Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog. This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Tuesday, January 12, 2010
Calling all Downtown Hoboken Sellers!
With the lack of marketable 1, 2 and 3 bedroom condos in downtown Hoboken right now, it could be a good time to list your property. With overall inventories lower that they've been for the last several weeks and with serious buyers out there looking for properties, you might be in a better position that you think.
Yes, there are some great deals out there right now, but they're not really taking place in the downtown area.
On that note, if you're open to living in other parts of Hoboken there are some great deals out there. I was showing 2BR/2BA properties on 11th and Clinton last week in a building that was selling for about $70,000 less than it was two years ago.
I also showing a 2BR/2BA condo at The Upper Grand (1200 Adams) that was selling for less than $500/sq. ft. These units at one time were selling in the $575-$600/sq. ft. range.
If you'd like to receive daily updates of local listings for FREE, please email me at firstname.lastname@example.org. Just give me an idea of what you're looking for and I can add you to my auto-notification list. It's a great way to find out about listings as soon as they hit the market.
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Search MLS listings for free at: www.hobokenjerseycity.com
Has the market stabilized?
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