2016 Apr 9th

The Hoboken & Downtown JC Open House Google Map for Saturday, April 9th & Sunday, April 10th, 2016

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:

hoboken-open-house

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:

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Posted by Nathan Turoff | Currently No Comments »

2016 Apr 8th

The Hoboken Condo Quarterly Sales Results

I have the mother of all spread sheets. Seriously – it goes to column “BO”.  Sixteen years of data. I like tracking the market. I like it because I want to know how my property value has changed. Isn’t that what Zillow purports to do with their inaccurate Zestimates ? You know why they are so inaccurate? Because Zillow pulls data from public sources, like the tax records and then uses a “propriety formula”, a fancy name for an algorithm, to come up with the value of your home. Problem is, the algorithm contains sales of houses and not just condos. So in an urban area like Hoboken, they are especially poor predictors.

As a realtor, I have the advantage of being able to access the MLS and get the actual closed sales data from the MLS. Granted, agents make mistakes in entering the data but its pretty close to correct. I then crunch those real closed sales figures and prepare my quarterly chart.  It’s loaded with great info and for you financial types who like studying spreadsheets and manipulating the numbers, you’d love it.  I’m not going to give it away.  I’ll share it with you if you would kindly do something for me.  Go to Facebook and “like” HobokenRealEstateNews.  I’ll then message you the spread sheet.  Believe me, it’ll be worth it.  You may even enjoy the feed – Howie posts great real estate jokes.

In the meantime – here is a teaser.  I find the visual more compelling than a chart.  The story is so clear.  If you have any inkling of selling your Hoboken condo, now would be a really good time and if you contact me, I’d be so happy to do that for you.  Yes, we are extremely good at what we do.  But that’s another post.  Smart people debate if median matter more than average so I’ll give you both.  Enjoy.

median

 

Avg sale price

 

Posted by Lori Turoff | Currently 8 Comments »

2016 Apr 7th

The MARCH Hoboken Condo Sales Results

We’re seeing a little pull back in March. Remember, these are buyers who were mostly out shopping for properties at the height of the holiday season (December/January). May just be a blip.

Going to move on to the quarterly numbers and post those in a few.

Here are the March numbers.

Posted by Lori Turoff | Currently No Comments »

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