2017 May 24th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of May 24th, 2017

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As of May 24, 2017:

  • 196 active Hoboken listings
  • 147 Condo & Co-op listings, compared to 128 last week
  • 32 Single-family listings, compared to 31 last week
  • 17 Multi-family listings, compared to 15 last week

 

This Week’s Residential Property Sales & Activity:

  • 12 DABOs (Deposit Accepted By Owner and Under Contract) vs 15 last week
  • 21 Sold vs 16 last week
  • 40 New listings vs. 36 last week
  • 15 Price changes vs. 10 last week
  • 0 expired listing vs. 1 last week

 

Studio & 1-Bedroom Properties

39 Active listings

7 New listings

4 Price changes

6 DABOs

  • 509 Monroe St., 3R listed May 11 for $335K;
  • 60 Madison St., 2L listed May 11 for $395K;
  • 420 Madison St., 3R listed May 15 for $435K;
  • 625 Willow Ave., 1R listed May 19 for $435K;
  • 137 Garden St., 4 listed April 18 for $488K;
  • 1500 Washington St., 7N listed Mar 11 for $600K; reduced May 11 to $595K;

7 Sold

  • 512 1st St., 4 listed Mar 25 for $329K; sold for $315K;
  • 68 Monroe St., 2A listed Mar 10 for $365K; sold for $381K;
  • 114 Monroe St., 2R listed Mar 24 for $379K; sold for $400K;
  • 916 Park Ave., 4 listed Mar 1 for $399K; sold for $425K;
  • 1500 Garden St., 2J listed Mar 15 for $525K; sold for $500K;
  • 300 Hudson St., 11 listed Jan 4 for $569K; reduced Mar 10 to $560K; sold for $544K;
  • 1450 Washington St., 1206 listed Jan 18 for $780K; reduced Jan 19 to $765K; sold for $760K;

 

2-Bedroom Properties

69 Active listings

23 New listings

6 Price changes

6 DABOs

  • 261 12th St., 3A listed May 18 for $549K;
  • 531-533 Jefferson St., 6 listed April 21 for $629K; reduced May 5 to $600K;
  • 623 Madison St., 3C listed May 18 for $650K;
  • 1100 Clinton St., 305 listed May 15 for $659K;
  • 700 1st St., 10G listed May 1 for $750K;
  • 222 Park Ave., 3 listed May 5 for $925K;
7 Sold
  • 224 Madison St., 4B listed April 5 for $475K; sold for $475K;
  • 610 Newark St., 3G listed Mar 15 for $615K; sold for $658K;
  • 812 Grand St., 416 listed Mar 22 for $700K; sold for $740K;
  • 1301 Adams St., 404 listed Mar 22 for $759K; sold for $815K;
  • 1300 Grand St., 416 listed April 6 for $800K; sold for $825K;
  • 70 Adams St., 5J listed Mar 10 for $849K; sold for $870K;
  • 1100 Adams St., 409 listed Mar 3 for $1.150M; sold for $1.125M;

 

3-Bedroom & Larger Properties

39 Active listings

10 New listings

5 Price changes

17 Multi-Family Active listings

32 Single-Family Active listings

3 DABOs

  • 1139 Garden St., listed May 5 for $1.399M;
  • 420 Hudson St., 1 listed Mar 24 for $2.0M; reduced April 19 to $1.940M;
  • 725 Park Ave., listed May 1 for $2.860M;

7 Sold

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  1. Hoboken, Inc.

    Wow, 1301 Adams’ sale price is extremely impressive. The absolute floor now for a legit 2bd/2ba in Hoboken is 750k. And it goes up far higher from there.

  2. Lori

    For a 2/2 with an elevator, parking, w/d and central air, yes. I’m seeing more and more people, especially first time buyers, head to JC Heights and Bergen-Lafayette. You can buy a single family brownstone for under $500k!

  3. Joe Federici

    Is inventory increasing?

  4. Lori Turoff

    @Joe – not in any sort of meaningful way. There are fluctuations from month-to-month but still multiple offers on almost everything in the “sweet spot”.

  5. Hoboken RE Fan

    Hi Lori, Big fan of your blog.

    Just a friendly heads up the link to see the full MLS listings (after having entered my email) for this WWW is broken.

    The error message is: Sorry But We Could Not Find What You Were Looking For.

    Thank you!

  6. Lori

    We are trying to make it so from now on, you can go back and see past WWWUs by typing in HobokenRealEstateNews.com/WWWU-06-24-17 for example.

    I will fix.

    Thanks!!

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