Your Weekly Hoboken Real Estate Market Update, for the week of June 7th thru June 13th, 2010.What's Cookin In Hoboken
Condomonium Sales:
There were 17 units that sold for this week. From the lowest price, a 631 sq foot, 5th floor walk up one bedroom at 708 Willow that listed and sold for $286,000 to the highest; a 2466 sq foot duplex 2.5 bedroom 2.5 bath with private yard on First and Bloomfield that listed for $939,000 and sold for $880,000.
Median List Price was $524,000 and median sale price was $521,250. Median days on market was 44 days.
We can see that prices are still softening a bit if we compare these to previous weeks numbers.
New Pending Sales:
There were 8 new contracts written during this same week of June 7th. From the lowest asking price of $299,993 for a 665 sq foot one bedroom at 95 Garden Street near Newark, to the highest asking price $775,000 for a 1641 sq foot three bedroom three bath with parking and outdoor space at 904 Jefferson Street.
Median list price was $469,450. Median days on market was 62 days.
Hoboken Brownstones Market Update
Single Family Sales:
One single family sold for this week. 113 Garden, a gut rehab featuring 4 bedrooms 2 baths that sits on a 16 by 102 lot, with an asking price of $880,000 sold for $750,000 to a cash buyer.
New Pending Sales:
No new contracts were written for single families for this week.
Compare this week's sales to last week's report by clicking here.
Information provided by the Hudson County MLS, deemed reliable but not guaranteed.
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