Hoboken Real Estate | Market Sales Weekly Update

Hoboken Real Estate Market Sales Weekly Update

Week of January 24th - 30th

Condominium Sales:
For the week there were 9 sales. From the lowest of $265,000 for a 620 square foot one bedroom, to the highest, 1.6Million for a 3 bedroom two and a half bath, 2000 square foot condo at Maxwell Place.

Median list price for the week was $429,900. Median sale price for the week was $402,000. Median days on market is 63 days.

Pending Units:
For the week there are 11 units under contract. Up from last week. From the lowest, a 749 square foot one bedroom at 535 Bloomfield with a list price of $285,000, to the highest, a 1675 square foot two bedroom two bath at Metro Stop with a list price of $820,000.

Median list price for the week is $499,000. Median days on market is 22 days.


Brownstones and Single Family 
Sales: One home sold. 839 Bloomfield, a beautiful 5 bedroom 3 bath Brownstone with a list price of $1.199Million, sold ABOVE asking, at $1.2Million.

Pending: No homes are pending for this week.
(However there are four brownstones waiting to close)

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

Gold Coast Real Estate - 200 Condos under $200,000

Homes in the area are becoming more affordable. Just this weekend I was able to find a couple a two bedroom one bath with terrace, in an elevator building that includes one car covered garage parking, all for about $200,000 in a nice neighborhood with convenient transportation to NYC.

It sparked me to compile a list of other affordable homes up to $200,000, and girl did I find a lot! Here is a list of 200 condo's priced under $200,000. They include the Jersey City area, Union City, Weehawken, North Bergen, West New York, and Guttenberg area. All share one great thing in common. They provide convenient transportation options to get to NYC quickly. View the list!!!!!


Don't forget, the $8,000 first time home buyer tax credit ends this year. You need to be in your home by November 30th in order to qualify. Not enouh time? There is a chance that Congress could approve a new bill for 2010 and a different tax credit.

If you need help don't hesitate to leave me a comment. And remember, first step is to arm yourself with a prequalification letter from a reputable lender.

Happy house hunting!