With Summer almost behind us, here is the Jersey City Condo Market update for condos for sale in Downtown Jersey City. Data is compiled from the Hudson County Multiple Listing Service.

Currently there are 326 Active downtown Jersey City Condos for sale. The average listing price is $511,145 spending an average of 109 days on the market. Since August 1, 2009, 64 condos in downtown Jersey City came on the market for sale. The average listing price of these new listings is $438,428.

There are 87 downtown Jersey City condos currently under contract waiting to close.

To read the entire Jersey City Condo Market Update, please visit my Jersey City Real Estate Blog. http://blog.livingonthehudson.com/2009/09/04/jersey-city-update-september-2009/