2011 Jan 5th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of January 5th

Categories: Market Analysis, Weekly Wednesday Wrap Up

Hoboken Condos Sales & Activity – Week of January 5th, 2011

Well, it’s time to make plans and predictions for the year ahead and see how we measured up last year.   What better place to start than with the Hoboken real estate market.  Here is a chart of both average and median sales price for Hoboken condos for the past decade.  The little upturn (or less of a downturn) at the very end makes me happy.  I suspect it’s a sign of things to come.  Just yesterday, Crain’s New York Business published a story about the Manhattan real estate market moving sideways.  I think Hoboken is on a similar path.

10 yr avg sales price

The other chart that is promising is this one showing a definite increase in the number of transactions in 2010.

number transaction

Of course, as they say, past performance is not an indicator of future results but my instinct tells me we are moving in the right direction.

Here is this week’s condo sales report:

Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21” after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.

Studio & 1 Bedroom Hoboken Condos:

8 new listing

1 Dabo

8 Sold

2 price reductions

131 Total Active 1BRs

Two Bedroom Hoboken Condos:

8 new listings

2 Dabos

4 sold

3 price reductions

179 Total Active 2BRs

Three Bedroom and Larger Hoboken Condos:

8 new listings

4 Dabos

2 Sold

no price reductions

39 Total Active 3BRs

Hoboken Condo Open Houses

If you are in the market for a Hoboken condo, our Hoboken Open House Google Map is your best source for locating every open house in Hoboken. It is the single, most complete listing available and we were the first ones to do it. We compile the information by hand from all possible sources to provide you with all the information you need in one spot. It’s posted on Friday every week.

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 [email protected] letting us know which size(s) you would like and we’ll add you to the daily email list.

For more information you can always contact us at 201 993 9500.

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

  1. teaorcoffee said at January 6th, 2011 at 1:07 pm

    Looks like a lot going on at Hudson Tea.

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