The Hoboken condo market has made some significant moves, many may be in your favor. About Eddie: Eddie Perez is a resident of Hoboken and works as a New Jersey licensed Broker – REALTOR . His goal is to educate both buyers and sellers so that they can make the most of their bottom line [...]
Archive for the ‘How’s the Market?’ Category
Posted in 
Tags: 
Pending Home Sales Rise, Market on Uptrend
February 29th, 2012 
EddiePerez The following article is good news and I wanted to share it with you! It is reprinted from the DAILY REAL ESTATE NEWS of Monday, February 27, 2012. Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year [...]
Low Inventory + Higher Rents = ?
December 24th, 2011 EddiePerez A case could be made that this could begin to lead to price increases in the near future. Additionally, recent news on the economy has been getting better lately and you know what this could lead to……. interest rates might start to go up!! Hoboken is experiencing extremely low inventory of available condominiums. As of [...]
Hoboken Condo Sales Statistics…Sales Prices are up How Much?
November 10th, 2011 EddiePerez I know most people feel that the Hoboken condo market is down, especially the “buyers” out there. Surprise…prices went up when compared to last year. When compiling the final sales figures for October 2011 using the Hudson County Multiple Listing Service, the central theme I noticed was….. Fewer condos are selling but they are selling [...]
30-Day Hoboken Condo Market Snapshot as of 10/12/2011
October 13th, 2011 EddiePerez How’s the market? The 30-day Hoboken condo market snapshot is designed to give a quick look at how the overall Hoboken condo market has performed during the previous 30 days. It’s current, hyper-local information can be a helpful guide and can offer confidence in understanding what is happening now so you can make the best [...]
Hoboken Condo Supply Drops to Just Over Four Months
August 21st, 2011 EddiePerez The Hoboken condo market supply has dropped to just over 4 months (4.36 month supply) based upon the most recent 30-Day Hoboken Condo Market Absorption Rate, a significant drop from the previous weeks rate which was at 5.22 months. This is the rate where the total condo inventory that is presently on the [...]
Hoboken Condo Market Snapshot 8/12/2011
August 13th, 2011 EddiePerez How’s the market? Stats you can use while shopping for your new Hoboken condo. Hoboken Condo Market Snapshot 8/12/2011 Total Condos For Sale: 324 Average Price: $506,434 Median Price: $459,950 Avg Days on Market: 88 0-1 bed : 129 Avg: $378,322 Median: $329,880 Avg price per sqft: $522 Avg days on market: 89 2 [...]
Hoboken Condo Market Snapshot 8/5/11
August 7th, 2011 EddiePerez How’s the market? Hoboken Condo Market Snapshot 8/5/2011 Total Condos For Sale: 325 Average Price: $510,575 Median Price: $460,000 Avg Days on Market: 91 0-1 bed : 128 Avg: $377,918 Median: $$329,690 Avg price per sqft: $516.03 Avg days on market: 93 2 bed: 163 Avg: $566,643 Median: $519,600 Avg price per sqft: $477.79 [...]
April 2011 Hoboken Condo Market Update – Good News for Buyers & Sellers
May 3rd, 2011 EddiePerez The Hoboken Condo market update for April 2011 is in and depending whether you’re buying or selling, the news can be viewed as either good or not so good. Good news for Hoboken condo sellers: Hoboken condominiums on average are selling faster than they did during the same period last year, just 69 days [...]
![Maxwell-Place_-_under_contract[1]](http://hobokenrealestateblog.com/wp-content/uploads/2011/04/maxwell-place_-_under_contract1-300x224.jpg "Maxwell-Place_-_under_contract[1]")
30 Day Hoboken Condo Market Snapshot. Not to Shabby!
April 5th, 2011 EddiePerez In the last 30 days, 66 Hoboken condos went into contract, a drop from the same period in 2010 however these numbers are going against the buying frenzy caused from the Home Buyer Tax Credit that was in effect during the spring market of last year. To me, this indicates a robust, balanced market as [...]
