2008 Jul 27th

Hoboken Condos – How Much Should I Offer?

Buyers Always Want to Know: “Can I Buy That Condo for Less Than Asking Price?”

Most of the time, yes. Sometimes, like from the middle of 2002 to the end of 2004, no. Right now, Hoboken condos sell for about 2% off the list price. Keep in mind, if the condo was re-listed at a lower price, that is not reflected in these numbers.  Here is a chart showing, on average, how much off the list price Hoboken condos actually sold for over the past 8 years by quarter:

Here are the numbers:

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