The past 12 months, October 2016 through September 2017, have seen a 12% decline in days on the market for units sold in the Jersey City downtown area. During October 2015 through September 2016, the decline was 14%.
From 2016 through 2017, the average days on the market was 33. For 2015 through 2016, the time on the market was 38 days.
The overall days on the market decline for all of Jersey City for 2016 – 2017 was 14%, while the overall average decline for 2015 through 2016 was 21.84%. Measured in days, this represented 46 to 59.
Interested in finding out how long it will take to sell your Jersey City downtown condo? Call Janice Hall at (201) 232-8577.
