Friday, June 29, 2012

32 Sales This Week-8 OVER ASKING PRICE-Hoboken Sales Update-June 29, 2012

There was a total of 32 sales in Hoboken this week.

1 BR units continued their upward trend with an average sales price of $515/sq.ft.

2 BR sales averaged a so-so $466/sq.ft. on a total of 18 sales.

The two 3BR sales this week also averaged over $500/sq.ft. this week at $519/sq.ft.

It's interesting to note that there were 8 sales over asking price this week which shows how competitve the Hoboken market is right now.

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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