MONDAY MORNING HOBOKEN CONDO MARKET STATS

By
Real Estate Agent with RE/MAX Gold Coast Realty

WEEKLY STATISTICS 11/9/08- 11/16/08 

FIRM ACCEPTED OFFERS:

The Hoboken condo market had a total of 7 firm accepted offers for last week .  This was a slight improvement over the 5 offers from the previous week.

Firm accepted offers are offers that have cleared the mandatory attorney review process and are now considered a binding contract of sale.

1 BEDROOM

2 condos had firm offers  Click Here to View Listings

Average listing price is $347,000. Average days on market 66

2 BEDROOMS

4 condos had accepted offers Click Here to View Listings

Average listing price is $531,203 and average days on market is 156 days

3 BEDROOMS

1 condo had a firm accepted offer Click Here to View Listings

This unit was listed at $649,999 and has been on the market 53 days.

SOLD CONDOS:  

Total of 8 condos closed last week.  Relatively flat from last weeks 7 closings.

STUDIOS:

2 studios sold with an average listing price of $484,950 and an average selling price of $466,500 (-3.8% of list price)

Average days of market was 86. Click Here to View Listings

1 BEDROOM:

3 units sold with an average listing price of $431,166 and an average selling price of $411,500 (-4.56% of list price)

Average days on market was 118.  Click Here to View Listings

2 BEDROOMS:

3 units sold with an average listing price of $944,166 and an average selling price of $922,000 (-2.3% of list price)

Average days on market was 78.  Click Here to View Listings

These 2 bedroom stats were skewed by a $1,900,000 closing at Maxwell Place.  The other two condos sold at $415,000 and $451,000 respectively!

As of today there are 531 Hoboken condos actively listed for sale in our MLS.  They have an average asking price of $637,068.

Average days on market sits at 109 days

All of these statistics are compiled from the Hudson County Multiple Listing Service (HCMLS) and do not include  properties that are not listed on this MLS such as some new construction and for-sale-by-owners.

Posted by

re/max, logoEddie Perezfacebook, logo
Broker - REALTOR
RE/MAX Gold Coast Realty
56 Newark St.    ·      Hoboken, NJ 07030
Phone (201) 344-2886   ·   Office (201) 795-5200 ext 423


E-Mail Me 


 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
New Jersey Hudson County Hoboken Downtown
Tags:
condo market stats
hoboken
listings
mls

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the balloons to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the graph to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
196,337

Edward Perez

NJ Luxury Group - Serving Hoboken & Northern NJ
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information