Friday, September 3, 2010

Weak 2BR Sales This Week-Hoboken Sales Update-September 3, 2010

We had a very light sales week for 1BR condos in Hoboken with only two sales this week. 834 Washington sold for a low $437/sq.ft. while 501 9th sold well at $501/sq.ft.

There were 8 2 BR sales this week, but a lot of these units sold very low and were units that had lingered on the market for weeks, as is evidenced by the average sale time for 2BR this week at a very high 154 days.

3 BR condos were just average this week, with 510 Monroe selling low at $351/sq.ft.

There was one two family sale this week that sold for $1,245,000 which I think was very high for being on Monroe Street.

Please click on the link below if you can't see the chart:

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957

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