HOBOKEN WEEKLY MARKET REPORT

The Hoboken Weekly Market Report has been updated below to reflect data through 11/6/22. Listings continue to come onto the market and move steadily from Active to Pending to Sold, with median days on market seeing a slight uptick, aside from studio and 1 BR condos which saw median days on market decrease. Absorption rate (which measures how quickly inventory is moving) reflects the Hoboken Market is a Seller’s Market, with the exception of 3BR condos that are a buyer’s market.

The Rakela Team
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