HOBOKEN WEEKLY MARKET REPORT

Hoboken Weekly Market Update

The Hoboken Weekly Market Report has been updated below to reflect data through 9/11/22. 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 1, 2 and 3+ Condos and 2/3/4 Family homes are a Seller’s Market, while 1 Family homes are a Buyer’s Market.

The Rakela Team
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