February 2018 Downtown Jersey City Condo Sales Recap

The Tax Revaluation is having a profound impact on the Downtown JC market.  The absorption rate has tripled from a red-hot Sellers market rate with 2 months of inventory in November to a concerning 6 months of inventory in February – just 22 condos sold.  MyHobokenHome.com is excited to announce the expansion of our proprietary market analytics tool to include Downtown Jersey City – and we’re not done, we’ll have enhanced supply and demand statistics available later this month!  For now checkout our February 2018 Downtown Jersey City Condo Sales Recap video blog: