Hoboken Real Estate Market Update October 2010

Washington Street Hoboken NJ

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

Active Hoboken Condos

  • There are 443 Active Hoboken condos for sale with an average listing price of $523,077. Average days on the market: 104 Days

Since October 1st, 134 new Hoboken condos came on the market for sale with an average listing price of $484,625.

  • Active Hoboken Studio Condos: 12 condos for sale with an average listing price of $397,899. 158 days on the market.
  • Active Hoboken 1 Bedroom Condos: 153 condos for sale with an average listing price of $368,744. 93 days on the market.
  • Active Hoboken 2 Bedroom Condos: 234 condos for sale with an average listing price of $575,818. 100 days on the market.
  • Active Hoboken 3+ Bedroom Condos: 44 condos for sale with an average listing price of $813,391. 154 days on the market.

Pending Hoboken Condos

  • There are 114 Hoboken condos under contract waiting to close with an average listing price of $492,736.  Average days on the market: 93 Days. Final sales prices of these units will not be published until they close.
  • Pending Hoboken Studio Condos: 4 condos under contract with an average listing price of $267,498. 235 days on the market.
  • Pending Hoboken 1 Bedroom Condos: 39 condos under contract an average listing price of $367,266. 92 days on the market.
  • Pending Hoboken 2 Bedroom Condos: 60 condos under contract with an average listing price of $549,624. 86 days on the market.
  • Pending Hoboken 3+ Bedroom Condos: 11 condos under contract with an average listing price of $709,187. 83 days on the market.

Sold Hoboken Condos 10/1/10 to 10/31/10

  • 53 Hoboken condos sold between 10/1/10 & 10/31/10 with average listing price of $457,495. The average sales price of these sold Hoboken condos were $439,348. Average days on the market: 86 Days
  • Sold Hoboken Studio Condos: 4 sold with an average listing price of $329,648 and an averages sales price of $318,873. 226 days on the market.
  • Sold Hoboken 1 Bedroom Condos: 17 condos sold with an average listing price of $354,266 and an averages sales price of $336,647. 106 days on the market.
  • Sold Hoboken 2 Bedroom Condos: 25 condos sold with an average listing price of $485,162 and an average sales price of $468,480. 58 days on the market.
  • Sold Hoboken 3+ Bedroom Condos: 7 condos sold with an average listing price of $682,438 and an average sales price of $653,571. 60 days on the market.

Hoboken Waterfront Condo Update

All sold units occurred between 10/1/10 – 10/31/10

****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 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 September 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.

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