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 Weekly Update

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.