Q1 2018 Market Brief
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 price also rose by 7%.
New development is expected to continue to rise this year as well, which will add product to the marketplace. What does this mean for you? With inventory increasing, buyers will have the opportunity to enter the home buying process in more favorable conditions than before.
Stay up to date with the Hudson County real estate market with our market brief. For additional details or a market analysis of your home, please contact us at christine@vuerealtygroup.com and kathleen@vuerealtygroup.com. It’s important to know what your home is worth. Se Habla Español!
