(PPSQFT calculated using condos only. However, only 1, 2, and 3+ bedrooms are shown on this chart. The difference between 100% and the total percentage shown by neighborhood equals the excluded studios. 1-4 families are excluded from this analysis.)
59 Properties Came On The Market Last Month. Here is the list of active listings in the market. Click on the listing to see property information in detail.
- 128 MADISON ST (UNIT 1S/1L)MLS #140001379CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$349,000
- 1025 MAXWELL LANE (UNIT 1111)MLS #140001398CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,150,000
- 1110 CLINTON ST (UNIT 5)MLS #140001381CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$585,000
- 920 JEFFERSON ST (UNIT 501)MLS #140001415CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$399,000
- 830 MONROE ST (UNIT 6D)MLS #140001370CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$615,000
- 88 PARK AVE (UNIT 2S)MLS #140001391CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$379,000
- 405 4TH ST (UNIT 4A)MLS #140001323CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$390,000
- 1025 MAXWELL LANE (UNIT 1112)MLS #140001327CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,085,000
- 1214 WASHINGTON ST (UNIT 3)MLS #140001355CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$399,000
- 830 BLOOMFIELD ST (UNIT 2)MLS #140001305CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$460,000
- 422 MADISON ST (UNIT 4R/7)MLS #140001211CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$340,000
- 1125 MAXWELL LANE (UNIT 1111)MLS #140001188CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,600,000
- 1110 PARK AVE (UNIT 3R)MLS #140001122CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$449,900
- 931 PARK AVE (UNIT 4L)MLS #140001152CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$369,900
- 331 ADAMS ST (UNIT 3)MLS #140001113CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$459,000
- 78 MADISON ST (UNIT 2)MLS #140001126CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$675,000
- 805 WILLOW AVE (UNIT 4R)MLS #140001138CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$464,999
- 78 JACKSON ST (UNIT 2A)MLS #140001123CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$649,000
- 422 MADISON ST (UNIT 4L)MLS #140001128CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$349,000
- 713 WILLOW AVE (UNIT 2B)MLS #140001099CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$325,000
- 415 NEWARK ST (UNIT 12E)MLS #140001094CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$725,000
- 415 NEWARK ST (UNIT 9C)MLS #140001119CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$579,000
- 130 MADISON ST (UNIT 5)MLS #140001058CITYHOBOKENBEDROOMSSTUDIOSTATUSNEW LISTING$204,900
- 1012 PARK AVE (UNIT 3)MLS #140001025CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$450,000
- 413 MADISON ST (UNIT 3)MLS #140001082CITYHOBOKENBEDROOMS3 (OR MORE) BEDROOMSSTATUSNEW LISTING$735,000
- 209 BLOOMFIELD ST (UNIT 5)MLS #140001008CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$299,000
- 222 CLINTON ST (UNIT 19)MLS #140000995CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$875,000
- 827 WASHINGTON ST (UNIT 4A)MLS #140000595CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$479,000
- 402 9TH ST (UNIT E3J)MLS #140000489CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$449,000
- 707 WILLOW AVE (UNIT 2)MLS #130015038CITYHOBOKENBEDROOMS3 (OR MORE) BEDROOMSSTATUSACTIVE LISTING$1,599,000
- 818 JEFFERSON ST (UNIT 4E)MLS #130014783CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$389,000
- 233 WILLOW AVE (UNIT 401)MLS #130014719CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$652,000
- 203 WASHINGTON ST (UNIT 403)MLS #130013468CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$449,000
- 1105 WASHINGTON ST (UNIT 1)MLS #130007187CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$499,900
72 Properties Went Into Contract Last Month
52 Properties Sold Last Month
159 total active listings are on the market as of the date of this post. 149 are under contract.
(You must log-into the search engine and search pending and sold listings to see these property details)
(PPSQFT calculated using condos only. However, only 1, 2, and 3+ bedrooms are shown on this chart. The difference between 100% and the total percentage shown by neighborhood equals the excluded studios. 1-4 families are excluded from this analysis.)
The Absorption rate is 3.06 months. See the attached picture of the absorption rate over time. The absorption rate is a number that describes how many months it will take to see off the current inventory at the current rate of sales. We had 52 closings last month and we have 159 active listings. So at the current rate of 52 closings per month, it would take 3.06 months (159/52) to sell off the current inventory. See the chart attached as a photo to see how absorption rate has fluctuated over time.
See the chart attached as a photo to see how absorption rate has fluctuated over time. The absorption rate is often thought of as the factor that indicates if we are in a sellers' or buyers' market.
Generally if there is more than 4 months of inventory it's a buyers' market. Less than 4 months it's a sellers' market. Prices are down but so is the inventory.
Another key factor is listing date to contract. See the quarterly review and consult an agent. Outlyer scan skew these numbers.
Hoboken Real Estate Monitor.com now offers Pending and Sold Listings.
Click here http://hobokenrealestatemonitor.blogspot.com/p/pending-and-sold-listings.html for more information.
If you would like price per square foot numbers, please Click Here where the full weekly stats report is posted including Price Per Square Foot by bedroom and neighborhood so you can understand how location effects price."
Information Provided by Donna Antonucci
Weichert Realtors
Cell 201-240-6832
donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/
http://www.donnaantonucci.com/
www.search.hobokenrealestatemonitor.com/map/
Check out our archive - over 1,000 articles written on real estate and real estate related topics. Find your answers on the blog.
(O) 201.333.4443
