Data from Wednesday to Tuesday, Ending December 12, 2012

Hoboken

10 Properties Came on the Market This Week vs 8 last week

135 Active listings

163 Under contract

13 Properties Went Into Contract This Week vs 8 last week

13 Properites sold this Week vs 19 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100

Sold listings last

week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12
27-Nov-12
4-Dec-12
11-Dec-12

The absorption rate is 10.38 weeks. That is it would take10.38 weeks at the current rate of sales to sell off the current inventory. Last week that
was 7.53 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update December 12, 2012

South West
(South of 7th and West of Clinton)

1BR

%
37%

$/Sq Ft
$490

Sq Ft
641

Avg Price
$309,343

2BR

47%

$482

1060

3BR

8%

$460

1,530

North West
(North of 7th and West of Clinton)

1BR

%
18%

$/Sq Ft
$570

Sq Ft
741

Avg Price
$409,500

$494,467

2B

73%

$505

1060

$492,625

$716,300

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
39%

$/Sq Ft
$583

2BR

36%

3BR

11%

Sq Ft
799

Avg Price
$477,173

$698
$565

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
29%
$535

Sq Ft
763

Avg Price
425,405

1,391 $1,045,300

2BR

45%

$696

1,277

$950,668

2,095

3BR

14%

$751

1,702

$1,368,125

1,195,667

Data from Wednesday to Tuesday, Ending December 05, 2012

Hoboken

8 Properties Came on the Market This Week vs 7 last week

143 Active listings

165 Under contract

8 Properties Went Into Contract This Week vs 3 last week

19 Properites sold this Week vs 1 Last Week

500

450

400

Absorption rate

350

300
Active listings

250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12
27-Nov-12
4-Dec-12

The absorption rate is 7.53 weeks. That is it would take 7.53 weeks at the current rate of sales to sell off the current inventory. Last week that
was 148.00 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update December 05, 2012

South West
(South of 7th and West of Clinton)

1BR

%
34%

$/Sq Ft
$486

Sq Ft
677

Avg Price
$325,653

2BR

52%

$486

1085

3BR

07%

$460

1,530

North West
(North of 7th and West of Clinton)

1BR

%
9%

$/Sq Ft
$641

Sq Ft
546

Avg Price
$350,000

$514,317

2B

82%

$513

1115

$530,000

$716,300

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
32%

$/Sq Ft
$601

Sq Ft
786

Avg Price
$484,900

2BR

45%

$639

1,349

3BR

10%

$565

2,095

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
31%
$551

Sq Ft
756

Avg Price
435,443

$921,286

2BR

47%

$658

1,212

$856,478

1,195,667

3BR

12%

$740

1,695

$1,356,429

Data from Wednesday to Tuesday, Ending November 28, 2012

Hoboken

7 Properties Came on the Market This Week vs 14 last week

148 Active listings

181 Under contract

3 Properties Went Into Contract This Week vs 18 last week

1 Properites sold this Week vs 13 Last Week

500

450

400

Absorption rate

350

300

250
Active listings
200

150

100
Sold listings last
week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12
27-Nov-12

The absorption rate is 148.00 weeks. That is it would take 148.00 weeks at the current rate of sales to sell off the current inventory. Last week
that was 11.54 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update November 28, 2012

South West
(South of 7th and West of Clinton)

1BR

%
33%

$/Sq Ft
$482

Sq Ft
686

Avg Price
$326,843

2BR

52%

$483

1085

3BR

07%

$501

1,624

North West
(North of 7th and West of Clinton)

1BR

%
8%

$/Sq Ft
$641

Sq Ft
546

Avg Price
$350,000

$510,014

2B

85%

$510

1181

$563,636

$819,300

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
34%

$/Sq Ft
$584

Sq Ft
791

Avg Price
$476,355

2BR

44%

$646

1,335

3BR

9%

$565

2,095

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
28%
$555

Sq Ft
748

Avg Price
435,234

$922,643

2BR

46%

$653

1,194

$831,120

1,195,667

3BR

13%

$745

1,722

$1,374,375

Data from Wednesday to Tuesday, Ending November 21, 2012

Hoboken

14 Properties Came on the Market This Week vs 13 last week

150 Active listings

177 Under contract

8 Properties Went Into Contract This Week vs 12 last week

13 Properites sold this Week vs 4 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100
Sold listings last
week
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12
20-Nov-12

The absorption rate is 11.54 weeks. That is it would take 11.54 weeks at the current rate of sales to sell off the current inventory. Last week that
was 35.75 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update November 21, 2012

South West
(South of 7th and West of Clinton)

1BR

%
31%

$/Sq Ft
$477

Sq Ft
687

Avg Price
$324,369

2BR

55%

$478

1099

3BR

07%

$501

1,624

North West
(North of 7th and West of Clinton)

1BR

%
21%

$/Sq Ft
$566

Sq Ft
683

Avg Price
$383,000

$512,578

2B

71%

$503

1203

$562,500

$819,300

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
33%

$/Sq Ft
$584

Sq Ft
791

Avg Price
$476,355

2BR

45%

$635

1,330

3BR

9%

$565

2,095

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
28%
$545

Sq Ft
749

Avg Price
428,587

$901,800

2BR

44%

$648

1,192

$823,977

1,195,667

3BR

13%

$717

1,719

$1,333,750

Data from Wednesday to Tuesday, Ending November 14, 2012

Hoboken

13 Properties Came on the Market This Week vs 04 last week

143 Active listings

195 Under contract

12 Properties Went Into Contract This Week vs 1 last week

4 Properites sold this Week vs 2 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100

Sold listings last

week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12
13-Nov-12

The absorption rate is 35.75 weeks. That is it would take 35.75 weeks at the current rate of sales to sell off the current inventory. Last week that
was 76.00 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update November 14, 2012

South West
(South of 7th and West of Clinton)

1BR

%
24%

$/Sq Ft
$487

Sq Ft
658

Avg Price
$316,867

2BR

59%

$483

1131

3BR

11%

$512

1,693

North West
(North of 7th and West of Clinton)

1BR

%
23%

$/Sq Ft
$556

Sq Ft
683

Avg Price
$383,000

$530,923

2B

69%

$501

1208

$558,889

$874,225

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
29%

$/Sq Ft
$602

Sq Ft
812

Avg Price
$504,433

2BR

48%

$635

1,330

3BR

10%

$565

2,095

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
27%
$505

Sq Ft
774

Avg Price
446,764

$901,800

2BR

45%

$665

1,234

$867,799

1,195,667

3BR

15%

$683

1,786

$1,296,556

Data from Wednesday to Tuesday, Ending November 07, 2012

Hoboken

04 Properties Came on the Market This Week vs 11 last week

152 Active listings

182 Under contract

1 Properties Went Into Contract This Week vs 14 last week

2 Properites sold this Week vs 3 Last Week

500

450

400

Absorption rate

350

300

Active listings

250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12
6-Nov-12

The absorption rate is 76.00 weeks. That is it would take 76.00 weeks at the current rate of sales to sell off the current inventory. Last week that
was 51.67 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update November 31, 2012

South West
(South of 7th and West of Clinton)

1BR

%
28%

$/Sq Ft
$493

Sq Ft
655

Avg Price
$319,942

2BR

56%

$482

1075

3BR

12%

$522

1,646

North West
(North of 7th and West of Clinton)

1BR

%
25%

$/Sq Ft
$556

Sq Ft
775

Avg Price
$421,333

$509,929

2B

67%

$495

1153

$557,125

$788,838

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
30%

$/Sq Ft
$602

Sq Ft
812

Avg Price
$504,433

2BR

43%

$651

1,359

3BR

13%

$540

1,804

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
25%
$543

Sq Ft
784

Avg Price
449,234

$948,308

2BR

43%

$638

1,184

$805,288

$983, 200

3BR

15%

$658

1,756

$1,236,400

Data from Wednesday to Tuesday, Ending October 31, 2012

Hoboken

11 Properties Came on the Market This Week vs 18 last week

155 Active listings

184 Under contract

14 Properties Went Into Contract This Week vs 11 last week

3 Properties Sold This Week vs 12 Last Week

500

450

Absorption rate

400

350

300
Active listings

250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12
30-Oct-12

The absorption rate is 51.67 weeks. That is it would take 51.67 weeks at the current rate of sales to sell off the current inventory. Last week that
was 13.50 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update October 31, 2012

South West
(South of 7th and West of Clinton)

1BR

%
31%

$/Sq Ft
$497

Sq Ft
638

Avg Price
$313,807

2BR

53%

$482

1075

3BR

11%

$522

1,646

North West
(North of 7th and West of Clinton)

1BR

%
27%

$/Sq Ft
$556

Sq Ft
775

Avg Price
$421,333

$509,929

2B

64%

$500

1132

$551,125

$862,540

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
32%

$/Sq Ft
$593

Sq Ft
799

Avg Price
$490,340

2BR

42%

$651

1,359

3BR

13%

$540

1,804

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
26%
$541

Sq Ft
786

Avg Price
447,888

$948,308

2BR

44%

$660

1,216

$850,645

$983, 200

3BR

15%

$658

1,756

$1,236,400

Data from Wednesday to Tuesday, Ending October 24, 2012

Hoboken

18 Properties Came on the Market This Week vs 17 last week

162 Active listings

177 Under contract

11 Properties Went Into Contract This Week vs 14 last week

12 Properties Sold This Week vs 9 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100

Sold listings last

week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12
23-Oct-12

The absorption rate is 13.50 weeks. That is it would take 13.50 weeks at the current rate of sales to sell off the current inventory. Last week that
was 17.89 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update October 24, 2012

South West
(South of 7th and West of Clinton)

1BR

%
30%

$/Sq Ft
$497

Sq Ft
638

Avg Price
$313,807

2BR

50%

$485

1081

3BR

13%

$516

1,650

North West
(North of 7th and West of Clinton)

1BR

%
25%

$/Sq Ft
$566

Sq Ft
775

Avg Price
$421,333

$515,846

2B

67%

$496

1152

$557,125

$854,600

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
34%

$/Sq Ft
$573

Sq Ft
824

Avg Price
$482,945

2BR

41%

$607

1,308

3BR

16%

$530

1,777

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
26%
$546

Sq Ft
744

Avg Price
442,362

$840,615

2BR

46%

$650

1,206

$829,163

$949, 540

3BR

13%

$683

1,786

$1,296,556

Data from Wednesday to Tuesday, Ending October 17, 2012

Hoboken

17 Properties Came on the Market This Week vs 25 last week

161 Active listings

176 Under contract

14 Properties Went Into Contract This Week vs 16 last week

9 Properties Sold This Week vs 14 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100

Sold listings last

week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12
16-Oct-12

The absorption rate is 17.89 weeks. That is it would take 17.89 weeks at the current rate of sales to sell off the current inventory. Last week that
was 11.57 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update October 17, 2012

South West
(South of 7th and West of Clinton)

1BR

%
31%

$/Sq Ft
$497

Sq Ft
655

Avg Price
$322,956

2BR

51%

$484

1068

3BR

14%

$496

1,612

North West
(North of 7th and West of Clinton)

1BR

%
31%

$/Sq Ft
$563

Sq Ft
744

Avg Price
$411,000

$505,973

2B

62%

$486

1174

$556,612

$806,800

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
45%

$/Sq Ft
$539

Sq Ft
733

Avg Price
$407,907

2BR

31%

$635

1,333

3BR

14%

$497

1,592

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
29%
$527

Sq Ft
763

Avg Price
418,894

$926,556

2BR

42%

$650

1,177

$822,599

$789, 925

3BR

13%

$612

1,786

$1,296,556

Data from Wednesday to Tuesday, Ending October 10, 2012

Hoboken

25 Properties Came on the Market This Week vs 27 last week

162 Active listings

175 Under contract

16 Properties Went Into Contract This Week vs 14 last week

14 Properties Sold This Week vs 20 Last Week

500

450

Absorption rate

400

350

300
Active listings
250

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12
9-Oct-12

The absorption rate is 11.57 weeks. That is it would take 11.57 weeks at the current rate of sales to sell off the current inventory. Last week that
was 8.35 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update October 10, 2012

South West
(South of 7th and West of Clinton)

1BR

%
28%

$/Sq Ft
$490

Sq Ft
671

Avg Price
$327,087

2BR

50%

$465

1135

3BR

15%

$490

1,489

North West
(North of 7th and West of Clinton)

1BR

%
21%

$/Sq Ft
$586

Sq Ft
685

Avg Price
$396,333

$521,253

2B

64%

$484

1173

$555,878

$741,450

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
37%

$/Sq Ft
$530

Sq Ft
762

Avg Price
$419,535

2BR

33%

$622

1,302

3BR

17%

$501

1,641

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
28%
$508

Sq Ft
722

Avg Price
380,792

$885,390

2BR

45%

$663

1,222

$870,490

$821, 940

3BR

13%

$649

1,754

$1,227,375

Data from Wednesday to Tuesday, Ending October 3, 2012

Hoboken

27 Properties Came on the Market This Week vs 20 last week

167 Active listings

175 Under contract

14 Properties Went Into Contract This Week vs 16 last week

20 Properties Sold This Week vs 10 Last Week

500

450

400

Absorption rate

350

300

Active listings

250

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12
2-Oct-12

The absorption rate is 8.35 weeks. That is it would take 8.35 weeks at the current rate of sales to sell off the current inventory. Last week that
was 17.10 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update October 3, 2012

South West
(South of 7th and West of Clinton)

1BR

%
29%

$/Sq Ft
$489

Sq Ft
651

Avg Price
$316,595

2BR

51%

$464

1178

3BR

14%

$490

1,526

North West
(North of 7th and West of Clinton)

1BR

%
23%

$/Sq Ft
$575

Sq Ft
663

Avg Price
$376,333

$542,207

2B

77%

$479

1176

$553,290

$757,511

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
38%

$/Sq Ft
$525

Sq Ft
760

Avg Price
$409,672

2BR

31%

$620

1,313

3BR

17%

$510

1,612

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
25%
$566

Sq Ft
807

Avg Price
460,950

$899,544

2BR

46%

$673

1,222

$882,794

$821, 940

3BR

13%

$650

1,754

$1,229,875

Data from Wednesday to Tuesday, Ending September 26, 2012

Hoboken

20 Properties Came on the Market This Week vs 11 last week

171 Active listings

181 Under contract

16 Properties Went Into Contract This Week vs 11 last week

10 Properties Sold This Week vs 8 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12
25-Sep-12

The absorption rate is 17.10 weeks. That is it would take 17.10 weeks at the current rate of sales to sell off the current inventory. Last week that
was 21.50 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update September 26, 2012

South West
(South of 7th and West of Clinton)

North West
(North of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$486

Sq Ft
649

Avg Price
$313,989

1BR

2BR

47%

$461

1225

$562,400

2B

3BR

15%

$490

1,526

$757,511

3BR

South East
(South of 7th and East of Clinton)

1BR

%
41%

$/Sq Ft
$525

Sq Ft
739

Avg Price
$397,921

2BR

29%

$545

1,211

3BR

15%

$516

1,713

%
8%

$/Sq Ft
$641

Sq Ft
546

Avg Price
$350,00

92`%

$482

1184

$562,083

0%

$0

$0

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
34%
$517

Sq Ft
705

Avg Price
375,598

$703,400

2BR

42%

$682

1,257

$912,564

$891, 740

3BR

14%

$680

1,800

$1,304,333

Data from Wednesday to Tuesday, Ending September 19, 2012

Hoboken

11 Properties Came on the Market This Week vs 19 last week

172 Active listings

178 Under contract

11 Properties Went Into Contract This Week vs 13 last week

8 Properties Sold This Week vs 13 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12
18-Sep-12

The absorption rate is 21.50 weeks. That is it would take 21.50 weeks at the current rate of sales to sell off the current inventory. Last week that
was 13.85 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update September 19, 2012

South West
(South of 7th and West of Clinton)

1BR

%
31%

$/Sq Ft
$486

Sq Ft
649

Avg Price
$313,358

2BR

48%

$463

1219

3BR

15%

$472

1,512

North West
(North of 7th and West of Clinton)

1BR

%
9%

$/Sq Ft
$641

Sq Ft
546

Avg Price
$350,00

$562,473

2B

91%

$475

1192

$555,500

$726,300

3BR

0%

$0

$0

South East
(South of 7th and East of Clinton)

1BR

%
42%

$/Sq Ft
$511

Sq Ft
761

Avg Price
$398,206

2BR

27%

$554

1,144

3BR

15%

$475

1,930

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
31%
$523

Sq Ft
700

Avg Price
379,063

$682,544

2BR

44%

$667

1,281

$904,532

$930,760

3BR

13%

$658

1,805

$1,283,000

Data from Wednesday to Tuesday, Ending September 12, 2012

Hoboken

19 Properties Came on the Market This Week vs 10 last week

180 Active listings

177 Under contract

13 Properties Went Into Contract This Week vs 8 last week

13 Properties Sold This Week vs 23 Last Week

500

450

400

Absorption rate

350

300

Active listings

250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12
11-Sep-12

The absorption rate is 13.85 weeks. That is it would take 13.85 weeks at the current rate of sales to sell off the current inventory. Last week that
was 7.91 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update September 12, 2012

South West
(South of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$499

Sq Ft
650

Avg Price
$319,185

2BR

48%

$462

1244

3BR

14%

$472

1,512

North West
(North of 7th and West of Clinton)

1BR

%
7%

$/Sq Ft
$641

Sq Ft
546

Avg Price
$350,00

$572,507

2B

86%

$479

1187

$559,000

$726,300

3BR

7%

$434

1,332

$579,000

South East
(South of 7th and East of Clinton)

1BR

%
41%

$/Sq Ft
$572

Sq Ft
771

Avg Price
$444,135

2BR

29%

$554

1,144

3BR

14%

$483

1,930

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
30%
$516

Sq Ft
710

Avg Price
379,913

$677,280

2BR

46%

$650

1,250

$851,207

$947,960

3BR

12%

$660

1,746

$1,189,750

Data from Wednesday to Tuesday, Ending September 05, 2012

Hoboken

10 Properties Came on the Market This Week vs 12 last week

182 Active listings

183 Under contract

8 Properties Went Into Contract This Week vs 4 last week

23 Properties Sold This Week vs 15 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100

Sold listings last

week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12
4-Sep-12

The absorption rate is 7.91 weeks. That is it would take 7.91 weeks at the current rate of sales to sell off the current inventory. Last week that
was 12.73 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update September 05, 2012

South West
(South of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$501

Sq Ft
636

Avg Price
$313,979

2BR

42%

$461

1257

3BR

17%

$481

1,507

North West
(North of 7th and West of Clinton)

1BR

%
7%

$/Sq Ft
$641

Sq Ft
746

Avg Price
$350,00

$577,188

2B

80%

$482

1116

$524,561

$736,160

3BR

13%

$457

1,426

$654,500

South East
(South of 7th and East of Clinton)

1BR

%
41%

$/Sq Ft
$574

Sq Ft
744

Avg Price
$431,646

2BR

30%

$539

1,210

3BR

16%

$497

1,742

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
31%
$519

Sq Ft
735

Avg Price
397,323

$692,073

2BR

44%

$659

1,258

$869,475

$838,283

3BR

10%

$663

1,673

$1,224,714

Data from Wednesday to Tuesday, Ending August 29, 2012

Hoboken

12 Properties Came on the Market This Week vs 10 last week

191 Active listings

198 Under contract

4 Properties Went Into Contract This Week vs 8 last week

15 Properties Sold This Week vs 17 Last Week

500

450

400

Absorption rate

350

300

Active listings

250

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12
28-Aug-12

The absorption rate is 12.73 weeks. That is it would take 12.73 weeks at the current rate of sales to sell off the current inventory. Last week that
was 11.83 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update August 29, 2012

South West
(South of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$499

Sq Ft
630

Avg Price
$310,100

2BR

43%

$455

1212

3BR

17%

$484

1,501

North West
(North of 7th and West of Clinton)

1BR

%
14%

$/Sq Ft
$532

Sq Ft
795

Avg Price
$392,00

$551,418

2B

79%

$482

1111

$521,430

$736,418

3BR

7%

$479

1,521

$730,000

South East
(South of 7th and East of Clinton)

1BR

%
41%

$/Sq Ft
$588

Sq Ft
727

Avg Price
$431,849

2BR

26%

$617

1,318

3BR

18%

$476

1,697

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
30%
$521

Sq Ft
735

Avg Price
398,446

$878,780

2BR

48%

$659

1,219

$878,735

$796,371

3BR

7%

$685

1,693

$1,298,800

ata from Wednesday to Tuesday, Ending August 22, 2012

Hoboken

10 Properties Came on the Market This Week vs 12 last week

201 Active listings

198 Under contract

8 Properties Went Into Contract This Week vs 7 last week

17 Properties Sold This Week vs 15 Last Week

500

450

400

Absorption rate

350

300

Active listings

250

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12
21-Aug-12

The absorption rate is 11.82 weeks. That is it would take 11.82 weeks at the current rate of sales to sell off the current inventory. Last week that
was 13.87 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update August 22, 2012

South West
(South of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$501

Sq Ft
627

Avg Price
$310,091

2BR

41%

$459

1168

3BR

18%

$482

1,500

North West
(North of 7th and West of Clinton)

1BR

%
14%

$/Sq Ft
$532

Sq Ft
795

Avg Price
$392,00

$531,468

2B

71%

$489

1125

$534,573

$736,508

3BR

14%

$453

1,433

$652,500

South East
(South of 7th and East of Clinton)

1BR

%
36%

$/Sq Ft
$589

Sq Ft
727

Avg Price
$434,339

2BR

29%

$591

1,312

3BR

17%

$476

1,697

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
34%
$529

Sq Ft
740

Avg Price
405,272

$831,317

2BR

44%

$671

1,230

$901,632

$796,371

3BR

7%

$685

1,693

$1,298,800

Data from Wednesday to Tuesday, Ending August 15, 2012

Hoboken

12 Properties Came on the Market This Week vs 16 last week

208 Active listings

206 Under contract

7 Properties Went Into Contract This Week vs 21 last week

15 Properties Sold This Week vs 11 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100
Sold listings last
week
50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12
14-Aug-12

The absorption rate is 13.87 weeks. That is it would take 13.87 weeks at the current rate of sales to sell off the current inventory. Last week that
was 19.36 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update August 15, 2012

South West
(South of 7th and West of Clinton)

1BR

%
35%

$/Sq Ft
$488

Sq Ft
678

Avg Price
$322,200

2BR

42%

$452

1137

3BR

17%

$491

1,510

North West
(North of 7th and West of Clinton)

1BR

%
15%

$/Sq Ft
$445

Sq Ft
977

Avg Price
$432,450

$509,733

2B

62%

$494

1115

$532,125

$733,717

3BR

15%

$453

1,433

$652,500

South East
(South of 7th and East of Clinton)

1BR

%
36%

$/Sq Ft
$578

Sq Ft
737

Avg Price
$430,679

2BR

26%

$599

1,338

3BR

21%

$466

1,693

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
33%
$537

Sq Ft
742

Avg Price
408,628

$859,709

2BR

45%

$660

1,225

$881,524

$755,967

3BR

7%

$685

1,693

$1,298,800

Data from Wednesday to Tuesday, Ending August 8, 2012

Hoboken

16 Properties Came on the Market This Week vs 20 last week

213 Active listings

216 Under contract

21 Properties Went Into Contract This Week vs 10 last week

11 Properties Sold This Week vs 23 Last Week

500

450

Absorption rate

400

350

300
Active listings
250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12
7-Aug-12

The absorption rate is 19.36 weeks. That is it would take 19.36 weeks at the current rate of sales to sell off the current inventory. Last week that
was 9.96 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update August 8, 2012

South West
(South of 7th and West of Clinton)

1BR

%
37%

$/Sq Ft
$497

Sq Ft
684

Avg Price
$329,214

2BR

40%

$457

1120

3BR

16%

$491

1,510

North West
(North of 7th and West of Clinton)

1BR

%
25%

$/Sq Ft
$490

Sq Ft
827

Avg Price
$394,633

$505,567

2B

58%

$491

1189

$573,143

$733,717

3BR

17%

$453

1,433

$652,500

South East
(South of 7th and East of Clinton)

1BR

%
33%

$/Sq Ft
$581

Sq Ft
737

Avg Price
$432,620

2BR

29%

$583

1,289

3BR

20%

$466

1,693

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
32%
$537

Sq Ft
763

Avg Price
424,271

$801,592

2BR

48%

$668

1,216

$889,626

$755,967

3BR

6%

$623

1,441

$959,799

Data from Wednesday to Tuesday, Ending August 1, 2012

Hoboken

20 Properties Came on the Market This Week vs 17 last week

229 Active listings

213 Under contract

10 Properties Went Into Contract This Week vs 13 last week

23 Properties Sold This Week vs 7 Last Week

500

450

Absorption rate

400

350

300

Active listings
250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12
31-Jul-12

The absorption rate is 9.96 weeks. That is it would take 9.96 weeks at the current rate of sales to sell off the current inventory. Last week that
was 31.57 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update August 1, 2012

South West
(South of 7th and West of Clinton)

1BR

%
33%

$/Sq Ft
$499

Sq Ft
662

Avg Price
$318,675

2BR

40%

$463

1129

3BR

21%

$483

1,621

North West
(North of 7th and West of Clinton)

1BR

%
19%

$/Sq Ft
$484

Sq Ft
840

Avg Price
$394,667

$514,376

2B

63%

$483

1189

$561,800

$768,240

3BR

19%

$476

1,589

$764,667

South East
(South of 7th and East of Clinton)

1BR

%
30%

$/Sq Ft
$588

Sq Ft
685

Avg Price
$414,236

2BR

28%

$591

1,216

3BR

21%

$467

1,705

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
29%
$547

Sq Ft
766

Avg Price
433,959

$773,900

2BR

47%

$663

1,217

$880,407

$763,870

3BR

8%

$584

1,629

$975,285

Data from Wednesday to Tuesday, Ending July 25, 2012

Hoboken

17 Properties Came on the Market This Week vs 25 last week

221 Active listings

230 Under contract

13 Properties Went Into Contract This Week vs 10 last week

7 Properties Sold This Week vs 12 Last Week

500

450

400

Absorption rate

350

300

250

Active listings

200

150

100

Sold listings last

week

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12
24-Jul-12

The absorption rate is 31.57 weeks. That is it would take 31.57 weeks at the current rate of sales to sell off the current inventory. Last week that
was 20.25 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update July 25, 2012

South West
(South of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$495

Sq Ft
655

Avg Price
$313,874

2BR

40%

$471

1193

3BR

21%

$483

1,621

North West
(North of 7th and West of Clinton)

1BR

%
17%

$/Sq Ft
$484

Sq Ft
840

Avg Price
$394,667

$552,190

2B

67%

$489

1194

$574,908

$768,507

3BR

17%

$480

1,589

$771,000

South East
(South of 7th and East of Clinton)

1BR

%
30%

$/Sq Ft
$555

Sq Ft
677

Avg Price
$415,331

2BR

27%

$566

1,210

3BR

23%

$597

1,705

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
24%
$532

Sq Ft
712

Avg Price
394,157

$785,967

2BR

50%

$659

1,199

$866,725

$767,370

3BR

8%

$578

1,660

$987,999

Data from Wednesday to Tuesday, Ending July 18, 2012

Hoboken

25 Properties Came on the Market This Week vs 17 last week

243 Active listings

216 Under contract

10 Properties Went Into Contract This Week vs 19 last week

12 Properties Sold This Week vs 7 Last Week

500

450
Absorption rate
400

350
Active listings
300

250
Sold listings last
week
200

150

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12
17-Jul-12

The absorption rate is 20.25 weeks. That is it would take 20.25 weeks at the current rate of sales to sell off the current inventory. Last week that
was 34.57 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update July 18, 2012

South West
(South of 7th and West of Clinton)

1BR

%
34%

$/Sq Ft
$506

Sq Ft
657

Avg Price
$324,789

2BR

41%

$464

1155

3BR

18%

$492

1,580

North West
(North of 7th and West of Clinton)

1BR

%
18%

$/Sq Ft
$499

Sq Ft
833

Avg Price
$405,975

$528,308

2B

68%

$467

1230

$566,093

$769,440

3BR

14%

$480

1,589

$771,000

South East
(South of 7th and East of Clinton)

1BR

%
32%

$/Sq Ft
$587

Sq Ft
672

Avg Price
$407,771

2BR

27%

$563

1,106

3BR

23%

$469

1,705

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
29%
$529

Sq Ft
706

Avg Price
385,072

$648,883

2BR

50%

$637

1,134

$770,640

$767,370

3BR

7%

$573

1,652

$979,583

Data from Wednesday to Tuesday, Ending July 11, 2012

Hoboken

17 Properties Came on the Market This Week vs 20 last week

242 Active listings

214 Under contract

19 Properties Went Into Contract This Week vs 14 last week

7 Properties Sold This Week vs 19 Last Week

500

450

Absorption rate

400

350

300
Active listings
250

200

150
Sold listings last
week
100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12
10-Jul-12

The absorption rate is 34.57 weeks. That is it would take 34.57 weeks at the current rate of sales to sell off the current inventory. Last week that
was 13.42 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update July 11, 2012

South West
(South of 7th and West of Clinton)

1BR

%
35%

$/Sq Ft
$0

Sq Ft
643

Avg Price
$316,754

2BR

40%

$462

1195

3BR

19%

$494

1,526

North West
(North of 7th and West of Clinton)

1BR

%
19%

$/Sq Ft
$499

Sq Ft
833

Avg Price
$405,975

$544,081

2B

67%

$482

1194

$567,314

$762,100

3BR

14%

$487

1,688

$826,000

South East
(South of 7th and East of Clinton)

1BR

%
36%

$/Sq Ft
$587

Sq Ft
672

Avg Price
$407,771

2BR

31%

$559

1,154

3BR

21%

$446

1,634

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
29%
$530

Sq Ft
698

Avg Price
382,419

$674,467

2BR

48%

$637

1,165

$800,077

$717,338

3BR

9%

$573

1,652

$968,937

Data from Wednesday to Tuesday, Ending July 4, 2012

Hoboken

20 Properties Came on the Market This Week vs 19 last week

255 Active listings

208 Under contract

14 Properties Went Into Contract This Week vs 13 last week

19 Properties Sold This Week vs 18 Last Week

500

450

Absorption rate

400

350

300
Active listings
250

200

150
Sold listings last
week
100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12
3-Jul-12

The absorption rate is 13.42 weeks. That is it would take 13.42 weeks at the current rate of sales to sell off the current inventory. Last week
that was 14.33 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update July 4, 2012

South West
(South of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$506

Sq Ft
632

Avg Price
$311,433

2BR

42%

$464

1,157

3BR

20%

$485

1,503

North West
(North of 7th and West of Clinton)

1BR

%
25%

$/Sq Ft
$475

Sq Ft
894

Avg Price
$409,580

$529,845

2B

60%

$492

1198

$582,450

$739,177

3BR

15%

$487

1,688

$826,000

South East
(South of 7th and East of Clinton)

1BR

%
37%

$/Sq Ft
$589

Sq Ft
663

Avg Price
$400,550

2BR

28%

$556

1,164

3BR

21%

$448

1,592

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
31%
$531

Sq Ft
703

Avg Price
$383,268

$678,225

2BR

47%

$632

1,165

$790,806

$706,522

3BR

9%

$573

1,652

$958,944

Data from Wednesday to Tuesday, Ending June 27, 2012

Hoboken

19 Properties Came on the Market This Week vs 26 last week

258 Active listings

219 Under contract

13 Properties Went Into Contract This Week vs 14 last week

18 Properties Sold This Week vs 13 Last Week

500

450

Absorption rate

400

350

300
Active listings
250

200

150
Sold listings last
week
100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12
26-Jun-12

The absorption rate is 14.33 weeks. That is it would take 14.33 weeks at the current rate of sales to sell off the current inventory. Last week
that was 20.15 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update June 27, 2012

South West
(South of 7th and West of Clinton)

1BR

%
31%

$/Sq Ft
$499

Sq Ft
633

Avg Price
$310,785

2BR

43%

$460

1,165

3BR

20%

$481

1,506

North West
(North of 7th and West of Clinton)

1BR

%
35%

$/Sq Ft
$492

Sq Ft
854

Avg Price
$403,817

$528,439

2B

59%

$485

1284

$623,340

$733,667

3BR

6%

$520

1,900

$989,000

South East
(South of 7th and East of Clinton)

1BR

%
40%

$/Sq Ft
$588

Sq Ft
661

Avg Price
$398,165

2BR

26%

$557

1,143

3BR

19%

$462

1,575

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
27%
$528

Sq Ft
695

Avg Price
$377,684

$669,427

2BR

50%

$612

1,120

$737,402

$719,838

3BR

9%

$573

1,652

$947,944

Data from Wednesday to Tuesday, Ending June 20, 2012

Hoboken

26 Properties Came on the Market This Week vs 32 last week

262 Active listings

227 Under contract

14 Properties Went Into Contract This Week vs 16 last week

13 Properties Sold This Week vs 10 Last Week

500

450

400

Absorption rate

350

300

Active listings

250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12
19-Jun-12

The absorption rate is 20.15 weeks. That is it would take 20.15 weeks at the current rate of sales to sell off the current inventory. Last week
that was 27.30 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update June 20, 2012

South West
(South of 7th and West of Clinton)

1BR

%
29%

$/Sq Ft
$499

Sq Ft
632

Avg Price
$310,044

2BR

46%

$451

1,195

3BR

17%

$487

1,526

North West
(North of 7th and West of Clinton)

1BR

%
33%

$/Sq Ft
$481

Sq Ft
806

Avg Price
$372,150

$532,562

2B

61%

$487

1272

$619,855

$752,288

3BR

6%

$520

1,900

$989,000

South East
(South of 7th and East of Clinton)

1BR

%
42%

$/Sq Ft
$575

Sq Ft
673

Avg Price
$381,767

2BR

28%

$546

1,095

3BR

14%

$475

1,560

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
26%
$536

Sq Ft
691

Avg Price
$382,078

$631,883

2BR

51%

$618

1,134

$751,551

$741,450

3BR

11%

$606

1,652

$990,150

Data from Wednesday to Tuesday, Ending June 13, 2012

Hoboken

32 Properties Came on the Market This Week vs 22 last week

273 Active listings

223 Under contract

16 Properties Went Into Contract This Week vs 12 last week

10 Properties Sold This Week vs 17 Last Week

500

450

400

Absorption rate

350

300
Active listings

250

200

150
Sold listings last
week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12
12-Jun-12

The absorption rate is 27.30 weeks. That is it would take 27.30 weeks at the current rate of sales to sell off the current inventory. Last week
that was 15.88 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update June 13, 2012

South West
(South of 7th and West of Clinton)

1BR

%
26%

$/Sq Ft
$511

Sq Ft
630

Avg Price
$315,483

2BR

50%

$445

1,213

3BR

16%

$489

1,571

North West
(North of 7th and West of Clinton)

1BR

%
30%

$/Sq Ft
$487

Sq Ft
776

Avg Price
$357,371

$533,728

2B

61%

$470

1324

$615,171

$777,907

3BR

9%

$494

1,725

$857,000

South East
(South of 7th and East of Clinton)

1BR

%
36%

$/Sq Ft
$574

Sq Ft
678

Avg Price
$386,487

2BR

38%

$538

1,138

3BR

11%

$520

1,582

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
28%
$536

Sq Ft
696

Avg Price
$381,781

$635,329

2BR

51%

$609

1,156

$750,146

$814,440

3BR

10%

$606

1,666

$1,067,100

Data from Wednesday to Tuesday, Ending June 6, 2012

Hoboken

26 Properties Came on the Market This Week vs 13 last week

270 Active listings

222 Under contract

12 Properties Went Into Contract This Week vs 8 last week

17 Properties Sold This Week vs 10 Last Week

500

450

Absorption rate

400

350

300
Active listings
250

200

150

Sold listings last

week

100

50

7-Jun-11
14-Jun-11
21-Jun-11
28-Jun-11
5-Jul-11
12-Jul-11
19-Jul-11
26-Jul-11
2-Aug-11
9-Aug-11
16-Aug-11
23-Aug-11
30-Aug-11
6-Sep-11
13-Sep-11
20-Sep-11
27-Sep-11
4-Oct-11
11-Oct-11
18-Oct-11
25-Oct-11
1-Nov-11
8-Nov-11
15-Nov-11
22-Nov-11
29-Nov-11
6-Dec-11
13-Dec-11
20-Dec-11
27-Dec-11
3-Jan-12
10-Jan-12
17-Jan-12
24-Jan-12
31-Jan-12
7-Feb-12
14-Feb-12
21-Feb-12
28-Feb-12
6-Mar-12
13-Mar-12
20-Mar-12
27-Mar-12
3-Apr-12
10-Apr-12
17-Apr-12
24-Apr-12
1-May-12
8-May-12
15-May-12
22-May-12
29-May-12
5-Jun-12

The absorption rate is 15.88 weeks. That is it would take 15.88 weeks at the current rate of sales to sell off the current inventory. Last week that
was 27.30 weeks so it looks like the market is swinging back to buyers.
Hoboken Absorption Rate Update June 6, 2012

South West
(South of 7th and West of Clinton)

1BR

%
30%

$/Sq Ft
$502

Sq Ft
629

Avg Price
$310,204

2BR

46%

$447

1,218

3BR

16%

$496

1,572

North West
(North of 7th and West of Clinton)

1BR

%
32%

$/Sq Ft
$487

Sq Ft
763

Avg Price
$357,371

$538,603

2B

64%

$463

1303

$596,207

$778,579

3BR

5%

$467

1,452

$789,900

South East
(South of 7th and East of Clinton)

1BR

%
36%

$/Sq Ft
$564

Sq Ft
684

Avg Price
$382,927

2BR

45%

$543

1,147

3BR

14%

$449

1,535

North East
(North of 7 Street and East of Clinton)
th

1BR

% $/Sq Ft
29%
$535

Sq Ft
717

Avg Price
$393,687

$643,379

2BR

53%

$575

1,109

$661,529

$765,367

3BR

8%

$646

1,803

$1,168,857