HOBOKEN/DOWNTOWN JERSEY CIT Y MARKET REPORT THIRD QUARTER
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1 217 HOBOKEN/DOWNTOWN JERSEY CIT Y MARKET REPORT THIRD QUARTER
2 Hoboken ALL APARTMENTS The average sale price of Hoboken apartments reached $815,, an increase of 6% over prior year. The median sale price also rose ending at $752, or 7% higher than prior year. $8, $75, $7, $65, $815, $752, $814, $722, $751, $684, $792, $695, $768, $7, There were 7% fewer closed sales with 233 closings versus 1 during the same period last year. Apartments spent an average of days on market with sellers gaining of asking prices. $6, $55, $5, Average Sales Price Median Sales Price % 4 Days 3 Days 2 Days 1 Days Days 2Q16 Halstead Property 2
3 Hoboken TOWNHOUSES (1 4 UNITS) Fewer sales over $2mil caused the overall townhouse price statistics to fall. The average sale price of Hoboken townhouses was $1,648,, a decrease of 22% over prior year. The median sale price ended at $1,66,, a 1% loss. There were only 2 closed sales this period with an average of 43 days on market and sellers receiving approximately 98% of asking price. $2,5, $2,, $1,5, $1,, $5, $1,648, $1,66, $1,78, $1,754, $1,478, $1,375, $1,83, $1,74, $2,12, $1,85, Average Sales Price Median Sales Price % 6 Days 5 Days 4 Days 3 Days 2 Days Halstead Property 3
4 Downtown Jersey City $766, $715, $827, $728, $798, $735, $8, $757, $7, $716, $66, ALL APARTMENTS $75, Apartments in Downtown Jersey City gained an average of $766, during the third quarter of 217, a 7% improvement from last year. The median price rose 8% to $715, during this time. Because of persistently low inventory, the number of sales fell 29% compared to 216 s third quarter. Sellers received 99% of their asking price with an average of 26 days on market. $7, $65, $6, $55, $5, Average Sales Price Median Sales Price % 99.% 75 Days 5 Days Days Days Halstead Property 4
5 Downtown Jersey City TOWNHOUSES (1 4 UNITS) $1,6, $1,294, $1,3, $1,347, $1,, $1,388, $1,4, $1,495, $1,517, $1,215, $1,29, The average sale price of Downtown Jersey City townhouses was $1,294, this quarter, a 15% increase from the same period last year. The median sale price ended at $1,3,, which was a 26% increase from 3Q 216. $1,4, $1,2, $1,, There were closed sales this period with an average of 39 days on market and sellers receiving 97% of asking price. $8, Average Sales Price Median Sales Price % 6 Days 5 Days 4 Days 3 Days 2 Days Halstead Property 5
6 OFFICES MANHATTAN PARK AVENUE 499 Park Avenue New York, NY EAST SIDE 77 Lexington Avenue New York, NY WEST SIDE 48 Columbus Avenue New York, NY VILLAGE 831 Broadway New York, NY SOHO 451 West Broadway New York, NY HARLEM 2169 Frederick Douglass Boulevard New York, NY WASHINGTON HEIGHTS 819 West 187th Street New York, NY RIVERDALE RIVERDALE JOHNSON 3531 Johnson Avenue Riverdale, NY BROOKLYN BROOKLYN HEIGHTS 122 Montague Street Brooklyn, NY NORTH SLOPE 76 Seventh Avenue Brooklyn, NY PARK SLOPE 16 7th Avenue Brooklyn, NY COBBLE HILL 162 Court Street Brooklyn, NY BEDFORD STUYVESANT 316 Stuyvesant Avenue Brooklyn, NY BEDFORD STUYVESANT 1191 Bedford Avenue Brooklyn, NY N/A SOUTH SLOPE th Avenue Brooklyn, NY FORT GREENE 7 Fulton Street Brooklyn, NY CONNECTICUT DARIEN 671 Boston Post Road Darien, CT NEW CANAAN - ELM STREET 183 Elm Street New Canaan, CT NEW CANAAN - SOUTH AVENUE 6 South Avenue New Canaan, CT , ROWAYTON 14 Rowayton Avenue Rowayton, CT GREENWICH 1 Mason Street Greenwich, CT STAMFORD 199 High Ridge Road Stamford, CT WESTPORT 379 Post Road East Westport, CT WILTON 21 River Road Wilton, CT FOREST HILLS Ascan Avenue Forest Hills, NY Main #: NEW JERSEY HOBOKEN 2 Washington Street Hoboken, NJ MONTCLAIR 635 Valley Road, Montclair, NJ HAMPTONS EAST HAMPTON 2 Newtown Lane East Hampton, NY SOUTHAMPTON 31 Main Street Southampton, NY CORPORATE COMMERCIAL SALES 77 Lexington Avenue New York, NY DEVELOPMENT MARKETING 445 Park Avenue New York, NY Halstead Property, LLC. Data is sourced from the Hudson County MLS. 217 by Halstead Property New Jersey, LLC. All Rights Reserved. This information may not be copied, commercially used or distributed without Halstead Property s prior consent. While information is believed true, no guaranty is made of accuracy. RIVERDALE MOSHOLU 5626 Mosholu Avenue Riverdale, NY HUDSON VALLEY HUDSON 526 Warren Street Hudson, NY QUEENS LONG ISLAND CITY Vernon Boulevard Queens, NY GLOBAL SERVICES 77 Lexington Avenue New York, NY MANAGEMENT COMPANY 77 Lexington Avenue, 7th floor New York, NY, Cover Property Web# Visit halstead.com for access to all of our reports, listings, neighborhood information and more.
HOBOKEN/DOWNTOWN JERSEY CIT Y MARKET REPORT SECOND QUARTER
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