2013 Feb 20th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of February 20th, 2013

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This Week’s Residential Property Sales & Activity:

154 active Hoboken listings:

  • 146 Condo & Co-op listings, compared to 150 last week
  • 8 Single- and multi-family listings, compared to 15 last week
  • 15 DABOs (Deposit Accepted By Owner i.e. under contract) vs 19 last week
  • 9 Sold vs. 8 last week
  • 27 New listings vs. 33 last week
  • 9 Price changes vs. 5 last week
  • 0 expired listing vs. 1 last week

1 Bedroom & Studio Properties

8 New listings

2 Price change

49 Active listings

6 DABOs

 

  • 317 Willow Ave., 2 listed Feb 8 for $329K;
  • 920 Hudson St., 5E listed Jan 8 for $399K;
  • 450 7th St., 1Q listed Jan 20 for $399K;
  • 77 River St., 8 listed Feb 13 for $409K;
  • 222 Willow Ave., 3B listed Jan 2 for $419K; reduced Jan 29 to $409K;
  • 1500 Hudson St., 10T listed Feb 15 for $459K;

3 Sold

  • 519 Adams St., 4 listed Dec 17 for $325K; sold for $325K;
  • 622 Park Ave., 3B listed Nov 28 for $338K; sold for $340K;
  • 227 Monroe St., 1R listed Jan 10 for $375K; sold for $380K;

2 Bedroom Properties

14 New listings

5 Price changes

80 Active listings

6 DABOs

  • 636 Park Ave., 4 listed Jan 22 for $435K;
  • 636 Park Ave., 3 listed Jan 22 for $435K;
  • 811 Washington St., 1L listed Jan 4 for $480K; reduced Jan 17 to $477K;
  • 116 Bloomfield St., 2 listed Oct 18 for $749K; reduced Jan 28 to $674K;
  • 109 2nd St., 3 listed Feb 5 for $750K;
  • 408 Court St., 5 listed Feb 2 for $850K;
5 sold
  • 95 Garden St., 4B listed Nov 14 for $569K; sold for $556K;
  • 132 Bloomfield St., 3 listed Jan 16 for $575K; sold for $575K;
  • 70 Adams St., 4D listed Nov 30 for $625K; sold for $620K;
  • 304 Hudson St., 1 listed Oct 3 for $640K; sold for $645K;
  • 115 Clinton St., 1 listed Feb 28 for $700K; sold for $695K;

3 Bedroom & Bigger Properties

7 New listings

2 Price changes

20 Active listings

5 Multi-Family Active listings

3 DABO’s

  • 603 Monroe St., 4 listed Feb 1 for $775K;
  • 504 Grand St., listed Feb 1 for $825K;
  • 120 Park Ave., listed April 23 for $825K;
1 sold
  • 305 Court St., 1 listed Oct 1 for $950K; sold for $979K;
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  1. J

    Lori-Can you provide some information on what the average brokerage commission is on units for sale in Hoboken? What percentage are 4%, 5%, and 6%?

    Much appreciated!!

  2. Lori

    Off the top of my head (having looked it up not too long ago) about 90% or more of listings are 5% commission. The rest are split between 4 and 6.

  3. J

    Thanks!

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