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.
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:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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