MONDAY MORNING HOBOKEN CONDO MARKET STATS

Following are statistics of what has sold or went into contract from 11/2/08-11/9/08. Keep your finger on the pulse of the Hoboken condo market.

 

 

 

 

 

 

 

 

ACCEPTED OFFERS:

Hoboken Condo market had 5 total contracts for last week
(Sunday – Sunday).

1 bedroom

2 condos had accepted offers  Click Here to View Listings

Average listing price is $480,000. Average days on market 150

2 bedroom

3 condos had accepted offers Click Here to View Listings

Average listing price is $534,333 and average days on market is 100 days

  

SOLD CONDOS:  

Total of 9 condos closed last week.

1 bedroom:

5 units sold with an average listing price of $383,180 and an average selling price of $374,000 (-2.3% of list price)

Average days on market was 57.  Click Here to View Listings

2 bedroom:

4 units sold with an average listing price of $611,725 and an average selling price of $576,625 (-5.7% of list price)

Average days on market was 93.  Click Here to View Listings

 

As of today there are 540 Hoboken condos listed for sale in our MLS. This amount does not include any properties that are not listed on the MLS such as some new construction and for-sale-by-owners.

 

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