2014 Apr 17th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of April 16th, 2014

Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Market Analysis, Weekly Wednesday Wrap Up

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As of April 16, 2014:

  • 192 active Hoboken listings
  • 173 Condo & Co-op listings, compared to 173 last week
  • 9 Single-family listings, compared to 6 last week
  • 10 Multi-family listings, compared to 10 last week

This Week’s Residential Property Sales & Activity:

  • 28 DABOs (Deposit Accepted By Owner and Under Contract) vs. 16 last week
  • 19 Sold vs 29 last week
  • 52 New listings vs. 34 last week
  • 14Price changes vs. 8 last week
  • 3 expired listings vs. 4 last week

 

Studio & 1-Bedroom Properties

88 Active listings

20 New listings

3 Price changes

13 DABOs

  • 211 Adams St., 5 listed Mar 27 for $290K;
  • 711 Willow Ave., 3C listed Mar 12 for $325K;
  • 1212 Washington St., 3S listed Dec 10 for $335K; reduced Feb 26 to $325K;
  • 114 Monroe St., 2R lsited April 1 for $339K;
  • 624 Park Ave,. 3C listed April 9 for $340K;
  • 138-140 Garden St., 3 listed Mar 7 for $374K;
  • 89 Grand St., B listed Jan 17 for $383K; reduced Mar 25 to $375K;
  • 929 Garden St., 4R listed Mar 19 for $425K;
  • 1300 Grand St., 414 listed Feb 6 for $550K;
  • 1500 Washington St., 11K listed Mar 24 for $575K;
  • 1125 Maxwell Ln., 608 listed Feb 10 for $825K; reduced Mar 10 to $812K;
  • 1025 Maxwell Ln., 1100 listed Dec 31 for $1.050M;
  • ;

9 Sold

  • 162 2nd St., 1 listed Aug 7 for $349K; reduced Sept 6 to $339K; reduced Oct 22 to $325K; reduced Jan 13 to $319K; sold for $304K;
  • 74 Garden St., 3N listed Jan 22 for $375K; sold for $365K;
  • 230 Park Ave. 2R listed Dec 31 for $375K; sold for $365K;
  • 1204 Washington St., 2S listed Dec 4 for $399K; sold for $399K;
  • 700 1st St., 2U listed Jan 13 for $420K; sold for $408K;
  • 223 Bloomfield St., PHE listed Oct 17 for $489K; sold for $470K;
  • 1300 Grand St., 312 listed Mar 6 for $515K; sold for $500K;
  • 1125 Maxwell Ln., 540 listed Jan 14 for $755K; sold for $790K;
  • 1125 Maxwell Ln., 436 listed Jan 19 for $899K; sold for $899K;

 

2-Bedroom Properties

65 Active listings

25 New listings

9 Price changes

11 DABOs

  • 332 Madison St., 2L listed Feb 17 for $375K;
  • 501 Adams St., 2D listed Mar 12 for $559K; reduced April 3 to $539K;
  • 312 Madison St., 4B listed Feb 21 for $550K; reduced Mar 14 to $539K;
  • 1100 Clinton St., 201 listed April 8 for $545K;
  • 813 Garden St., 4 listed Mar 18 for $550K;
  • 813 Garden St., 1 listed Mar 17 for $559K;
  • 1034  Clinton St., 107 listed April 11 for $599K;
  • 215 Grand St., 3F listed Mar 21 for $639K;
  • 109 Jackson St., 3B listed April 8 for $649K;
  • 700 1st St., 17PC listed Feb 7 for $725K;
  • 71 Jefferson St., 5 listed Feb 7 for $850K;
10 Sold
  • 1214 Washington St., 3 listed Feb 3 for $399K; sold for $390K;
  • 1012 Park Ave., 3 listed Jan 27 for $450K; sold for $450K;
  • 501 9th St., 210 listed Feb 20 for $539K; sold for $560K;
  • 501 Adams St., 4G listed Feb 6 for $569K; sold for $589K;
  • 609 Observer Hghwy., listed Jan 10 for $659K; sold for $645K;
  • 606 Clinton St., 5 listed Mar 11 for $629K; sold for $665K;
  • 517 Adams St., 2 listed Oct 29 for $795K; reduced Nov 13 to $780K; reduced Jan 21 to $760K; sold for $744K;
  • 113 Willow Ave., 2 listed Feb 26 for $849K; sold for $915K;
  • 1450 Washington St., 1107 listed Dec 17 for $1.050M; reduced Feb 12 to $1.0M; sold for $990K;
  • 1500 Garden St., 4C  listed Feb 19 for $1.280M; sold for $1.280M;

 

3-Bedroom & Larger Properties

20 Active listings

7 New listings

2 Price changes

10 Multi-Family Active listings

9 Single-Family Active listings

4 DABOs

  • 823 Washington St., 2 listed Mar 19 for $599K;
  • 78-80 Jackson St., 4A listed Mar 10 for $1.175M;
  • 1212 Garden St., listed April 4 for $1.60M;
  • 1230 Bloomfield St., listed Mar 26 for $1.995M;

0 sold

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Posted by Nathan Turoff | Currently No Comments »

2014 Apr 10th

The March Hoboken Condo Sales Results

Categories: For Buyers, For Sellers, Hoboken Condos, Market Analysis, monthly results

Sales price, in terms of average sales price, backed off a little this month.  But – the average size unit sold in March in Hoboken was under 1000 square feet and there was only 1 (small) three-bedroom sale.  I would propose that those families with the strollers didn’t want to traipse around in the heavy snow back in January (when March closings are born).  Next month we are likely to see the effect of the bigger unit sales hitting this chart.  My buyers have had to deal with multiple offers on every single one of them.

Other points of note:

- the average price of a one-bedroom in Hoboken condo has hit $600 a square foot;

- it’s getting harder and harder to buy a two-bedroom Hoboken condo for under $600,000;

- Hoboken condos sell for even closer to asking price than in the past.

Here is the March chart:

 

 

Posted by Lori Turoff | Currently No Comments »

2014 Apr 9th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of April 9th, 2014

Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Weekly Wednesday Wrap Up

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As of April 9, 2014:

  • 187 active Hoboken listings
  • 170 Condo & Co-op listings, compared to 173 last week
  • 8 Single-family listings, compared to 6 last week
  • 9 Multi-family listings, compared to 10 last week

This Week’s Residential Property Sales & Activity:

  • 16 DABOs (Deposit Accepted By Owner and Under Contract) vs. 13 last week
  • 29 Sold vs 12 last week
  • 34 New listings vs. 43 last week
  • 8 Price changes vs. 10 last week
  • 4 expired listings vs. 2 last week

 

Studio & 1-Bedroom Properties

91 Active listings

14 New listings

2 Price changes

6 DABOs

  • 532 Adams St., 1L listed Sept 24 for $250K; reduced Dec 30 to $249K; reduced Feb 3 to $248K;
  • 708 Willow Ave., 5D listed Feb 20 for $280K;
  • 60 Madison St., 2R listed Mar 7 for $300K;
  • 1033 Washington St., 3F listed Mar 21 for $335K;
  • 930 Jefferson St., 2A listed Nov 20 for $545K;
  • 1125 Maxwell Ln., 626 listed Feb 19 for $713K;

9 Sold

  • 725 Jefferson St., 33 listed Oct 16 for $405K; reduced Nov 21 to $400K; sold for $390K;
  • 512 Jefferson St., 2L listed Dec 4 for $415K; reduced Jan 25 to $400K; sold for $400K;
  • 402 9th St., E3J listed Jan 14 for $449K; sold for $431K;
  • 830 Bloomfield St., 2 listed Feb 2 for $460K; sold for $455K;
  • 1500 Hudson St., 5N listed Nov 21 for $475K; sold for $459K;
  • 64 Monroe St., 1 listed Jan 27 for $475K; sold for $463K;
  • 61 6th St., 3 listed Feb 5 for $464K; sold for $464K;
  • 812 Bloomfield St., 8 listed Oct 23 for $489K; reduced Nov 19 to $484K; sold for $470K;
  • 1327 Grand St., 507 listed Jan 22 for $559K; sold for $577K;

 

2-Bedroom Properties

59 Active listings

13 New listings

4 Price changes

9 DABOs

  • 222 Grand St., 1E listed Mar 31 for $450K;
  • 509 Willow Ave., 2 listed Mar 25 for $450K;
  • 1208 Washington St., 3N listed Mar 19 for $489K;
  • 1110 Clinton St., 25 listed Mar 24 for $499K;
  • 501 Adams St., 2E listed April 2 for $545K;
  • 1015 Grand St., 5C listed April 2 for $605K;
  • 659 1st St., 501 listed Feb 6 for $650K;
  • 70 Adams St., 2F listed Mar 26 for $700K;
  • 659 1st St., 214 listed Mar 26 for $899K;
17 Sold
  • 331 Adams St., 3 listed Jan 29 for $459K; sold for $452K;
  • 1110 Park Ave., 3R listed Jan 29 for $450K; sold for $455K;
  • 723 Willow Ave., 3L listed Jan 27 for $485K; sold for $470K;
  • 312 Madison St., 5B listed Feb 4 for $520K; sold for $515K;
  • 812 Bloomfield St., 5 listed Oct 23 for $579K; reduced Nov 19 to $549K; sold for $541K;
  • 812 Bloomfield St., 4 listed Oct 23 for $579K; reduced Nov 19 to $549K; sold for $542K;
  • 812 Grand St., 305 listed Feb 20 for $559K; sold for $559K;
  • 1300 Grand St., 208 listed Dec 16 for $620K; reduced Jan 15 to $600K; sold for $590K;
  • 727 Monroe St., 502 listed Nov 4 for $600K; sold for $600K;
  • 72 Garden St., 1R listed Oct 29 for $700K; reduced Nov 21 to $680K; reduced Jan 10 to $659K; sold for $635K;
  • 506 Garden St., 2 listed Dec 6 for $720K; sold for $700K;
  • 506 Garden St., 3 listed Dec 6 for $735K; sold for $718K;
  • 101 Park Ave., 2B listed Jan 15 for $700K; sold for $751K;
  • 2 Constitution Ct., 809 listed Nov 7 for $820K; reduced Jan 6 to $799K; sold for $788K;
  • 2 Constitution Ct., 1006 listed Nov 3 for $875K; sold for $830K;
  • 163-165 Newark St., 3B listed Feb 5 for $789K; sold for $837K;
  • 99 Park Ave., 3A listed Jan 7 for $869K; sold for $869K;

 

3-Bedroom & Larger Properties

20 Active listings

7 New listings

2 Price changes

9 Multi-Family Active listings

8 Single-Family Active listings

1 DABO

  • 930 Jefferson St., PH2 listed Nov 20 for $1.250M;

3 sold

Posted by Nathan Turoff | Currently No Comments »

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