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Recapping Q1 From Our Jersey City Market: 2019 vs. 2018

 
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When? This feed was archived on July 05, 2021 23:09 (3y ago). Last successful fetch was on August 20, 2019 12:58 (5y ago)

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Manage episode 234477403 series 2380839
Content provided by Brian Riolo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brian Riolo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How does the first quarter of 2019’s Jersey City market compare with 2018? Here are the latest year-over-year numbers: Sold inventory rose 13.28% The median sales price dropped by slightly less than 2% The average sales price fell by just over 1% The average days on market increased, but the absorption rate decreased from 5.3 to 4.5 months “Though there’s been greater stabilization in the market, conditions still favors sellers.” Basically, since there’s more inventory, buyers have a greater opportunity to find a home that fits their needs. Though there’s been more stabilization in the market, conditions still favors sellers. As long as you price your home right and market it correctly, you’ll get the desired result from your sale. If you’re curious what your home is worth or if you have any other real estate questions, don’t hesitate to reach out to me. I’d be happy to help you.
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38 episodes

Artwork
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Archived series ("Inactive feed" status)

When? This feed was archived on July 05, 2021 23:09 (3y ago). Last successful fetch was on August 20, 2019 12:58 (5y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 234477403 series 2380839
Content provided by Brian Riolo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brian Riolo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How does the first quarter of 2019’s Jersey City market compare with 2018? Here are the latest year-over-year numbers: Sold inventory rose 13.28% The median sales price dropped by slightly less than 2% The average sales price fell by just over 1% The average days on market increased, but the absorption rate decreased from 5.3 to 4.5 months “Though there’s been greater stabilization in the market, conditions still favors sellers.” Basically, since there’s more inventory, buyers have a greater opportunity to find a home that fits their needs. Though there’s been more stabilization in the market, conditions still favors sellers. As long as you price your home right and market it correctly, you’ll get the desired result from your sale. If you’re curious what your home is worth or if you have any other real estate questions, don’t hesitate to reach out to me. I’d be happy to help you.
  continue reading

38 episodes

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