Hoboken Real Estate Condo Market Update
Week of July 18th - 24th 2011
Sales
For this week there were six sales in Hoboken. From the lowest price, a 527 sq foot one bedroom at 72 Garden St with an ask price of $285,000 and a sold price of $285,000; to the highest sale, a 1331 sq foot two bedroom two bath with terrace at the Sky Club with a list price of $529,000 and a sale price of $517,000.
Median list price for the week was $462,500 and the Median sale price was $440,500. Average days on market was 55 days.
Pending
For this week there are 12 units waiting to close. From the lowest priced unit, a 534 sq ft one bedroom with balcony and yard and an ask price of $309,000; to the highest, a 2032 sq ft 2 bedroom 2 bath at The Garden St Lofts with a list price of $1.275Million.
Median list price for those units pending this week was $444,500. Average days on market was 80 days.
A Hoboken and Jersey City Real Estate Blog by Karina Abad, realtor at Keller Williams Towne Square. Real estate market news, condos, homes and brownstones, buying and selling tips and local community info.
What is the difference between Median sale price and median list price?
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