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Keller Williams City Life Realty

Hoboken Condo Market Update

As April ends and we turn towards May, below is the Hoboken condo market update effective May 1, 2009. These stats are just for condos for sale in Hoboken. Data is compiled from the Hudson County Multiple Listing Service.

Active Hoboken Condos

  • Currently 559 condos for sale with average listing price of $588,984. Average days on market: 98 days

Since April 1, 2009, 159 new Active Hoboken condos came on the market. The average asking price during this period was $560,356.

Pending Hoboken Condos

  • 116 condos with average asking price of $642,730. Average days on market: 98 days

Sold Hoboken Condos Since 4/1/09

  • Since 4/1/09: 37 condos closed in past 30 days with average list price of $465,530. The average sold price was $446,151. Average days on market for a sold Hoboken condo was 92 days.

Expired Hoboken Condos

  • These are properties which were listed for sale with a Realtor and did not sell during the period of the listing agreement. There were a total of 24 expired Hoboken condos in the past 30 days. The average list price of these units were $748,265 with an average of 164 days on the market.

***This data does not represent all of the new construction Hoboken condos that are currently for sale with Toll Brothers including the Harborside Lofts, Maxwell Place, and the Hudson Tea Building. Toll Brothers places some, but not all of their current available inventory into the Hudson County Multiple Listing Service. Also, this data does not represent all of the “For Sale By Owner” condos for sale in Hoboken.

If you have any questions, feel free to contact me.

About Walter Burns

Walter Burns is a licensed New Jersey Realtor since 2002 and he specializes in luxury living in the hottest New York Metro area communities including the prestigious New Jersey Hudson River waterfront areas of Hoboken, Jersey City, Bayonne, Union City, Weehawken, West New York, Guttenberg, North Bergen, Cliffside Park, Edgewater, and Fort Lee. Walter's mission, desire, and goal is to assist all parties in accomplishing their real estate goals, as well as to empower his clients through exceptional service, creating extraordinary results. Having been mentored by several of the top 100 Realtors and Developers in the United States and Canada, he graduated from Rowan University and currently resides in Hoboken. Walter is part of Keller Williams City Life Realty. NJAR Circle of Excellence Sales Award, 2009-2018. Google

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