2011 Mar 30th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of March 30th

Hoboken Condos Sales & Activity – Week of March 30th, 2011

Inventory has yet to break 400 units in a very, very long time.  Nonetheless, prices remain depressed.  The March sales results will be posted next week along with the first quarter of 2011.  That should be interesting.  I’ve been sick all week so I’m keeping this short today.  Enjoy.

Here is this week’s condo sales report:

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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:

14 new listing

3 Dabos

5 Sold

7 price reductions

142 Total Active 1BRs

Two Bedroom Hoboken Condos:

16 new listings

11 Dabos

7 sold

9 price reductions

194 Total Active 2BRs

Three Bedroom and Larger Hoboken Condos:

4 new listings

2 Dabos

5 Sold

no price reductions

37 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!

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  1. Haley Rose

    There was an article today (I think in the WSJ) that said Manhattan is down 25% from the peak. How much is Hoboken down in that time? Anyone know?

  2. teaorcoffee

    I don’t claim to know how much it is down; I will leave that to the experts on this board.

    However, I will say that over the weekend I saw an apartment at an open house that was listed at over the price that was paid in 2007 (which I understand is the peak). Maybe the unit was purchased pre-construction, but I will say I was a little shocked at the pricing.

  3. Tiger

    teaorcoffee, you never know. Maybe they got it preconstruction? Maybe they got it from a flipper who needed to sell ASAP to free resources? Or maybe the unit needed some work, they did the work and now you are getting a better unit for the same price? You never know.

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