Monday, April 26, 2010

Year over Year Sales 2006-2009 from Hoboken Real Estate

Hoboken condo sales only. Dollars are stated in $ millions.

You can see how volume peaked in 2007 with over 1045 deals at a staggering $595MM in dollar volume for the 1 Square Mile City of Hoboken. 2009 was definitely abysmal with a 20% drop in both deal and dollar volume. Deals this quarter are up over 50% from last quarter (110 v 86, $62MM v. $42MM through April 18th). More evidence that the bottom is hardening....

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