The Hoboken Weekly Wednesday Wrap Up for the Week Ending July 29th
Categories: Hoboken Condos
Week ending July 29th, 2020
If you want to see what’s currently for sale in Hoboken? Just click on the link directly below for all currently active properties. Want to see what’s new this week, look down a bit further for the new listing link with properties sorted by price.
- Active Hoboken listings
- Condo inventory (339 total) has gone over 250 units requiring two links.
- First 250 Condo & Co-op listings
- Remaining Condo listings
- 41 Single-family and Multi-family
This Week’s Residential Property Sales & Activity:
- 16 Pending (Deposit Accepted By Owner and Under Contract)
- 8 sold
- 40 New
- 24 Price changes
Studio & 1-Bedroom Properties
4 Pending.
- 1132 Willow 2R listed 7/26 for $350k.
- 422 Madison 3R listed 7/1 for $425k.
- 551 Observer 6G listed 6/11 for $575k.
- 1500 Hudson 10P listed 3/12 for $649k.
3 Sold
- 307 Monroe #1 listed 4/30 for $370k, sold $370k.
- 72 Park 2C listed 2/7 for $569k, sold $569k.
- 1500 Wash 4H listed 3/25 for $591k, sold $585k.
2-Bedroom Properties
9 Pending.
- 221 Clinton 1R listed 6/16 for $570k.
- 501 Adams 1D listed 7/12 for $625k.
- 700 1st 8A listed 7/10 for $660k.
- 309 2nd #3 listed 6/29 for $669k.
- 551 Observer 11E listed 7/15 for $725k.
- 113 Clinton #3 listed 6/4 for $809k.
- 1120 Clinton 2B listed 7/23 for $825k.
- 827 Bloom 200 listed 7/11 for $825k.
- 402 Jeff #2 listed 6/3 for $875k.
4 Sold
- 109 Jackson 4A listed 5/9 for $790k, sold $755k.
- 110 Bloom #2 listed 6/2 for $800k, sold $806k.
- 1025 Maxwell 309 listed 4/3 for $859k, sold $850k.
- 98 Park 3D listed 5/13 for $1.225mil, sold $1.2mil.
3-Bedroom & larger Properties
3 Pending
- 412 Washington 4B listed 6/30 for $739k.
- 226 Park #3 listed 7/21 for $1mil.
- 826 Hudson #2 listed 6/9 for $1.85mil.
1 Sold
- 94 Adams #1 listed 5/8 for $1.85mil, sold $1.82mil.
The information provided in this private transmission is only for the personal, non-commercial use of you, the consumer. It may not be
reproduced or distributed in any manner. It may not be used for any purpose other than to identify prospective properties you the consumers may be interested in purchasing or renting.
Sales numbers rounded up for convenience. Information is deemed to be reliable but not guaranteed.
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The Hoboken Weekly Wednesday Wrap Up for the Week Ending July 22nd
Categories: Hoboken Condos
Week ending July 22nd, 2020
If you want to see what’s currently for sale in Hoboken? Just click on the link directly below for all currently active properties. Want to see what’s new this week, look down a bit further for the new listing link with properties sorted by price.
- Active Hoboken listings
- Condo inventory (335 total) has gone over 250 units requiring two links.
- First 250 Condo & Co-op listings
- Remaining 85 Condo listings
- 33 Single-family and Multi-family
This Week’s Residential Property Sales & Activity:
- 20 Pending (Deposit Accepted By Owner and Under Contract)
- 12 sold
- 60 New
- 18 Price changes
Studio & 1-Bedroom Properties
6 Pending.
- 931 Park 3L listed 7/3 for $459k.
- 128 Jackson 3C listed 6/17 for $465k.
- 636 5th 306 listed 7/10 for $529k.
- 300 Newark 2E listed 7/8 for $540k.
- 650 2nd 5J listed 6/10 for $559k.
- 1025 Maxwell 909 listed 7/3 for $775k.
2 Sold
- 1500 Wash 4W listed 5/20 for $575k, sold $567k.
- 1200 Grand 423 listed 6/10 for $599k, sold $590k
2-Bedroom Properties
12 Pending.
- 1010 Wash 1R listed 6/23 for $495k.
- 805 Willow 4R listed 7/13 for $550k.
- 901 Garden #4 listed 7/8 for $639k.
- 700 1st 13T listed 7/8 for $639k.
- 700 1st 13T listed 7/8 for $669k.
- 264 5th 3D listed 7/7 for $799k.
- 109 Grand 302 listed 6/10 for $829k.
- 402 Jeff #2 listed 6/10 for $829k.
- 1300 Grand 311 listed 6/29 for $959k.
- 1025 Maxwell 303 listed 7/17 for $975k.
- 308 Bloom #3 listed 6/4 for $1mil.
- 1400 Hudson 433 listed 7/5 for $1.02mil.
- 1500 Wash 5E listed 6/5 for $1.2mil.
7 Sold
- 841 Willow 4L listed 5/13 for $439k, sold $435k.
- 1112 Hudson 3L listed 5/21 for $650k, sold $650k.
- 904 Jeff 2F listed 5/20 for $749k, sold $730k.
- 700 1st 10E listed 4/29 for $779k, sold $772k.
- 727 Garden #1 listed 5/8 for $785k, sold $760k.
- 511 Madison 201 listed 5/19 for $995k, sold $1.069mil.
- 94 Clinton 3B listed 5/18 for $999k, sold $990k.
3-Bedroom & larger Properties
2 Pending.
- 510 Monroe 306 listed 5/29 for $819k.
- 2 Constitution 203 listed 5/28 for $1.6mil.
3 Sold.
- 331 Jeff #1 listed 2/18 for $1.279mil, sold $1.218mil.
- 702 Hudson #2 listed 2/27 for $1.4mil, sold $1.37mil.
- 74 Monroe #8 listed 5/27 for $2.3mil, sold $2.175mil.
The information provided in this private transmission is only for the personal, non-commercial use of you, the consumer. It may not be
reproduced or distributed in any manner. It may not be used for any purpose other than to identify prospective properties you the consumers may be interested in purchasing or renting.
Sales numbers rounded up for convenience. Information is deemed to be reliable but not guaranteed.
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The June Hoboken Condo Sales Results
Categories: Hoboken Condos
The June sales prices are certainly higher than in the past. What worries me is inventory levels. When I first looked at it, I thought I’d made an error but inventory is climbing. Look at the absorption rate. That means it will take 6.7 months to sell the current properties for sale at this past month’s rate of sale. A “normal” market has an absorption rate of about 2 months. What is really strange is the disconnect between rising prices and rising inventory. They usually have worked in opposition to each other.
Here are the numbers:
Here is the three month rolling average of sales prices (Scroll to see the whole chart):
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