$8,253 Closing Credit*
$695,000
1,197 SqFt
2 Beds
•2 Full Baths
Listing Office: UNITED REAL ESTATE OF NORTH JERSEY
Is Weehawken, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Weehawken has remained a Buyer's Market.
Key Takeaway
Weehawken is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Weehawken, NJ
How much do homes in Weehawken, NJ cost?
Median Sold Price
$938,000
$714/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,000(+6.6%)
Key Takeaway
Homes in Weehawken have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Weehawken was $938,000 in November 2024, up 6.6% from last year, and the median price per square foot was $714.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $601.5K | $639K | +6.2% |
| 2 Bedrooms | $665K | $951.5K | +43.1% |
| 3 Bedrooms | $1.0M | $1.2M | +12.7% |
| 4 Bedrooms | $1.0M | $1.0M | -4.2% |
| 5+ Bedrooms | $1.3M | $1.7M | +23.5% |
Summary: Weehawken housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 43.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 23.5%.
Median Sold Price Compared To Nearby Cities
| Weehawken Township | $882.5K | $960K | +8.8% |
| West New York | $665K | $715K | +7.5% |
| Weehawken | $880K | $938K | +6.6% |
| Union City | $432.5K | $459.5K | +6.2% |
| Hoboken | $842.8K | $887.5K | +5.3% |
Housing Supply in Weehawken, NJ
How many homes are available in Weehawken, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 49 | -10.9% |
Summary: The Weehawken real estate market had 49 homes for sale in November 2024, a 10.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 3 | -57.1% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Weehawken housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 57.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Weehawken, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Weehawken in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Weehawken, NJ
How long does it take to sell a home in Weehawken, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 32 Days | +123.4% |
Summary: Homes in Weehawken had an average of 32 days on market in Nov 2024, up by 123.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weehawken are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Weehawken; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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