2012 Mar 28th

The Weekly Wednesday Wrap-Up – Hoboken Condo Sales and Activity for the Week of March 28th, 2012

Here are some interesting projections from Lawrence Yun, the chief economist for the National Association of Realtors. I’m not a big fan of the NAR but I happen to agree with most of what he has to say. Pay attention to the part at the end about the “shadow inventory”, too.

  1. (valid email required)
  2. (required)
 

This Week’s Condo Sales & Activity versus last week’s:

235 active Hoboken condo units – vs. 231 last week

  • 11 DABOs (Deposit Accepted By Owner i.e. under contract) vs.13 last week
  • 13 Sold vs. 10 last week
  • 30 New listings vs. 23 last week
  • 15 Price changes vs. 6 last week
  • 1 Expired listing vs. 4 last week

1 Bedroom & Studio Condos

9 New listings

10 Price Changes

96 Active

3 DABOs

  • 80-82 Bloomfield St., 5C, listed Mar 1 for $270K;
  • 232 Park Ave., 1 listed Mar 26 for $308K;
  • 119 Clinton St., 2R listed Feb 16 for $310K;

7 Sold

  • 647 Garden St., 2W listed Jan 3 2012 for $229K; reduced Dec 1 to $209K; sold for $197K;
  • 727 Washington St., 2 listed July 7 for $325K; reduced Nov 1 to $275K; sold for $236K;
  • 931 Park Ave., 3L listed Jan 3 for $329K; sold for $310K;
  • 456 9th St., 36 listed Feb 16 for $355K; sold for $350K;
  • 222 Willow Ave., 2B listed Dec 6 for $369K; sold for $360K;
  • 1206 Washington St. 3 listed Sept 28 for $385K; reduced Nov 11 to $375K; Sold for $370K;
  • 2 Constitution Ct., 608 listed Jan 9 for $415K; sold for $405K;

2 Bedroom Condos

18 New listings

4 Price changes

115 Active

6 DABOs

  • 717 Willow Ave., 7 listed Feb 8 for $419;
  • 501 9th St., 509 listed Jan 19 for $439K;
  • 501 Adams St., 3G listedMar 12 for $475K;
  • 109 Jackson St., 5D listed Mar 20 for $497K;
  • 1313 Park Ave., 3B listed Mr 8 for $525K;
  • 1119 Washington St., 2 listed Mar 15 for $529K;

5 Sold

  • 123-125 Jackson St., 2A listed Sept 14 for $460K; sold for $444K;
  • 1108 Hudson St., 5A listed Oct 17 for $525K; reduced Nov 29 to $514K; sold for $505K;
  • 824-830 Monroe St., 2I listed Sept 29 for $549K; sold for $521K;
  • 609-615 Observer Hghwy 403 listed Jan 5 for $569K; sold for $565K;
  • 800 Jackson St., PH15 listed Sept 2 for $635K; sold for $640K;

3 Bedroom & Bigger Condos

3 new listings

1 Price change

24 Active

2 DABOs
  • 904 Jefferson St., 2D listed Feb 21 for $750K;
  • 219-221 Grand St., 2A listed Mar 27 for $775K;
1 sold
  • 517 Adams St., 1 listed Dec 27 for $1.25Mil; sold for $1.225 Mil;
FacebookTwitterGoogle+Share

Leave a Reply

Copyright © 2008 Hoboken Real Estate News     Login     Sitemap