Kate Silver Blog

DABO stats for Hoboken
March 5th, 2007 12:02 PM

1-family, 2-family, 3-family, 4-family, condos & coops under contract

February 2007 - 98

January 2007 - 64

December 2006 - 24

November 2006 - 7

 


Posted by Kate Silver and Empire Realty Group on March 5th, 2007 12:02 PMPost a Comment (0)

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Hoboken Rising?
March 3rd, 2007 10:29 AM
The Real Estate market in Hoboken is heating up.  We are averaging 2-3 qualified buyer leads through Empire alone.  On the whole, properties are staying on the market for much shorter periods, and yes - they're back - bidding wars.  We're seeing properties intentionally underpriced to promote competitive bidding.  Also, there seem to be more buyers in the $1mm+ category.  Could this mean that NYC sellers are losing some of their $1500+ per square foot buyers to the little square mile across the river?  Let's see if the stats measure up to my observations in the next blog....till then.

Posted by Kate Silver and Empire Realty Group on March 3rd, 2007 10:29 AMPost a Comment (0)

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