We wanted to share February’s real estate market report for Hoboken and Jersey City as we just compiled the data. We are off to a historically slow start and considering we are still in a rising interest rate market, the numbers below are trending to be on the lighter side. Just last week, we saw a big improvement in our local inventory so our expectations are still positive for the height of the spring market. Showing requests have increased as well as scheduled open houses on the weekends. March’s data will be telling so stay tuned for next month!
If you’d like see other towns in our area, please feel free to reach out. In addition, take a look at our Quarterly Reports here on our Follow The Market page