Hoboken Condo Market Weekly Stats

Weekly statistics 8/23/09- 8/30/09

6 condos went into contract.
17 condos closed last week.

As of today, there are a total of 169 Hoboken properties pending to close.  

Here are last weeks deals…

PENDING CONTRACTS

Studio & 1 bedroom
1 accepted offer   
68 days on market.

CONDO-COOP-PENDING

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
924 JEFFERSON ST
Hoboken
800
1
1
68
   
Total Listings
       
Avg.
Avg.
Avg.
1
       
1
68
$389,900

2 bedrooms
4 condos received accepted offers

Average days on market was 91

CONDO-COOP-PENDING

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
807 WASHINGTON ST
Hoboken
885
1
2
18
$399,900
 
121 WILLOW AVE
Hoboken
709
1
2
129
$445,000
 
72 GARDEN ST
Hoboken
1250
2
2
155
$519,000
 
81-87 JACKSON ST
Hoboken
1340
2
2
62
$569,168
 
Total Listings
       
Avg.
Avg.
Avg.
4
       
91
 
$483,267

3-4 bedrooms
1 accepted offer
122 days on market     

CONDO-COOP-PENDING

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
207 2ND ST
Hoboken
1594
2
3
122
$877,000
 
Total Listings
       
Avg.
Avg.
Avg.
1
       
122
 
$877,000

Sold Condos
Studios & 1 bedroom
6 units sold       

CONDO-COOP-SOLD

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
64 2ND ST
Hoboken
452
1
1
67
$290,000
$270,000
551 OBSERVER HIGHWAY
Hoboken
806
1
1
82
$359,000
$335,000
800 JACKSON ST
Hoboken
812
1
1
456
$397,900
$365,000
725 JEFFERSON ST
Hoboken
615
1
1
41
$389,000
$370,000
68 PARK AVE
Hoboken
699
1
1
41
$399,000
$380,000
300 NEWARK ST
Hoboken
855
1
1
12
$399,000
$385,000
Total Listings
   
1
1
Avg.
Avg.
Avg.
6
       
116
$372,316
$350,833

Average list to selling price: -5.77%
2 bedrooms
9 units sold.        

CONDO-COOP-SOLD

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
800 JACKSON ST
Hoboken
1110
2
2
294
$635,900
$270,000
116 MADISON ST
Hoboken
1351
2
2
89
$519,000
$335,000
78 JACKSON ST
Hoboken
1300
2
2
460
$595,000
$365,000
530 MADISON ST
Hoboken
500
2
2
47
$619,000
$370,000
1200 GRAND ST
Hoboken
1121
2
2
23
$629,000
$380,000
328 GARDEN ST
Hoboken
1040
2
2
0
$629,000
$385,000
1425 GARDEN ST
Hoboken
1441
2
2
461
$765,000
$675,000
1025 MAXWELL LANE
Hoboken
1317
2
2
47
$899,000
$825,000
1425 GARDEN ST
Hoboken
1567
2
2
141
$899,000
$855,000
Total Listings
       
Avg.
Avg.
Avg.
9
       
173
$687,766
$633,222

Average list to selling price:  -7.93%
3 – 4 bedrooms
2 closings  

CONDO-COOP-SOLD

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
109 JACKSON ST
Hoboken
1801
2
3
84
$649,00
$652,500
81 ADAMS ST
Hoboken
1570
2
3
85
$769,000
$725,000
Total Listings
       
Avg.
Avg.
Avg.
2
       
84
$709,000
$688,750

Average list to selling price:  -2.85%

Active for sale market
As of today there are 497 Hoboken condos actively listed for sale in our MLS.  It’s nice to see the totalMLS condo inventory below 500 units.  Average asking price is $581,644 and median price is $525,000.  Days on market average is 112 with the median days on market at 83.

You can search the entire Hoboken condo market at http://InvestHoboken.com   then click Browse Hoboken Listings

We welcome any specific questions.  Email us at info@InvestHoboken.com

Value of your home?  http://HobokenMarketValues.com

All of these statistics are compiled from the Hudson County Multiple Listing Service (HCMLS) and do not include properties that are not listed on this MLS such as some new construction and for-sale-by-owners. 

Pending contracts are offers that have cleared the mandatory attorney review process and are now considered a binding contract of sale.

 

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