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Dale Fior

Sales Associate
Office:(201) 478-6745

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Hoboken Q3 Supply & Demand - snapshot

The Supply and Demand Ratio is the relationship between ‘New Offerings’ coming on the market in any given month or quarter and ‘in-Contract Sales’ in that same period.  This activity is expressed as a percentage ratio. The Supply and Demand Ratio is a frequently used indicator by real estate market analysts as well as highly professional and experienced real estate brokers. A rising percentage ratio is indicative of improving market conditions, or a condition of the demand for property keeping up with or even exceeding the supply. A declining ratio is indicative of weakening market conditions, or a condition of the demand for property not keeping up with the amount of supply coming onto the market.  For example, a 100% ratio would indicate property being sold as fast as it comes on to the market in a given period.  A ratio of 50% would indicate property coming on the market...
Posted to Market Snapshot on Tuesday, November 22, 2016 at 5:12:30 PM

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