Year in Review 2023 Renée Condon Group

2023

HOBOKEN & JERSEY CITY MARKET UPDATE

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2023 RECAP

OUR MISSION

THE RENÉE CONDON GROUP TEAM STATS

60 23

WE HELP BUILD COMMUNITIES ONE PERSON AT A TIME

CLIENTS PROUDLY SERVED

WITH OVER 2 DECADES OF EXPERIENCE, THE RENÉE CONDON GROUP IS DEDICATED TO GIVING EACH CLIENT THE HIGHEST LEVEL OF SERVICE, INTEGRITY, AND TRUST.

AVERAGE DAYS ON MARKET SALES PRICE VS LIST PRICE RATIO

99.2% MILLION $34.5

IN SALES VOLUME

MEET THE TEAM

CHRISTOPHER HARTNETT

RENÉE CONDON

ALAINA MUELLER

SALES ASSOCIATE

BROKER ASSOCIATE

OPERATIONS

SHANNA AKOKO

KATIE BRANTMEYER

OPERATIONS

SOCIAL MEDIA CONSULTANT

THE RENÉE CONDON GROUP

2023

LISTED & SOLD

30 CAMBRIDGE AVE

1025 MAXWELL LANE #1002

1120 HUDSON ST #2

334.5 8TH ST

LISTED: $839,000

SOLD: $1,930,000

SOLD: $950,000

SOLD: $1,425,000

223 8TH ST

614B GREGORY AVE

212 PARK AVE

238 YORK ST

SOLD: $1,725,000

SOLD: $1,050,000

SOLD: $2,300,000

LISTED & SOLD: $750,000

501 ADAMS ST #5G

207 BLOOMFIELD ST

206 6TH ST #1R

242 BARROW ST #2E

SOLD: $832,000

LISTED & SOLD: $2,700,000

SOLD: $599,000

SOLD: $625,000

1216 BLOOMFIELD ST #2

818 WILLOW AVE #5L

414 JEFFERSON ST #4

830 MONROE ST #4D

SOLD: $1,350,000

SOLD: $675,000

SOLD: $3,000,000

SOLD: $845,000

829 WASHINGTON ST #PHB

1701 KENNEDY BLVD

727 JEFFERSON ST #2

816 WILLOW AVE #2L

SOLD: $1,580,000

SOLD: $575,000

SOLD: $999,000

LISTED & SOLD: $1,039,000

518-530 GREGORY AVE #B306

329 VARICK ST

1300 GRAND ST #321

27 48TH ST

LISTED: $459,000

SOLD: $1,400,000

SOLD: $945,321

SOLD: $872,000

HOBOKEN SINGLE FAMILY

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,999,425

$2,344,202

-15%

AVERAGE SOLD PRICE:

$1,964,825

$2,341,158

-16%

SOLD TO LIST PRICE:

98%

100%

-2%

VOLUME:

40

39

2.5%

AVERAGE DAYS ON MARKET:

25

28

-11%

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,891,699

$2,138,696

-12%

AVERAGE SOLD PRICE:

$1,820,705

$2,041,818

-11%

SOLD TO LIST PRICE:

96%

95%

1%

VOLUME:

17

33

-48%

AVERAGE DAYS ON MARKET:

61

52

15%

MULTI FAMILY

"BEFORE CHOOSING A REAL ESTATE AGENT, WE CONDUCTED A LOT OF RESEARCH TO SEE WHO WOULD BE THE BEST CHOICE BASED ON THE INVESTMENT THEY MAKE INTO SELLING THE PROPERTY AND HOW THEY PROMOTE THEIR LISTINGS. THE RENÉE CONDON GROUP STOOD OUT AS THE BEST HUDSON COUNTY HAS TO OFFER. SHE SPENT SO MUCH TIME ANSWERING OUR QUESTIONS, PROVIDING OBJECTIVE DATA REGARDING HOW MANY HOMES THEY SELL, HOW LONG THEIR LISTINGS TYPICALLY STAY ON THE MARKET, AND PROVIDING COMPS IN THE AREA. RENÉE MADE THE PROCESS INCREDIBLY EASY AND TOOK EXTRA STEPS MANY OTHER REALTORS DON'T. OUR LISTING LOOKED AMAZING AND KNOCKED OUT THE COMPETITION. THE THIRD FAMILY THAT SAW THE PROPERTY PUT IN AN OFFER. I'VE RECOMMENDED THE RENÉE CONDON GROUP TO EVERYONE I KNOW. SHE'S A TRUE PROFESSIONAL AND A GENUINELY GREAT PERSON." - ANDRE J.

CONDOS STATS

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$948,992

$904,568

5%

AVERAGE SOLD PRICE:

$957,713

$905,275

5%

SOLD TO LIST PRICE:

101%

100%

1%

VOLUME:

538

872

-38%

PRICE PER SQ. FT:

$836

$793

5%

AVERAGE DAYS ON MARKET:

22

27

-19%

HOBOKEN WATERFRONT MAXWELL PLACE STATS

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,538,789

$1,262,184

18%

AVERAGE SOLD PRICE:

$1,513,605

$1,253,773

17%

SOLD TO LIST PRICE:

98%

99%

-1%

VOLUME:

38

53

-28%

$1,094

$948

9%

30

52

-42%

PRICE PER SQ. FT: AVERAGE DAYS ON MARKET:

HUDSON TEA STATS

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$924,116

$895,668

3%

AVERAGE SOLD PRICE:

$941,688

$918,716

2%

SOLD TO LIST PRICE:

102%

103%

-1%

VOLUME:

16

42

-62%

PRICE PER SQ. FT:

$979

$890

9%

10

15

-31%

AVERAGE DAYS ON MARKET:

HARBORSIDE LOFTS | 1450 WASHINGTON | 1400 HUDSON STATS

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,145,393

$1,402,212

-18%

AVERAGE SOLD PRICE:

$1,147,477

$1,374,747

-17%

SOLD TO LIST PRICE:

100%

98%

2%

VOLUME:

24

43

-44%

PRICE PER SQ FT:

$984

$979

1%

AVERAGE DAYS ON MARKET:

20

28

-29%

"RENÉE AND HER TEAM INSTILLED US WITH CONFIDENCE FROM OUR FIRST MEETING THAT THEY WOULD DO BE THE BEST PARTNERS FOR SELLING OUR HOME. AFTER TALKING TO MULTIPLE REALTORS, IT WAS CLEAR THEY HAD THE RIGHT APPROACH AND NETWORK TO SELL OUR HOME AND DO SO FAST. AFTER ONE WEEKEND OF OPEN HOUSES, WE HAD 10 OFFERS AND 9 WERE OVER ASKING! NOT SURE THERE COULD BE A MORE RINGING ENDORSEMENT FOR THEIR PERFORMANCE!" - BOB A.

JERSEY CITY DOWNTOWN SINGLE FAMILY

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,632,107

$1,498,977

8%

AVERAGE SOLD PRICE:

$1,600,868

$1,488,667

7%

SOLD TO LIST PRICE:

98%

99%

-1%

VOLUME:

25

54

-54%

AVERAGE DAYS ON MARKET:

42

37

12%

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,599,339

$1,707,840

-6%

AVERAGE SOLD PRICE:

$1,576,052

$1,686,576

-7%

SOLD TO LIST PRICE:

99%

99%

0%

VOLUME:

48

52

-8%

AVERAGE DAYS ON MARKET:

32

51

-37%

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$857,053

$857,791

<1%

AVERAGE SOLD PRICE:

$856,079

$852,740

<1%

SOLD TO LIST PRICE:

100%

99%

1%

VOLUME:

468

644

-27%

PRICE PER SQ. FT:

$845

$809

4%

AVERAGE DAYS ON MARKET:

32

31

3%

MULTI FAMILY

CONDOS

JERSEY CITY WATERFRONT CRYSTAL POINT | 77 HUDSON | SHORE CLUBS | 75 PARK LANE | MANDALAY | PORTOFINO

CONDOS

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$1,044,580

$1,069,791

-2%

AVERAGE SOLD PRICE:

$1,033,969

$1,047,164

-1%

SOLD TO LIST PRICE:

99%

98%

1%

VOLUME:

70

100

-30%

AVERAGE PRICE PER SQ FT:

$1,003

$972

3%

AVERAGE DAYS ON MARKET:

34

60

-44%

JERSEY CITY HEIGHTS SINGLE FAMILY

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$831,261

$735,969

11%

AVERAGE SOLD PRICE:

$820,365

$753,447

8%

SOLD TO LIST PRICE:

99%

102%

-4%

VOLUME:

26

57

-54%

AVERAGE DAYS ON MARKET:

44

30

32%

2023

2022

CHANGE

$946,404

$916,279

3%

$933,749

$890,922

5%

99%

97%

2%

100

130

-23%

33

43

-23%

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$660,522

$623,305

6%

AVERAGE SOLD PRICE:

$658,638

$621,428

6%

SOLD TO LIST PRICE:

100%

100%

0%

VOLUME:

302

334

-10%

PRICE PER SQ. FT:

$512

$510

<1%

AVERAGE DAYS ON MARKET:

32

32

0%

MULTI FAMILY AVERAGE LISTING PRICE: AVERAGE SOLD PRICE: SOLD TO LIST PRICE: VOLUME: AVERAGE DAYS ON MARKET:

CONDOS

JERSEY CITY BERGEN LAFAYETTE HOUSES

2023

2022

CHANGE

CONDOS

2023

2022

CHANGE

AVERAGE LISTING PRICE:

$716,973

$717,194

<1%

AVERAGE LISTING PRICE:

$595,996

$546,615

8%

AVERAGE SOLD PRICE:

$711,394

$702,424

1%

AVERAGE SOLD PRICE:

$591,645

$541,518

8%

SOLD TO LIST PRICE:

99%

98%

1%

SOLD TO LIST PRICE:

99%

99%

0%

VOLUME:

52

40

23%

VOLUME:

31

32

<1%

AVERAGE DAYS ON MARKET:

34

32

6%

PRICE PER SQ. FT:

$474

$435

8%

AVERAGE DAYS ON MARKET:

51

41

20%

190 CHRISTOPHER COLUMBUS DR. JERSEY CITY, NJ 07302

RENÉE CONDON CELL: 917.754.4546 OFFICE: 201.433.1111 SUPPORT@RENEECONDONGROUP.COM WWW.RENEECONDONGROUP.COM EACH KELLER WILLIAMS OFFICE IS INDEPENDENTLY OWNED AND OPERATED. IF YOUR PROPERTY IS CURRENTLY LISTED WITH AN AGENT THIS IS NOT A SOLICITATION.

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