Friday, May 18, 2012

1 Bedroom Prices Top $490/sq.ft. This Week-Hoboken Sales Update-May 18, 2012

There were 14 sales again this week in Hoboken.

1 bedroom prices surged to $492/sq.ft. this week led by a strong sale at 2 Constitution at $561/sq.ft.

We had a surge of 2 bedroom sales this week, with 14 condos being sold for an average price of $462/sq.ft.

I do expect prices to start creeping up in the next few weeks as some of the over asking price properties start to close.

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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