Just Listed in Jersey City. A very well maintained
JUST LISTED #502 @ 4 Beacon Way, Jersey City
Jersey City Condo Sales
% list price to sale price declines in downtown Jersey City for 1st quarter 2018
Of the 87 condos that sold in downtown Jersey City in the last 3 months January to March, only 36 or 41% closed at or above list price that is 100% or more. Some 59% or 51 condos closed below list price in the range of 81% – 99%.
For those that closed at or above list price the median days on the market was 19. The median days on the market for condos that did not sell for full price or higher was 27.
The highest list to sale price percentage in Jersey City downtown during January to March 2018 was 114%
Thinking of selling your Jersey City condo and need help in pricing to sell? Call Janice Hall at 201 232 8577
Jersey City downtown condos at 20 Newport Parkway average $870 per sq. ft. in 2017
12 condos in the Jersey City downtown condo building at 20 Newport Parkway, Jersey City changed owners in 2017.
The average sold price was $1,082,827.
The average price per sq. ft was approximately $870.
The highest price paid was $1,280,000 for unit #318
The highest price paid per sq. ft. was $968.37 for unit #2501 which sold for $1,133,000.
The average days on the market was 28.
If you’re thinking of selling your Shore Club South condo 20 Newport Parkway Jersey City downtown call Janice Hall at 201 232 8577.
Decline in Jersey City downtown units sold Nov. 2016 – Oct. 2017
There is a 14.45% decline in the number of units sold during November 1, 2016 through October 31, 2017 compared to November 2015 through October 2016.
In the past 12 months, 669 units changed owners. During the same time Nov 2015 thru Oct 2016 some 782 units sold. The only other Jersey City area that saw a decline was Bergen LaFayette with a 27.03% decline over the prior period.
There was also a decline in days on the market for sales in the Jersey City downtown area. Nov 2016 thru Oct 2017 saw a 13.96% decline, 32 days, over the period Nov 2015 thru Oct 2016 with 37 days.
Interested in finding out how more about the Jersey City downtown real estate market? Call Janice Hall at 201 232 8577 or email: janiceNJrealtor@gmail.com.
12% decline in days on market for Jersey City downtown
The past 12 months October 2016 thru September 2017 have seen a 12% decline in days on the market for units sold in the Jersey City downtown area. During October 2015 thru September 2016 the decline was 14%.
From 2016 thru 2017 the average days on the market was 33. For 2015 thru 2016 the time on the market was 38 days.
The overall days on the market decline for all Jersey City for 2016 – 2017 was 14%, while the overall average decline for 2015 thru 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.
Unit sales down, average sold price up for condos in Jersey City downtown
Only 30 condo units have sold so far for October 2017 compared to 50 units during the same time Oct 1-21, 2016 in the Jersey City downtown area.
The average sold price for October is $861,264 compared to $814,812 in 2016. The average days on the market is 21 compared to 25 in 2016.
Two units sold at Shore Club South 20 Newport Parkway this month. The highest sold price was $1,140,000. The highest $ paid per sq. ft. was $939.28.
Two units sold at the Mandalay 20 2nd Street, Jersey City downtown. The highest price paid was $685,000. The highest $ paid per sq. ft. was $992.59.
If you’d like to find out the value of your Jersey City downtown condo call Janice Hall at 201 232 8577.
