Sales in Hudson County started off slow in the first quarter. We saw a 10% decrease in sales compared to Q4 2021 and a 1% increase compared to the year before. This may be due to a number of factors including the increase in mortgage rates and extremely low inventory leading to bidding wars. Unfortunately, […]
Sales were down 17% overall from Q2 2019, but down only 8% for the rolling year. Fortunately, this decline in sales did not have an effect on pricing, which was up about 6% overall. We can see an increase in pricing of almost 6% for single family homes, 5% for multi-family properties and 4% in condos/coops. Interest rates continue to […]
So you just moved to Hudson County or you’re a lucky one who has never had to ride a bus in your life, chances are you’ve seen the jitneys (mini buses) going around. If you’ve ever taken NJ Transit there’s a good chance a jitney driver has stopped for you along their same routes and […]
Hudson County real estate sales continue to grow. Sales revenue this quarter has strengthened, resulting in a 21% increase since Q1. Volume of transactions sold has increased by 23%, resulting in an overall stronger market. Average sale price and median sale price steadily rose 15% each, with inventory numbers showing an increase of 14%. With […]
Hudson County Real Estate sales and prices took a fall in the 4th Quarter of 2017. Fortunately, we saw an increase in volume in Q1 of 2018. Total sales volume increased by 4% compared to Q4 of last year. Hudson County also saw an overall increase in quantity sold by 4.6% and the medium sale […]
When comparing Q3 to Q2 of 2017, Hudson County real estate sales have continued to grow. The 3rd quarter quantity sold strengthened by 3% and volume was still strong, increasing by 22%. The average sale price went up 20% and the median sale price rose by 3%. We saw a decrease in active inventory by 1%. What does […]
When comparing Q1 to Q2 of 2017, Hudson County real estate sales have continued to grow. The 2nd quarter quantity sold continued to strengthen, rising by 20%. Volume was even stronger, increasing by 27%. The average sale price and median sale price both rose 9% while active inventory showed an increase of 10%. What does this […]
Hudson County real estate sales are off to a great start and we anticipate the numbers will continue to rise. Since 2016, we have seen a 10% increase in quantity sold and a 16% increase in volume sold. The average sale price has increased 5% and the median sale price has also increased 8%. As […]
