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Tuesday, December 6, 2011

Hoboken Real Estate - Condo Market Update - November Report

Hoboken Real Estate | Condo Market Update | December Report

A different format for this month's report. Hoping the grids are a little more reader friendly.  Let me know what you think!


The month of November saw 30 units Sold compared with October Below
 (Median Sale Price for November Is UP)
Price per square foot is also UP from October
But Prices From November 2010 and PPSFT seem unchanged, except that there were more sales last year this month, showing that effectively, prices are higher in 2011 if there are less sales at the same price.



November Units Sold - 30

CONDO-COOP Summary Statistics
HIGHLOWAVERAGEMEDIAN
LP:$1,275,000$229,900$510,421$468,000
SP:$1,215,000$220,000$492,855$459,875

Average Price/Sq Feet$464.71 

October Units Sold - 44

HIGHLOWAVERAGEMEDIAN
LP:$2,135,995$269,000$523,847$449,450
SP:$2,090,045$250,000$510,000$438,000

Units Pending - Total of 42 for November 

HIGHLOWAVERAGEMEDIAN
LP:$1,275,000$259,000$517,088$457,450

Average Price/Sq Feet$455.86

Compared With October - total of 41 units

HIGHLOWAVERAGEMEDIAN
LP:$1,499,999$198,500$528,080$439,000

Average Price/Sq Feet$446.05

Compared With November 2010 - total of 47 units Sold

HIGHLOWAVERAGEMEDIAN
LP:$1,679,995$229,000$542,118$475,000
SP:$1,634,840$180,000$521,167$459,990

Average Price/Sq Feet$466.12

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