Hoboken Condo Market Weekly Stats
Important update:
An unfortunate request has been made by my MLS, the Hudson County Multiple Listing Service (HCMLS). They are enforcing a “rule” that members are not able to post links to other brokers listings. These are same links that I email to customers who are searching for homes. The only way to provide this information is if a customer asks for it. They feel that providing open information and analysis is somehow detrimental to the other brokers in town. I personally don’t see how providing information to followers of this site hurts anyone. One could easily argue the exact opposite.
Now without getting into the exact boring details of the HCMLS rules, here is my short term solution. I’ll continue to provide the statistics however if you would like the more detailed links to the individual properties, email me your request with “Hoboken Market Info” in the subject field. I’ll send you the report with all the links.
Sorry for the extra step everyone has to take but I’m sure it will make the folks at the HCMLS happy. Life is too short to get upset over little things like this.
In the meantime, I’ll be working with other members on trying to get the HCMLS and the Liberty Board of Realtors on setting rules/regulations that will best help consumers.
Ok, here is last weeks activity.
Weekly statistics 6/21/09- 6/28/09
18 condos went into contract last week, a nice little gain form last weeks report of 13 units
10 condos closed last week. 7 closings the previous report.
As of today, there are a total of 188 Hoboken properties pending to close (179 last week).
Here are last weeks deals…
Firm accepted offers:
Studio & 1 bedroom
4 accepted offers (4 last report) These averaged 97 days on market.
| CONDO-COOP – Pending | |||||||
|
ADDRESS |
Area |
Sq Feet |
Bath |
Beds |
DOM |
LP |
SP |
|
231 GRAND ST |
Hoboken |
670 |
0 |
1 |
65 |
$299,000 |
|
|
706 WILLOW AVE |
Hoboken |
690 |
1 |
1 |
162 |
$320,000 |
|
|
807 CLINTON ST |
Hoboken |
881 |
1 |
1 |
138 |
$399,000 |
|
|
Total Listings |
|
|
|
|
Avg |
Avg |
Avg |
|
4 |
|
|
|
|
97 |
$328,250 |
|
2 bedrooms
13 condos had accepted offers (9 last report)
Average days on market for this group was 82
| CONDO-COOP – Pending | |||||||
|
ADDRESS |
Area |
Sq Feet |
Baths |
Beds |
DOM |
LP |
SP |
|
301 MONROE ST |
Hoboken |
658 |
1 |
2 |
67 |
$308,199 |
|
|
635 6TH ST |
Hoboken |
1130 |
2 |
2 |
26 |
$399,000 |
|
|
336 BLOOMFIELD ST |
Hoboken |
1023 |
1 |
2 |
14 |
$429,000 |
|
|
607 MADISON ST |
Hoboken |
1080 |
1 |
2 |
56 |
$450,000 |
|
|
300 NEWARK ST |
Hoboken |
1500 |
2 |
2 |
15 |
$469,000 |
|
|
1029 GARDEN ST |
Hoboken |
1000 |
2 |
2 |
243 |
$479,000 |
|
|
510 MONROE ST |
Hoboken |
1296 |
2 |
2 |
118 |
$525,000 |
|
|
812 GRAND ST |
Hoboken |
1187 |
2 |
2 |
161 |
$535,000 |
|
|
207 2ND ST |
Hoboken |
1020 |
2 |
2 |
70 |
$567,950 |
|
|
1331 GRAND ST |
Hoboken |
1383 |
2 |
2 |
44 |
$586,888 |
|
|
71 JEFFERSON ST |
Hoboken |
1200 |
2 |
2 |
96 |
$619,000 |
|
|
1200 GRAND ST |
Hoboken |
1121 |
2 |
2 |
23 |
$629,000 |
|
|
1425 GARDEN ST |
Hoboken |
1567 |
2 |
2 |
141 |
$899,000 |
|
|
Total Listings |
|
|
|
|
Avg |
Avg |
Avg |
|
13 |
|
|
|
|
82 |
$530,464 |
|
3-4 bedrooms:
1 accepted offer (0 last report) 85 days on market
| CONDO-COOP – Pending | |||||||
|
ADDRESS |
Area |
Sq Feet |
Baths |
Beds |
DOM |
LP |
SP |
|
81 ADAMS ST |
Hoboken |
1570 |
2 |
3 |
85 |
$769,000 |
|
|
Total Listings |
|
|
|
|
Avg |
Avg |
Avg |
|
1 |
|
|
|
|
85 |
$769,000 |
|
Sold Condos:
Studios & 1 bedroom:
2 units sold (2 last report)
| CONDO-COOP – Sold | |||||||
|
ADDRESS |
Area |
Sq Feet |
Bath |
Beds |
DOM |
LP |
SP |
|
924-926 JEFFERSON ST |
Hoboken |
800 |
1 |
1 |
227 |
$434,900 |
$410,000 |
|
812 GRAND ST |
Hoboken |
873 |
1 |
1 |
244 |
$445,000 |
$425,000 |
|
Total Listings |
|
|
|
|
Avg |
Avg |
Avg |
|
2 |
|
|
|
|
235 |
$439,950 |
$417,500 |
Average list to selling price: -5.10%
2 bedrooms:
8 units sold. (6 last report)
|
CONDO-COOP – Sold |
|||||||
|
ADDRESS |
Area |
Sq Feet |
Baths |
Beds |
DOM |
LP |
SP |
|
920 JEFFERSON ST |
Hoboken |
826 |
1 |
2 |
33 |
$459,900 |
$430,000 |
|
700 1ST ST |
Hoboken |
1144 |
2 |
2 |
46 |
$515,000 |
$478,000 |
|
102 PARK AVE |
Hoboken |
1225 |
2 |
2 |
67 |
$539,000 |
$484,000 |
|
452 2ND ST |
Hoboken |
1342 |
2 |
2 |
88 |
$550,000 |
$525,000 |
|
531 GARDEN ST |
Hoboken |
193 |
2 |
2 |
103 |
$650,000 |
$595,000 |
|
531 GARDEN ST |
Hoboken |
1154 |
2 |
2 |
15 |
$625,000 |
$600,000 |
|
219-221 GRAND ST |
Hoboken |
1295 |
2 |
2 |
67 |
$629,000 |
$600,000 |
|
2 CONSTITUTION CT |
Hoboken |
1464 |
2 |
2 |
114 |
$929,999 |
$915,000 |
|
Total Listings |
|
|
|
|
Avg |
Avg |
Avg |
|
8 |
|
|
|
|
66 |
$612,237 |
$578,375 |
Average list to selling price: -5.53%
3 – 4 bedrooms:
0 closings (0 last report)
Active for sale market:
As of today there are 570 Hoboken condos actively listed for sale in our MLS. A nice decrease from last weeks high of 581 units. Average asking price is $583,756 ($586,453 last week) and median price is $529,900 ($529,000 last week). Days on market average 107 (106 last week).
Search entire Hoboken condo market at http://InvestHoboken.com then click on Browse Hoboken Listings
We welcome your specific questions. Email us at info@InvestHoboken.com
Tags: 1-4 family homes, condos, eddie perez, Hoboken, MLS, real estate
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