The prices in real estate in Hoboken, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Hoboken has remained the same in the last 6 months. In March, the average price per sq.feet was $902. In April this price pretty much remained the same at a value of $904 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $903 to $896.5 per sq.feet. The price per sq.feet has decreased 90 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $899.75 to $809 during July, and August.
Based upon to the price in Hoboken (cities), these have remained the same in the last 6 months. The price in March is $1,148,030, rising in April till $1,233,684. In the following two months the average price has remained the same with regard to the previous two months from $1,190,857 to $1,172,479.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $1,181,668.25 to $1,082,039.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,095,902 they are 31 % more affordable than the average price for Hoboken. The properties with the highest average price have 4 bedrooms, Their price is 138 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,686,333.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $901 / sq.feet, with an average $795 / sq.feet price in Hoboken. The properties with the highest average prices have 2 bedrooms. They are 44 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,082 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,095,902 it is 33 % cheaper than the average price in Hoboken. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,176,124 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $814 / sq.feet followed by "Apartment" priced at $871 / sq.feet. "Condo" is the most costly type of property with a $7,214 / sq.feet cost followed by "Land" with an average price of $7,134 / sq.feet.