Data from Wednesday to Tuesday, Ending May 30, 2012

Downtown Jersey City

241 Active listings
168 Under Contract

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

14 Properties Went Into Contract This Week vs 8 Last week
5 Properties Sold This Week vs 11 Last week
There are 241 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
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

The absorption rate is 48.20 weeks. That is it would take 48.20 weeks at the current rate of sales to sell off the current inventory. Last week that was
22.36.
Downtown Jersey City Absorption Rate Update May 30, 2012
48.20 weeks vs 22.36 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

60%

$502

849

$433,993

$376

1283

$486,333

$480

1725

$832,667

20%
20%

$/Sq Ft

Sq Ft

$Avg Price

1BR

60%

$596

682

$414,967

2BR

20%

$597

1,366

$815,000

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

75%

$466

646

$303,300

1BR

0%

$0

$0

2BR

25%

$401

839

$337,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

Listings in the Paulus Hook

%

$/Sq Ft

Listings in the Power House District

Sq Ft

$/Sq Ft

Sq Ft

$Avg Price

$375,300

1BR

63%

$562

810

$456,000

1,182

$643,133

2BR

38%

$514

1515

$768,316

$0

3BR

0%

$0

$0

1BR

43%

$493

794

2BR

43%

$513

3BR

0%

$0

$Avg Price

Listings in the Van Vorst

listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

40%

$456

662

$307,000

1BR

13%

$311

729

$237,500

2BR

0%

$0

$0

2BR

56%

$383

1180

$447,778

3BR

20%

459

1851

$850,000

3BR

25%

$0

$892,100

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 May 23, 2012

Downtown Jersey City

246 Active listings
163 Under Contract

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

8 Properties Went Into Contract This Week vs 6 Last week
11 Properties Sold This Week vs 12 Last week
There are 246 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

Active
Listings

250
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

The absorption rate is 22.36 weeks. That is it would take 22.36 weeks at the current rate of sales to sell off the current inventory. Last week that was
22.08.
Downtown Jersey City Absorption Rate Update May 23, 2012
22.36 weeks vs 22.08 last week.
Listings in the Hamilton Park

1BR

2BR
3BR

Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

62%

$500

880

$448,992

$360

1508

$560,000

$480

1725

$832,667

15%
23%

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$625

775

$498,725

2BR

17%

$597

1,366

$815,000

3BR

17%

$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

75%

$466

646

$303,300

1BR

0%

$0

$0

2BR

25%

$401

839

$337,000

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%

$493

794

$375,300

1BR

59%

$562

810

$456,000

2BR

29%

$533

1,348

$764,475

2BR

35%

$514

1515

$768,316

3BR

7%

$0

$1,099,000

3BR

6%

$894

1454

$1,300,00

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

56%

$383

1180

$447,778

3BR

20%

459

1851

$850,000

3BR

25%

$0

$892,100

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 May 16, 2012

Downtown Jersey City

265 Active listings
163 Under Contract

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

6 Properties Went Into Contract This Week vs 11 Last week
12 Properties Sold This Week vs 8 Last week
There are 265 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

The absorption rate is 22.08 weeks. That is it would take 22.08 weeks at the current rate of sales to sell off the current inventory. Last week that was
32.38.
Downtown Jersey City Absorption Rate Update May 16, 2012
22.08 weeks vs 32.38 last week.
New listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

57%

$522

$448,430

$378

1267

$481,633

$480

1725

$832,667

21%
21.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

40%

$623

862

$555,000

2BR

40%

$566

1,270

$722,000

3BR

20%

$503

1450

$730,007

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

60%

$466

646

$303,300

1BR

0%

$0

$0

2BR

40%

$438

857

$376,000

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

41%

$509

753

$376,463

1BR

53%

$567

837

$473,889

2BR

29%

$520

1,278

$705,380

2BR

35%

$521

1515

$782,483

3BR

6%

$0

$1,099,000

3BR

6%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

60%

$439

592

$264,667

1BR

16%

$379

677

$256,667

2BR

0%

$0

$0

2BR

58%

$386

1147

$438,082

3BR

0%

$0

3BR

21%

$0

$892,100

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

29%

$477

752

$354,950

2BR

43%

$450

1,370

$675,999

3BR

14%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending May 9th, 2012

Downtown Jersey City

259 Active listings
171 Under Contract

20 Properties Came on the Market This Week vs 22 Last week

11 Properties Went Into Contract This Week vs 11 Last week

8 Properties Sold This Week vs 9 Last week
There are 259 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

The absorption rate is 32.38 weeks. That is it would take 32.38 weeks at the current rate of sales to sell off the current inventory. Last week that was
29.00.
Downtown Jersey City Absorption Rate Update May 9th, 2012
32.38 weeks vs 29.00 last week.
New listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

64%

$494

902

$428,049

$359

1028

$352,450

$480

1725

$832,667

14%
21.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

25%

$533

675

$360,000

2BR

50%

$566

1,270

$722,000

3BR

25%

$503

1450

$730,007

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

75%

$466

646

$303,300

1BR

0%

$0

$0

2BR

25%

$411

839

$344,900

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

44%

$509

753

$376,463

1BR

50%

$567

837

$473,889

2BR

33%

$509

1,239

$665,967

2BR

39%

$526

1493

$777,843

3BR

6%

$0

$1,099,000

3BR

6%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

60%

$439

592

$264,667

1BR

17%

$379

667

$256,667

2BR

0%

$0

$0

2BR

56%

$384

1087

$408,800

3BR

0%

$0

3BR

22%

$0

$892,100

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$416

802`

$324,967

2BR

38%

$492

1,370

$678,666

3BR

13%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending May 2nd, 2012

Downtown Jersey City

261 Active listings
175 Under Contract

22 Properties Came on the Market This Week vs 15 Last week

11 Properties Went Into Contract This Week vs 14 Last week

9 Properties Sold This Week vs 16 Last week
There are 261 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

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

The absorption rate is 29.00 weeks. That is it would take 29.00 weeks at the current rate of sales to sell off the current inventory. Last week that was
15.94.
Downtown Jersey City Absorption Rate Update May 2nd, 2012
29.00 weeks vs 15.94 last week.
New listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

62%

$522

902

$448,430

$358

1028

$352,450

$480

1725

$832,667

15%
23.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

0%

$0

$0

2BR

50%

$596

1,366

$815,000

3BR

50%

$503

1450

$730,007

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

75%

$466

646

$303,300

1BR

0%

$0

$0

2BR

25%

$411

839

$344,900

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

New listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

28%

$418

807

$370,380

1BR

50%

$567

837

$473,889

2BR

50%

$520

1,133

$610,522

2BR

39%

$526

1493

$777,843

3BR

6%

$0

$1,099,000

3BR

6%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$457

662

$307,000

1BR

27%

$376

713

$269,833

2BR

0%

$0

$0

2BR

50%

$394

1056

$405,182

3BR

0%

$0

3BR

18%

$403

$892,100

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

25%

$422

829

$349,900

2BR

25%

$497

1,906

$949,000

3BR

25%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending April 25th, 2012

Downtown Jersey City

255 Active listings
175 Under Contract

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

14 Properties Went Into Contract This Week vs 4 Last week

16 Properties Sold This Week vs 9 Last week
There are 255 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
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

The absorption rate is 15.94 weeks. That is it would take 15.94 weeks at the current rate of sales to sell off the current inventory. Last week that was
28.22.
Downtown Jersey City Absorption Rate Update April 25th, 2012
15.94 weeks vs. 28.22 last week.
New listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

50%

$489

901

$403,610

$359

1028

$352,450

$478

1659

$799,500

25%
25.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$633

600

$380,000

2BR

33%

$596

1,366

$815,000

3BR

33%

$503

1450

$730,007

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

60%

$466

646

$303,300

1BR

0%

$0

$0

2BR

40%

$430

807

$346,950

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

New listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

32%

$459

776

$344,483

1BR

50%

$585

837

$489,388

2BR

47%

$473

1,117

$523,067

2BR

38%

$526

1470

$765,817

3BR

5%

$0

$1,175,000

3BR

6%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

43%

$420

650

$276,333

1BR

32%

$402

765

$309,625

2BR

14%

$450

776

$349,000

2BR

44%

$394

1056

$405,182

3BR

0%

$0

3BR

16%

$0

$892,100

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$633

600

$380,000

2BR

40%

$470

1,469

$703,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending April 18th, 2012

Downtown Jersey City

254 Active listings
181 Under Contract

19 Properties Came on the Market This Week vs 19 Last week

4 Properties Went Into Contract This Week vs 15 Last week

9 Properties Sold This Week vs 3 Last week
There are 254 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

Absorption
Rate

350
300

Active
Listings

250

Sold
Listings last
week

200
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

The absorption rate is 28.22 weeks. That is it would take 28.22 weeks at the current rate of sales to sell off the current inventory. Last week that was
84.67.
Downtown Jersey City Absorption Rate Update April 18th, 2012
28.22 weeks vs. 84.67 last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

50%

$453

838

$367,888

$368

1045

$374,633

$478

1659

$799,500

30%
20.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$530

679

$352,000

2BR

25%

$596

1,366

$815,000

3BR

25%

$503

1450

$730,007

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$466

646

$303,300

1BR

33%

$457

915

$419,000

2BR

50%

$451

901

$409,663

2BR

0%

$0

$0

3BR

0%

$0

$0

3BR

0%

$0

$0

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

32%

$462

850

$373,300

1BR

60%

$592

832

$492,332

2BR

47%

$475

1,117

$525,289

2BR

27%

$554

1381

$719,975

3BR

5%

$0

$1,175,000

3BR

7%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

29%

$458

663

$307,000

1BR

30%

$402

765

$309,625

2BR

29%

$468

933

$439,500

2BR

48%

$381

1049

$395,769

3BR

0%

$0

3BR

15%

$0

$897,100

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$530

679

$352,000

2BR

33%

$470

1,469

$703,500

3BR

17%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending April 11th, 2012

Downtown Jersey City

254 Active listings
181 Under Contract

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

15 Properties Went Into Contract This Week vs 8 Last week

3 Properties Sold This Week vs 11 Last week
There are 254 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

Absorption
Rate

350
300

Active
Listings

250

Sold
Listings last
week

200
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

The absorption rate is 84.67 weeks. That is it would take 84.67 weeks at the current rate of sales to sell off the current inventory. Last week that was
23.55.
Downtown Jersey City Absorption Rate Update April 11th, 2012
84.67 weeks vs. 23.55 last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

56%

$454

838

$367,888

$340

1175

$394,500

$478

1659

$799,500

22%
22.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$530

679

$352,000

2BR

25%

$596

1,366

$815,000

3BR

25%

$503

1450

$730,007

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$444

683

$302,225

1BR

33%

$458

915

$419,000

2BR

38%

$451

902

$409,663

2BR

0%

$0

$0

3BR

10%

$432

2,000

$865,000

3BR

0%

$0

$0

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

32%

$463

850

$373,300

1BR

67%

$591

832

$490,999

2BR

47%

$475

1,117

$525,289

2BR

20%

$554

1311

$729,967

3BR

21%

$0

$1,175,000

3BR

7%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

29%

$458

663

$307,000

1BR

32%

$402

765

$309,625

2BR

29%

$468

933

$439,500

2BR

44%

$370

1064

$391,545

3BR

0%

$0

3BR

16%

$0

$897,100

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$530

680

$352,000

2BR

33%

$471

1,470

$703,500

3BR

17%

$471

1,470

$703,500

Data from Wednesday to Tuesday, Ending April 4th, 2012

Downtown Jersey City

259 Active listings
167 Under Contract

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

8 Properties Went Into Contract This Week vs 13 Last week
11 Properties Sold This Week vs 9 Last week
There are 259 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

Absorption
Rate

350
300

Active
Listings

250

Sold
Listings last
week

200
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

The absorption rate is 23.55 weeks. That is it would take 23.55 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.11.
Downtown Jersey City Absorption Rate Update April 4th, 2012
23.55 weeks vs. 30.11 last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

50%

$454

838

$367,888

$355

1044

$359,333

$470

1659

$787,500

30%
20.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$633

600

$380,000

2BR

50%

$596

1,366

$815,000

3BR

0%

$0

$0

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

40%

$478

672

$323,725

1BR

33%

$458

915

$419,000

2BR

40%

$453

930

$424,475

2BR

0%

$0

$0

3BR

10%

$432

2,000

$865,000

3BR

0%

$0

$0

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$463

850

$374,967

1BR

69%

$593

828

$490,454

2BR

44%

$465

1,119

$514,700

2BR

13%

$519

1284

$669,950

3BR

6%

$0

$1,175,000

3BR

6%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

43%

$476

692

$333,000

1BR

28%

$405

760

$309,571

2BR

29%

$467

933

$439,500

2BR

40%

$369

1062

$388,900

3BR

0%

$0

3BR

20%

$357

1,654

$797,480

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$633

600

$380,000

2BR

40%

$470

1,470

$703,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending March 28th, 2012

Downtown Jersey City

271 Active listings
166 Under Contract

14 Properties Came on the Market This Week vs 25 Last week

13 Properties Went Into Contract This Week vs 14 Last week
9 Properties Sold This Week vs 4 Last week
There are 273 Active properties in JC. The following links can help you hone your search in your target neighborhood.
157 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

The absorption rate is 30.11 weeks. That is it would take 30.11 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.78.
Downtown Jersey City Absorption Rate Update March 28th, 2012
30.11 weeks vs. 90.67 last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

50%

$488

826

$387,425

$424

1079

$457,000

$470

470

$787,500

33%
17.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$633

600

$380,000

2BR

50%

$596

1,366

$815,000

3BR

0%

$0

$0

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

27%

$471

646

$306,633

1BR

0%

$0

$0

2BR

45%

$467

903

$422,380

2BR

0%

$0

$0

3BR

9%

$432

2,000

$865,000

3BR

0%

$0

$0

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

29%

$463

850

$374,967

1BR

72%

$582

853

$490,606

2BR

48%

$512

1,157

$593,760

2BR

11%

$519

1284

$669,950

3BR

10%

$839

1,753

$1,323,000

3BR

6%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$464

662

$312,000

1BR

33%

$401

750

$301,767

2BR

33%

$467

933

$439,500

2BR

33%

$359

1102

$397,111

3BR

0%

$0

3BR

22%

$274

2,569

$843,567

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

20%

$633

600

$380,000

2BR

40%

$470

1,470

$703,500

3BR

20%

$413

1,377

$569,000

Data from Wednesday to Tuesday, Ending March 21st, 2012

Downtown Jersey City

272 Active listings
163 Under Contract

19 Properties Came on the Market This Week vs 25 Last week

10 Properties Went Into Contract This Week vs 14 Last week
3 Properties Sold This Week vs 4 Last week
There are 272 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
350
300
250
200
150
Absorptio
n Rate

100
50

Active
Listings
5-Apr-11
12-Apr-11
19-Apr-11
26-Apr-11
3-May-11
10-May-11
17-May-11
24-May-11
31-May-11
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

Sold
Listings
last week

The absorption rate is 90.67 weeks. That is it would take 90.67 weeks at the current rate of sales to sell off the current inventory. Last week that was
68.25.
Downtown Jersey City Absorption Rate Update March 21st, 2012
90.67 weeks vs. 68.25 last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park
%
1BR

2BR
3BR

54%
28%
18.%

$/Sq Ft

Sq Ft

New Listings in the Harborside

Active Listings in the Harborside
$Avg Price

$488

827

$387,425

$481

1015

$497,967

$470

1,659

$787,500

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$633

600

$380,000

2BR

33%

$585

1,366

$799,900

3BR

33%

$556

1,435

$799,000

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

23%

$471

646

$306,633

1BR

0%

$0

$0

2BR

38%

$469

903

$424,380

2BR

50%

$0

$695,000

3BR

15%

$365

1,670

$632,000

3BR

50%

$310

3,055

$949,999

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

28%

$482

826

$378,560

1BR

75%

$567

835

$477,615

2BR

61%

$505

1,157

$587,365

2BR

10%

$519

1284

$167,495

3BR

6%

$839

1,753

$1,471,000

3BR

5%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$438

699

$305,666

1BR

29%

$406

742

$303,300

2BR

25%

$474

933

$444,500

2BR

39%

$388

1134

$448,600

3BR

0%

$0

3BR

21%

$274

2,569

$818,057

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

14%

$633

600

$380,000

2BR

43%

$456

1,323

$615,666

3BR

29%

$485

1,406

$684,000

Data from Wednesday to Tuesday, Ending March 14th, 2012

Downtown Jersey City

273 Active listings
157 Under Contract

25 Properties Came on the Market This Week vs 21 Last week

14 Properties Went Into Contract This Week vs 12 Last week
4 Properties Sold This Week vs 10 Last week
There are 273 Active properties in JC. The following links can help you hone your search in your target neighborhood.
157 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
4-Jan-11
11-Jan-11
18-Jan-11
25-Jan-11
1-Feb-11
8-Feb-11
15-Feb-11
22-Feb-11
1-Mar-11
8-Mar-11
15-Mar-11
22-Mar-11
29-Mar-11
5-Apr-11
12-Apr-11
19-Apr-11
26-Apr-11
3-May-11
10-May-11
17-May-11
24-May-11
31-May-11
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

The absorption rate is 68.25 weeks. That is it would take 68.25 weeks at the current rate of sales to sell off the current inventory. Last week that was
30.78.
Downtown Jersey City Absorption Rate Update March 14th, 2012
68.25 weeks vs. 30.78 last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

1BR

2BR
3BR

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

54%

$488

827

$387,425

$481

1015

$497,967

$470

1,659

$787,500

28%
18.%

$/Sq Ft

Sq Ft

$Avg Price

1BR

33%

$633

600

$380,000

2BR

33%

$585

1,366

$799,900

3BR

33%

$556

1,435

$799,000

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

23%

$471

646

$306,633

1BR

0%

$0

$0

2BR

38%

$469

903

$424,380

2BR

50%

$0

$695,000

3BR

15%

$365

1,670

$632,000

3BR

50%

$310

3,055

$949,999

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

28%

$482

826

$378,560

1BR

75%

$567

835

$477,615

2BR

61%

$505

1,157

$587,365

2BR

10%

$519

1284

$167,495

3BR

6%

$839

1,753

$1,471,000

3BR

5%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst
%

$/Sq Ft

Sq Ft

New Listings in the Western Edge

Active Listings in the Western Edge
%

$/Sq Ft

Sq Ft

$Avg Price

$305,666

1BR

29%

$406

742

$303,300

933

$444,500

2BR

39%

$388

1134

$448,600

$0

3BR

21%

$274

2,569

$818,057

1BR

38%

$438

699

2BR

25%

$474

3BR

0%

$Avg Price

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

14%

$633

600

$380,000

2BR

43%

$456

1,323

$615,666

3BR

29%

$485

1,406

$684,000

Data from Wednesday to Tuesday, Ending March 6th, 2012

Downtown Jersey City

277 Active listings
140 Under Contract

21 Properties Came on the Market This Week vs 16 Last week

7 Properties Went Into Contract This Week vs 18 Last week

9 Properties Sold This Week vs 0 Last week

There are 277 Active properties in JC. The following links can help you hone your search in your target neighborhood.
140 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

Sold
Listings
last week

200
150
100
50
4-Jan-11
11-Jan-11
18-Jan-11
25-Jan-11
1-Feb-11
8-Feb-11
15-Feb-11
22-Feb-11
1-Mar-11
8-Mar-11
15-Mar-11
22-Mar-11
29-Mar-11
5-Apr-11
12-Apr-11
19-Apr-11
26-Apr-11
3-May-11
10-May-11
17-May-11
24-May-11
31-May-11
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

The absorption rate is 30.78 weeks. That is it would take 30.78 weeks at the current rate of sales to sell off the current inventory. Last week that was
weeks so it looks like the market is swinging back to buyers.
Downtown Jersey City Absorption Rate Update March 6th, 2012
277 weeks vs. last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

50%

$514

827

$387,425

1BR

33%

$535

672

$352,500

2BR

25%

$482

1015

$497,967

2BR

33%

$550

1,241

$687,450

3BR

25%

$470

1,659

$754,333

3BR

33%

$547

1,428

$781,500

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

27%

$471

646

$306,633

1BR

0%

$0

$0

2BR

55%

$469

900

$422,983

2BR

50%

$0

1,256

$573,666

3BR

18%

$365

1,670

$632,000

3BR

50%

$310

1,650

$649,900

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

35%

$481

828

$384,400

1BR

67%

$584

832

$480,433

2BR

55%

$505

1,157

$587,365

2BR

13%

$519

01284

$669,950

3BR

5%

$839

1,753

$1,471,000

3BR

7%

$894

1454

$1,300,00

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

44%

$407

682

$280,500

1BR

29%

$406

743

$303,300

2BR

33%

$472

914

$432,967

2BR

36%

$392

1112

$445,600

3BR

0%

$0

3BR

25%

$329

2,213

$818,057

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

25%

$535

672

$352,500

2BR

38%

$467

1,356

$615,666

3BR

25%

$485

1,406

$684,000

Data from Wednesday to Tuesday, Ending February 29th, 2012

Downtown Jersey City

274 Active listings
142 under contract

16 Properties Came on the Market This Week vs 0 Last week

0 Properties Went Into Contract This Week vs 0 Last week

0 Properties Sold This Week vs 0 Last week

There are 274 Active properties in JC. The following links can help you hone your search in your target neighborhood.
142 are under contract in this week. Of Course, if you have specific need please contact me directly.
400

Absorption
Rate

350
300
250
200
150
100
50

4-Jan-11
11-Jan-11
18-Jan-11
25-Jan-11
1-Feb-11
8-Feb-11
15-Feb-11
22-Feb-11
1-Mar-11
8-Mar-11
15-Mar-11
22-Mar-11
29-Mar-11
5-Apr-11
12-Apr-11
19-Apr-11
26-Apr-11
3-May-11
10-May-11
17-May-11
24-May-11
31-May-11
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

Given there were no closings last week in Downtown Jersey City Absorption Rate would be infinity. With 142 deals under contract that is obviously not
the case. It was just a slow week. As things close, we will continue to track the absorption rate.
Downtown Jersey City Absorption Rate Update February 29th, 2012
18.46 weeks vs. 0* last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

46%

$489

827

$387,425

1BR

43%

$538

681

$362,333

2BR

31%

$457

989

$460,725

2BR

29%

$550

1,241

$687,450

3BR

23%

$470

1,659

$754,333

3BR

29%

$547

1,427

$781,500

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

23%

$471

646

$306,633

1BR

38%

$446

791

$347,983

2BR

38%

$480

913

$437,600

2BR

56%

$439

1,256

$573,666

3BR

15%

$365

1,670

$632,000

3BR

6%

$394

1,650

$649,900

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

35%

$472

787

$384,971

1BR

0%

$0

$0

2BR

55%

$505

1,157

$587,365

2BR

0%

$0

$0

3BR

5%

$839

1,753

$1,471,000

3BR

0%

$0

$0

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

38%

$412

675

$280,200

1BR

31%

$404

718

$291,767

2BR

23%

$472

914

$432,967

2BR

24%

$393

1,094

$445,857

3BR

0%

$0

3BR

24%

$329

2,213

$818,057

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

52%

$572

829

$500,324

2BR

30%

$491

1,099

$541,700

3BR

17%

$514

1,413

$727,750

Data from Wednesday to Tuesday, Ending January 12th, 2012

Downtown
Jersey City

12 Properties Came on the Market This Week vs 0 Last week

4 Properties Went Into Contract This Week vs 0 Last week

0 Properties Sold This Week vs 0 Last week

There are 268 Active properties in JC. The following links can help you hone your search in your target neighborhood.
106 are under contract in this week. Of Course, if you have specific need please contact me directly.
400

Absorption
Rate

350
300
250
200
150
100
50

4-Jan-11
11-Jan-11
18-Jan-11
25-Jan-11
1-Feb-11
8-Feb-11
15-Feb-11
22-Feb-11
1-Mar-11
8-Mar-11
15-Mar-11
22-Mar-11
29-Mar-11
5-Apr-11
12-Apr-11
19-Apr-11
26-Apr-11
3-May-11
10-May-11
17-May-11
24-May-11
31-May-11
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

Downtown Jersey City Absorption Rate Update January 12th, 2012

18.46 weeks vs. 0* last week
New Listings in the Hamilton Park
Active Listings in the Hamilton Park

New Listings in the Harborside

Active Listings in the Harborside

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

65%

$471

748

$353,882

1BR

87%

$566

777

$440,018

2BR

18%

$487

1,405

$668,333

2BR

7%

$415

1,516

$629,000

3BR

18%

$445

1,033

$586,000

3BR

7%

$0

$775,000

New Listings in the Harsimus Cove

Active Listings in the Harsimus Cove

New Listings in the Liberty Harbor

Active Listings in the Liberty Harbor

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

19%

$463

723

$331,667

1BR

38%

$446

791

$347,983

2BR

56%

$454

924

$419,556

2BR

56%

$439

1,256

$573,666

3BR

25%

$386

1,455

$569,500

3BR

6%

$394

1,650

$649,900

New Listings in the Paulus Hook

Active Listings in the Paulus Hook

New Listings in the Power House District

Active Listings in the Power House District

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

30%

$469

681

$312,245

1BR

35%

$484

970

$451,467

2BR

68%

$476

1,188

$567,549

2BR

65%

$498

1,270

$629,036

3BR

3%

$387

1,288

$499,000

3BR

0%

$0

$0

New Listings in the Van Vorst

Active Listings in the Van Vorst

New Listings in the Western Edge

Active Listings in the Western Edge

$/Sq Ft

Sq Ft

$Avg Price

$/Sq Ft

Sq Ft

$Avg Price

1BR

67%

$411

681

$273,790

1BR

32%

$386

590

$223,738

2BR

27%

$463

868

$397,375

2BR

36%

$349

997

$355,933

3BR

07%

$365

1,150

$419,900

3BR

32%

$375

1,580

$542,325

New Listings in the Newport Pavonia

Active Listings in the Newport Pavonia
%

$/Sq Ft

Sq Ft

$Avg Price

1BR

52%

$572

829

$500,324

2BR

30%

$491

1,099

$541,700

3BR

17%

$514

1,413

$727,750