The Hudson County real estate market continues to show signs of strength with year over year increases of 5% in median listed price and 7% in median sales price. Because of COVID-19, we have seen a 78% decrease in the number of new listings that hit the market in April as well as a 43% year over year decrease in number of sales. Demand will be determined in the coming months as restrictions are more widely lifted.
Below is a look at how the sales in April were divided up within Hudson County. Neighborhoods that were not mentioned did not have any sales in April.
Source: Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. Copyright 2020 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description.
