The Hoboken real estate market remained strong in August, with sellers enjoying a 14% increase in median listed price and a 2% decrease in days on market compared with August 2019. Median sales price and total number of sales were up year over year. Buyers have the benefit of a 94% year over year increase in number of new listings, however the benefit is short-lived in that homes are averaging less than a month on the market.
Source: Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. Copyright 2020 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description.
