Downtown Jersey City Real Estate | Weekly Market Update

Downtown Jersey City Real Estate Weekly Market Update
Week of October 11th 2010

What's hot

Condominium Sales: For the week sales are up compared to last week's number of just one. This week, 7 units sold. From the lowest price, a 560 square foot studio at Montgomery Greene - 105 Greene St with an asking price of $250,000 sold above asking for $260,000. The highest price sale, a 1545 sq foot three bedroom two bath duplex with parking at The Shore Club - 1 Shore Lane, with a list price of $759,000 sold for $727,500.

Median List Price for this week was $526,900. Median Sale Price was $505,000. Median days on market was 76 days.

Pending Sales: For the week just one unit is under contract. A 566 square foot one bedroom short sale at The Athena - 389 Washington St is under contract.

Brownstones & Single Family Homes
Sales: Zero for the week.
Pending: Zero for the week.

Compare this week to last week's sales.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstone
Week of September 13th, 2010

What's cookin'

Condominium Sales:
For the week of the 13th, there were 9 units that closed. From the lowest, a 590 square foot one bedroom one bath located at 625 Willow Ave with a list price of $299,500 and a sale price of $295,000 to the highest, a 1260 square foot three bedroom two bath located at 501 9th St - aka Prospect Hill with a list price of $619,000 sold for $592,000.

Pending:
9 Units are under contract for this week. The lowest price, a 781 square foot two bedroom at 108 14th street with a list price of $299,000 and the highest asking price, a 1038 square foot two bedroom two bath at 1300 Grand - The Upper Grand - with a list price of $515,000.


Median list price, $469,900 and median sold price $445,000. Median days on market 73 days.


Single Family Brownstones
No Hoboken brownstones, or single family homes, were sold or written under contract for this week.

There are currently just nine for sale.


Information provided by the Hudson County Multiple Listing Service, deemed reliable but not guaranteed.

Downtown Jersey City Real Estate | Weekly Market Update

Downtown Jersey City Real Estate Weekly Market Update
Week of August 9th to August 15th, 2010

What's Hot In JC

Condominium Sales:
For this week, there were six sales. The lowest price was a 400 square foot studio at 295 York Street with a list price of $179,000 and a sale price of $170,000. The highest price was a 1173 Sq foot two bed two bath with terrace and parking at Mandalay Bay with a list price of $715,000 and a sale price of $650,000.
Median list price was $445,000 median sale price was $371,500. Median days on market was 9 days.

Pending Sales:
There are 5 units pending for the week. From the lowest price, a 765 square foot studio at Trump Tower with a list price of  $250,000. The highest price, a 1395 square foot 2 bed 3 bath duplex with parking at The Pier House with a list price of $669,000.

Median list price was $449,000. Median days on market was 173 days.

Brownstone Single Family Homes
Sales:
No sales for the week.

Pending:One single family went under contract. And boy it is a gorgeous one. A 5 level, 9 bedroom 4 bath at 210 Washington St in Paulus Hook with a list price 1.650Million.

Compare this week's sales to last weeks.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstones
Week of August 9th - August 15th 2010

What's Cookin In Hoboken

Condominium Sales: This week there were as many sales as the week prio. 5 total sales. The lowest price a 661 Sq foot one bedroom at 163 14th St, with a list price of $339,900 and a sale price of $315,000. The highest price, an 1100 sq foot two bed two bath with parking at 1300 Grand St with a list price of $549,900 and a sale price of $530,000.

Median list price was $379,900 median sale price was $372,750. Median days on market was 36 days.

Pending Sales: For this week there were ten units that went under contract. Two shy of last weeks pending sales. The lowest price was a 330 square foot studio at 725 Washington St with an asking price of $215,000. The highest price was a 1298 square foot one bed plus den w/terrace and parking at Maxwell Place with an asking price of $799,999.

Median list price was $439,000 median days on market 33 days.

Brownstone Single Family Homes
Sales:One sale for the week. 1217 Park, a 4 bedroom three bath single family on a 16 by 100 lot in need of complete rehab sold, with an original list price of $829,000 sold for $750,000.

Pending:
No single family homes pending for the week.

Compare this week's to last weeks sales.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Downtown Jersey City Real Estate | Market Update

Downtown Jersey City Real Estate Market Update
Week of August 1 thru August 8th, 2010

What's hot in JC

Condominium Sales
For the week there were 8 sales. The lowest asking price was for a 900 square foot two bed two bath at 227 Bay St with a list price of $299,900 - sold for $275,000. The highest asking price was for a 1300 sq foot two bed two bath at The Shore Club with a list price of $698,000 - sold for $645,000.
Median list price for the week was $399,900 median sale price was $387,500. Median days on market was 48 days.

Pending Sales
Three units are under contract for the week. Since there are three I'll list them.
420 2nd St 450 sq foot one bed - list price of $169,000
303 7th 1558 sq foot two bed two bath - list price of $489,000
The Shore Club - 1280 sq foot two bed two bath listed at $675,000

Median list price was $489,000 median days on market was 90 days.

Brownstones and Single Family Homes
Sales
No sales for the week.

Pending
No pending contracts for the week

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstones
Week of August 1st - 8th 2010


What's Cookin In Hoboken

Condominium Sales
This week there were 5 sales ( compared with the previous week of 15). The lowest priced sale was a 745 sq foot one bedroom with parking at 70 Adams with a list price of $419,000 and a sale $400,000. The highest priced sale was for a 1220 square foot two bedroom two bath at 600 Hudson. This sale actually sold ABOVE asking. Original list price was $669,000 sale price was $685,000.
Median list price for the week was $479,000 and the median sale price was $460,000. Median days on market was 63 days.

Pending Units
This week there are 12 units under contract. The lowest asking price was for a 700 sq foot one bedroom plus den and parking at 121 Willow with a list price of $389,000. The highest asking price was for a 2522 square foot 3 bedroom two bath with garage at 61 Madison with a list price of 1,19M.
Median list price for the week was $484,450 median days on market was 51 days.

Brownstones and Single Family Homes
Sales
This week no single family homes sold.

Pending
No contracts were written this week for single families.

Compare this week's sales to last weeks.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Jersey City Real Estate Weekly Sales Market Update

Jersey City Real Estate Weekly Sales Market Update 

For the week of July 19th, through July 25th 2010

What's hot in JC

Condominium Sales:
There were 5 sales that closed for the week. From the lowest price a 566 square foot one bedroom at The A condo's with a list price of $359,000 and a sale price of $315,000. To the highest price, a 2300 square foot 3 bedroom 3 bath restored brownstone condo with a list price of $1.249Million and a sale price of $1.075Million.

Median list price was $537,995 and median sold price was $513,000. Down about 6% from last week. Median days on market was 116 days. 


Pending Sales:
There were ten contracts written by real estate agents for the week. The lowest priced was a 759 square foot one bedroom at The Portofino, with an asking price of $275,000. The highest priced was a two bedroom two bath at Gulls Cove with an asking price of $672,000.




Median list price was $408,500, median days on market was 88 days.



Brownstone Single Family Homes
Sales:
There were no sales this week.


Pending:
There were no homes that went under contract.



Compare this week's sales to last weeks.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstones
For the week of July 19th to July 25th, 2010.

What's cookin in Hoboken

Condominium Sales:
There were six sales for this week. The lowest price a 611 square foot one bedroom on 2nd and Adams, with a list price of $224,900 sold for $220,000. The highest priced sale, was a 1338 square foot two bedroom two bath at 1100 Adams with a list price of $629,000 and a sale price of $595,000.

Median list price for the week was $457,433 median sale price was $440,500. Median days on market was 59 days. Down about 12.5% from last week.

Pending Sales:
14 new contracts were written by real estate agents this week. From the lowest, 222 Grand St a short sale, 720 square foot one bedroom with a list price of $349,000 to the highest, 56 Jefferson St a 2139 square foot three bedroom three bath with an asking price of 1.1Million.

Median list price for the week was $449,450. Median days on market was 62 days.

Brownstone Single Family Homes
Sales:
No homes sold for this week.

Pending:
No homes are under contract this week.

Compare this week's to last weeks sales.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Jersey City Real Estate Weekly Sales Update

Downtown Jersey City Real Estate Weekly Sales Update
For the week of July 12th - July 18th 2010

What's Hot In JC

Condominium Sales:
There were 9 sales for this week. From the lowest price, an 822 square foot one bedroom short sale asking $250,000 at The Park Hamilton, sold for $235,000. The highest price sale was a 1366 square foot 2 bed 2 bath at The A with a list price of $650,000 and sold for $650,000.

Median list price was $549,000, median sale price was $545,000. Median days on market 71 days.

Pending Sales:
4 new contracts were written by real estate estate agents. The lowest asking price a 1079 square foot 2 bed 2 bath at 11 Coles St at $389,000. The highest asking price was for a 1756 square foot 2 bed 2 bath at 50 Wayne Street at $649,000.

Median list price $487,000.

Brownstone Single Family Homes:
No single family homes sold for this week.

Pending Sales:
One single family is under contract. 249 2nd street is a 3 bed two bath home with a list price of $399,000.

Information supplied by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Weekly Sales Update

Hoboken Real Estate Weekly Sales Update

For the week of July 12th - 18th 2010

What's Cookin In Hoboken

Condominium Sales:

There were 8 sales for this week. From the lowest price, a 1037 square foot two bedroom one bath duplex at 80 Park, the converted school house, with an asking price of $399,000 and a sale price of $390,000. The highest priced sale, was a 1574 sq foot two bedroom, three bath duplex at Metro Stop with an asking price of $790,000 and a sale price of $760,000.

Median listing price was $527,000 median sale price was $510,000. Median days on market was 38 days, the average days on market was 79.

Pending Sales:
12 new contracts were written by real estate agents for this week. The lowest price, a 535 square foot one bedroom with yard at 309 Monroe with an asking price of just $245,000 to the highest price, a two bedroom two and a half bath duplex at 60 Jefferson with an asking price of $749,000.

Median list price was 552,000. Median days on market was 73 days.

Brownstone Single Family Homes:
Two homes sold for this week. One, a rehab home at 161 12th street with an asking price of $599,000 sold for $400,000. And the other, a beautifully renovated home at 218 7th street with an asking price of $995,000 sold for $940,000.

Pending:
No homes went into contract for this week.

Compare this week's sales to last weeks.

Information supplied by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market Snapshot

Hoboken Market Snapshot
Sales Are A Closin'! The month of June saw a healthy 114 sales close, no question that at least half of the sales were attributed to home buyer tax credit incentive that needed buyer's to close by June 30th. We will see what July has in store but from $200,000 to 2.4Million the median list price was $498,944 while the median sale price was $487,500. Median days on market was 43 days while the average was 68 days. Average price per sq foot was $457.70
There are 59 condo's from June that are pending.

Jersey City Real Estate Weekly Sales Update

Jersey City Real Estate Weekly Sales Update
Week of June 27th - July 4th 2010

What's hot in JC

Condominium Sales:
There were 15 sales for this week. From the lowest sale, a 640 sq foot one bedroom plus den on 8th street asking $220,000 after being listed with multiple brokers and several price reductions later, sold for 10k ABOVE asking price - for $230,000. The highest sale, a two bedroom two bath 1335 sq feet with an asking price of $799,000 sold for $730,000 at the Shore Club.

Median list price was $399,000 median sold price was $375,000. Median days on market 87 days.

Pending Sales: 6 new contracts were written by real estate agents this week. The lowest price a 671 sq foot one bedroom on 4th street with an asking price of $225,000 and the highest asking price, a 2255 sq foot four bedroom four bath with private terrace and an asking price of $999,000 at The Shore Club.



Single Family Brownstones:
Sales: There were no sales for this week.


Pending Sales: One single family is under contract. 333 10th street, a townhouse style 3 bedroom two and a half bath with huge garage and an asking price of $500,000 after being reduced multiple times from $599,000 is waiting to close.


Information supplied by the Hudson County MLS, deemed reliable but not guaranteed