HUDSON COUNTY WEEKLY REAL ESTATE MARKET REPORT

Hudson County Weekly Real Estate Market Report by the Rakela Team

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 9/23/24. 

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, Single Family and Multi-Family homes. 

DOWNTOWN JERSEY CITY

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

JERSEY CITY HEIGHTS

Absorption rate: Jersey City Heights Real Estate market is a seller’s market for Studio/1BR condos and 2BR condos. 3BR condos, Single 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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