2009 Oct 28th
The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Inventory for the Week of Oct. 28th
Categories: Hoboken Condos, Weekly Wednesday Wrap Up
Hoboken Condos Inventory & Sales – Week of October 28th
Here are this week and last week’s numbers:
- 549 active Hoboken condo units today – 547 last week.
- 39 price reductions, the 33 last week
- 11 dabos (under contract) vs. 13 last week
- 28 sold vs. 11 last week
- 35 new listings vs. 49 last week
- 5 expired listings vs. 6 last week
To get this report with the MLS links please complete this little form:
Studio & 1 Bedroom Hoboken Condos:
12 new listings. Average list price $394,007.
186 total active – $394,638 average asking price. 75 average DOM.
2 dabos. 60 average DOM.
9 sold for an average price of $392,666. Average 146 DOM.
- 208 Willow listed for 349k on May 5; reduced to 340k on Jun 2; sold for 318k.
- 232 Madison listed for 369k on May 5; reduced to 359k on Jun 12; 350k on Jun 30; 340k on Aug 13; sold for 320k.
- 1331 Grand listed for 435k on Mar 15; reduced to 419k on Apr 18; 399k on Jul 13; sold for 399k.
- 924 Jeff listed for 415k on Apr 23; reduced to 395k on Jun 22; 385k on Jul 28; sold for 420k (with deeded parking space included in sales price).
10 price reductions.
Two Bedroom Hoboken Condos:
18 new listings – average list price $566,133.
295 total listings. Average list price $590,624. Average DOM 84.
- 214 up to $600,000
- 81 $600,000 and over
6 dabo’d. 57 average DOM.
- 809 Washington listed at 489k on Oct 2; reduced to 469k on Oct 9.
- 510 Monroe listed at 535k on Apr 22; reduced to 516k on May 15; 499k on Jun 4; 479k on Oct 12.
- 95 Garden listed at 539k on Sep 18; reduced to 529k on Oct 6.
17 sold – 468,764 average sales price. Average 132 DOM.
- 708 Willow listed for 290k on Jul 1; reduced to 275k on Aug 4; sold for 265k.
- 401 Monroe listed for 315k on Mar 16; reduced to 290k on Jul 15; sold for 275k.
- 213 14th Street listed for 440k on Apr 29; reduced to 430k on May 4; 400k on May 22; 390k on May 31; sold for 369k.
- 1110 Park listed for 456k on May 14; reduced to 449k on Jun 3; 439k on Aug 11; sold for 422.5k.
- 70 Adams listed for 535k on Apr 7; reduced to 515k on Jun 14; sold for 490k.
- 609 Observer listed for 710k on Jul 10 ‘08; reduced to 635k on Dec 16; 595k on Jan 9; 575k on Jan 13; 498k on Feb 9; sold for 498k. (This is the Vesta – and that’s some price reduction!)
- 116 Madison listed for 564k on Apr 23; reduced to 529k on Jul 6; sold for 512k.
- 609 Observer listed for 680k on May 21 ‘08; reduced to 605k on Dec 16; 585k on Jan 13; sold for 526.5k.
- 72 Garden listed for 539k on Mar 29; reduced to 519k on Jun 18; sold for 505k.
- 1029 Garden listed for 535k on Oct 22 ‘08; reduced to 500 on Dec 3; 479k on Mar 2; sold for 458k.
- 1300 Grand listed for 525k on Apr 7; reduced to 520k on Jul 20; sold for 500k.
26 price reductions.
Three Bedroom and Larger Hoboken Condos:
5 new 3 BR listings – $623,605 average asking price.
65 active listing. Average price $949,630. Average DOM 100.
3 dabo’d. 140 average DOM.
- 510 Monroe listed at 535k on Apr 22; reduced to 516k on May 15; $499k on Jun 4; 479k on Oct 12.
- 78 Jackson listed at 769k on Jun 29; reduced to 729k on Sep 10.
- 555 1st Street listed at 949k on Jun 26; reduced to 899k on Sep 7.
2 sold. $934,500 average sales price. Average 136 DOM.
- 609 Observer listed for 1,395M on Jul 11 ‘08; reduced to 1,260M; increased to 1,320M; sold for 1,080M.
4 price reductions.
Hoboken Condo Open Houses
If you are in the market for a Hoboken condo, our Hoboken Open House Google Map is your single best source for locating every open house in Hoboken. It’s posted on Friday every week. The info is updated weekly. If your google search seems to pull up an older version, click on the title link to get the most current map. Like this report, to receive the map with the actual links, you will have to request it.
Want to Receive New Listings & Price Reductions Daily?
If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories just email us at info@hobokensbest.com letting us know which size(s) you would like and we’ll add you to the daily email list.
You can always contact us at 201 993 9500.
Thanks for reading and, as always, we welcome your comments!
