Happy New Year, Hoboken!
Categories: For Buyers, For Sellers, Hoboken Condos
We start the year with an all time low of only 82 condos for sale on the MLS in Hoboken. Of those, only 60 are under a million dollars. That’s just incredible. At the same time, the New York Times just wrote us up as a city where families feel at home. Though the article states there is an abundant supply of brownstones in town, they are very mistaken if they think it’s easy to buy one. Good luck in 2015 fighting the crowd with such low inventory and be prepared for even more multiple offer situations. We will be posting year-end statistics over the next week or so as results are posted.
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The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of December 31st, 2014
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Weekly Wednesday Wrap Up
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As of December 31st, 2014:
- 102 active Hoboken listings
- 82 Condo & Co-op listings, compared to 89 last week
- 8 Single-family listings, compared to 8 last week
- 12 Multi-family listings, compared to 13 last week
This Week’s Residential Property Sales & Activity:
- 6 DABOs (Deposit Accepted By Owner and Under Contract) vs. 6 last week
- 12 Sold vs 25 last week
- 9 New listings vs. 9 last week
- 1 Price change vs. 3 last week
- 1 expired listing vs. 0 last week
Studio & 1-Bedroom Properties
32 Active listings
2 New listings
0 Price changes
3 DABOs
- 215 Clinton St., 2R listed Dec 15 for $399K;
- 1001 Clinton St., 3B listed Dec 12 for $440K;
- 206 Garden St., 1 listed Oct 16 for $550K; reduced Dec 1 to $525K;
3 Sold
- 416 Monroe St., 5 listed Oct 20 for $369K; sold for $363K;
- 117 Bloomfield St., 2A listed Oct 9 for $432K; sold for $433K;
- 736 Garden St., D listed Oct 14 for $437K; sold for $437K;
2-Bedroom Properties
39 Active listings
5 New listings
1 Price change
3 DABOs
- 700 1st St., 15A listed Dec 30 for $595K;
- 224 Hudson St., 3B listed Dec 17 for $685K;
- 2 Constitution Ct., 912 listed Dec 10 for $825K;
- 76 Madison St., 1 listed Oct 6 for $600K; sold for $605K;
- 1200 Grand St., 408 listed Sept 30 for $650K; sold for $655K;
- 228 Bloomfield St., 5&10 listed July 10 for $675K; sold for $657K;
- 1100 Adams St., 509 listed Oct 17 for $825K; sold for $845K;
3-Bedroom & Larger Properties
11 Active listings
2 New listings
0 Price changes
12 Multi-Family Active listings
8 Single-Family Active listings
2 DABOs
- 717-719 Madison St., 2 listed Oct 15 for $1.459M;
- 1425 Garden St., 202 listed Dec 11 for $1.625M;
5 sold
- 230 Madison St., 4 listed Oct 16 for $615K; sold for $610K;
- 65 Jefferson St., 3 listed Jun 19 for $750K; reduced Aug 6 to $735K; sold for $675K;
- 800 Jackson St., 914 listed Oct 21 for $745K; sold for $745K;
- 154 2nd St., listed July 14 for $1.149M; reduced Aug 1 to $1.118M; reduced Sept 19 to $999K; sold for $930K;
- 506 1st St., listed Oct 21 for $1.439M; sold for $1.439M;
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Holiday Greeetings, Hoboken!
Categories: Hoboken Condos
From our family to yours, all our best wishes for a Happy Holiday, whichever you celebrate, and prosperous, safe, healthy, fun-filled 2015!
The Turoff Team – Lori, Howie and our little Devil, Velvet.
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