Welcome to My Blog! Please feel free to email me @ karinaabadnj@gmail.com

Thursday, October 3, 2013

Hoboken Real Estate Condo Market Update September 2013

Hoboken Real Estate Condo Market Update September 2013

Hoboken's real estate market remains hot. Best to strike while the iron is hot as mortgages are low and it is a great opportunity for both sellers and buyers. Although for buyers you will need patience and your wits about you!

Sales:
For the month of September Hoboken saw a total of 98 sales. The Median List Price for all units sold was $561,950 and the Median Sold Price was $560,919. The lowest and highest sales were $265,000 and $1.580Million respectively.

The Median Days on Market was 28 days.

Pending:
The same month, 76 units changed their status from active to under contract. The Median List Price was $533,066. The Median Days on Market was 27 days.

No comments:

Post a Comment