While Hoboken sales were slightly up and days on market were down year over year, average and median sales prices saw a notable dip as did listing prices. The huge year over year and month over month influx of new listings contributed to lower price points due to the laws of supply and demand.
Source: Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. Copyright 2021 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.