2016 Aug 31st

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of August 31st, 2016

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As of August 31, 2016:

  • 133 active Hoboken listings
  • 109 Condo & Co-op listings, compared to 125 last week
  • 13 Single-family listings, compared to 17 last week
  • 11 Multi-family listings, compared to 11 last week

This Week’s Residential Property Sales & Activity:

  • 16 DABOs (Deposit Accepted By Owner and Under Contract) vs 13 last week
  • 14 Sold vs 19 last week
  • 12 New listings vs. 17 last week
  • 2 Price changes vs. 9 last week
  • 0 expired listings vs. 3 last week

Studio & 1-Bedroom Properties

24 Active listings

4 New listings

0 Price changes

5 DABOs

  • 218 Washington St., 3A listed Aug 11 for $380K;
  • 231 Grand St., 4R listed Jun 24 for $409K; reduced Aug 1 to $400K;
  • 72 Park Ave., 1B listed Aug 18 for $459K;
  • 904 Jefferson St., 5A listed Aug 17 for $615K;
  • 1500 Washington St., 6C listed Aug 4 for $699K;

4 Sold

  • 63 Jefferson St., 1B listed May 25 for $269K; sold for $254K;
  • 461 4th St., 1E listed May 31 for $365K; sold for $375K;
  • 416 Monroe St., 1R listed Jun 9 for $415K; sold for $405K;
  • 222 Monroe St., 2RN listed Jun 21 for $490K; reduced Jun 27 to $475K; sold for $460K;

2-Bedroom Properties

53 Active listings

5 New listings

1 Price change

11 DABOs

  • 550 2nd St., 4 listed Aug 2 for $499K; reduced Aug 22 to $479K;
  • 1002 Washington St., 2 listed Aug 21 for $639K;
  • 212 Madison St., 4C listed Jul 27 for $679K;
  • 508 Garden St., 3 listed Jul 26 for $739K;
  • 1300 Grand St., 219 listed July 6 for $770K;
  • 1313 Park Ave., 4A listed Aug 17 for $789K;
  • 2 Constitution Ct., 309 listed May 11 for $935K; reduced Jun 9 to $889K;
  • 337 Park Ave., 1 listed April 29 for $1.095M; reduced May 24 to $1.049M; reduced Jun 22 to $999K;
  • 1400 Hudson St., 233 listed May 22 for $1.0M;
  • 1125 Maxwell Ln., 704 listed Jul 11 for $1.30M;
  • 1125 Maxwell Ln., 801 listed Jun 6 for $2.635M;
8 Sold
  • 233 Grand St., 4L listed July 11 for $419K; sold for $419K;
  • 603 1st St., 1 listed Jun 10 for $509K; sold for $509K;
  • 113 Clinton St., 3 listed April 15 for $799K; sold for $785K;
  • 2 Constitution Ct., 512 listed Jun 17 for $839K; sold for $820K;
  • 412 Washington St., 1B listed May 18 for $835K; sold for $830K;
  • 224 Bloomfield St., 5 listed Jun 22 for $875K; sold for $845K;
  • 1500 Garden St., 10E listed May 20 for $1.349M; sold for $1.325M;
  • 1500 Hudson St., 12G listed May 31 for $1.425M; sold for $1.407M;

3-Bedroom & Larger Properties

32 Active listings

3 New listings

1 Price change

11 Multi-Family Active listings

13 Single-Family Active listings

0 DABOs

2 Sold

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  1. Matt

    Lots of reductions….

  2. hobokeninc.com

    @Matt – Of the 30 sold & under contract listings, I count five that reduced their prices. That’s 16% Doesn’t seem like “a lot” to me.

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