Monday, December 28

End of the year stats

So there are, as of 12/28/09, 441 residential properties for sale on the MLS.

Of those: 138 are one bedrooms
234 are two bedrooms - the lowest priced being 615 square feet and listed at $275,000 and the most expensive being a townhouse at 1126 Maxwell Lane at $2,207,000
45 are three bedrooms ranging from $469,000 at 1300 Park to $1,272,995.00 at 1125 Maxwell Lane (the new building at Maxwell Place)

DABOS (units sold but not yet closed) is way down from last month at 105 condos. It was about twice that last month.

It is not really a concern that the sales have slowed in December. Real estate is, of course, seasonal...sales drop off considerably from late October through January. But the DABO number is worth watching for the long haul..it is one of the best indications of the sate of the real estate marketplace.

Hoboken Realtor on Real Estate Now

Welcome to First Exit in New Jersey!

I am Stacey Morrison, a veteran of real estate sales in Hoboken, NJ. This blog is a straight-up discussion of real estate here from a Realtor's professional point of view.

Please feel free to write me with questions or comments. :)