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.

Real Estate | Tips | For Sellers | Hoboken and Everywhere! Tip #3

Continuing with my tips for sellers to prepare your home for market series, here is tip number three!

3. To Sell, Sell, Sell -- Clean, Clean, Clean

After you've cleared out the clutter, it's time to really clean. If you have carpets have them professionally cleaned. Hardwood floors? Then make them look their best! Hardwood floors are the number ONE selling feature in condominiums. Buyers swoon over nice hardwood floors so make sure they look great. Scour the bathrooms - another big ticket item for buyers. Buyers can be seriously turned off by a bathroom that looks used let alone dirty. So it is crucial that you re caulk if needed, and clean this room within every last inch. Go over the laundry closet, polish the furniture, scour out the cabinets, wash the windows and window coverings, and spiff up the ceiling fans and kitchen appliances. In short, clean everything, leave nothing behind and don't forget the dust bunnies on the ceiling molding!
Lastly, don't neglect the exterior; paint or power-wash everything that needs the work. Remember, this is a ceiling-to-floor, roof-to-foundation clean-up project. And with every dirty bucket of water you collect think of green in your pocket!

GO GREEN: Clean your home with home made recipes from your kitchen pantry and you'll clean just as well as using toxic items plus it's safe on you family and pets! Just add hot water to a bucket, and some ingredients you already have at home.

Here is a list of recipes from Planet Green you can make to clean different rooms in your home. In addition to contributing to a healthy environment, you'll save money on products!

Come back tomorrow for Tip #4!!

Is it Spring yet!?