Summer is almost over! Wow how time flies. September is here and in just a few weeks the leaves will start to turn...
And if you're watching the Hoboken Real Estate Market, here are August's numbers. If you are looking for a home, and it feels like there is nothing available, or units are coming off the market before you can see them, that's because inventory is low. Currently there are just 291 units for sale. (319 total including single family and multi family homes) Compared with the same quarter last year, there were 530 homes for sale. (All classes included)
Hoboken Condo Sales: August
For the month, Hoboken closed a total of 61 units. From the lowest sale price of $190,000 to the highest sale price of $1.59Million.
By Bedrooms: 2 Studios, 22 One bedrooms; 31 Two bedrooms; and Six Three bedrooms.
Median list price for all sales was $444,999 and the median sales price was $420,000. Average days on market was 76 days.
One Bedrooms - Average List Price $357,849 Average Sale Price $342,427
Average price per square foot was $474.48 and average days on market was 93 days.
Two Bedrooms - Average List Price $534,093 Average Sale Price $520,651
Average price per square foot was $473.38 and average days on market was 66 days.
Three Bedrooms - Average List Price was $824,516 Average Sale Price was $796,666
Average price per square foot was $472.72 and average days on market was 69 days.
Information provided by the Hudson County MLS, deemed reliable but not guaranteed.
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