Friday, May 27, 2011

22 Sales This Week in Hoboken, 1BR PRICES SOAR!-Hoboken Sales Update-May 27, 2011

1BR sales soared this week to $516/sq. ft., pushed by first time homebuyers scooping up the great deals in town.

2BR sales sputtered a little bit at $434/sq.ft. this week. There were several sub-$400/sq.ft. sales that brought down the overall average.

3BR sales averaged $428/sq.ft. and were brought down by a $387/sq. ft. sale at 609 Observer. It's a great unit, but not in the most desirable part of town.

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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