Hoboken Condo Weekly Market Stats

Weekly statistics 12/6/09- 12/13/09

9 condos went into contract.

11 condos closed last week.

As of today, there are a total of 136 Hoboken properties pending to close.

Here are last weeks deals…

Firm accepted offers:

Studio & 1 bedroom

1 accepted offer – 90 days on market.

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
123 Willow St.
Hoboken
648
1
1
90
   
Total Listings
       
Avg.
Avg.
Avg.
1
         
90
$349,900

2 bedrooms 

5 condos had an accepted offers – Average days on market was 101

CONDO-COOP-PENDING

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
109 Harrison St.
Hoboken
1050
1
2
59
$456,000
 
135 Garden St.
Hoboken
850
1
2
112
$404,997
 
1425 Garden St.
Hoboken
1493
2
2
107
$719,000
 
109 Harrison St.
Hoboken
1787
2
2
58
$759,000
 
325 Adams
 Hoboken  1300  2  2
170
$519,000
 
Total Listings
5
       
Avg.
101
Avg.
$571,599
Avg.
 

3-4 bedrooms:

3 accepted offers – These averaged 73 days on market     

CONDO-COOP-PENDING

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
506 Observer Highway
Hoboken
2054
2
3
32
$849,000
 
1025 Maxwell Lane
Hoboken
1865
2
4
314
$1,178,000
 
516 Grand St.
Hoboken
2775
3
3
35
$1,249,000
 
Total Listings
   
1
1
Avg.
Avg.
Avg.
3
       
73
$1,092,000
 
Sold Condos:  

Studios & 1 bedroom:

6 units sold

Average DOM: 141 – Average list to selling price: -5.35%

CONDO-COOP-SOLD

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
233 Bloomfield St.
Hoboken
430
1
1
47
$273,000
$259,000
422 Bloomfield St.
Hoboken
612
1
1
56
$324,900
$300,000
218 Willow St.
Hoboken
654
1
1
40
$339,900
$322,500
422 Bloomfield St.
Hoboken
545
1
1
60
$339,900
$325,000
501 9th Street
Hoboken
792
1
1
82
$465,000
$460,000
1425 Garden Street
Hoboken
1141
1
1
566
$625,500
$575,000
Total Listings
       
Avg.
Avg.
Avg.
6
       
141
$394,700
$373,583

2 bedrooms: 

4 units sold.     

Average DOM: 72 – Average list to selling price:  -2.14%

CONDO-COOP-SOLD

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
405 Bloomfield St.
Hoboken
1051
2
2
97
$529,000
$499,000
1300 Grand St.
Hoboken
1000
2
2
29
$539,000
$530,000
78 Jackson St.
Hoboken
1506
2
2
123
$599,000
$624,000
600 Hudson St.
Hoboken
1375
2
2
41
$799,000
$760,000
Total Listings
       
Avg.
Avg.
Avg.
4
       
173
$616,500
$603,250

3 – 4 bedrooms: 

1 closing – DOM: 105

List to sales price: -2.11%

CONDO-COOP-SOLD

Address
Area
Sq Feet
Baths
Beds
DOM
LP
SP
78 Jackson St.
Hoboken
2011
3
3
105
$899,000
$880,000
Total Listings
       
Avg.
Avg.
Avg.
1
       
105
$899,000
$880,000

Average list to selling price:  -2.85%

Active for sale market: 

As of today there are 470 Hoboken condos actively listed for sale in our MLS.  Average asking price is $554,061 and median price is $494,500.  Days on market average is 102. You can search the entire Hoboken condo market at http://InvestHoboken.com   then click Browse Hoboken Listings

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

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