Hudson County November 2020 Market Update

Copyright ©2020 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. Year over Year Month over Month Month over Month Nov 2019 Year over Year HUDSON COUNTY MARKET UPDATE Oct 2020 Month over Month 381 average SALES price number of new listings Nov 2020 Oct 2020 51 median listed price TOTAL SALES Month over Month NOVEMBER 2020 $510,000 Oct 2020 Year over Year Oct 2020 Nov 2019 Month over Month Nov 2019 $611,099 42 Year over Year $555,000 Nov 2020 $614,956 $598,000 Nov 2019 $555,000 Nov 2019 1,012 The Hudson County market remains strong with year over year increases in number of sales, median sales price, and average sales price combined with significant decreases in average days on market. Median listed prices are down year over year but slightly up month over month. Oct 2020 38 $548,500 Nov 2020 407 Month over Month Year over Year $549,950 Nov 2020 Oct 2020 median SALES price Year over Year Nov 2019 average days on market 385 565 Nov 2020 Nov 2020 $602,351 723 Total Sales in NOV 2020 Median Listed Price of Homes listed in NOV 2020 Median Sales Price of homes sold in NOV 2020 Bayonne 37 $479,000 $410,000 East Newark n/a n/a n/a Guttenberg 7 $372,000 $342,000 Harrison n/a $325,000 n/a n/a n/a 4 Hoboken 77 $736,500 $745,000 $845,991 32 116 Jersey City 152 $569,000 $585,000 $625,077 41 344 Bergen-Lafayette 3 $670,000 $702,500 $623,333 25 5 Downtown 51 $736,500 $800,000 $801,417 44 96 Greenville 25 $499,000 $450,000 $473,950 51 65 The Heights 36 $600,000 $628,500 $614,606 34 81 Journal Square 21 $499,000 $485,000 $535,067 41 69 West Bergen 16 $454,000 $425,000 $441,156 36 28 Kearny 5 $490,000 $490,000 $473,250 15 5 North Bergen 28 $489,000 $440,000 $474,375 31 64 Secaucus 14 $517,000 $542,500 $521,636 44 14 Union City 31 $425,000 $449,000 $443,578 37 47 Weehawken 13 $725,000 $795,000 $763,854 24 24 West New York 20 $515,000 $517,500 $469,500 59 37 Average Sales Price of homes sold in Nov 2020 Average Days on Market for homes sold in Nov 2020 New Listings in Nov 2020 $412,689 37 46 n/a n/a n/a $459,571 40 22 NOVEMBER 2020 Copyright ©2020 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. HUDSON COUNTY MARKET UPDATE