The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of May 15th, 2013
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Weekly Wednesday Wrap Up
As of May 15th, 2013:
- 258 active Hoboken listings
- 242 Condo & Co-op listings, compared to 229 last week
- 7 Single-family listings, compared to 8 last week
- 9 Multi-family listings, compared to 9 last week
This Week’s Residential Property Sales & Activity:
- 8 DABOs (Deposit Accepted By Owner i.e. under contract) vs 25 last week
- 16 Sold vs. 26 last week
- 41 New listings vs. 52 last week
- 16 Price changes vs. 19 last week
- 0 expired listings vs. 4 last week
1 Bedroom & Studio Properties
17 New listings
8 Price changes
92 Active listings
3 DABOs
- 1015 Grand St., 3E listed May 3 for $369K;
- 901 Willow Ave., 4 listed May 1 for $500K;
- 1200 Grand St., 332 listed April 25 for $525K;
7 Sold
- 916 Park Ave., 17I listed Jan 31 for $340K; sold for $331K;
- 518 Park Ave., 3L listed Feb 4 for $355K; reduced Feb 26 to $339K; sold for $335K;
- 712-714 Willow Ave., 5A listed Mar 12 for $340K; sold for $339K;
- 1500 Hudson St., 3A listed Feb 12 for $450K; sold for $425K;
- 800 Jackson St., 605 listed Mar 7 for $475K; sold for $465K;
- 1125 Maxwell Ln., 1023 listed Feb 22 for $660K; sold for $540K;
- 1125 Maxwell Ln., 923 listed Mar 19 for $698K; sold for $705K;
2 Bedroom Properties
217 New listings
3 Price changes
110 Active listings
3 DABOs
- 1330 Clinton St., 202 listed April 25 for $499K;
- 78 Monroe St., 1 listed April 17 for $589K;
- 818 Jefferson St., 5E listed April 30 for $595K;
- 622 Park Ave., 4A listed Feb 1 for $330K; sold for $325K;
- 1115 Willow Ave., 109 listed Feb 13 for $435K; sold for $435K;
- 700 1st St., 9T listed Feb 5 for $449K; sold for $460K;
- 703 Park Ave., 7 listed Mar 4 for $499K; sold for $485K;
- 317 Monroe St, 3 listed Jan 28 for $535K; sold for $515K;
- 118 Clinton St., 1G listed Feb 24 for $550K; sold for $547K;
3 Bedroom & Bigger Properties
7 New listings
5 Price changes
47 Active listings
9 Multi-Family Active listings
2 DABO’s
- 78-80 Jackson St., 2B listed May 3 for $859K;
- 609 Adams St., listed Feb 2 for $1.050M;
- 700 1st St., 7Q listed Feb 20 for $549K; sold for $545K;
- 809 Bloomfield St. listed July 23 for $899K; sold for $820K;
- 515 Bloomfield St. listed Jan 28 for $900K; sold for $935K;
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The April Hoboken Condo Sales Results – And They’re Off!
Categories: Hoboken Condos
Some Observations On the April Hoboken Condo Sales Results
With the recent Kentucky Derby in my mind, I can’t help but think we’re off to the races, folks. If you’re not the first one in to the good property, be prepared to stick your hand in your pocket, big time.
Yes inventory has doubled but so have sales. There is essentially no more discount off list. You want it, you pay for it. (Bruised apples aside – I always say, when there are no apples in the cart hungry people will buy the bruised one. But the nice, shiny apples are being sold in a flash).
Average days on market hovering around 30 – which is nothing. Average price per square foot is around $550 now. Median sales price is up 25% from a year ago. That’s encouraging many owners to sell but buyers are just snapping up those properties. Number of units that went under contract this month is up over 80% from a year ago. It is a seller’s market for sure.
I can’t get my usual nice chart to publish at the moment so here’s the link:
2013 MONTHLY spreadsheet – Apr’13
If anyone has any doubt about where the market is headed just look at this chart. Then hurry – and get out to see those new listings before someone else does!
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The Hoboken & Downtown JC Open House Google Map for Saturday, May 11th & Sunday, May 12th 2013
Categories: For Buyers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Jersey City Condos, Open House
The Original and Best Open House Google Map!
Courtesy of the Turoff Realty Team
No need to register! No form to fill out!
Just click on the map below to see every Open House in Hoboken this weekend:
Click HERE to see the Downtown Jersey City Open House Map
When you look at the maps, place markers are color coded:
- Studios & 1BRs are red
- 2BRs are green
- 3BRs & Bigger are yellow
- New listings are marked with a Push Pin icon (in the same color scheme.)
Click the “Address”, “Price” “Bed” or “Details” columns to sort the list of open houses in ascending or descending order.
Click on the location marker for:
- open house date
- time
- unit size
- asking price
- link to all the info found on the MLS and more (from ourHobokensBestHomes.com IDX feed.)
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