The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of May 4th
Categories: Weekly Wednesday Wrap Up
The Tax Credit is Gone
This was supposed to be the week of the big explosion of Hoboken condos going under contract. There was a little bump but nothing drastic. Inventory is still over 500. I’ve done a slightly abbreviated version as I’m out of town “on vacation” so I appreciate your indulgence. 
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Hoboken Condos Sales & Activity – Week of May 4th
Here are this weeks numbers vs. a week’s ago numbers:
- 532 active Hoboken condo units today – vs. 556 last week.
- 47 price reductions, vs. 51
- 29 dabo (under contract) vs. 21 NOT a huge jump considering the tax credit expired!
- 25 sold (1 short sale) vs. 23
- 30 new listings vs. 47
- 9 expired listing vs. 4
Studio & 1 Bedroom Hoboken Condos:
9 new listings.
206 total active
12 dabos.
- 80-82 Bloom listed at $409k on Mar 1; reduced to $389.
- 1500 Wash listed at $399k on Feb 17; reduced to $394k; reduced to $375k.
- 450 7th St listed at $415k on Feb 4; reduced to $399k; reduced to 374.5k.
- 60 Mad listed at $304k on Sep 16; reduced to $298.5k.
- 1125 Maxwell listed at $538k on Feb 2; reduced to $525k.
7 sold
- 109 Harrison listed at $419k on Oct 12; reduced to $373k on Oct 30; sold for $373k.
18 price reductions.
Two Bedroom Hoboken Condos:
14 new listings
260 total listings.
- 195 up to $600,000
- 65 $600,000 and over
15 dabo’d.
- 556 1st listed at $378k on Jun 23 (Short Sale); reduced to $349k; reduced to $309k.
- 319 Monroe listed at $615k on Jan 15; reduced to $590k.
- 933 Willow listed at $409k on Mar 18; reduced to $399k.
- 101 Park listed at $730k on Mar 15; reduced to $700k
- 93 Adams listed at $399k on Mar 1; reduced to $385k.
18 sold
- 1100 Clinton listed at $525k on Jan 21; reduced to $510k on Feb 8; sold for $497k.
- 214 Park listed for $449k on Jan 6; reduced to 429k on Feb 23; sold for $415k.
- 1500 Wash listed for $649k on July 23; reduced to 639k on Sep 1; 619k on Oct 27; $609k on Jan 18; sold for $585k.
- 109 Harrison listed for $500k on Oct 12; reduced to $469k on Oct 30; $449k on Jan 15; sold for $434k.
- 712 Willow listed for $$330k on Jan 13 (Short Sale); reduced to $315k on Feb 11; sold for $268k.
- 109 Harrison listed for $900k on Oct 12; reduced to $818k on Oct 30; $759 on Nov 11; sold for $710k.
- 420 Jeff listed for $449k on Oct 22; reduced to $439k on Jan 2; sold for $415k.
20 price reductions.
Three Bedroom and Larger Hoboken Condos:
6 new listings
66 active listings.
2 dabo’d.
- 62 Mad listed for $949k on Aug 8; reduced to $899k.
None sold.
9 price reductions.
Hoboken Condo Open Houses
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