2016 Sep 9th

The August Hoboken Condo Sales Results

For the first time in a very long time, sales prices are slightly down compared to a year ago. Maybe things are leveling off a tiny bit. But the problem is that inventory still remains very low and new listings are way down. I would not expect to see much of a drop in prices as long as inventory is so constrained.

Here are the numbers:

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Posted by Lori Turoff | Currently 2 Comments »

2016 Sep 7th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of September 7th, 2016

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As of September 7, 2016:

  • 140 active Hoboken listings
  • 112 Condo & Co-op listings, compared to 109 last week
  • 15 Single-family listings, compared to 13 last week
  • 13 Multi-family listings, compared to 11 last week

This Week’s Residential Property Sales & Activity:

  • 12 DABOs (Deposit Accepted By Owner and Under Contract) vs 16 last week
  • 15 Sold vs 14 last week
  • 28 New listings vs. 12 last week
  • 3 Price changes vs. 2 last week
  • 1 expired listing vs. 0 last week

Studio & 1-Bedroom Properties

25 Active listings

4 New listings

0 Price changes

3 DABOs

  • 831 Clinton St., 16 listed Aug 11 for $375K;
  • 400 Madison St., 3 listed Aug 26 for $380K;
  • 1115 Willow Ave., 4 listed Aug 4 for $475K;

7 Sold

  • 160 2nd St., 1 listed Jun 9 for $375K; sold for $347K;
  • 601 Monroe St., 4C listed Jun 20 for $379K; sold for $379K;
  • 831 Clinton St., 4 listed Jun 17 for $399K; sold for $399K;
  • 1204 Washington St., 4N listed Jun 9 for $459K; sold for $464K;
  • 80 Park Ave., 3B listed May 26 for $475K; sold for $485K;
  • 636 5th St., 205 listed May 31 for $470K; sold for $495K;
  • 1025 Maxwell Ln., 310 listed Aug 1 for $885K; increased Aug 5 to $999K; sold for $999K;

2-Bedroom Properties

58 Active listings

17 New listings

2 Price changes

7 DABOs

  • 531 Jefferson St., 2 listed July 5 for $679K;
  • 117 Bloomfield St., 1A listed July 27 for $680K;
  • 77 Jefferson St., 3 listed Aug 26 for $709K;
  • 501 9th St., 614 listed Aug 20 for $735K;
  • 800 Jackson St., 909 listed July 27 for $750K;
  • 2 Constitution Ct., 309 listed May 11 for $935K; reduced Jun 9 to $889K;
  • 1100 Maxwell Ln., 427 listed Jun 24 for $1.475M; reduced Aug 12 to $1.398M;
3 Sold
  • 1030 Hudson St., 4 listed May 18 for $750K; sold for $740K;
  • 1500 Hudson St., 9H listed May 3 for $1.325M; sold for $1.375M;
  • 1100 Maxwell Ln., 908 listed April 20 for $1.549M; sold for $1.50M;

3-Bedroom & Larger Properties

29 Active listings

7 New listings

1 Price change

13 Multi-Family Active listings

15 Single-Family Active listings

2 DABOs

  • 812 Grand St., 510 listed Aug 11 for $975K;
  • 1125 Maxwell Ln., TH4 listed Jul 1 for $2.595M;

25 Sold

Posted by Nathan Turoff | Currently No Comments »

2016 Sep 2nd

Happy Labor Day, 2016!

labor day

 

There will be no open house map this weekend–enjoy the holiday!

Posted by Nathan Turoff | Currently No Comments »

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