(PPSQFT calculated using condos only. Â However, only 1, 2, and 3+ bedrooms are shown on this chart. Â The difference between 100% and the total percentage shown by neighborhood equals the excluded studios. Â 1-4 families are excluded from this analysis.)
31 Properties Came on the Market This Week.
- 700 1ST ST (UNIT 16PN)MLS #130012719CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$579,000
- 727 MONROE ST (UNIT 502)MLS #130013634CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$600,000
- 700 GROVE ST (UNIT 104)MLS #130013723CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSNEW LISTING$574,900
- 2 CONSTITUTION CT (UNIT 1006)MLS #130013635CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$875,000
- 80 MADISON ST (UNIT 7)MLS #130013622CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$389,000
- 700 GROVE ST (UNIT 10E)MLS #130013586CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSNEW LISTING$579,000
- 1033 WASHINGTON ST (UNIT 1R)MLS #130013561CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$160,000
- 1125 MAXWELL LANE (UNIT 1224)MLS #130013556CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,399,000
- 603-607 MONROE ST (UNIT 3)MLS #130013592CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$465,000
- 1033 WASHINGTON ST (UNIT 1F)MLS #130013560CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$160,000
- 1500 WASHINGTON ST (UNIT 7H)MLS #130013587CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$525,000
- 1027 WASHINGTON ST (UNIT 2F)MLS #130013563CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$160,000
- 1027 WASHINGTON ST (UNIT 3F)MLS #130013559CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$160,000
- 600 HUDSON ST (UNIT 3D)MLS #130013504CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$699,000
- 1450 WASHINGTON ST (UNIT 316)MLS #130013574CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$964,995
- 108-112 MONROE ST (UNIT 2D)MLS #130013452CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$735,000
- 203 WASHINGTON ST (UNIT 403)MLS #130013468CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$449,000
- 419 MADISON ST (UNIT 1)MLS #130013523CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$319,000
- 108-112 MONROE ST (UNIT 2D)MLS #130013450CITYHOBOKENBEDROOMS3 (OR MORE) BEDROOMSSTATUSNEW LISTING$735,000
- 551 OBSERVER HIGHWAY (UNIT 11H)MLS #130013408CITYHOBOKENBEDROOMS1 BEDROOMSTATUSNEW LISTING$439,950
- 517 ADAMS ST (UNIT 2)MLS #130013429CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$795,000
- 159-161 NEWARK ST (UNIT 3A)MLS #130013388CITYHOBOKENBEDROOMSSTUDIOSTATUSNEW LISTING$375,000
- 72 GARDEN ST (UNIT 1R)MLS #130013426CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$699,900
- 100 GARDEN ST (UNIT 3A)MLS #130013370CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSNEW LISTING$557,500
- 162 11TH STMLS #130013368CITYHOBOKENBEDROOMS1-4 FAMILYSTATUSACTIVE LISTING$2,100,000
- 1115 WILLOW AVE (UNIT 512)MLS #130012844CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$627,000
- 734 ADAMS ST (UNIT 3A)MLS #130012490CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$320,000
- 800 JACKSON ST (UNIT 303)MLS #130012422CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$575,000
- 1450 WASHINGTON ST (UNIT 905)MLS #130012199CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$1,074,995
- 1500 HUDSON ST (UNIT 6H)MLS #130012203CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$1,100,000
- 1125 MAXWELL LANE (UNIT 702)MLS #130011744CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$735,000
- 608 MADISON ST (UNIT 10)MLS #130011527CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$359,000
- 1450 WASHINGTON ST (UNIT 1201)MLS #130011467CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$689,000
- 904 JEFFERSON ST (UNIT 5B)MLS #130011424CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$595,000
- 1106 BLOOMFIELD STMLS #130011418CITYHOBOKENBEDROOMS1-4 FAMILYSTATUSACTIVE LISTING$2,499,000
- 78 JACKSON ST (UNIT 4B)MLS #130011138CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$559,000
- 2 CONSTITUTION CT (UNIT 1111)MLS #130011028CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$695,000
- 1125 MAXWELL LANE (UNIT 1100)MLS #130008095CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$2,449,995
- 1125 MAXWELL LANE (UNIT 927)MLS #130008001CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$2,399,995
- 1112 PARK AVE (UNIT 4 (2R))MLS #130007939CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$469,000
- 1105 WASHINGTON ST (UNIT 1)MLS #130007187CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$499,900
- 1125 MAXWELL LANE (UNIT 647)MLS #130007125CITYHOBOKENBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$699,000
- 707 WILLOW AVE (UNIT 2)MLS #130005999CITYHOBOKENBEDROOMS3 (OR MORE) BEDROOMSSTATUSACTIVE LISTING$1,599,000
- 707 WILLOW AVE (UNIT 1)MLS #130005997CITYHOBOKENBEDROOMS3 (OR MORE) BEDROOMSSTATUSACTIVE LISTING$1,499,000
- 1450 WASHINGTON ST (UNIT 905)MLS #130003519CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$899,995
- 812 GRAND ST (UNIT 314)MLS #130013220CITYHOBOKENBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$599,000
104 Properties Came On The Market Last Month
96 Properties Went Into Contract  Last Month
87 Properties Sold Last MonthÂ
231 total active listings are on the market as of the date of this post. 195 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. Â However, only 1, 2, and 3+ bedrooms are shown on this chart. Â The difference between 100% and the total percentage shown by neighborhood equals the excluded studios. Â 1-4 families are excluded from this analysis.)
The Absorption rate is 2.66 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 87 closings last month and we have 231 active listings. So at the current rate of 87 closings per month, it would take 2.66 weeks (231/87) 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. Â
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.
Go to hobokenrealestatemonitor.blogspot.in for Price Per Square Foot by bedroom and neighborhood so you can understand how location effects price.
Information Provided by Donna Antonucci
Prudential Castle Point Realty
(O) 201-216-0909
Cell 201-240-6832
donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/
http://www.donnaantonucci.com/
www.search.hobokenrealestatemonitor.com/map/
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