April was a seesaw. Bidding wars on the good stuff. Buyer enthusiasm. But also buyer cautiousness coupled with lending cautiousness slowing down the buying process.
The market will hold a lot of disappointment for both buyer and seller until they both realize it is not a lopsided as they wish.
Hoboken Condos 2008
The April Numbers
Under contract in April 70
Sold in April 76
Information deemed reliable but not guaranteed