Monday, December 22, 2014

Hoboken and Downtown JC Sales Continue to Rise-November Stats Update

$600+/sq. ft. pricing held strong again  in Hoboken for November as low inventories continue to drive prices higher and higher.  Newport 1 and 2 BR condos pushed even higher with both reaching over $700/sq. ft.

Escalating prices and bidding wars are still the norm for properties, even during the holiday season.

Once the December numbers are calculated I'll post the end-of-year stats to see how they stack up against previous years.

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Kevin Dowd
Broker Salesperson
Berkshire Hathaway HomeServices
Hudson River Properties
626 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957

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