2017 Jan 4th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of January 4th, 2017

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The average price of a Hoboken condo nearly hit $800,000 by the conclusion of 2016, a record high.  Price per square foot averages over $700.  Inventory is at its lowest level ever.  If you’ve ever had any thoughts of selling, there simply could not be a better time than now.  Give us a call (201 993 9500 is my cell) and we’d be happy to share more details with you about the Hoboken and Jersey City market.

As of January 4, 2017:

  • 94 active Hoboken listings
  • 71 Condo & Co-op listings, compared to 90 last week
  • 13 Single-family listings, compared to 14 last week
  • 10 Multi-family listings, compared to 10 last week

 

This Week’s Residential Property Sales & Activity:

  • 3 DABOs (Deposit Accepted By Owner and Under Contract) vs 5 last week
  • 17 Sold vs 12 last week
  • 7 New listings vs. 0 last week
  • 1 Price change vs. 2 last week
  • 6 expired listings vs. 0 last week

 

Studio & 1-Bedroom Properties

25 Active listings

5 New listings

No Price changes

1 DABO

  • 1450 Washington St., 613 listed Dec 8 for $670K;

4 Sold

  • 72 Garden St., 4R listed Nov 11 for $349K; sold for $355K;
  • 208 Willow Ave., 204 listed Oct 13 for $385K; sold for $415K;
  • 73 Garden St., 2L listed Oct 11 for $475K; sold for $475K;
  • 1500 Hudson St., 12A listed Sept 19 for $575K; reduced Oct 31 to $550K; sold for $550K;

 

2-Bedroom Properties

23 Active listings

1 New listing

No Price changes

1 DABO

  • 517 Jackson St., 302 listed Oct 5 for $645K;
8 Sold
  • 1216 Washington St., 2N listed Sept 6 for $515K; sold for $495K;
  • 1007 Willow Ave,. 10 listed Sept 18 for $525K; sold for $555K;
  • 825 Washington St., 5A listed Oct 24 for $580K; sold for $583K;
  • 402 Adams St., 3 listed Sept 27 for $599K; sold for $599K;
  • 537 Garden St., 2 listed Nov 15 for $569K; sold for $600K;
  • 456 9th St., 15 listed Oct 14 for $630K; sold for $669K;
  • 233 Monroe St., 3N listed Oct 26 for $730K; sold for $775K;
  • 113 Madison St., 2E listed Nov 9 for $765K; sold for $805K;

 

3-Bedroom & Larger Properties

23 Active listings

1 New listing

1 Price change

10 Multi-Family Active listings

13 Single-Family Active listings

1 DABO

  • 600 Newark St., 400 listed Oct 14 for $1.749M;

5 Sold

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