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