The November Hoboken Condo Sales Results – A Very Slight “Sandy” Effect
Categories: Hoboken Condos, Market Analysis, monthly results
We all were curious about how Hurricane Sandy would affect the Hoboken real estate market. It seems that the biggest change last month was that new listings were down but only by 12% compared to last year. That’s no surprise since few sellers are likely to list their place for sale when the streets are filled with guys in hazmat suits and strewn with debris. But if you look at the number of closings, that’s actually up from the same time last year. We’re headed into the holidays which is always the slowest time of the year for Hoboken real estate. It will be interesting to see what happens with the overall economy and the looming “fiscal cliff”.
The overall take away remains the dearth of inventory in Hoboken. There are simply not enough condos for sale. The competitiveness of the market place is fierce. It is often hard for buyers to understand why every property they wish to see is often under contract before they are able to make time for the viewing appointment. Today, the early bird really does catch the worm. That’s not going to change any time soon but I believe it’s a good thing. Demand remains strong and prices are stable.
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The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of December 5th, 2012
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Weekly Wednesday Wrap Up
This Week’s Residential Property Sales & Activity:
144 active Hoboken listings:
- 134 Condo & Co-op listings, compared to 137 last week
- 10 Single- and multi-family listings, compared to 11 last week
- 6 DABOs (Deposit Accepted By Owner i.e. under contract) vs 3 last week
- 23 Sold vs. 4 last week
- 8 New listings vs. 7 last week
- 3 Price changes vs. 0 last week
- 3 expired listings vs. 0 last week
1 Bedroom & Studio Properties
2 New listings
No Price changes
51 Active listings
No DABOs
8 Sold
- 118 Jefferson St., 3L listed Oct 1 for $245K; sold for $235K;
- 222 Madison St., 4L listed Sept 7 for $269K; sold for $271K;
- 606 1st St., 7 listed Jun 13 for $299K; sold for $292K;
- 318 Hudson St., 3R listed Sept 19 for $325K; sold for $325K;
- 1500 Garden St., 2H listed Sept 6 for $415K; sold for $400K;
- 328 Garden St., 1 listed May 25 for $400K; sold for $410K;
- 1500 Washington St., 3S listed July 27 for $495K; sold for $488K;
- 1500 Garden St., 8I listed Aug 22 for $649K; reduced Sept 11 to $629K; sold for $595K;
2 Bedroom Properties
6 New listings
3 Price changes
70 Active listings
4 DABOs
- 716 Hudson St., 6 listed Oct 5 for $529K; reduced Oct 12 to $499K;
- 1500 Washington St., 9A lsited Nov 7 for $639K;
- 1500 Hudson St., 10U listed Sept 20 for $700K;
- 1125 Maxwell Ln., 1024 listed Nov 6 for $899K;
12 Sold
- 133 Madison St., B1/B3 listed Sept 18 for$318K; sold for $318K;
- 323 Jackson St., 402 listed Oct 8 for $379K; sold for $379K;
- 108-112 Monroe St., 3C listed Aug 17 for $529K; sold for $515K;
- 825 Washington St., 1B listed Sept 5 for$499K; sold for $525K;
- 700 1st St., 7E listed Sept 29 for $550K; sold for $537K;
- 700 1st St., PH 16T listed Aug 30 for $569K; sold for $555K;
- 1100 Adams St., 305 listed Sept 24 for $569K; sold for $569K;
- 501 Monroe St., 2 listed Oct 3 for $600K; sold for $585K;
- 400 9th St., W4G listed Sept 12 for $619K; sold for $599K;
- 828 Hudson St., 1 listed Sept 12 for $599K; sold for $610K;
- 60 Jefferson St., B listed Aug 27 for $815K; sold for $795K;
- 1025 Maxwell Ln., 515 listed Oct 15 for $860K; sold for $830K;
3 Bedroom & Bigger Properties
No New listings
No Price changes
17 Active listings
6 Multi-Family Active listings
- 78-80 Jackson St., 2Elisted Nov 12 for $829K;
- 1425 Garden St., 501 listed Oct 24 for $1.295M;
- 204 Newark St., 3 listed Jun 20 for $569K; reduced Aug 16 to $545K; sold for $536K;
- 88-90 Clinton St., 4 listed Sept 5 for $579K; sold for $595K;
- 926 Hudson St., listed Aug 7 for $2.050M; sold for $1.940M;
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The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of November 28th, 2012
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Neighborhoods, Weekly Wednesday Wrap Up
This Week’s Residential Property Sales & Activity:
148 active Hoboken listings:
- 137 Condo & Co-op listings, compared to 138 last week
- 11 Single- and multi-family listings, compared to 11 last week
- 3 DABOs (Deposit Accepted By Owner i.e. under contract) vs 6 last week
- 4 Sold vs. 17 last week
- 7 New listings vs. 17 last week
- No Price changes vs. 2 last week
- No expired listings vs. 1 last week
1 Bedroom & Studio Properties
3 New listings
No Price changes
51 Active listings
2 DABOs
- 402 9th St., E2H listed Nov 9 for $350K;
- 1025 Maxwell Ln., 815 listed Oct 26 for $490K;
1 Sold
- 1500 Washington St., 6Q listed May 1 for $849K; sold for $813K;
2 Bedroom Properties
3 New listings
No Price changes
72 Active listings
1 DABO
- 75 Garden St., 7 listed Oct 19 for $610K;
2 Sold
- 207 14th St., 2R listed Sept 27 for $399K; sold for $392K;
- 700 1st St., 17PP listed Jun 14 for $649K; reduced Sept 25 to $629K; sold for $610K;
3 Bedroom & Bigger Properties
1 New listing
No Price changes
19 Active listings
6 Multi-Family Active listings
- 1009 Bloomfield St., listed Sept 20 for $1.399M; sold for $1.40M;
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