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:
Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com
Search Hoboken listings:
http://www.viewhobokenhomes.com/
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