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.
11 Properties came on the Market This Week.
- 15 WARREN ST (UNIT 108)MLS #130014749CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$574,900
- 126 DUDLEY ST (UNIT 410)MLS #130014739CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$625,000
- 227 CHRISTOPHER COLUMBUS DR (UNIT 233B)MLS #130014736CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$299,000
- 135 MONTGOMERY ST (UNIT 9B)MLS #130014671CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$265,000
- 10 REGENT ST (UNIT 711)MLS #130014696CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$399,888
- 349 PAVONIA AVE (UNIT 1)MLS #130014676CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSNEW LISTING$472,500
- 77 HUDSON ST (UNIT 2601)MLS #130014617CITYJERSEY CITY (DOWNTOWN)BEDROOMSSTUDIOSTATUSNEW LISTING$459,000
- 201 MARIN BLVD (UNIT 419)MLS #130014627CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$695,000
- 77 HUDSON ST (UNIT 2303)MLS #130014618CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$699,000
- 201 MARIN BLVD (UNIT PH12)MLS #130014628CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$1,490,000
- 1 GREENE ST (UNIT 608)MLS #130014554CITYJERSEY CITY (DOWNTOWN)BEDROOMS1 BEDROOMSTATUSNEW LISTING$524,999
- 264 9TH ST (UNIT 5Q)MLS #130014493CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$448,000
- 1 SHORE LANE (UNIT 1510)MLS #130014496CITYJERSEY CITY (DOWNTOWN)BEDROOMS2 BEDROOMSSTATUSNEW LISTING$899,000
- 83 MONTGOMERY ST (UNIT PH-501)MLS #130014472CITYJERSEY CITY (DOWNTOWN)BEDROOMS3 (OR MORE) BEDROOMSSTATUSACTIVE LISTING$1,500,000
- 473 JERSEY AVE (UNIT 202)MLS #130014161CITYJERSEY CITYBEDROOMSSTUDIOSTATUSACTIVE LISTING$270,000
- 231 WARREN ST (UNIT 4)MLS #130012595CITYJERSEY CITYBEDROOMS3 (OR MORE) BEDROOMSSTATUSACTIVE LISTING$1,000,000
- 341 MONMOUTH ST (UNIT 104D)MLS #130008186CITYJERSEY CITYBEDROOMS1 BEDROOMSTATUSACTIVE LISTING$370,000
- 235-237 BARROW STMLS #130007351CITYJERSEY CITYBEDROOMS1-4 FAMILYSTATUSACTIVE LISTING$1,500,000
- 118 COLES STMLS #130001226CITYJERSEY CITYBEDROOMS1-4 FAMILYSTATUSACTIVE LISTING$1,350,000
- 20 NEWPORT PARKWAY (UNIT 2501)MLS #120006141CITYJERSEY CITYBEDROOMS2 BEDROOMSSTATUSACTIVE LISTING$725,000
69 Properties Came On The Market Last Month
35 Properties Went Into Contract  Last Month
58 Properties Sold Last MonthÂ
122 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)
Hoboken Real Estate Monitor.com now offers Pending and Sold Listings.Â
The Absorption rate is 2.10 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 58 closings this month and we have 122 active listings. So at the current rate of 58 closings per month, it would take 2.10 months (122/58) 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. Â
Another key factor is listing date to contract. See the quarterly review and consult an agent. Outlyer scan skew these numbers.
Provided by Donna Antonucci
Weichert realtors
(O)Â 201.333.4433
Cell 201-240-6832
donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/
http://www.donnaantonucci.com/
www.search.hobokenrealestatemonitor.com/map/
