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.