In Hoboken, new listings were down 23% from July and 37% from August 2021. Prices remain on the rise, with median listed price up 71% and average sale price up 23% year-over-year. Inventory remained low but continued to move quickly; total sales were down 9% month-over-month and 36% year-over-year, and average days on market were down 32% year-over-year, unchanged from July.
©2022 UMRO Realty Corp., dba The Agency®. 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. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service. CalDRE #01904054