Monday, June 11, 2012

Hoboken 1, 2 & 3 BR Condos ALL Average OVER $500/sq. ft.-Hoboken Sales Update-Jun 8, 2012

There were 25 sales in Hoboken this week.

1 BR sales averaged a strong $507/sq.ft this week with three sales topping $500/sq.ft. and one sale topping $600/sq.ft.

The 2 BR market did just as well averaging a very strong $534/sq.ft. this week.  A unit at Maxwell Place sold for a strong $634/sq.ft.

3BR condos sold equally as well this week with an average sales price of $511/sq.ft.  A unit at 603-607 Monroe sold for $25,000 over asking price. Impressive.

This is the first time that 1, 2, and  BR condos have all averaged over $500/sq.ft. since I started tracking data in October, 2009.

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Search Hoboken listings:
Search downtown Jersey City listings:
Follow me on Twitter:

No comments: