What Happened With The Market Last Year

Dated: 01/16/2018

Views: 799

It has been very cold and snowy lately, but the home buying and selling season continues to be warm... and even very hot in some areas! Now is the time to ask yourself: should I stay or should I go? Is it time to buy or sell? We've gathered data from last year and hope it will help you make a decision on what to do. Inventory continues to be low. There are plenty of rentals but fewer homes to buy in certain parts of our market. In Hoboken, prices continue to increase - in 2017 prices went up 8% while the number of homes sold this year versus last year decreased by 15%. In West New York and Jersey City Heights, the median price of homes increased the most in the last year at over 20%. For those of you that love data, let us know, we'll get you all the details you want. 

2017 Hudson County Market Data

Blog author image

Jill K Biggs

Jill Biggs leads the top-producing real estate team in Hudson County, N.J., a booming market located just outside of New York City. With more than a decade of experience serving Hoboken, Jersey City a....

Want to Advertise on this Site?

Latest Blog Posts

Guide To Historic Downtown Jersey City

With beautiful brownstone, pre-Civil war housing combined with one of the fastest developing apartments and office buildings all nestled together, Jersey City is an incredible place to live.

Read More

Renting Vs Buying

To rent, or to buy? A common question that can be confusing and downright daunting. There are plenty of arguments out there that could influence your decision. But first, it’s important to ask

Read More

Design A Home Office That Actually Works

With nearly half the U.S workforce working from home, many of us have a common issue: how to transform their current living space into a functional home office. The good news is that you can

Read More

Virtual Open Houses Thursday June 18 And Friday June 19

JOIN US!VIRTUAL Open Houses Thursday, June 18 1500 Hudson #5iHoboken, NJ Thursday, June 18  11:00-11:30AMClick here to sign up: us02web.zoom.us/webinar/register

Read More