Hoboken Movies Under The Stars

Hoboken Movies Under The Stars

Going tonight with some friends. Movie starts at 9PM. Bring a blanket or low chair and head to PierA park along Sinatra drive by first streets. Tonight's movie is
Breakfast At Tiffany's!

It's beautiful out so should be nice. And remember it's free!

To see a list of events check out the city of Hoboken's website calender of events.

Hoboken Real Estate Weekly Market Update

Hoboken Real Estate Weekly Market Update
Week of June 20 - 26th 2011

Sales:For the week there were 15 sales. From the lowest price, a short sale at 308 Monroe, one bedroom 554 sq feet asking $199,000 that sold for $199,000; to the highest price, a 3 bedroom 3 bath, 1651 sq feet with parking at 900 Jefferson with a list price of $750,000 and a higher sale price of $790,000.

Median list price for the week was $428,000. Median sale price was $427,000. Average days on market was 107 days.

Pending:For the same week there are 9 units waiting to close. From the lowest price, a 550 sq ft 1 bedroom at 1015 Grand St with a list price of $284,900; to the highest price, a 1079 sq ft two bedroom two bath with parking at The Huntington Hoboken, with a list price of $509,000.

Median list price for those pending was $425,000. Average days on market was 81 days.

Looks like June is going to close with a healthy amount of sales. Currently, there are just 387 condos for sale.

If it feels more competitive right now it's because it is. There are many bidding wars right now for homes priced correctly that need little to no work and they are trading closer to asking and in some cases above asking. So please be prepared and armed with information!

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Moms - Birthday Party Idea!

Hoboken Moms - Birthday Party Idea!

I just saw this picture on one of the blogs I follow, anna and blue paperie and I just loved it! Thought I'd share. What a festive way to welcome a party! You can make this for a summer birthday party, a barbecue, a house warming or any festive get together! Love it.

Anyone crafty out there? What creative welcomes do you make for parties?

Hoboken Real Estate Condo Market Update

Hoboken Real Estate Condo Market Update
Week of June 6th, 2011

Sales:
For the week there were 12 total sales. Quieter than the week prior which closed 19 sales. The lowest sale price was $320,000 at 724 Bloomfield for a 640 square foot one bedroom with a list price of $339,724; to the highest price, a 1338 sq foot two bed two bath at 1100 Adams st with a list price of $599,900 and a sale price of $613,000.

Median list price for the week was $438,000. Median sale price was $427,500. Average days on market was 48 days.

Pending:
For this week there were 11 units change to pending. From the lowest asking price of $335,000 for 737 sq foot a two bedroom one bath at 137 Park, to the highest asking price of $1.225Million for a 3 bedroom plus den two bath triplex with garage and roof deck at 422 Hudson St.

Median list price for the week was $499,000. Average days on market was 96 days.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Condo Market Update

Hoboken Real Estate Condo Market Update
Week of June 13th, 2011

Sales:
For the week there were a total of 20 sales. From the lowest price, a 725 square foot one bedroom on 4th and Madison with a list price of $199,900 and a sale price of $199,900; to the highest, a 1900 square foot 2 bed 2 bath condo with terraces at the W Hoboken, with a list price of $1.995Million and a sale price of $1.740Million.

Median list price for the week was $479,000. Median sale price was $460,250. Average days on market for these sales was 79 days.

Pending:
For the week there are 11 units waiting to close. From the lowest priced unit, a 471 square foot studio at 1021 Grand St with a list price of $243,000; to the highest asking price, a 1500 sq ft 2 bed 2 bath with garage and yard at 124 Jefferson St with an asking price of $759,000.

Median list price for those pending was $475,000. Average days on market was 58 days.





Information supplied by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market Update - May Report

Hoboken Real Estate Market Update - May Report

Month of May 2011 Report on Hoboken Condo's

Sales:
Pretty good numbers again for May. The month reported a total of 71 Hoboken condo units close. From the lowest priced sale, a 700 sq foot one bedroom on 4th and Madison with a list price of $209,900 and a sale price of $202,500; to the highest price for a sprawling, 2271 sq ft 3 bed 3 bath duplex at The Vespa with a list price of $899,900 and a sale price of $800,000.

Median list price for the month was $474,900 and the median sale price was $450,000. Average days on market for all sales was just 69 days.

Pending Units:
There are 65 units pending for this month. From the lowest priced unit, a one bedroom at 235 Monroe with a list price of $229,000 to the highest asking price, a 1900 sq ft two bedroom two bath with balcony and spectacular NYC views at the W Hotel residences with a list price of $1.995Million are under contract.

Median list price for those pending was $450,000. Average days on market was 65 days.

Currently there are a total of 392 Hoboken condos for sale. If we use 55 units closing as a monthly average, we are looking at just over 7 months of inventory.


Here is a recap of total sales in the last six months:
December - 53 Sales. Median sale price of $440,000. Average days on market 84 days.
January -     41 Sales. Median sale price of $460,000. Average days on market 83 days.
February -  38 Sales. Median sale price of $427,000. Average days on market 70 days.
March -      51 Sales. Median sale price of $455,000. Average days on market 84 days.
April -        63 Sales. Median sale price of $430,000. Average days on market 80 days.
May -         71 Sales. Median sale price of $450,000. Average days on market 69 days.

Compared to the same months one year ago:

December - 71 Sales. Median sale price of $478,000. ADOM 86 days.
January -     43 Sales. Median sale price of $480,000. ADOM 84 days.
February -   46 Sales. Median sale price of $456,000. ADOM 102 days.
March -      53 Sales. Median sale price of $498,500. ADOM 83 days.
April -        74 Sales. Median sale price of $473,752. ADOM 82 days.
May -         82 Sales. Median sale price of $435,000. ADOM 70 days.
June -       124 Sales. Median sale price of $473,000. ADOM 70 days. * (Will this June see the same jump?)