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Monday, March 8, 2010

Hoboken | Real Estate | Market | Snapshot


Hoboken Real Estate Market Snap Shot

For the month of February, Hoboken saw 40 units close, not far from January's sales of 43. The average days on market 99. We've noticed an increase in inventory and currently we are looking at a 12 month supply of homes. However I expect March sales to be higher and remain strong through June.
The number of pending sales for February was solid at 56 units.

Hoboken Sold
Click to see list of homes that were sold

Total # of Listings
40
Lowest Asking Price
$279,900.00
Average Asking Price
$538,243.00
Highest Asking Price
$1,299,000.00
Lowest Sold Price
$260,000.00
Average Sold Price
$514,200.00
Highest Sold Price
$1,225,000.00
Average Price/Sq Feet
$466.42
Average Days On Market
99

Hoboken Pending - number of total pending sales
Total # of Listings
141
Lowest Asking Price
$199,999.00
Average Asking Price
$518,616.00
Highest Asking Price
$1,272,995.00
Average Price/Sq Feet
$464.28
Average Days On Market
77
These numbers are based solely on condomonium sales and do not reflect, single families, multi families or other properties, including private developer sales which are not all publicly available on the Multiple Listing Service.

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