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 […]
As the summer months come to an end, the 3rd quarter saw overall healthy sales activity across Hudson County with Bayonne as a standout performer. Sales revenue across the board this quarter mostly maintained with a very slight drop of less than 1%. Volume of transactions also followed a similar pattern with a decrease of […]
“Hold on, you moved where?” My friends and my family could not believe it when I told them I was moving to New Jersey. New Yorkers are proud bunch and it’s easy to see why; after all, nothing compares to New York City, but New Jersey is often underestimated: for one, the housing is cheaper—even […]
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 […]
