Data from Wednesday to Tuesday, Ending December 12, 2012

Hoboken

10 Properties Came on the Market This Week vs8last week

135 Active listings

163 Under contract

13Properties Went Into Contract This Week vs8 last week

13Properites sold this Weekvs19 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 take10.38weeks 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)

North West
(North of 7th and West of Clinton)
1BR

%
18%

$/Sq Ft
$570

SqFt
741

Avg Price
$409,500

$494,467

2B

73%

$505

1060

$492,625

$716,300

3BR

0%

$0

$0

1BR

%
37%

$/Sq Ft
$490

SqFt
641

Avg Price
$309,343

2BR

47%

$482

1060

3BR

8%

$460

1,530

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

1BR

%
39%

$/Sq Ft
$583

2BR

36%

3BR

11%

SqFt
799

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

Avg Price
$477,173

1BR

% $/Sq Ft
29%
$535

$698

1,391 $1,045,300

2BR

45%

$565

2,095

3BR

14%

1,195,667

SqFt
763

Avg Price
425,405

$696

1,277

$950,668

$751

1,702

$1,368,125

Data from Wednesday to Tuesday, Ending December 05, 2012

Hoboken

8 Properties Came on the Market This Week vs7 last week

143 Active listings

165 Under contract

8 Properties Went Into Contract This Week vs3 last week

19 Properites sold this Weekvs1 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)

North West
(North of 7th and West of Clinton)
1BR

%
9%

$/Sq Ft
$641

SqFt
546

Avg Price
$350,000

$514,317

2B

82%

$513

1115

$530,000

$716,300

3BR

0%

$0

$0

1BR

%
34%

$/Sq Ft
$486

SqFt
677

Avg Price
$325,653

2BR

52%

$486

1085

3BR

07%

$460

1,530

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

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

1BR

%
32%

$/Sq Ft
$601

SqFt
786

Avg Price
$484,900

1BR

% $/Sq Ft
31%
$551

SqFt
756

Avg Price
435,443

2BR

45%

$639

1,349

$921,286

2BR

47%

$658

1,212

$856,478

3BR

10%

$565

2,095

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 vs14 last week

148 Active listings

181 Under contract

3 Properties Went Into Contract This Week vs18 last week

1 Properites sold this Weekvs13 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)

North West
(North of 7th and West of Clinton)
1BR

%
8%

$/Sq Ft
$641

SqFt
546

Avg Price
$350,000

$510,014

2B

85%

$510

1181

$563,636

$819,300

3BR

0%

$0

$0

1BR

%
33%

$/Sq Ft
$482

SqFt
686

Avg Price
$326,843

2BR

52%

$483

1085

3BR

07%

$501

1,624

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

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

1BR

%
34%

$/Sq Ft
$584

SqFt
791

Avg Price
$476,355

1BR

% $/Sq Ft
28%
$555

SqFt
748

Avg Price
435,234

2BR

44%

$646

1,335

$922,643

2BR

46%

$653

1,194

$831,120

3BR

9%

$565

2,095

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 vs13 last week

150 Active listings

177 Under contract

8 Properties Went Into Contract This Week vs12 last week

13 Properites sold this Weekvs4 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)

North West
(North of 7th and West of Clinton)
1BR

%
21%

$/Sq Ft
$566

SqFt
683

Avg Price
$383,000

$512,578

2B

71%

$503

1203

$562,500

$819,300

3BR

0%

$0

$0

1BR

%
31%

$/Sq Ft
$477

SqFt
687

Avg Price
$324,369

2BR

55%

$478

1099

3BR

07%

$501

1,624

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

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

1BR

%
33%

$/Sq Ft
$584

SqFt
791

Avg Price
$476,355

1BR

% $/Sq Ft
28%
$545

SqFt
749

Avg Price
428,587

2BR

45%

$635

1,330

$901,800

2BR

44%

$648

1,192

$823,977

3BR

9%

$565

2,095

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 Weekvs04 last week

143 Active listings

195 Under contract

12 Properties Went Into Contract This Week vs1 last week

4 Properites sold this Weekvs2 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)

North West
(North of 7th and West of Clinton)
1BR

%
23%

$/Sq Ft
$556

SqFt
683

Avg Price
$383,000

$530,923

2B

69%

$501

1208

$558,889

$874,225

3BR

0%

$0

$0

1BR

%
24%

$/Sq Ft
$487

SqFt
658

Avg Price
$316,867

2BR

59%

$483

1131

3BR

11%

$512

1,693

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

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

1BR

%
29%

$/Sq Ft
$602

SqFt
812

Avg Price
$504,433

1BR

% $/Sq Ft
27%
$505

SqFt
774

Avg Price
446,764

2BR

48%

$635

1,330

$901,800

2BR

45%

$665

1,234

$867,799

3BR

10%

$565

2,095

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 vs11 last week

152 Active listings

182 Under contract

1 Properties Went Into Contract This Week vs14 last week

2Properites sold this Weekvs3 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 7, 2012

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

North West
(North of 7th and West of Clinton)
1BR

%
25%

$/Sq Ft
$556

SqFt
775

Avg Price
$421,333

$509,929

2B

67%

$495

1153

$557,125

$788,838

3BR

0%

$0

$0

1BR

%
28%

$/Sq Ft
$493

SqFt
655

Avg Price
$319,942

2BR

56%

$482

1075

3BR

12%

$522

1,646

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

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

1BR

%
30%

$/Sq Ft
$602

SqFt
812

Avg Price
$504,433

1BR

% $/Sq Ft
25%
$543

SqFt
784

Avg Price
449,234

2BR

43%

$651

1,359

$948,308

2BR

43%

$638

1,184

$805,288

3BR

13%

$540

1,804

$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 vs18last week

155 Active listings

177 Under contract

14Properties Went Into Contract This Week vs11 last week

3 Properties Sold This Weekvs12 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)

North West
(North of 7th and West of Clinton)
1BR

%
27%

$/Sq Ft
$556

SqFt
775

Avg Price
$421,333

$509,929

2B

64%

$500

1132

$551,125

$862,540

3BR

0%

$0

$0

1BR

%
31%

$/Sq Ft
$497

SqFt
638

Avg Price
$313,807

2BR

53%

$482

1075

3BR

11%

$522

1,646

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

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

1BR

%
32%

$/Sq Ft
$593

SqFt
799

Avg Price
$490,340

1BR

% $/Sq Ft
26%
$541

SqFt
786

Avg Price
447,888

2BR

42%

$651

1,359

$948,308

2BR

44%

$660

1,216

$850,645

3BR

13%

$540

1,804

$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 vs17last week

162 Active listings

177 Under contract

11Properties Went Into Contract This Week vs14 last week

12 Properties Sold This Weekvs9 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)

North West
(North of 7th and West of Clinton)
1BR

%
25%

$/Sq Ft
$566

SqFt
775

Avg Price
$421,333

$515,846

2B

67%

$496

1152

$557,125

$854,600

3BR

0%

$0

$0

1BR

%
30%

$/Sq Ft
$497

SqFt
638

Avg Price
$313,807

2BR

50%

$485

1081

3BR

13%

$516

1,650

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

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

1BR

%
34%

$/Sq Ft
$573

SqFt
824

Avg Price
$482,945

1BR

% $/Sq Ft
26%
$546

SqFt
744

Avg Price
442,362

2BR

41%

$607

1,308

$840,615

2BR

46%

$650

1,206

$829,163

3BR

16%

$530

1,777

$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 vs25last week

161 Active listings

176 Under contract

14Properties Went Into Contract This Week vs16 last week

9 Properties Sold This Weekvs14 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)

North West
(North of 7th and West of Clinton)
1BR

%
31%

$/Sq Ft
$563

SqFt
744

Avg Price
$411,000

$505,973

2B

62%

$486

1174

$556,612

$806,800

3BR

0%

$0

$0

1BR

%
31%

$/Sq Ft
$497

SqFt
655

Avg Price
$322,956

2BR

51%

$484

1068

3BR

14%

$496

1,612

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

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

1BR

%
45%

$/Sq Ft
$539

SqFt
733

Avg Price
$407,907

1BR

% $/Sq Ft
29%
$527

SqFt
763

Avg Price
418,894

2BR

31%

$635

1,333

$926,556

2BR

42%

$650

1,177

$822,599

3BR

14%

$497

1,592

$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 vs27last week

162 Active listings

175 Under contract

16Properties Went Into Contract This Week vs14 last week

14 Properties Sold This Weekvs20 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)

North West
(North of 7th and West of Clinton)
1BR

%
21%

$/Sq Ft
$586

SqFt
685

Avg Price
$396,333

$521,253

2B

64%

$484

1173

$555,878

$741,450

3BR

0%

$0

$0

1BR

%
28%

$/Sq Ft
$490

SqFt
671

Avg Price
$327,087

2BR

50%

$465

1135

3BR

15%

$490

1,489

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

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

1BR

%
37%

$/Sq Ft
$530

SqFt
762

Avg Price
$419,535

1BR

% $/Sq Ft
28%
$508

SqFt
722

Avg Price
380,792

2BR

33%

$622

1,302

$885,390

2BR

45%

$663

1,222

$870,490

3BR

17%

$501

1,641

$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 vs20 last week

167 Active listings

175 Under contract

14 Properties Went Into Contract This Weekvs16 last week

20 Properties Sold This Weekvs10 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)

North West
(North of 7th and West of Clinton)
1BR

%
23%

$/Sq Ft
$575

SqFt
663

Avg Price
$376,333

$542,207

2B

77%

$479

1176

$553,290

$757,511

3BR

0%

$0

$0

1BR

%
29%

$/Sq Ft
$489

SqFt
651

Avg Price
$316,595

2BR

51%

$464

1178

3BR

14%

$490

1,526

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

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

1BR

%
38%

$/Sq Ft
$525

SqFt
760

Avg Price
$409,672

1BR

% $/Sq Ft
25%
$566

SqFt
807

Avg Price
460,950

2BR

31%

$620

1,313

$899,544

2BR

46%

$673

1,222

$882,794

3BR

17%

$510

1,612

$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 vs11last week

171 Active listings

181 Under contract

16Properties Went Into Contract This Week vs11 last week

10 Properties Sold This Weekvs8 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

SqFt
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)

%
8%

$/Sq Ft
$641

SqFt
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

%
41%

$/Sq Ft
$525

SqFt
739

Avg Price
$397,921

1BR

% $/Sq Ft
34%
$517

SqFt
705

Avg Price
375,598

2BR

29%

$545

1,211

$703,400

2BR

42%

$682

1,257

$912,564

3BR

15%

$516

1,713

$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 vs19last week

172 Active listings

178 Under contract

11Properties Went Into Contract This Week vs13 last week

8 Properties Sold This Weekvs13 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)

North West
(North of 7th and West of Clinton)
1BR

%
9%

$/Sq Ft
$641

SqFt
546

Avg Price
$350,00

$562,473

2B

91%

$475

1192

$555,500

$726,300

3BR

0%

$0

$0

1BR

%
31%

$/Sq Ft
$486

SqFt
649

Avg Price
$313,358

2BR

48%

$463

1219

3BR

15%

$472

1,512

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

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

1BR

%
42%

$/Sq Ft
$511

SqFt
761

Avg Price
$398,206

1BR

% $/Sq Ft
31%
$523

SqFt
700

Avg Price
379,063

2BR

27%

$554

1,144

$682,544

2BR

44%

$667

1,281

$904,532

3BR

15%

$475

1,930

$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 vs10 last week

180 Active listings

177 Under contract

13 Properties Went Into Contract This Week vs8 last week

13 Properties Sold This Weekvs23 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)

North West
(North of 7th and West of Clinton)
1BR

%
7%

$/Sq Ft
$641

SqFt
546

Avg Price
$350,00

$572,507

2B

86%

$479

1187

$559,000

$726,300

3BR

7%

$434

1,332

$579,000

1BR

%
32%

$/Sq Ft
$499

SqFt
650

Avg Price
$319,185

2BR

48%

$462

1244

3BR

14%

$472

1,512

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

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

1BR

%
41%

$/Sq Ft
$572

SqFt
771

Avg Price
$444,135

1BR

% $/Sq Ft
30%
$516

SqFt
710

Avg Price
379,913

2BR

29%

$554

1,144

$677,280

2BR

46%

$650

1,250

$851,207

3BR

14%

$483

1,930

$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 vs12last week

182 Active listings

183 Under contract

8Properties Went Into Contract This Weekvs4 last week

23 Properties Sold This Weekvs15 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)

North West
(North of 7th and West of Clinton)
1BR

%
7%

$/Sq Ft
$641

SqFt
746

Avg Price
$350,00

$577,188

2B

80%

$482

1116

$524,561

$736,160

3BR

13%

$457

1,426

$654,500

1BR

%
32%

$/Sq Ft
$501

SqFt
636

Avg Price
$313,979

2BR

42%

$461

1257

3BR

17%

$481

1,507

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

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

1BR

%
41%

$/Sq Ft
$574

SqFt
744

Avg Price
$431,646

1BR

% $/Sq Ft
31%
$519

SqFt
735

Avg Price
397,323

2BR

30%

$539

1,210

$692,073

2BR

44%

$659

1,258

$869,475

3BR

16%

$497

1,742

$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 Weekvs10 last week

191 Active listings

198 Under contract

4 Properties Went Into Contract This Weekvs8 last week

15 Properties Sold This Weekvs17 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)

North West
(North of 7th and West of Clinton)
1BR

%
14%

$/Sq Ft
$532

SqFt
795

Avg Price
$392,00

$551,418

2B

79%

$482

1111

$521,430

$736,418

3BR

7%

$479

1,521

$730,000

1BR

%
32%

$/Sq Ft
$499

SqFt
630

Avg Price
$310,100

2BR

43%

$455

1212

3BR

17%

$484

1,501

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

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

1BR

%
41%

$/Sq Ft
$588

SqFt
727

Avg Price
$431,849

1BR

% $/Sq Ft
30%
$521

SqFt
735

Avg Price
398,446

2BR

26%

$617

1,318

$878,780

2BR

48%

$659

1,219

$878,735

3BR

18%

$476

1,697

$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 vs12 last week

201 Active listings

198 Under contract

8 Properties Went Into Contract This Weekvs7 last week

17 Properties Sold This Weekvs15 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)

North West
(North of 7th and West of Clinton)
1BR

%
14%

$/Sq Ft
$532

SqFt
795

Avg Price
$392,00

$531,468

2B

71%

$489

1125

$534,573

$736,508

3BR

14%

$453

1,433

$652,500

1BR

%
32%

$/Sq Ft
$501

SqFt
627

Avg Price
$310,091

2BR

41%

$459

1168

3BR

18%

$482

1,500

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

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

1BR

%
36%

$/Sq Ft
$589

SqFt
727

Avg Price
$434,339

1BR

% $/Sq Ft
34%
$529

SqFt
740

Avg Price
405,272

2BR

29%

$591

1,312

$831,317

2BR

44%

$671

1,230

$901,632

3BR

17%

$476

1,697

$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 vs16 last week

208 Active listings

206 Under contract

7 Properties Went Into Contract This Week vs21 last week

15 Properties Sold This Weekvs11 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)

North West
(North of 7th and West of Clinton)
1BR

%
15%

$/Sq Ft
$445

SqFt
977

Avg Price
$432,450

$509,733

2B

62%

$494

1115

$532,125

$733,717

3BR

15%

$453

1,433

$652,500

1BR

%
35%

$/Sq Ft
$488

SqFt
678

Avg Price
$322,200

2BR

42%

$452

1137

3BR

17%

$491

1,510

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

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

1BR

%
36%

$/Sq Ft
$578

SqFt
737

Avg Price
$430,679

1BR

% $/Sq Ft
33%
$537

SqFt
742

Avg Price
408,628

2BR

26%

$599

1,338

$859,709

2BR

45%

$660

1,225

$881,524

3BR

21%

$466

1,693

$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 vs20last week

213 Active listings

216 Under contract

21Properties Went Into Contract This Week vs10 last week

11 Properties Sold This Weekvs23 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)

North West
(North of 7th and West of Clinton)
1BR

%
25%

$/Sq Ft
$490

SqFt
827

Avg Price
$394,633

$505,567

2B

58%

$491

1189

$573,143

$733,717

3BR

17%

$453

1,433

$652,500

1BR

%
37%

$/Sq Ft
$497

SqFt
684

Avg Price
$329,214

2BR

40%

$457

1120

3BR

16%

$491

1,510

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

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

1BR

%
33%

$/Sq Ft
$581

SqFt
737

Avg Price
$432,620

1BR

% $/Sq Ft
32%
$537

SqFt
763

Avg Price
424,271

2BR

29%

$583

1,289

$801,592

2BR

48%

$668

1,216

$889,626

3BR

20%

$466

1,693

$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 vs17 last week

229 Active listings

213 Under contract

10 Properties Went Into Contract This Week vs13 last week

23 Properties Sold This Weekvs7 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)

North West
(North of 7th and West of Clinton)
1BR

%
19%

$/Sq Ft
$484

SqFt
840

Avg Price
$394,667

$514,376

2B

63%

$483

1189

$561,800

$768,240

3BR

19%

$476

1,589

$764,667

1BR

%
33%

$/Sq Ft
$499

SqFt
662

Avg Price
$318,675

2BR

40%

$463

1129

3BR

21%

$483

1,621

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

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

1BR

%
30%

$/Sq Ft
$588

SqFt
685

Avg Price
$414,236

1BR

% $/Sq Ft
29%
$547

SqFt
766

Avg Price
433,959

2BR

28%

$591

1,216

$773,900

2BR

47%

$663

1,217

$880,407

3BR

21%

$467

1,705

$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 vs25 last week

221 Active listings

230 Under contract

13 Properties Went Into Contract This Week vs10 last week

7 Properties Sold This Weekvs12 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)

North West
(North of 7th and West of Clinton)
1BR

%
17%

$/Sq Ft
$484

SqFt
840

Avg Price
$394,667

$552,190

2B

67%

$489

1194

$574,908

$768,507

3BR

17%

$480

1,589

$771,000

1BR

%
32%

$/Sq Ft
$495

SqFt
655

Avg Price
$313,874

2BR

40%

$471

1193

3BR

21%

$483

1,621

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

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

1BR

%
30%

$/Sq Ft
$555

SqFt
677

Avg Price
$415,331

1BR

% $/Sq Ft
24%
$532

SqFt
712

Avg Price
394,157

2BR

27%

$566

1,210

$785,967

2BR

50%

$659

1,199

$866,725

3BR

23%

$597

1,705

$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 vs17last week

243 Active listings

216 Under contract

10Properties Went Into Contract This Week vs19 last week

12 Properties Sold This Weekvs7 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)

North West
(North of 7th and West of Clinton)
1BR

%
18%

$/Sq Ft
$499

SqFt
833

Avg Price
$405,975

$528,308

2B

68%

$467

1230

$566,093

$769,440

3BR

14%

$480

1,589

$771,000

1BR

%
34%

$/Sq Ft
$506

SqFt
657

Avg Price
$324,789

2BR

41%

$464

1155

3BR

18%

$492

1,580

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

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

1BR

%
32%

$/Sq Ft
$587

SqFt
672

Avg Price
$407,771

1BR

% $/Sq Ft
29%
$529

SqFt
706

Avg Price
385,072

2BR

27%

$563

1,106

$648,883

2BR

50%

$637

1,134

$770,640

3BR

23%

$469

1,705

$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 vs20last week

242 Active listings

214 Under contract

19Properties Went Into Contract This Week vs14 last week

7 Properties Sold This Weekvs19 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)

North West
(North of 7th and West of Clinton)
1BR

%
19%

$/Sq Ft
$499

SqFt
833

Avg Price
$405,975

$544,081

2B

67%

$482

1194

$567,314

$762,100

3BR

14%

$487

1,688

$826,000

1BR

%
35%

$/Sq Ft
$0

SqFt
643

Avg Price
$316,754

2BR

40%

$462

1195

3BR

19%

$494

1,526

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

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

1BR

%
36%

$/Sq Ft
$587

SqFt
672

Avg Price
$407,771

1BR

% $/Sq Ft
29%
$530

SqFt
698

Avg Price
382,419

2BR

31%

$559

1,154

$674,467

2BR

48%

$637

1,165

$800,077

3BR

21%

$446

1,634

$717,338

3BR

9%

$573

1,652

$968,937

Data from Wednesday to Tuesday, Ending July4, 2012

Hoboken

20Properties Came on the Market This Week vs19 last week

255 Active listings

208 Under contract

14Properties Went Into Contract This Weekvs13 last week

19 Properties Sold This Weekvs18 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)

North West
(North of 7th and West of Clinton)
1BR

%
25%

$/Sq Ft
$475

SqFt
894

Avg Price
$409,580

$529,845

2B

60%

$492

1198

$582,450

$739,177

3BR

15%

$487

1,688

$826,000

1BR

%
32%

$/Sq Ft
$506

SqFt
632

Avg Price
$311,433

2BR

42%

$464

1,157

3BR

20%

$485

1,503

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

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

1BR

%
37%

$/Sq Ft
$589

SqFt
663

Avg Price
$400,550

1BR

% $/Sq Ft
31%
$531

SqFt
703

Avg Price
$383,268

2BR

28%

$556

1,164

$678,225

2BR

47%

$632

1,165

$790,806

3BR

21%

$448

1,592

$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 vs26 last week

258 Active listings

219 Under contract

13 Properties Went Into Contract This Week vs14 last week

18 Properties Sold This Weekvs13 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)

North West
(North of 7th and West of Clinton)
1BR

%
35%

$/Sq Ft
$492

SqFt
854

Avg Price
$403,817

$528,439

2B

59%

$485

1284

$623,340

$733,667

3BR

6%

$520

1,900

$989,000

1BR

%
31%

$/Sq Ft
$499

SqFt
633

Avg Price
$310,785

2BR

43%

$460

1,165

3BR

20%

$481

1,506

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

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

1BR

%
40%

$/Sq Ft
$588

SqFt
661

Avg Price
$398,165

1BR

% $/Sq Ft
27%
$528

SqFt
695

Avg Price
$377,684

2BR

26%

$557

1,143

$669,427

2BR

50%

$612

1,120

$737,402

3BR

19%

$462

1,575

$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 vs32 last week

262 Active listings

227 Under contract

14 Properties Went Into Contract This Week vs16 last week

13 Properties Sold This Weekvs10 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)

North West
(North of 7th and West of Clinton)
1BR

%
33%

$/Sq Ft
$481

SqFt
806

Avg Price
$372,150

$532,562

2B

61%

$487

1272

$619,855

$752,288

3BR

6%

$520

1,900

$989,000

1BR

%
29%

$/Sq Ft
$499

SqFt
632

Avg Price
$310,044

2BR

46%

$451

1,195

3BR

17%

$487

1,526

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

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

1BR

%
42%

$/Sq Ft
$575

SqFt
673

Avg Price
$381,767

1BR

% $/Sq Ft
26%
$536

SqFt
691

Avg Price
$382,078

2BR

28%

$546

1,095

$631,883

2BR

51%

$618

1,134

$751,551

3BR

14%

$475

1,560

$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 Weekvs22 last week

273 Active listings

223 Under contract

16 Properties Went Into Contract This Weekvs12 last week

10 Properties Sold This Weekvs17 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)

North West
(North of 7th and West of Clinton)
1BR

%
30%

$/Sq Ft
$487

SqFt
776

Avg Price
$357,371

$533,728

2B

61%

$470

1324

$615,171

$777,907

3BR

9%

$494

1,725

$857,000

1BR

%
26%

$/Sq Ft
$511

SqFt
630

Avg Price
$315,483

2BR

50%

$445

1,213

3BR

16%

$489

1,571

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

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

1BR

%
36%

$/Sq Ft
$574

SqFt
678

Avg Price
$386,487

1BR

% $/Sq Ft
28%
$536

SqFt
696

Avg Price
$381,781

2BR

38%

$538

1,138

$635,329

2BR

51%

$609

1,156

$750,146

3BR

11%

$520

1,582

$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 vs13 last week

270 Active listings

222 Under contract

12 Properties Went Into Contract This Week vs8 last week

17 Properties Sold This Weekvs10 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)

North West
(North of 7th and West of Clinton)
1BR

%
32%

$/Sq Ft
$487

SqFt
763

Avg Price
$357,371

$538,603

2B

64%

$463

1303

$596,207

$778,579

3BR

5%

$467

1,452

$789,900

1BR

%
30%

$/Sq Ft
$502

SqFt
629

Avg Price
$310,204

2BR

46%

$447

1,218

3BR

16%

$496

1,572

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

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

1BR

%
36%

$/Sq Ft
$564

SqFt
684

Avg Price
$382,927

1BR

% $/Sq Ft
29%
$535

SqFt
717

Avg Price
$393,687

2BR

45%

$543

1,147

$643,379

2BR

53%

$575

1,109

$661,529

3BR

14%

$449

1,535

$765,367

3BR

8%

$646

1,803

$1,168,857