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.
55 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.
- 264 9TH ST (UNIT 5Q)MLS #140001387CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSNEW LISTING$435,000
- 700 GROVE ST (UNIT 2U)MLS #140001407CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSNEW LISTING$585,000
- 201 MARIN BLVD (UNIT 916)MLS #140001390CITYJERSEY CITYBEDROOMS1 BEDROOMSTATUSNEW LISTING$469,000
- 205 10TH ST (UNIT 9W)MLS #140001404CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSNEW LISTING$549,999
- 425 MONMOUTH STMLS #140001317CITYJERSEY CITY (DOWNTOWN)BEDROOMS1-4 FAMILYSTATUSNEW LISTING$414,990
- 88 MORGAN ST (UNIT 1808)MLS #140001314CITYJERSEY CITYBEDROOMS1 BEDROOMSTATUSNEW LISTING$579,500
- 2 2ND ST (UNIT 1705)MLS #140001352CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,575,000
- 88 MORGAN ST (UNIT 2108)MLS #140001283CITYJERSEY CITYBEDROOMS1 BEDROOMSTATUSNEW LISTING$597,500
- 91 COLES ST (UNIT 2)MLS #140001279CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$324,900
- 10 REGENT ST (UNIT 808)MLS #140001258CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$480,000
- 167 WAYNE ST (UNIT 209)MLS #140001228CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$389,000
- 1 GREENE ST (UNIT 810)MLS #140001149CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,050,000
- 88 MORGAN ST (UNIT 606)MLS #140001173CITYJERSEY CITYBEDROOMS1 BEDROOMSTATUSNEW LISTING$447,900
- 689 LUIS M MARIN BLVD (UNIT 601)MLS #140001116CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$240,000
- 45 RIVER DR SOUTH (UNIT 3414)MLS #140001022CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,149,000
- 77 HUDSON ST (UNIT 2510)MLS #140001027CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,149,000
- 20 NEWPORT PARKWAY (UNIT 2501)MLS #120006141CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$725,000
46 Properties Went Into Contract Last Month
43 Properties SoldLast Month
123 total active listings are on the market as of the date of this post. 120 are under contract.
(You must log-into the search engine and search pending and sold listings to see these property details)
Hoboken Real Estate Monitor.com now offers Pending and Sold Listings.
The Absorption rate is 3.00 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 41 closings this month and we have 123 active listings. So at the current rate of 41 closings per month, it would take 3.00 months (123/41) to sell off the current inventory. 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.
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."
Provided by Donna Antonucci
Weichert realtors
(O) 201.333.4443
Cell 201-240-6832
donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/
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