2008 Aug 27th

The Weekly Wednesday Wrap-Up – Hoboken Condo Sales & Market Activity for the w/e Aug. 27th

Studio & 1 Bedroom Hoboken Condos:

2 sold in an average of 29 days at an average sale price of $289,950 View Sold 1BR Listings

6 under contract this week – View 1BR Dabo’d Listings

139 total active with an average asking price of $490,563

( 23 Week Supply selling at 6 per week since January 1)

6 new with an average asking price of $500,478 View New 1BR Listings

Two Bedroom Hoboken Condos:

10 sold in an average of 57 days at an average sale price of $545,717 View Sold 2br Listings

7 under contract this week – View 2BR Dabo’d Listings

258 total active with an average asking price of $689,628

( 31 week supply selling at 8.37 per week since January 1)

9 new listings – $700,875 – View New 2BR Listings

Three Bedroom and Larger Hoboken Condos:

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None sold this week

1 under contract this week – View 3BR Dabo’d Listings

45 active 3BR condos for sale with an average asking price of $1,134,652

(41 week supply selling at 1.09 per week since January 1)

2 new with an average asking price of $1,134,652 – View New 3BR+ Listings

Also be sure to check out the 4 Bedroom penthouse duplex at 2 Constitution (The Shipyard) – pretty nice for a cool $4.3 mil.

Compare to last week: View Week Ending August 20th Here

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  1. MAC

    That custom penthouse is gorgeous!

  2. Lori

    No kidding! Given what the standard units look like in the Constitution, it is amazing what can be done to them with sufficient funds. . .

  3. Tiger

    I think it looks fantastic, however, a bit too classic for my taste, but then again I guess this is meant for a family.

    The views are OUT OF THIS WORLD! I love how you can see a big portion of the hudson plus the entire NYC skyline — most Hoboken condo’s when they advertise a view it means that you can see the tip of the Empire state building lol.

    Have a good long weekend everyone!

  4. Lori

    Yes, very Town & Country. But then think of the potential occupants – probably Wall St. big wig with a second home in Greenwich. It’s perfect for that crowd, no?

  5. JC

    I think its perfect for Brett Farve.

  6. JC

    THe first listing in the new 2 BR’s (215 adams) has the possibility of purchasing the private yard. When Iviewed this property on Wed. I could have sworn it said yard comes for $20k additional and now that number does not appear.

    Anyway, I was curious about your opinion on the pricetag of this yard. There is no picture of it, but what would you say is the average premium for a private yard? Does a yard add on x amount PSF or is it more viewed as a specific number? Will a 500 sq ft yard add more value on Garden than Adams?

    Since green/open space is so rare in and around NYC I acant help but think a private yard would bring good value to a property.

    thanks

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