The following links can help you hone your search in your target neighborhood.
164 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12

The absorption rate is 25.44 weeks. That is it would take 25.44 weeks at the current rate of sales to sell off the current inventory. Last week that was
33.57.
Downtown Jersey City Absorption Rate Update June 27, 2012
25.44 weeks vs 33.57 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

47%

$495

841

$426,215

$399

1251

$467,833

$472

1725

$819,000

32%
16%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$718

807

$597,900

2BR

0%

$0

$0

3BR

50%

$503

1450

$730,007

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$454

638

$289,900

1BR

0%

$0

$0

2BR

67%

$437

857

$376,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

40%

$456

790

$356,317

1BR

56%

$527

844

$445,690

2BR

47%

$536

1,287

$728,486

2BR

33%

$469

1806

$848,000

3BR

0%

$0

$0

3BR

11%

$894

1454

$1,300,000

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$399

525

$209,500

1BR

6%

$385

869

$355,000

2BR

0%

$0

$0

2BR

63%

$383

1214

$460,800

3BR

0%

$0

$0

3BR

25%

$408

1468

$906,600

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

17%

$410

829

$339,900

2BR

50%

$502

1,370

$691,333

3BR

17%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending June 20, 2012

Downtown Jersey City

235 Active listings
163 Under Contract

13 Properties came on the Market This Week vs 18 Last week

9 Properties Went Into Contract This Week vs 6 Last week
7 Properties Sold This Week vs 13 Last week
There are 235 Active properties in JC. The following links can help you hone your search in your target neighborhood.
163 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150

Sold
Listings
last week

100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12

The absorption rate is 33.57 weeks. That is it would take 33.57 weeks at the current rate of sales to sell off the current inventory. Last week that was
18.69.
Downtown Jersey City Absorption Rate Update June 20, 2012
33.57 weeks vs 18.69 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

50%

$495

841

$426,215

$400

1181

$467,833

$480

1725

$832,667

33%
17%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$718

807

$597,900

2BR

0%

$0

$0

3BR

50%

$503

1450

$730,007

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$454

638

$289,900

1BR

0%

$0

$0

2BR

67%

$437

857

$376,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$467

857

$391,580

1BR

69%

$565

837

$472,778

2BR

53%

$540

1,315

$746,163

2BR

31%

$497

1630

$797,500

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$398

600

$239,000

1BR

7%

$385

869

$355,000

2BR

0%

$0

$0

2BR

60%

$381

1227

$463,222

3BR

0%

$0

$0

3BR

27%

$408

1468

$912,100

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

17%

$410

829

$339,900

2BR

50%

$502

1,370

$691,333

3BR

17%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending June 13, 2012

Downtown Jersey City

243 Active listings
161 Under Contract

18 Properties came on the Market This Week vs 18 Last week

6 Properties Went Into Contract This Week vs 8 Last week
13 Properties Sold This Week vs 5 Last week
There are 243 Active properties in JC. The following links can help you hone your search in your target neighborhood.
161 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorptio
n Rate

350
300
250

Active
Listings

200
150
100

Sold
Listings
last week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12

The absorption rate is 18.69 weeks. That is it would take 18.69 weeks at the current rate of sales to sell off the current inventory. Last week that was
47.40.
Downtown Jersey City Absorption Rate Update June13, 2012.
18.69 weeks vs 47.40 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

53%

$480

829

$408,594

$400

1181

$467,833

$480

1725

$832,667

32%
16%

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$626

741

$469,950

2BR

0%

$0

$0

3BR

20%

$503

1450

$730,007

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$454

638

$289,900

1BR

0%

$0

$0

2BR

67%

$437

857

$376,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$467

857

$391,580

1BR

60%

$339

837

$472,778

2BR

46%

$554

1,354

$796,300

2BR

40%

$0

1515

$768,316

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$407

588

$239,000

1BR

7%

$385

869

$355,000

2BR

0%

$0

$0

2BR

60%

$381

1227

$463,222

3BR

0%

$0

$0

3BR

27%

$408

1468

$912,100

Listings in the Newport Pavonia

%

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$472

752

$349,950

2BR

33%

$466

1,470

$699,499

3BR

17%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending June 6, 2012

Downtown Jersey City

237 Active listings
175 Under Contract

18 Properties came on the Market This Week vs 10 Last week

8 Properties Went Into Contract This Week vs 14 Last week
5 Properties Sold This Week vs 5 Last week
There are 237 Active properties in JC. The following links can help you hone your search in your target neighborhood.
175 are under contract in this week. Of Course, if you have specific need please contact me directly.

400
Absorption
Rate

350
300

Active
Listings

250
200

Sold
Listings
last week

150
100
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12

The absorption rate is 47.40 weeks. That is it would take 47.40 weeks at the current rate of sales to sell off the current inventory. Last week that was
48.20.
Downtown Jersey City Absorption Rate Update June 6, 2012
47.40 weeks vs 48.20 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

56%

$480

829

$408,594

$393

1211

$471,400

$480

1725

$832,667

28%
17%

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$626

741

$469,950

2BR

0%

$0

$0

3BR

33%

$503

1450

$730,007

Listings in the Harsimus Cove

Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$477

694

$332,450

1BR

0%

$0

$0

2BR

50%

$437

857

$376,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

36%

$467

857

$391,580

1BR

60%

$566

1108

$472,778

2BR

50%

$543

1,261

$729,829

2BR

40%

$514

1515

$768,316

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

40%

$458

662

$307,000

1BR

13%

$311

729

$237,500

2BR

0%

$0

$0

2BR

63%

$383

1209

$458,900

3BR

20%

459

1851

$850,000

3BR

19%

$0

$1,016,467

Listings in the Newport Pavonia

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$472

752

$349,950

2BR

33%

$466

1,470

$699,499

3BR

17%

$413

1,377

$569,000