Hoboken condo real estate market sales for May 2008 - 06/23/08 11:54 AM
The Hoboken real estate market is still active as evidenced by the following statistics that I pulled up from the Hudson County Multiple Listing service, the MLS that we REALTORS primarily use for Hoboken.
The total unit sales were 76 condos with the average days on market at 56 and the average closing price of $491,225.
This does not include any non-MLS listed new construction or resale properties.
I'll have the 1st half 2008 condo statistics for you in early July.
In the report below, DOM stands for Days On Market, LP is List Price and SP is Selling Price.
 
CMA Summary Report
 
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Why do we get up in the morning to work in the Hoboken real estate market? - 06/19/08 12:38 PM
So much bad news!
 We've all heard the headlines. "Inflation roars its ugly head"; "Worst economy since the Great Depression!"; "Foreclosures hit an all time high!"  It's amazing how we get up in the morning to go to work!
 Here's my take on this.
 "High oil prices perfectly positioned Hoboken for continued success!"  I like that headline!
There have been recent trends of people opting to stay close to employment and entertainment centers and the high cost of oil will continue to "fuel" this demand.
 Hoboken's prime location positions it perfectly to take advantage of this trend and should help keep … (2 comments)

 
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Eddie Perez - Hoboken Condo Living

Hoboken, NJ

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RE/MAX Gold Coast Realty

Address: 56 Newark St, Hoboken, NJ, 07030

Office Phone: (201) 795-5200 x 423

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Market news,stats, new listings, price reductions and lots of other useful info about condos and other real estate in Hoboken, NJ.

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