Hoboken Real Estate Market Update September 2010

Hoboken Brownstones Hoboken NJ

Below is the Hoboken real estate market update for condominium sales for September 2010. All information is gathered from the Hudson County Multiple Listing Service.

Active Hoboken Condos

  • There are 489 Active Hoboken condos for sale with an average listing price of $520,959. Average days on the market: 98 Days

Since September 1st, 213 new Hoboken condos came on the market for sale with an average listing price of $501,648.

  • Active Hoboken Studio Condos: 11 condos for sale with an average listing price of $334,172. 168 days on the market.
  • Active Hoboken 1 Bedroom Condos: 171 condos for sale with an average listing price of $372,112. 89 days on the market.
  • Active Hoboken 2 Bedroom Condos: 257 condos for sale with an average listing price of $572,823. 92 days on the market.
  • Active Hoboken 3+ Bedroom Condos: 50 condos for sale with an average listing price of $804,526. 139 days on the market.

Pending Hoboken Condos

  • There are 121 Hoboken condos under contract waiting to close with an average listing price of $493,129.  Average days on the market: 91 Days. Final sales prices of these units will not be published until they close.
  • Pending Hoboken Studio Condos: 5 condos under contract with an average listing price of $291,798. 208 days on the market.
  • Pending Hoboken 1 Bedroom Condos: 39 condos under contract an average listing price of $367,015. 84 days on the market.
  • Pending Hoboken 2 Bedroom Condos: 64 condos under contract with an average listing price of $548,058. 89 days on the market.
  • Pending Hoboken 3+ Bedroom Condos: 13 condos under contract with an average listing price of $678,492. 82 days on the market.

Sold Hoboken Condos 9/1/10 to 9/30/10

  • 51 Hoboken condos sold between 9/1/10 & 9/30/10 with average listing price of $539,909. The average sales price of these sold Hoboken condos were $507,078. Average days on the market: 78 Days
  • Sold Hoboken Studio Condos: 1 Studio sold. It was located at 80 Park Avenue. It listed for $294,000 and sold for $260,000. 40 days on the market.
  • Sold Hoboken 1 Bedroom Condos: 17 condos sold with an average listing price of $369,022 and an averages sales price of $355,823. 66 days on the market.
  • Sold Hoboken 2 Bedroom Condos: 26 condos sold with an average listing price of $518,453 and an average sales price of $495,942. 89 days on the market.
  • Sold Hoboken 3+ Bedroom Condos: 7 condos sold with an average listing price of $1,069,743 and an average sales price of $951,068. 72 days on the market.

Hoboken Waterfront Condo Update

All sold units occurred between 9/1/10 – 9/30/10

****The above data may not reflect all of the units that may be available or that have sold in these Hoboken waterfront buildings. Toll Brothers which represents Harborside Lofts, the Hudson Tea Building, and Maxwell Place does not place all of their condos in the Hudson County MLS for sale and does not report all of their sales through the MLS either.  Neither does the Applied Companies, the developer of the W Hotel in Hoboken.

To see how this month’s Hoboken real estate update compares to last month’s, visit the August 2010 Hoboken real estate market update.

If you have any questions about this market update, please feel free to contact me, Walter Burns or leave a comment.

For all the latest in Hoboken real estate news and information, subscribe to Living on the Hudson.

Related Posts:

3 thoughts on “Hoboken Real Estate Market Update September 2010

Leave a Reply

Your email address will not be published. Required fields are marked *