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Keller Williams City Life Realty

Demand is High and Supply is Low for 3-Bedroom Hoboken Condos

It used to be that young couples would live in Hoboken until they had children—then they’d move to the ‘burbs. But that trend has been reversing lately, as Hoboken, with its beautiful parks, locally owned shops and restaurants, and cultural attractions is now a viable alternative to living in Manhattan. As more couples decide to stay and raise their children in Hoboken, the number of 3-bedroom condos for sale has decreased and the demand to purchase them has significantly increased.

There are far more one- and two-bedroom condos in Hoboken than three-bedroom units. During the building boom of the 15 years, most developers concentrated on smaller units instead of the larger 3 bedroom layouts.

However, if you are thinking of relocating to Hoboken and are interested in a three-bedroom condo, don’t give up. You can be the first to learn about new listings and price reductions of three-bedroom condos in Hoboken as soon as they come on the market with my free, easy-to-use, search tool.

 

Median Sales Values 3-Bedroom