Weehawken Condo Market Update October 2009

Riva Pointe Condos in Weehawken

Below please find the Weehawken Condo market update for October 2009. All information is gathered from the Hudson County Multiple Listing Service.

Active Weehawken Condos

Currently there are 62 available Weehawken condos for sale with an average listing price of $714,108. Average days on the market: 116 days

• 1 Bedroom Weehawken Condos: 14 units for sale with an average listing price of $408,207. Average days on the market: 109 days
• 2 Bedroom Weehawken Condos: 34 units for sale with an average listing price of $608,128. Average days on the market: 109 days
• 3+ Bedroom Weehawken Condos: 14 units for sale with an average listing price of $1,277,392. Average days on the market: 116 days

Under Contract Weehawken Condos

Currently there are 11 Weehawken Condos under contract with an average listing price of $485,990. Average days on the market: 200 days. ****Please note: We will not know what these condos sold for until they actually close. Only then are sales prices published.

• 1 Bedroom Weehawken Condos: 1 unit under contract with a listing price of $289,000. 32 days on the market.
• 2 Bedroom Weehawken Condos: 7 units under contract with an average listing price of $317,128. Average days on the market: 258 days
• 3+ Bedroom Weehawken Condos: 3 units under contract with an average listing price of $945,666, Average days on the market: 119 days

Sold Weehawken Condos

Since 9/10/09 (when I last published the Weehawken condo market update) 3 Weehawken condos have sold.

1. 106 Maple St. Weehawken: 2 bedrooms, 1 bath, 718 sq.ft. Listing price: $269,000. Sales Price: $242,500. 244 days on the market.
2. 518 Gregory Avenue Weehawken (Gregory Commons): 1 bedroom, 1.5 bath, 989 sq.ft. Listing price: $298,500. Sales price: $272,500. 211 days on the market.
3. 12 Henley Place Weehawken (Henley on Hudson): 4 bedrooms, 3 full baths, 2 half baths. 3744 sq.ft. Listing price: $2,600,000. Sales price: $2,600,000. 85 days on the market.

Weehawken Condo Market Update

• Gregory Commons: 16 available condos, 1 condo under contract, 1 unit sold since 9/10/09.
• The Brownstones at Port Imperial: 5 available condos, 1 condo under contract, 0 units sold since 9/10/09.
• Henley on Hudson: 9 available condos, 0 units under contract, 1 condo sold since 9/10/09.
• Riva Pointe: 16 available condos, 1 unit under contract, 0 condos sold since 9/10/09.

****Please note: The inside sales office at Henley on Hudson does not list & report all of their sales through the Hudson County MLS.

If you have any questions about this Weehawken condo market update, please feel free to contact me, Walter Burns.

To see how this month’s report compares to September, please visit the September 2009 Weehawken Condo Market Update.

For Weehawken real estate news and information, join my Weehawken Real Estate Blog!