Categories: Hoboken Condos
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!