Friday, June 22, 2012
1 BR Condos Soar at $534/Sq.Ft.-Hoboken Sales Update-June 22, 2012
Ther were a total of 22 sales this week.
The big news is in the 1 BR and 3 BR market this week.
1 BR units averaged a stellar $531/sq.ft. this week which is the highest we've seen in a long time. It's also interesting to note that the average days on the market for this segment is only 30 days. Amazing.
The 3BR market averaged a very strong $489/sq.ft. with two similar units at 219 Grand selling for $556/sq.ft. and $545/sq.ft.
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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