HUDSON COUNTY WEEKLY REAL ESTATE MARKET REPORT

Fireworks in NYC over Hudson River 7/4/24

The Hudson County Weekly Real Estate Market Report has been updated for Hoboken, Downtown Jersey City, and Jersey City Heights to reflect MLS data through 7/8/24. 

TRENDS

Listings continue to move through the pipeline from Active to Pending to Sold, with new listings coming onto the market each week in all home categories. Overall, Hudson County remains a seller’s market, especially in Hoboken and with recent market activity across the county in 2024. Inventory levels remain low and prices remain high.  Click here to learn more about Elizabeth’s view of the National and Hudson County Real Estate market.

HOBOKEN

The table below reflects the Hoboken Real Estate Market remains a strong seller’s market the following home categories: Studio/1BR condos, 2BR condos, 3BR condos, and Single Family homes. Multi-Family homes are neutral.

DOWNTOWN JERSEY CITY

Absorption rate: In Downtown Jersey City, the following home categories are a seller’s market: 2BR condos and Single Family homes. Studio/1BR condos, 3BR condos and Multi-Family homes are a buyer’s market.

JERSEY CITY HEIGHTS

Absorption rate: Jersey City Heights Real Estate market is a seller’s market for the following home categories: 2BR condos and Single Family homes. Studio/1BR condos, 3BR condos, and Multi-Family homes are a buyer’s market. 

PROPERTY LISTINGS

For a full view of available listings, visit the Rakela Team search page.

The Rakela Team
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