2011 Jan 26th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of January 26th

Hoboken Condos Sales & Activity – Week of January 26th, 2011

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Hoboken Condo Inventory Levels Hold Steady

Despite the anticipated flood of new listings at the start of the new year, the past few weeks have shown little change in number of units on the market. That’s good news. The snow just keeps piling up, making it difficult for buyers to go out looking at properties. Hey, that is why we have the internet! Speaking of which –

Trulia Sucks!mobile app

Excuse my language but it’s true. Their data feed is outdated and their technical abilities pathetic. Designed for single family houses in the ‘burbs, evidently they can’t discern which unit in a multi-unit condo building is which. They combine new listings with old, get the days on market wrong, mix up agents and agencies and always have properties listed as active which have long been under contract. It takes them 48 hours to let me change a photo or property status. Really? 48 hours in today’s tech world? That is eons.

It makes it very frustrating for buyers when they bring me a listing they found on Trulia only to learn the property is no longer for sale or the price is wrong. Similarly, my sellers don’t appreciate when their brand new listing shows up as 245 days on the market. So what should you do?

While the user interface may not be as pretty, realtor.com is the site affiliated with the National Association of Realtors. The data is good – it comes straight from the MLS. It’s updated every 15 minutes. It’s accurate. Moreover, they have a mobile app that is fantastic. So if you want to look on your own, use realtor.com. I’m not a big fan of the NAR making big profits off its own members (which is exactly what realtor.com is all about) but for you, the consumer, it’s the best site out there.

Here is this week’s condo sales report:

Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21” after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.

Studio & 1 Bedroom Hoboken Condos:

4 new listing

1 Dabo

3 Sold

7 price reductions

134 Total Active 1BRs

Two Bedroom Hoboken Condos:

18 new listings

4 Dabos

8 sold

7 price reductions

189 Total Active 2BRs

Three Bedroom and Larger Hoboken Condos:

1new listing

2 Dabos

None sold.

1 price reduction

37 Total Active 3BRs

Hoboken Condo Open Houses

If you are in the market for a Hoboken condo, our Hoboken Open House Google Map is your best source for locating every open house in Hoboken. It is the single, most complete listing available and we were the first ones to do it. We compile the information by hand from all possible sources to provide you with all the information you need in one spot. It’s posted on Friday every week.

Want to Receive New Listings & Price Reductions Daily?

If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories just email us at [email protected] letting us know which size(s) you would like and we’ll add you to the daily email list.

For more information you can always contact us at 201 993 9500.

Thanks for reading and, as always, we welcome your comments!

Posted by Lori Turoff | Currently 14 Comments »

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