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Weehawken, NJ 07086

Condos/Townhomes

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Weehawken, NJ 07086

Fri Oct 18 2024
This week the median list price for Weehawken, NJ 07086 is $687,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 18. Click here to stay informed with the Weehawken market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Weehawken, NJ 07086

Fri Oct 18 2024
This week the median list price for Weehawken, NJ 07086 is $687,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 18. Click here to stay informed with the Weehawken market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Weehawken market.
Median List Price $687,000
Median Price of New Listings $499,000
Per Square Foot $762
Average Days on Market 96
Median Days on Market 67
Price Decreased 17%
Price Increased 0%
Relisted 33%
Inventory 18
Median Rent
Market Action 43
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,174,000 2,411 - 3 3 14 0 0 115
$1,143,899 1,421 - 2 2.5 24 0 1 49
$675,000 862 - 1 1 34 0 0 35
$418,000 940 - 2 1 24 2 0 133