Friday, May 23, 2014

April Stats Update-Hoboken 2 BR Condos Close to $600/Sq. Ft. Average Sales Price

The MLS recent added an additional classification for properties under contract which is why there was a big jump in pending sales for April.

The big news for April is that 2 bedroom sales in Hoboken are close to breaking an average sales price of $600/sq. ft.

Take a moment to scroll the chart to the right to see how much pricing has increased over the last few years.

With all of this activity, it's very surprising that there isn't more inventory on the market.

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
626 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957

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