The Weekly Wednesday (on Thursday) Wrap Up – Hoboken Condo Sales & Activity for the Week of December 8th

2009 Dec 10th

The Weekly Wednesday (on Thursday) Wrap Up – Hoboken Condo Sales & Activity for the Week of December 8th

Hoboken Condos Inventory & Sales – Week of December 8th.

I know – it is Thursday. There was a tri-state Realtor convention in Atlantic City yesterday and today. We went down for just a day so I was very busy with blackjack and outlet shopping instead of real estate yesterday. Now it’s back to Hoboken and back to reality. Thanks for your patience. Today’s figures include an extra day (today). More good news – inventory continues to shrink, albeit slowly. Given that it’s the Holiday season, things have been pretty busy.

To see this report with the MLS links please complete this tiny form and viola!

Here are this week and last week’s numbers:

470 active Hoboken condo units today – 481 last week.
26 price reductions, vs. 12 last week
12 dabo (under contract) vs. 1 last week
20 sold vs. 24 last week
24 new listings vs. 5 last week
11 expired listings vs. 13 last week

Studio & 1 Bedroom Hoboken Condos:

13 new listings.

161 total active – $374,258 average asking price. Average 87 DOM.

4 dabos. Average 79 DOM.

123 Willow listed at 374.5k on Sep 9; reduced to 362; on Sep 22; to 349k on Oct. 6.
422 Bloom listed at 350k on Aug 12; reduced to 340k on Sep 10; 325k on Sep 24.

9 sold for an average price of $327,155 Average 57 DOM .

422 Bloom listed at 350k on Aug 12; reduced to 340k on Sep 10; 325k on Sep 24; sold for 305k.

11 price reductions.

Two Bedroom Hoboken Condos:

11 new listings

252 total listings. Average list price $587,059. Average 102 DOM.

178 up to $600,000
102 $600,000 and over

6 dabo’d. Average 88 DOM.

135 Garden listed at 550k on Aug 17; reduced to 450k on Sep 25; 435k on Oct 5; 430k on Oct 12; 425k on Oct 21; 415k on Oct 28; 405k on Nov 20.
109 Harrison listed at 500k on Oct 12; reduced to 475k on Oct 30; 456k on Nov 11.
65 10th Street listed at 619k on Jun 15; reduced to 599k on Jul 15; 579k on Oct 5.
400 9th Street listed at 599k on Sep 17; reduced to 589k on Sep 17; 569k on Oct 5; 549k on Nov 12.

9 sold – $490,877 average sales price. Average 112 DOM.

614 Monroe listed at 449k on Jun 23; reduced to 439k on Aug 11; sold for 418k.
78 Jackson listed at 689k on Jun 29; reduced to 629k on Aug 4; 619k on Sep 10; 599k on Sep 21; sold for 624k.
78 Jackson listed at 715k on Jun 3; reduced to 699k on Jun 16; 669k on Sep 10; 639k on Sep 21; sold for 639k.

11 price reductions.

Three Bedroom and Larger Hoboken Condos:

No new listings

56 active listing. Average price $959,626. Average 131 DOM.

2 dabo’d. Average 109 DOM.

1500 Garden (Harborside Lofts) listed at 1.250m on Sep 18; reduced to 1.195m.

2 sold. Average price $863, 000. DOM 114.

555 1st listed at 949k on Jun 26; reduced to 899k on Sep 7; sold for 846k.
78 Jackson listed at 955k on Jul 17; reduced to 899k on Sep 10; sold for 880k.

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. Can you believe they fined me $100 for a link I accidentally didn’t ‘break’? Maybe I need to start selling advertising on my blog.

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. A word about that – if you have an ongoing relationship with another agent we are not going to email you. That means someone you’ve been working with on a regular basis and whose services you are happy with and to whom you feel loyalty. We respect that relationship. If that is the case, ask your own agent for listings. If, however, you’ve gone to an open house or you’ve seen several properties with several different agents, that’s not an ongoing relationship. Showing someone a single property, or even a few, does not necessarily a relationship make. You are the consumer – you get to decide with whom you wish to work. So we will ask you before we email you.

You can always contact us at 201 993 9500.

Thanks for reading and, as always, we welcome your comments!

Fran said at December 7th, 2014 at 8:01 am
hmm…i do find the list a bit suspect…especially coirdiesnng a couple of the restaurants on it where I’ve eaten and not been that impressed (most specifically: quartier francais in SA) but I am always curious to see it. But, it doesn’t really sway me one way or another as to where to eat. it probably just makes it harder to get reservations at #1. it’s like when Tokyo trounced paris in Mich stars few years back. interesting blip, but it’s not like I’m going to move to japan because of it.

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