Categories: Hoboken Condos
Faster, Closer & For More
The news for July is threefold and I have highlighted the relevant stats below in pink. I just happen to like pink.
Days on market dropped down to 47. That is historically an extremely low number. Properties are selling faster.
The discount off list is under 3%. That is also very, very close to asking. As close as it’s been since the peak of the market.
Finally, the price per square foot and average sales price are up. Properties are selling for more. Especially 3 bedroom properties. I don’t think I’ve ever seen the price per square foot of 3 bedrooms exceed the 2 bedrooms since I’ve been tracking it – and that has been for years.