The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of October 26th
Categories: Hoboken Condos, Weekly Wednesday Wrap Up
Hoboken Condo Inventory Drops Below 300
This is an interesting time for Hoboken condo sales as activity continues on a steady course but inventory shrinks. The result – multiple offers. I’m seeing them more an more frequently.
This Week’s Condo Sales & Activity versus last week’s:
- 292 active Hoboken condo units – vs. 308 last week
- 16 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 6 dabos last week
- 9 sold vs. 19 sold
- 20 new listings vs. 24
- 16 price changes vs. 13
- 5 expired listings vs. 2
1 Bedroom & Studio Condos
11 new listings
4 price reductions
111 active
3 dabos
- 650 Second St., No. 5BX; listed Sept. 30 for $367K
- 711 Willow St., No. 3F; listed Sept. 19 for $275K
- 1012 Washington St., No. 1; listed Sept. 30 for $367K
5 sold
- 204 Willow Ave., No. 3R; listed on Sept. 22 for $350k; sold for $269k
- 1115 Willow Ave., No. 312; listed on Aug. 25 for $330k; sold for $310k
- 77 River St., No. 21; listed on Aug. 10 for $380k; sold for $365k
- 1500 Washington St., No. 12T; listed on Aug. 3 for $399k; sold for $385k
- 725 Jefferson St., No. 12; listed on May 19 for $349k; Reduced June 14th to 339K, Reduced Sept. 6th to 329K, sold for $310k
2 Bedroom Condos
8 new listings
8 price reductions
150 active
10 Dabos
- 509 Madison St., No. 2C, listed on Oct. 18 for $410K.
- 1105 Washington St., No. 3A, listed on Oct. 11th for $499K
- 1125 Maxwell Lane, No. 648, listed on Oct. 11th for $900K
- 537 Garden St., No. 2, listed on Oct. 7th for $419K
- 800 Jackson St., No. 608, listed on Sept. 13th $581K, reduced Oct. 13th to $570K.
- 509 Madison St.4A, listed on Sept. 13th for $465K, reduced Oct. 18th to $440K.
- 1101 Bloomfield St., Unit A, listed on Sept. 2nd for $1.5mil.
- 1500 Washington St., No. 3F, listed on Aug. 31st for $669K, reduced Sept. 21st to $659K.
- 501 Adams St., No. 5I, listed on July 18th for $494K, reduced Sept,. 26th to $487K.
- 1125 Maxwell Lane No. 1118, listed on June 16th for $899K, reduced Sept. 9th to $890K.
4 sold
- 620 Monroe St., No. 1 listed on June 15 for $560K, sold for $537K
- 815 Washington St., No. 3 listed on April 25th for $588K, reduced on May 16th to $559K, reduced on May 31st to $525K, sold for $510K.
- 700 First St., No. 15T, listed on Feb. 12th for $418K, sold for $408K
- 1425 Garden St., No. 7C/701 listed on Dec. 30 for $1.299mil, reduced April 27th to $1.275mil, sold for $1.215mil.
3 Bedroom & Bigger Condos
2 new listing
3 price reductions
28 active
3 dabos
- 1105 Washington St., No. 3A, listed on Oct. 11th for $499K
- 56 Jefferson St., No. 5B, listed on July 22nd for $1.25mil.
- 620 Monroe St., No. 2, listed on June 20th for $647K, reduced Sept. 21st to $629K.
None Sold
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The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of October 11th
Categories: Weekly Wednesday Wrap Up
Come to a Craft Beer Tasting Dinner & Support the Hoboken Library!
Hoboken’s Novella Night is Saturday, October 15th, and there is still room for participation to support the Hoboken Library.
Our menu:
Abita Purple Haze with prosciutto-wrapped fresh organic figs (from our garden) and melon.
Caldera India Pale Ale from Ashland Oregon with Howie’s famous buffalo wings and deep fried Kosher dill pickles.
Sly Fox Oktoberfest Lager with grilled bratwurst, kraut and grainy dijon.
Leinenkugel’s Red Lager with pulled-pork sliders and Ultramarino’s quinoa salad.
Southern Tier raspberry wheat with guava con queso.
Lakefront Brewery Coffe Flavored Stout with homemade tiramisu.
Click here for more info and to get in on the party before it is too late!
Hoboken Condo Inventory Continues to Shrink
Once again, inventory is almost down to 300 units. The market has been active and while there are price reductions on certain units, the better ones are going for reasonable prices and often with multiple offers. Look at how many of the units that went under contract or sold were only recently listed. I have buyers being outbid on a regular basis. There is simply a shortage of good properties out there.
This Week’s Condo Sales & Activity:
- 308 active Hoboken condo units – vs. 321 last week
- 6 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 10 dabos last week
- 8sold vs. 12 sold
- 15 new listings vs. 24
- 16 price changes vs. 21
- 2 expired listings vs. 14
1 Bedroom & Studio Condos
4 new listings
3 price reductions
121 active
4 dabos
- 1450 Washington #618 listed on Sep 7 for $433k
- 311 Monroe 2R listed on Sep 6 for $235k
- 118 Jeff 4L listed on May 31 for $229k; reduced Sep 9 to $220k
- 1125 Maxwell #550 listed on Apr 29 for $625k; reduced Sep 13 to $609k
2 sold
- 300 1st St #2N listed on Aug 10 for $264k; sold for $245k
- 1125 Maxell #510 listed on Jan 1 for $699k; reduced Feb 23 to $685k; May 5 to $670k; Jun 23 to $640k; sold for $630k.
2 Bedroom Condos
10 new listings
8 price reductions
166 active
2 Dabos
- 416 Monroe 1L listed on Sep 29 for $395k
- 723 Wash #6 listed on Sep 19 for $599k
4 sold
- 501 Adams 1F listed on Sep 14 for $365k; sold for $365k
- 800 Jackson #707 listed on Sep 2 for $536k; sold for $519k
- 1021 Grand PH H listed on Jun 23 for $549k; sold for $562k
- 137 Garden #2 listed on Jun 22 for $548k; reduced Aug 8 to $525k; sold for $496k
3 Bedroom & Bigger Condos
1 new listing
3 price reductions
35 active
no dabos
2 sold
- 1500 Washington #3R listed on Jul 11 for $869k; sold for $858k
- 813 Washington 1R listed on Apr 13 for $710k; reduced May 19 to $689k; Jun 23 to $660k; sold for $645k
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The Weekly Wednesday Wrap-Up – Hoboken Condo Sales and Activity for October 4, 2011
Categories: Hoboken Condos, Weekly Wednesday Wrap Up
Come to a Craft Beer Tasting Dinner & Support the Hoboken Library!
Hoboken’s Novella Night is Saturday, October 15th, and Howie and I are hosts again this year. While the organizers at the library tried to change the event from a dinner to drinks and hor d’oeuvres, we have our own ideas about that. We are going to do a 6-course craft beer tasting and each course will be paired with a special food designed to enhance the particular beer being served. We will feature beers from small and independent producers. It will be informative, fun and supports a great amenity of the Hoboken community. Tickets are still available though space is limited. Just tell them you want to go to Lori & Howie’s house.
This Week’s Condo Sales & Activity:
- 321 active Hoboken condo units – vs. 336 last week
- 10 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 8 dabos last week
- 12 sold vs. 22 sold
- 24 new listings vs. 30
- 21 price changes vs. 20
- 14 expired listings vs. 5
1 Bedroom & Studio Condos
9 new listings
4 price reductions
121 active
4 dabos
- 625 Willow 4L listed on Sep 9 for $319k
- 809 Willow 4R listed on Aug 2 for $320k
- 80 Park 3A listed on Jun 10 for $375k; reduced Aug 1 to $359k; Aug 14 to $349k
- 725 Jeff #12 listed on May 19 for $349; reduced Jun 14 to $339; Sep 6 to $329k
1 sold
- 627 Willow 3E listed on Aug 26 for $269k; sold for $255k
2 Bedroom Condos
11 new listings
12 price reductions
166 active
6 Dabos
- 800 Jackson PH6 listed on Sep 9 for $605k
- 841 Willow 3L listed on Aug 6 for $399k
- 700 1st 7K listed on Aug 30 for $445k; reduced Sep 23 to $430k
- 551 Observer 8B Aug 2 for $375k; reduced Aug 15 to $350k
- 505 Monroe 3A listed on Jul 5 for $460k; reduced Aug 10 to $450k
- 1025 Maxwell 506 listed on May 16 for $1.25mil; reduced Sep 6 by $1 (this is a ploy to get it back on the hot sheet);
9 sold
- 800 Jackson #707 listed on Sep 2 for $536k; sold for $519k
- 264 5th 2E listed on Jul 25 for $775k; sold for $775k
- 604 Grand #1 listed on Jul 17 for $589k; sold for $610k
- 823 Wash #3 listed on Jul 5 for $535k; sold for $513k
- 214 Park 1L listed on un 23 for $420k; sold for $420k
- 913 Willow 3A listed on Jun 15 for $509k; reduced Jul 20 to $489k; sold for $491k
- 108 Jackson 2B listed on Jun 14 for $485k; reduced Jun 28 to $469k; sold for $460k
- 1001 Clinton 5F listed on May 10 for $489k; reduced Jul 5 to $475k; sold for $450k
- 80 Madison #7 listed on May 10 for $340k; sold for $315k
3 Bedroom & Bigger Condos
4 new listings
2 price reductions
35 active
no dabos
2 sold
- 819 Washington #3 listed on Jul 22 for $399k; sold for $399k
- 720 Willow #3 listed on Apr 21 for $824k; reduced Jul 12 to $799k; sold for $770k
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