Average sold price for condos for the 12-month period February 1, 2015 through January 31, 2016 increased by 16.24% over the same period the year before, February 2014 through January 2015. For 2015 to 2016, the average sold price was $745,041 compared to $640,943 for the year before.
The average days on the market for January 2016 decreased by 32% over January 2015. Overall, there was no difference in time spent on the market over the past 12 months. February 2015 through January 2016, the average time condos spent on the market was 35 days, compared to the same time, 35 days, for the period February 2014 through January 2015.
Want to know the current market value of your Jersey City downtown condo? Call Janice Hall at (201) 232-8577.
