mls: April 2010 Hoboken condo sales statistics - 05/15/10 03:49 AM
By Eddie Perez, Broker - REALTOR   Here are the final Hoboken condominium sales figures for April 2010 compiled using the Hudson County Multiple Listing Service.   No fooling around this April as Hoboken's overall condo market showed positive results in all sales categories compared with those of April of 2009.  Total property sales, contracts signed, total dollar volume and both median and average sales prices increased on a year-over-year basis.     The largest gain was in total contracts signed with a 105% increase.   Sparking these gains were buyers seeking to take advantage of the pending expiration of the federal home … (0 comments)

mls: December 2009 Hoboken Condo Sales Statistics - 01/07/10 10:07 AM
Here are the final sales figures for December 2009 compiled using the Hudson County Multiple Listing Service.
Sales volume for Hoboken condominiums were way up but average and median prices were both down, according to year over year data for the month of December.
The number of closed sales exploded 127%. There were 66 closed units in December ‘09 vs. 29 units same month in ‘08. While an impressive gain, these numbers are going up against extremely weak sales figures from last years financial market meltdown.
The average sale price was $495,089 in December 2009, down 7.3% from $534,183 in December … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 09/01/09 04:21 PM

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 bedroom1 accepted offer   68 days on market.
  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 … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 06/30/09 01:44 AM
 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 … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 06/22/09 11:45 PM

Back to a typical week for closings and pending contracts.  
Weekly statistics 6/14/09- 6/21/09
13 condos went into contract last week, down from last weeks report of  20 units
7 condos closed last week. 7 closings the previous report.
As of today, there are a total of 179 Hoboken properties pending to close (178 last week).  
Here are last weeks deals…
Firm accepted offers:
Studio & 1 bedroom
4 accepted offers (7 last report)
These averaged 71 days on market.
2 bedrooms
9 condos had accepted offers  (12 last report)
Average days on market for this group was 137.
(0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 06/19/09 01:32 PM

Browse to see if the perfect place for you is here!
28 new condo listings (26 last week).  There were not any new 1-4 Family homes listed last week.
48 total price reductions:
46 condo price reductions (26 last week)
(2) 1-4 family homes  (5 last week)
Studio condo
0 new listings  (0 last week)    
0 price reduction.  (0 last week)       
1 bedroom condo
3 new listings starting at $279,000  (12 last week)
13 price reductions  (6 last week)  
2 bedroom condo
18 new listings starting at $359,000 (21 last week). 
28 price reductions … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 06/17/09 04:57 AM

I mentioned last week that my office seemed to be getting busier but we would have to wait and see if the activity would translate into actually accepted offers.  The results are in and we had a noticeable gain in firm accepted offers.
Weekly statistics 6/07/09- 6/14/09
20 condos went into contract last week, up from the 13 units in the previous report.
7 condos closed last week. 7 closings the previous report.  
As of today, there are a total of 178 Hoboken properties pending to close (154 last week).  
Deals are being made!!!  Here are last weeks.
Firm accepted … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 06/08/09 02:02 PM

Same, same!  Market contracts up from previous week but closed sales down.  Our office is definitely getting busier with more buyer interest.  Let’s see if that translates into more deals being consummated!
Weekly statistics 5/31/09- 6/07/09
13 condos went into contract last week, up from the 7 units in the previous report.
7 condos closed last week.  11 closings the previous report.  
As of today, there are a total of 154 Hoboken properties pending to close (152 last week).  
Here are the deals of last week…..
Firm accepted offers:
Studio & 1 bedroom
2 accepted offers (2 last report)
(0 comments)

mls: Hoboken Condo Market Weekly Stats - 06/02/09 03:15 AM
Up one week, down the next!  That’s the seesaw type of market we are in.   Weekly statistics 5/24/09- 5/31/09
7 condos went into contract last week, a drop from the 17 units in the previous report.
11 condos closed last week.  14 closings the previous report.  
As of today, there are a total of 152 Hoboken properties pending to close (150 last week).  
Here are the deals of last week…..
Firm accepted offers:
Studio & 1 bedroom
2 accepted offers (4 last report)        Click Here to View Listings
These averaged 96 days on market.
2 bedrooms
4 condos had … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 05/30/09 08:03 AM
Hope everyone has a fantastic Memorial Day weekend.  This could be a nice long weekend for house shopping!  
Here are this weeks newest listings and price reductions.
26 new condo listings (28 last week) and 2 new 1-4 Family homes (3 last week) hit the Hoboken market.  
30 condo price reductions (44 last week)
 1-4 family home had a price reduction  (3 last week)
Check them all out.
Studio condo
 new listings  (1 last week)    
2 price reductions.  (1 last week)       Click Here to View Listings
1 bedroom condos
12 new listings starting at $314,900  (8 last … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 05/27/09 01:12 AM
Finally some increased buying activity.  We saw nice gains in both pending contracts and closed sales.  Like we mentioned last week, the best way to take advantage of a buyers market is to BUY!!!   
Weekly statistics 5/17/09- 5/24/09
17 condos went into contract last week, a nice gain from the 11 units from the previous report.
14 condos closed last week.  4 closings the previous report.  Another noticeable gain!
As of today, there are a total of 150 Hoboken properties sales pending to close (140 last week).  
Here are the deals of last week…..
Firm accepted offers:
Studio & 1 … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 05/23/09 02:43 PM

Hope everyone has a fantastic Memorial Day weekend.  This could be a nice long weekend for house shopping!  
Here are this weeks newest listings and price reductions.
26 new condo listings (28 last week) and 2 new 1-4 Family homes (3 last week) hit the Hoboken market.  
30 condo price reductions (44 last week)
 1-4 family home had a price reduction  (3 last week)
Check them all out.
Studio condo
 new listings  (1 last week)    
2 price reductions.  (1 last week)       Click Here to View Listings
1 bedroom condos
12 new listings starting at $314,900  (8 … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 05/16/09 09:30 AM
We are in a buyers market but you have to actually “buy” in order to participate.  There are lots of great deals out there and folks are getting really nice properties at really good prices.  Come join the fun 
Check out this weeks newest listings and price reductions.
28 new condo listings (33 last week) and 3 new 1-4 Family homes (2 last week) hit the Hoboken market.  
44 condo price reductions (35 last week)
(3) 1-4 family homes had price reductions  (3 last week)
Check them all out.
Studio condo
1 new listings offered at $435,000 (0 last week) … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 05/05/09 06:34 AM
 
Great, some positive news.  The Commerce Department just reported that construction spending increased 0.3 percent in March, the best showing since a similar rise last September. Economists had expected spending to drop 1.5 percent for a sixth straight monthly decline. Meanwhile, the National Association of Realtors said its index of pending home sales rose 3.2 percent to 84.6 in March, the second monthly increase after it hit a record low in January. The pending sales index also is 1.1 percent above last year’s levels. Typically, there is a one- to two-month lag between a contract and a done deal, so the index … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 04/25/09 02:53 AM
Sunny days are here again….at least weather wise.  What a great weekend to get out and shop for your new home. Here’s what’s new and has recently been reduced.
29 new condo listings (34 last week) and 1 new 1-4 Family home (7 last week) hit the Hoboken market.
29 condo price reductions (39 last week)
(2) 1-4 family homes had price reductions (2 last week)
Check them all out.
Studio condo
1 new listings (0 last week) Hudson Tea 735 sqft studio listed at 439,900 Click Here to View Listings
No price reductions. (1 last week)
1 bedroom condos
10 new listings … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 04/17/09 12:40 PM
Hoboken Real Estate Market’s Newest Listings & Price Reductions  
Wow, how about a true 2 bedroom with a top floor corner exposure, skyline view, elevator building and
hardwood floors for just $324,711!!   Click Here to View Listings  This was just listed.
Here are the other new listings / price reductions:
34 new condo listings (30 last week) and 7 new 1-4 Family homes (4 last week) hit the Hoboken market.  
39 condo price reductions (20 last week)
(1) 1-4 family homes had price reductions  (2 last week)
Check them all out.
Studio condo
No new listings (1 last week)   
1 … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 04/10/09 03:45 PM
 
There’s some great buys out there folks!  Affordability is much better and interest rates are fantastic.  Also, don’t forget that there is a first time home buyer credit of up to $8000 that you may qualify for.  Check out our newest listings and price reductions.  Your new home might just be waiting for you.
30 new condo listings (31 last week) and 4 new 1-4 Family homes (5 last week) hit the Hoboken market.  
20 condo price reductions (37 last week)
(2) 1-4 family homes had price reductions  (5 last week)
Check them all out.
Studio condo
1 new … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 04/04/09 01:08 AM
See the newest listings and price reductions to find out which hot buys may be there for you!
31 new condo listings (21 last week) and 5 new 1-4 Family homes (2 last week) hit the Hoboken market.  
37 condo and  (5) 1-4 family homes had price reductions  (34 reductions the previous week)
Check them all out.
Studio condo
1 new listing offered at $260,000   Click Here to View Listings
1 price reduction    Click Here to View Listings
1 bedroom condos
11 new listings starting at $329,000     Click Here to View Listings
16 price reductions  (9 last week)   Click Here … (0 comments)

mls: Hoboken Condo Market Weekly Stats - 03/30/09 01:35 PM
Weekly statistics 3/22/09- 3/29/09
6 condos received firm offers that cleared attorney review down from 12 condos the previous week.  This breaks a three week trend of increased accepted offers.
4 condominiums closed last week.  6 closings the previous week.
Additional news:
Long term rates set another record
For the week ending March 26th the 30-year fixed averaged 4.85% with an average 0.7% fee, down from last week when it averaged 4.98%. This time last year it averaged 5.85%. The current rate is the lowest since Fannie Mae started tracking rates in 1971.
As of today, there are a total of 113 Hoboken condos … (0 comments)

mls: Hoboken Real Estate Market’s Newest Listings & Price Reductions - 03/28/09 06:49 AM
See the newest listings and price reductions to find out which hot buys may be there for you!
21 new condo listings and (2) new 1-4 Family homes hit the Hoboken market.  
34 condo price reductions  (37 reductions the previous week)
Check them all out.
Studio condo
no new listings
1 price reduction   Click Here to View Listings
1 bedroom condos
7 new listings starting at $345,000    Click Here to View Listings
9 price reductions   Click Here to View Listings
2 bedroom condos
11 new listings starting at $369,000    Click Here to View Listings
18 price reductions   Click Here to … (0 comments)

 
Edward Perez (Sothbey's International Realty)

Edward Perez

Hoboken, NJ

More about me…

Sothbey's International Realty

Address: 306 Washington Street, Hoboken, NJ, 07030

Office: 2017955200 ext 436

Mobile: (201) 344-2886

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

If you enjoy what you are reading, remember to subscribe to my blog. It is my focus to provide relevant greater Hoboken real estate market information on real world level. No media hype. No fluff. Just a real voice based on an active Hoboken REALTOR (R).

Hoboken Condo Living



Listings

Links

Archives

RSS 2.0 Feed for this blog