The Hoboken real estate market continued performing strongly in the fourth quarter of 2021, with year over year gains in total sales, median listed price, average sales price, and median sales price. Quarter over quarter numbers showed a slowdown in comparison with the late summer / fall market, typical for the holiday and early winter season. Days on market were flat year over year and up by 6 days compared with Q3. There were 36% fewer listings to hit the market in Q4 than in Q3 or Q4 of 2020.
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.
