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Tuesday, December 14, 2010

Hoboken Real Estate Market Weekly Update

Hoboken Real Estate Market Weekly Update - Condos and Brownstones
Week of December 6th thru 12th, 2010

Condominium Sales:
For the week there were seven sales. From the lowest, a 635 square foot two bedroom, 5th floor walk up at 233 Grand, with a list price of $323,000 and a sale price of $300,000 and 22 days on market. To the highest, an 1805 square foot three bedroom two bath with parking and terrace at The Neopolitan, 650 2nd street, with a list price of $699,000 and a sale price of $660,000 and 174 days on market.

Median list price for the week was $399,000 (avg was $456,271) median sale price was $399,000 (avg was $434,714. Median days on market was 63 (avg 76 days).

Pending:
8 pending units this week. From the lowest, a 756 square foot one bedroom at Prospect Hill - 501 9th St, with a list price of $365,000 and 36 days on market. To the highest, a 1361 square foot two bedroom two bath with parking at Maxwell Place, 1025 Maxwell Lane with a list price of $887,000 and 158 days on market.

Median list price for the week was $607,450 (avg was $614,987). Median days on market 42 days (avg 53 days).

Brownstones and Single Family Homes


Sales: Zero. No single family homes have sold this week.

Pending: One home is waiting to close. 839 Bloomfield, a five bedroom, three bath, three level Brownstone with full finished basement and yard is waiting to close. It had a list price of 1.199M and was on the market for 61 days.

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

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