32 Downtown Jersey City condos sell in Dec.

January 12, 2010 10:04AM

Thirty-two condos in Downtown Jersey City sold during the month of December, after an average of 95 days on the market. The sales price came in at roughly $436,035; the listing price was $443,717. In the previous month, 35 condos sold in the up-and-coming waterfront neighborhood for an average of $435,150 after 84 days on the market. December left Downtown Jersey City with 293 active condo listings, with an average price of $513,629, and 80 units under contract. At the end of November, the inventory stood at 285 listings for roughly $538,749 each. In the area’s 16 waterfront buildings, including Mandalay on the Hudson and Shore Club, 13 units sold during the month of December. [Weichert Realtors]

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