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.