The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of July 30th, 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 July 30th, 2014:
- 185 active Hoboken listings
- 173 Condo & Co-op listings, compared to 190 last week
- 4 Single-family listings, compared to 3 last week
- 8 Multi-family listings, compared to 10 last week
This Week’s Residential Property Sales & Activity:
- 18 DABOs (Deposit Accepted By Owner and Under Contract) vs. 9 last week
- 18 Sold vs 23 last week
- 15 New listings vs. 23 last week
- 8 Price changes vs. 11 last week
- 1 expired listing vs. 0 last week
Studio & 1-Bedroom Properties
86 Active listings
4 New listings
3 Price changes
7 DABOs
- 1315 Washington St., 3C listed June 21 for $339K;
- 406 4th St., 1 listed June 10 for $350K;
- 232 Park Ave., 5N listed May 12 for $375K; reduced July 11 to $364K;
- 123 Willow Ave., 4 listed June 1 for $415K; reduced June 27 to $399K;
- 1200 Grand St., 423 listed July 18 for $485K;
- 1500 Washington St., 2G listed May 9 for $500K;
- 812 Grand St., 508 lsited April 30 for $500K;
7 Sold
- 708 Willow Ave., 5D listed Feb 20 for $280K; sold for $270K;
- 1021 Grand St., 2C listed April 22 for $425K; sold for $415K;
- 1314 Hudson St., 2 listed May 20 for $425K; sold for $418K;
- 228 Bloomfield St., 7 listed April 21 for $439K; sold for $443K;
- 300 Newark St., 2K listed May 13 for $459K; sold for $463K;
- 1500 Garden St., 9H listed April 9 for $550K; reduced April 23 to $525K; reduced May 6 to $515K; reduced May 16 to $499K; sold for $495K;
- 1300 Grand St., 414 listed June 13 for $550K; sold for $540K;
2-Bedroom Properties
67 Active listings
3 New listings
4 Price changes
11 DABOs
- 550 1st St., 2 listed July 7 to $369K;
- 1112 Park Ave., 2L listed June 3 for $475K;
- 1110 Clinton St., 4 listed June 24 for $500K; reduced July 9 to $485K; reduced July 22 to $475K;
- 717 Willow Ave., 1 listed June 25 for $485K;
- 1110 Clinton St., 6 listed July 9 for $499K;
- 812 Bloomfield St., 1 listed May 5 for $549K; reduced July 15 to $535K;
- 704 Clinton St., 4B listed June 26 for $625K;
- 612-614 Adams St., 1 listed July 16 for $659K;
- 509 Garden St., 1 listed July 14 for $679K;
- 1500 Washington St., 5B listed June 5 for $825K; reduced July 14 to $795K;
- 1500 Washington St., 5E listed July 19 for $975K;
- 211 14th St., 4R listed May 14 for $399K; sold for $399K;
- 551 Observer Hghwy., 10D listed Mar 12 for $589K; reduced April 16 to $569K; sold for $554K;
- 416 Grand St., 2B listed April 24 for $590K; sold for $590K;
- 114 Adams St., 1 listed May 14 for $579K; sold for $615K;
- 501 9th St., 514 listed May 27 for $639K; sold for $645K;
- 601 Observer Hghwy., 404 listed April 28 for $639K; sold for $660K;
- 700 1st St., 12 E listed June 4 for $685K; sold for $688K;
- 112 Adams St., 2 listed May 22 for $670K; sold for $721K;
3-Bedroom & Larger Properties
20 Active listings
4 New listings
1 Price change
8 Multi-Family Active listings
4 Single-Family Active listings
0 DABOs
3 sold
- 634 Jefferson St., 16A, listed Mar 11 for $825K; sold for $790K;
- 313 Grand St., 2 listed April 30 for $845K; sold for $840K;
- 1105 Garden St., listed May 8 for $1.350M; sold for $1.350M;
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The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of July 23rd, 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 July 23rd, 2014:
- 204 active Hoboken listings
- 192 Condo & Co-op listings, compared to 190 last week
- 3 Single-family listings, compared to 3 last week
- 9 Multi-family listings, compared to 10 last week
This Week’s Residential Property Sales & Activity:
- 9 DABOs (Deposit Accepted By Owner and Under Contract) vs. 24 last week
- 23 Sold vs 31 last week
- 23 New listings vs. 26 ast week
- 11 Price changes vs. 14 last week
- 0 expired listings vs. 0 last week
Studio & 1-Bedroom Properties
98 Active listings
7 New listings
4 Price changes
3 DABOs
- 1106 Washington St., 2S listed July 9 for $349K;
- 322 Garden St., 1 listed June 24 for $365K;
- 68 Park Ave., 7 listed July 3 for $399K;
8 Sold
- 211 Adams St., 5 listed Mar 27 for $290K; sold for $280K;
- 309 Monroe St., 7 listed Feb 28 for $310K; reduced Mar 11 to $300K; reduced May 2 to $291K; sold for $289K;
- 1016 Willow Ave., 1B listed April 25 for $299K; sold for $291K;
- 63 Jefferson St., 6 listed Mar 13 for $350K; reduced April 24 to $335K; sold for $310K;
- 420 Jefferson St., 3D listed May 22 for $379K; sold for $380K;
- 812 Grand St., 209 listed May 2 for $435K; sold for $435K;
- 1500 Washington St., 3H listed April 2 for $510K; sold for $500K;
- 930 Jefferson St,. 5B listed Nov 20 for $545K; sold for $545K;
2-Bedroom Properties
72 Active listings
12 New listings
6 Price changes
4 DABOs
- 627 Madison St., B listed June 25 for $489K;
- 223 Clinton St., 3 listed July 9 for $645K;
- 1300 Grand St., 606 listed July 2 for $675K;
- 2 Constitution Ct., 606 listed June 11 for $869K;
- 224-226 Willow Ave., 9 listed April 21 for $560K; sold for $530K;
- 213 14th St., 1F listed April 1 for $649K; reduced April 15 to $629K; reduced April 28 to $599K; sold for $570K;
- 621 Monroe St., 4B listed April 15 for $559K; sold for $575K;
- 300 Newark St., 7F listed May 9 for $579K; sold for $605K;
- 700 1st St., 9E listed May 8 for $625K; sold for $641K;
- 930 Jefferson St., 5C listed Nov 20 for $775K; sold for $788K;
- 2 Constitution Ct., 309 listed Mar 14 for $809K; sold for $809K;
- 600 Hudson St, 5A listed May 15 for $799K; sold for $815K;
- 218 8th St., listed April 11 for $875K; sold for $825K;
- 1100 Maxwell Ln., 213 listed Nov 1 for $895K; sold for $879K;
- 1500 Hudson St., 8U listed May 7 for $935K; sold for $930K;
- 1125 Maxwell Ln., 900 listed Mar 3 for $2.60M; sold for $2.545M;
3-Bedroom & Larger Properties
22 Active listings
4 New listings
1 Price change
19 Multi-Family Active listings
3 Single-Family Active listings
2 DABOs
- 212 Jackson St., 1 listed July 3 for $600K;
- 1125 Maxwell Ln., 612 listed June 26 for $1.699M;
3 sold
- 215 Monroe St., 4 listed May 16 for $740K; sold for $730K;
- 904 Jefferson St., 3K listed April 18 for $975K; sold for $945K;
- 1100 Maxwell Ln., 401 listed Aug 5 for $1.650M; sold for $1.625M;
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The June Hoboken Condo Sales Results
Categories: For Buyers, Hoboken Condos, Market Analysis, monthly results
After 6 1/2 years of love and devotion to my MacBook, the time finally came. It simply refused to turn on. Over the July 4 holiday I spent an inordinate amount of time deciding what to buy as a replacement. It took a little longer than I would have liked and I was basically working from my phone in the meantime but I’m now sitting before a shiny new 15″ top-of-the-line, MacBook Pro and I’m back in business. The really big iMac arrives tomorrow. Thanks for your patience. I couldn’t crunch numbers and update spreadsheets for a few weeks. But here it is – the June results:
Sales remained strong in June. Here are a few of the highlights:
- Prices are almost even this month over the month of June a year ago.
- Days on market keeps getting shorter, on average.
- Inventory is still extremely low. It’s like Filene’s Basement in the old days.
- Getting a 2-bedroom condo for under $500,000 is very unlikely.
- Getting a 3-bedroom condo for under a million is very unlikely.
- There is no sign that this is going to change any time soon
- You’d better have a great realtor (one who can communicate, negotiate and truly represent your interest) if you hope to by a condo in Hoboken.
- Give me a call if you’d like to set up a private consultation. My cell is 201 993 9500.
Here are the June numbers:
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