Friday, September 7, 2012

1 BR & 2BR Unit Above $500/Sq. Ft. Average Again-Hoboken Sales Update-September 7, 2012

There were a total of 25 sales in Hoboken this week.

1 BR sales sold well again this week at $524/sq.ft. with a sale at 124 Madison selling for an impressive $700/sq.ft.

1 BR sales easily outperformed last week with an average sales price of $532/sq.ft.  There were two sales over $550/sq.ft., one at $662/sq.ft. and one at $702/sq.ft.

2 BR sales continued their ride above $500/sq.ft. with an average sales price of $509/sq.ft.

We had five 3 BR sales this week.  I haven't seen this many 3 BR sales in one week in a long time.

Please click on the link below if you can't see the chart:

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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