Condos/Townhomes
Wed Oct 09 2024
This week the median list price for Jersey City, NJ 07307 is $912,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 34.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $912,000 | |
Median Price of New Listings | $644,000 | |
Per Square Foot | $574 | |
Average Days on Market | 97 | |
Median Days on Market | 84 | |
Price Decreased | 18% | |
Price Increased | 0% | |
Relisted | 53% | |
Inventory | 34 | |
Median Rent | ||
Market Action | 37 | |
Slight Seller's Advantage |
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,299,000 | 1,750 | 0 - 4,500 sqft | 3 | 2 | 14 | 0 | 0 | 84 |
$949,500 | 1,624 | 0 - 4,500 sqft | 3 | 2 | 7 | 1 | 1 | 73 |
$838,000 | 1,534 | 0 - 4,500 sqft | 3 | 2 | 1 | 0 | 1 | 133 |
$499,000 | 926 | 6,500 - 8,000 sqft | 2 | 1 | 44 | 3 | 2 | 84 |