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12.2% Increase in 2017 Average Closed Condo Sales Price in Downtown Jersey City

12.2% Increase in 2017 Average Closed Condo Sales Price in Downtown Jersey City

The 2017 average closed sales price for all condo units in downtown Jersey City now stands at $827,206, a 12.2% increase over 2016, when the average was $726,111. This is the highest increase since 2010, when the average closed sales price was $438,249, a 0.9% increase over 2009.

The second highest percentage change was in 2014 when the average closed price jumped to 11% or $597,730, over 2013's $531,784.

If you’d like to know what your Jersey City downtown condo is worth, call Janice Hall at (201) 232-8577.

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Janice combines more than 20 years of experience with direct, personalized service for every client. Whether you are buying, selling, or investing, she will help you approach each decision with a clear strategy and strong local insight.

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