There is no doubt it is a Sellers’ Market in Hudson County and particularly in “one hop” commuting towns such as Jersey City Downtown. According to a report just recently released by Hudson County MLS, the year-to-date % difference in real estate sales shows a substantial increase in volume and price.
Total YTD % increase in # closed sales 2014 – 6.38% or 1684 homes sold compared to 1598 in 2013.
Average YTD % increase in sold price 2014 – 4.72% or $430,477.51 compared to $411,068.23 the same period last year.
Total YTD % $ in (closed) home sales 2014 – 10.36% or $724,924,119.00 compared to $856,887,036.00 last year.
Call Janice Hall at (201) 232-8577 for your real estate needs.
