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| Hoboken Clock 10th Street |
SALES
For the month Hoboken saw 39 units close. From the lowest priced unit, a junior one bedroom at 637 Garden with a list price of $209,000 and a sale price of $197,000 to the highest asking price at 1125 Maxwell Place, a 2 bedroom 2 bath unit #340 with an asking price of $1.352995 and a sale price of $1.300000.
The Median List price for units closed was $415,000 and the Median Sale price was $400,000.
The Median Days On Market was 59 days.
PENDING
For the month in Hoboken Real Estate there are a total of 71 units waiting to close. From the lowest asking price of $199,900 for a junior, 405 sq ft one bedroom at 109 Harrison St to the highest asking price of $2.195,000 at The W Residences, Unit 2003 offering 2375 sq feet and 3 bedrooms, 3.5 baths.
The Median List price for units pending was up from units closed, at $449,000.
The Median Days On Market was down from units closed, to 30 days.
Warm weather, improved economy bringing out homebuyers and sellers this Spring - article NJ.com
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NJ Homes in Hoboken seem to be going up, would I really be getting a good deal there?
ReplyDeleteHi Penny, yes you would be getting an excellent deal. Take into consideration that prices in Hoboken are down about 20% from their peak and interest rates are just below 4%. We believe that this may be buyers last chance to purchase a home this affordable for many years to come.
DeleteLook out for Aprils sales stats coming later - and you'll see the trend is spiking up slowly.