2008 Oct 15th

The Weekly Wednesday Wrap Up - Hoboken Condo Sales & Activity - Week of Oct. 15

The Condo Market Freezes in Hoboken

It’s no surprise given what’s happened in the financial markets that for the first time since we’ve been tracking these numbers there were no Hoboken condo units under contract in any size category.  Understandably, most buyers are taking a “time out” if they can and waiting on the sidelines to see where the market is headed.  Here are this week’s numbers:

Studio & 1 Bedroom Hoboken Condos:

2 sold in an average of 31 days at an average sale price of $344,500
View 1BR SOLD Listings

None under contract this week

174 total active with an average asking price of $485,557 View 1BR ACTIVE Listings

6 new listing with an average list price of $532,116 View 1BR NEW Listings

Two Bedroom Hoboken Condos:

9 sold in an average of 88 days at an average sale price of $502,444 
View 2BR SOLD Listings

None under contract this week

285 total active with an average asking price of $665,741
View 2BR ACTIVE (first group of 150 properties)

View 2BR ACTIVE (rest of properties)

(I can only link to 200 at a time)

14 new listings with an average list price of $709,833 View 2BR NEW Listings

Three Bedroom and Larger Hoboken Condos:

None sold this week

None under contract this week.

54 active 3BR condos for sale with an average asking price of $1,039,383 View 3BR ACTIVE Listings

1 new with an asking price of $1,359,000  View 3BR NEW Listings

Compare to last week:  Week Of OCT. 8 

PRICE CHANGES ON HOBOKEN CONDOS FOR SALE

37 listings with price changes on Hoboken condos for the past 7 days:  View PRICE CHANGES 

Posted by Lori Turoff | Currently No Comments »

2008 Oct 8th

The Weekly Wednesday Wrap Up - Hoboken Condo Sales & Activity - Week of Oct. 8

Studio & 1 Bedroom Hoboken Condos:

9 sold in 89 days at a sale price of $398,088
View 1BR SOLD Listings

1 under contract this week in an average of 31 days View 1BR DABOs

172 total active with an average asking price of $484,974 View 1BR ACTIVE Listings

18 new listing with an average list price of $451,816 View 1BR NEW Listings

Two Bedroom Hoboken Condos:

9 sold in an average of 96 days at an average sale price of $644,183
View 2BR SOLD Listings

2 under contract this week in an average of 68 days View 2BR DABO Listings

285 total active with an average asking price of $667,613
View 2BR ACTIVE (first group of 150 properties)

View 2BR ACTIVE (rest of properties)

(I can only link a maximum of 200 at a time)

16 new listings with an average list price of $626,645 View 2BR NEW Listings

Three Bedroom and Larger Hoboken Condos:

1 sold this week in 413 days at $1,363,978 View 3BR SOLD Listings

None under contract this week.

57 active 3BR condos for sale with an average asking price of $1,022,235 View 3BR ACTIVE Listings

1 new with an average asking price of $720,000  View 3BR NEW Listings

Compare to last week: Week Of Sept. 30

PRICE CHANGES ON HOBOKEN CONDOS FOR SALE

42 listings with price changes on Hoboken condos for the past 7 days:  View PRICE CHANGES 

Posted by Lori Turoff | Currently 6 Comments »

2008 Oct 1st

The Weekly Wednesday Wrap Up - Hoboken Condo Sales & Activity - Week of Oct. 1

Studio & 1 Bedroom Hoboken Condos:

4 sold in an average of 30 days at an average sale price of $386,625
View 1BR SOLD Listings

3 under contract this week in an average of 102 days View 1BR DABOs

151 total active with an average asking price of $488,594 View 1BR ACTIVE Listings

6 new listing with an average list price of $446,333 View 1BR NEW Listings

Two Bedroom Hoboken Condos:

11 sold in an average of 79 days at an average sale price of $629,931 
View 2BR SOLD Listings

3 under contract this week in an average of 100 days View 2BR DABO Listings

272 total active with an average asking price of $677,532 
View 2BR ACTIVE (first group of 199 properties)

View 2BR ACTIVE Over 1Mil (rest of properties)

(I can only link to 200 at a time)

17 new listings with an average list price of $628,727 View 2BR NEW Listings

Three Bedroom and Larger Hoboken Condos:

1 sold this week in 112 days for $999,999   View 3BR SOLD Listings

None under contract this week.

57 active 3BR condos for sale with an average asking price of $1,029,165 View 3BR ACTIVE Listings

2 new with an average asking price of $632,000  View 3BR NEW Listings

Compare to last week:  Week Of Sept. 23

PRICE CHANGES ON HOBOKEN CONDOS FOR SALE

51 listings with price changes on Hoboken condos for the past 7 days:  View PRICE CHANGES 

QUARTERLY STATISTICS

Yesterday marked the end of the 3rd quarter of 2008.  I will compile quarterly stats and post them as soon as possible. 

I’m going to wait a bit for two reasons - first off, I’m going on vacation tomorrow for two weeks.  I’ll try to post while I’m away but may have limited internet access.  My assistant will post the Hoboken Open House google map & Wednesday Wrap Up.  I’ll be back on the 15th.

Secondly, some of the transactions don’t get recorded in a timely manner.  Waiting a little allows for more accurate numbers.

Posted by Lori Turoff | Currently No Comments »

2008 Sep 24th

The Weekly Wednesday Wrap-Up: Hoboken Condo Sales & Inventory for the Week Ending 9/24

Studio & 1 Bedroom Hoboken Condos:

3 sold in an average of 49 days at an average sale price of $$354,133
Click to View SOLD 1BR Listings

1under contract this week in 297 days Click to View DABO 1 BR Listings

155 total active with an average asking price of $492,907 Click to View ACTIVE 1BR Listings

13 new listing with an average list price of $566,684 Click to View NEW 1BR Listings

Two Bedroom Hoboken Condos:

3 sold in an average of 57 days at an average sale price of $464,666 Click to View Sold 2BR Listings

3 under contract this week in an average of 120 days -
Click to View DABO 2BR Listings

264 total active with an average asking price of $679,252 Clickto View Active 2BR Listings Under $1mil Click to View Active 2BR $1Mil + Listings

17 new listings with an average list price of $637,805 Click to View NEW 2BR Listings

Three Bedroom and Larger Hoboken Condos:

None sold this week

None under contract this week

54 active 3BR condos for sale with an average asking price of $1,053,395
Click to View ACTIVE 3BR Listings

6 new with an average asking price of $819,800 Click to View NEW 3BR Listings

Compare to last week: Week Ending Sept. 15

PRICE CHANGES ON HOBOKEN CONDOS FOR SALE

Price changes on Hoboken condos for the past 7 days: Click to View This Week’s PRICE REDUCTIONS

REMEMBER - THE FRIDAY HOBOKEN OPEN HOUSE GOOGLE MAP

Again this Friday we will post a googlemap that is Hoboken’s only source for ALL weekend Hoboken open houses in a single site. No more going to craigslist, the Reporter, flyers, windows, ads. We’ve done it for you and put it together in a way that makes sense - BY LOCATION! Just click on the blue location bubble for each property and get the address, price, open house time and a link to the listing. Sorry, only MLS listed Hoboken condos are included. Here is what it looks like - but this is LAST WEEK’s googlemap.

Posted by Lori Turoff | Currently No Comments »

2008 Sep 17th

The Weekly Wednesday Wrap-Up: Hoboken Condo Sales & Inventory for the Week Ending September 16th

Studio & 1 Bedroom Hoboken Condos:

6 sold in an average of 70 days at an average sale price of $345,416 - Click to View SOLD Listings

4 under contract this week in an average of 85 days - Click to View DABO Listings

147 total active with an average asking price of $483,227 - Click to View ACTIVE Listings

7 new listing with an average list price of $565,128 - Click to View NEW Listings

Two Bedroom Hoboken Condos:

4 sold in an average of 52 days at an average sale price of $511,250 - Click to View SOLD Listings

3 under contract this week in an average of 91 days - Click to View DABO Listing

256 total active with an average asking price of $680,624 - Click to View ACTIVE Listings

22 new listings with an average list price of $576,973 Click to View NEW Listings

Three Bedroom and Larger Hoboken Condos:

0 sold this week

0 under contract this week

49 total active 3BR condos for sale with an average asking price of $1,084,664 - Click to View ACTIVE Listings

4 new with an average asking price of $858,725 - Click to View NEW Listings

PRICE CHANGES ON HOBOKEN CONDOS FOR SALE

Price changes on Hoboken condos for the past 7 days: Click to View PRICE CHANGES on Listings

Compare all data to Last Week

Coming On Friday - The Hoboken Open House Directory

Hobokenrealestatenews.com will be the first site to provide a simple, single place to see all Hoboken open houses for the weekend. Starting on Friday and every Friday we will post a google-map driven directory of the weekend’s open houses. You will no longer have to search 17 different websites and newspapers to see who is having an open house and where. Click on the property location bubble on the map for the size of the unit, the price and the day and time of the open house. PLUS - get a link right to the property listing with detailed information. Weekends are too valuable to waste time figuring out where an open house is being held or seeing properties that don’t interest you! (Every effort will be made to be complete and accurate but we can’t guarantee against unannounced last minute changes or cancellations.) We hope you will like it.

Posted by Lori Turoff | Currently 2 Comments »

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