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, 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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http://www.alldowntownjerseycityhomes.com/
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15 comments:
Nice information on condos is given in the post.
These same rate applies to current market also ? or they are outdated
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