Jersey City Condo Market Update October 2010

Downtown Jersey City NJ

Below is the Jersey real estate market update for condominium sales for October 2010 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service.

Active Downtown Jersey City Condos

  • There are 347 Active Jersey City condos for sale with an average listing price of $489,441. Average days on the market: 106 Days

Since October 1st, 115 new Jersey City condos came on the market for sale with an average listing price of $503,406.

  • Active Downtown Jersey City Studio Condos: 12 condos for sale with an average listing price of $274,849. 110 days on the market.
  • Active Downtown Jersey City 1 Bedroom Condos: 141 condos for sale with an average listing price of $374,800. 115 days on the market.
  • Active Downtown Jersey City 2 Bedroom Condos: 159 condos for sale with an average listing price of $548,041. 104 days on the market.
  • Active Downtown Jersey City 3+ Bedroom Condos: 30 condos for sale with an average listing price of $729,086. 88 days on the market.

Pending Downtown Jersey City Condos

  • There are 71 Downtown Jersey City condos under contract waiting to close with an average listing price of $465,716. Average days on the market: 88 Days. Final sales prices of these units will not be published until they close.
  • Pending Downtown Jersey City Studio Condos: 1 condo under contract located at 1 Greene St. List price: $199,000. 32 days on the market.
  • Pending Downtown Jersey City 1 Bedroom Condos: 28 condos under contract an average listing price of $341,797. 82 days on the market.
  • Pending Downtown Jersey City 2 Bedroom Condos: 34 condos under contract with an average listing price of $515,752. 87 days on the market.
  • Pending Downtown Jersey City 3+ Bedroom Condos: 8 condos under contract with an average listing price of $720,112. 117 days on the market.

Sold Downtown Jersey City Condos 10/1/10 to 10/31/10

  • 21 Downtown Jersey City condos sold between 10/1/10 & 10/31/10 with average listing price of $426,378. The average sales price of these sold Downtown Jersey City condos were $409,690. Average days on the market: 69 Days
  • Sold Downtown Jersey City Studio Condos: 12 condos sold an average listing price of $282,000 and an averages sales price of $273,333. 100 days on the market.
  • Sold Downtown Jersey City 1 Bedroom Condos: 5 condos sold an average listing price of $318,580 and an averages sales price of $305,500. 59 days on the market.
  • Sold Downtown Jersey City 2 Bedroom Condos: 9 condos sold with an average listing price of $506,766 and an average sales price of $486,222. 78 days on the market.
  • Sold Downtown Jersey City 3+ Bedroom Condos: 4 condos sold an average listing price of $488,537 and an averages sales price of $470,000. 37 days on the market.

Jersey City Waterfront Condo Update

Sold units 10/1/10 – 10/31/10

****The above data may not reflect all of the units that may be available or that have sold in downtown Jersey City. Inside sales offices in new construction downtown Jersey City condo buildings like Gulls Cove, Trump Plaza, Crystal Point, and 77 Hudson do not list and report all of their sales through the Hudson County MLS.

If you have questions about a certain downtown Jersey City Condo buildings that are not on this list, feel free to contact me, Walter Burns or leave a comment. I will get back to you with the information.

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