14 Properties Came on
the Market This Week vs 13 last
week
400
JEFFERSON ST, HOBOKEN, NJ
400
JEFFERSON ST, HOBOKEN, NJ
129
HARRISON ST, HOBOKEN, NJ
700 1ST ST,
HOBOKEN, NJ
116 ADAMS
ST, HOBOKEN, NJ
826
WASHINGTON ST, HOBOKEN, NJ
1108 HUDSON
ST, HOBOKEN, NJ
700 1ST ST,
HOBOKEN, NJ
95 GARDEN
ST, HOBOKEN, NJ
1100 ADAMS
ST, HOBOKEN, NJ
1125
MAXWELL LANE, HOBOKEN, NJ
1210 GARDEN
ST, HOBOKEN, NJ
80-82 BLOOMFIELD ST,
HOBOKEN, NJ. This listing is so new, listing details are only available to
subscribed users. Please log on to see listing details.
920 HUDSON ST,
HOBOKEN, NJ. This listing is so new, listing details are only
available to subscribed users. Please log on to see listing details.
8 Properties
Went Into Contract This Week vs
12 last week
13 Properites
sold this Week vs 4 Last
Week
150 total
active listings are on the market as of the date of this
post. 177 are under contract.
Hoboken Real Estate Monitor.com now offers Pending and Sold Listings.
Click herehttp://hobokenrealestatemonitor.blogspot.com/p/pending-and-sold-listings.html for more information.

The Absorption rate this
week is 11.54 weeks. See the
attached picture of the absorption rate over time. The absorption rate is
a number that describes how many weeks it will take to see off the current
inventory at the current rate of sales. We had 13 closings this week and we have 150 active listings. So at the current rate of 13 closings per week, it would take 11.54 weeks (150/13)
to sell off the current inventory. See the chart attached as a photo to
see how absorption rate has fluctuated over time.
The absorption rate is often thought of as the
factor that indicates if we are in a sellers' or buyers' market.
Generally if there is more than 4 months of inventory it's a buyers'
market. Less than 4 months it's a sellers' market. Prices are down
but so is the inventory. Another key factor is listing date to contract. See the quarterly review and consult an agent. Outlyers can skew these numbers.
See the embedded document below
for Price Per Square Foot by bedroom and neighborhood so you can understand how
location effects price.
Hoboken Stats Public PDF
Provided by Donna Antonucci
Provided by Donna Antonucci
Prudential Castle Point Realty
201-216-0909
201-216-0909
201-240-6832