Andres Garcia, NJ Licensed Real Estate Agent - 201.677.2211

Andres Garcia

2016-q3-hoboken-jersey-city-real-estate-market-update

With the summer behind us, the real estate market is back in full swing for the fall market.  As is typical we saw a slower July and August, with an increase in activity the first week in September as home buyers returned from vacations or closed up their beach houses.  Even with the traditionally slower summer market, we continued to see homes sell very quickly and at asking prices, or better.  The opposing sales volume numbers in the local markets are more a reflection of home availability, as opposed to demand, since inventory remains constrained.

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