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 [...]
Archive for the ‘How’s the Market?’ Category
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 [...]
Hoboken & Jersey City Distressed Property Numbers and How to Prevent Becoming One
January 14th, 2011 EddiePerez Hoboken and Jersey City are not immune to the foreclosure wave that has been sweeping across the U.S. over the past 2 years. Realty Trac, the leading online marketplace for foreclosure properties released its Year-End 2010 U.S. Foreclosure Market Report™ which showed 3,825,637 foreclosure filings-default notices, scheduled auctions and bank repossessions which was an increase [...]
Posted in Hoboken Homes, Hoboken Market Statistics, Live in Hoboken 
Tags: 07030, foreclosure prevention Hoboken, foreclosure prevention Hudson County, foreclosure prevention Jersey City, Hoboken condos, Hoboken distressed properties, Hoboken Homes, Hoboken Properties, Jersey City condos, Jersey City distressed properties, Jersey City homes, Jersey City properties 
No Comments »Hoboken Condo Appraised for Less Than You Thought?
January 12th, 2011 EddiePerez When counseling buyers and sellers on their Hoboken metro area real estate, I prepare them for what is becoming a somewhat common occurrence…..the low appraisal. That’s a situation where an appraisers estimation of value for a particular property is lower than the accepted offering price. For instance an offer is accepted for $550,000 but the [...]
