2009 Apr 8th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Market Activity for the Week Ending April 7th

Research, analysis & post by Lori Turoff

Last weeks’ Weekly Wednesday Wrap-Up resulted in a great discussion in the comments on the current state of the market and where you all think it is headed.  Your thoughts, views and contributions make this so much more valuable to us all.

This week also had many price reductions before things got sold or went under contract.  I can’t help but wonder if the owner of the unit originally listed at $454,900 wouldn’t have done better than $405,000 had they initially listed it for less.

If you’d like to see the quarterly sales result numbers from 2000 to date send me an email ([email protected])  with words  “Quarterly Hoboken Figures” in the subject and I’ll invite you to view the googledoc spreadsheet.  Happy Passover, happy Easter, happy Spring and happy, happy, happy Opening Day – now if only we had some warm weather!

The Hoboken Condo Weekly Numbers

Studio & 1 Bedroom Hoboken Condos:

197  total active – $431,923 average asking price. 85 average DOM.

3 dabos after 119 DOM.

5 sold –  $379,000 sales price.  101  DOM.

8 new listings – average list price $514,374.

15 price reductions.

Two Bedroom Hoboken Condos:

279 total active – average asking price $643,673. 114 DOM so far.

4 dabo’d.  111 DOM

1 sold – $582,500 sales price. 25 DOM.

15  new listings – average list price $556,451.

12 price reductions.

Three Bedroom and Larger Hoboken Condos:

57 active 3BR condos – average asking price $980,639.   138 DOM so far.

None under contract.

None sold.

2  price reductions

4 new listings average list price $922,500.

Hoboken Condo Open Houses

If you are in the market for a Hoboken condo, our once again improved Hoboken Open House Google Map is your single best source for info on every open house in Hoboken. It’s posted on Friday every week. The info is updated weekly. If your google search seems to pull up an older version, click on the title link to get the most current map.

 

Thanks!

Posted by Lori Turoff | Currently 21 Comments »

2008 Jul 30th

The Weekly Wednesday Wrap-Up – Hoboken Condos For Sale, Under Contract & Sold

Studio & 1 Bedroom Condos:

12 units sold for an average sale price of $391,895Click Here to View Sold Listings

71 units under contract –   Click Here to View Dabo Listings

8 new listings –  Click Here to View New Listings

Two Bedroom Condos:

10 units sold for an average sale price of $526,100

Click Here to View Sold Listings

111 units under contract – Click Here to View Dabo Listings

14 new listings –  Click Here to View New Listings

Three Bedroom and Larger Condos:

none sold

12 under contract – Click Here to View Dabo Listings

no new listings

Posted by Lori Turoff | Currently 5 Comments »

2008 Mar 5th

The Wednesday Weekly Wrap Up – Hoboken Condos and Homes Sales Activity

Brownstone LivingBrownstone LivingHoboken Real Estate – As Of Wednesday, March 5th:Brownstone Living

Studio & One Bedroom Condos:

Total Active: 137 Under Contract (Dabo’d): 58

Sold (Deals Closed) This Week: 5 Average Sold Price: $425,199

New Listings This Week: 19

Two Bedroom Condos:

Total Active: 210 Under Contract: 92

Sold: 10 Average Sold Price: $573,250

New Listings: 18

Three Bedroom Condos or Bigger

Total Active: 42 Under Contract: 9

Sold: 4 Average Sold Price: $693,750

New Listings: 3

One Family Houses

Total Active: 7 Under Contract: 4

Sold: 0

New Listings: 0

2 – 4 Family Houses

Total Active: 15 Under Contract: 10

Sold: 0

New Listings: 0

Remember – these figures represent only properties listed and sold on the Hudson County multiple listing service. They do NOT include new construction sold directly by developers such as Toll Brothers.

Compare to last weeks activity and inventory.

Posted by Lori Turoff | Currently 2 Comments »

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