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 5/20/24.
TRENDS
Listings continue to move through the pipeline from Active to Pending to Sold, with new listings coming onto the market each week in most home categories. Overall, Hudson County remains a strong 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 all home categories: Studio/1BR condos, 2BR condos, 3BR condos and Single Family homes. Multi-Family homes do not have any pending sales that went under contract/attorney review in the last 30 days, hence absorption rate is NA.
![](https://www.rakelateam.com/wp-content/uploads/2024/05/Screen-Shot-2024-05-20-at-2.19.59-PM-1024x536.png)
DOWNTOWN JERSEY CITY
Absorption rate: In Downtown Jersey City, the following home categories are a seller’s market: 2BR condos, 3BR condos, and Multi-Family homes. Studio/1BR condos and Single Family homes are a buyer’s market.
![](https://www.rakelateam.com/wp-content/uploads/2024/05/Screen-Shot-2024-05-20-at-2.19.49-PM-1024x527.png)
JERSEY CITY HEIGHTS
Absorption rate: Jersey City Heights Real Estate market is a seller’s market for the following home categories: Studio/1BR condos, 2BR condos, 3BR condos, and Single and Multi-Family homes.
![](https://www.rakelateam.com/wp-content/uploads/2024/05/Screen-Shot-2024-05-20-at-2.19.36-PM-1024x545.png)
PROPERTY LISTINGS
For a full view of available listings, visit the Rakela Team search page.