Hoboken Market Trends

The Hoboken Weekly Market Report has been updated below to reflect data through 8/14/22. 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, which is typical during this time of year. Absorption rate (which measures how quickly inventory is moving) shows all categories of homes (1, 2 and 3+ Condos and Multi Family) are a Seller’s Market, except for 1 Family homes, which are just above the threshold for a neutral market.

The Rakela Team
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