Sunday, January 30, 2011

1BR Sales Steady-2BR Faltered This Week-Hoboken Sales Update-January 28, 2011

1BR condos sales averaged $456/sq.ft. and the 2BR average dropped down to $405/sq.ft. and was brought down by low sales such as a $385/sq.ft. sale at 1115 Grand. I sold a unit in this building 3 years ago for $515/sq.ft.

There is a still of good inventory on the market right now. Inventory is still very low at 375 units.

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

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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