Hoboken real estate prices inched up during the first quarter of 2022, with year over year gains of 3% and quarter over quarter gains of 2%. Sales saw a 20% decline compared with Q4 2021 and an 8% decline compared with Q1 2021. The median listed price increased 5% year over year and was flat quarter over quarter, while the market saw an influx of new listings, with 62% more quarter over quarter and 10% fewer year over year.
Source: Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. Copyright 2022 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.
