2013 Dec 10th

The November Hoboken Condo Sales Results

 

Here is the November chart:

Note that the average price per square foot of $570 is an all time high.   The average price for a two bedroom condo in Hoboken of over $660,000 is an all time high.  New listings keep coming up and they almost immediately sell for almost asking price.  Sales prices are up 12% from a year ago.  Inventory has built up a little this past month but I attribute that to the holidays.  This is historically the slow season for real estate.  If you are planning on buying a condo in Hoboken in the near future, my advice is – save your pennies!

 

 

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