Who wins this month? Buyers or Sellers

How We Define a Buyer’s vs. Seller’s Market

A quick refresher:

• A seller’s market means homes are in short supply and demand is high. Sellers can often price aggressively, attract multiple offers, and negotiate favorable terms.

• A buyer’s market happens when inventory outpaces demand. Buyers have more leverage, price reductions are common, and homes take longer to sell.

• A balanced market sits somewhere in the middle.

In Hoboken, we often see micro-markets where conditions differ by price point, property type, and even neighborhood.

December 2025 Market Snapshot: Hoboken & Hudson County

Here’s what the local real estate data tells us right now:

🏘 Inventory Levels

• Hoboken’s active inventory is down 14% compared to last December.

• Limited new listings have kept competition high, especially for 2-bedroom condos and townhomes under $1.5M.

• Hudson County is hovering around 3 months’ supply, signaling a lean seller’s market.

📈 Home Prices

• The median sale price in Hoboken is currently $879,000, up 3.8% year-over-year.

• Downtown and uptown brownstone blocks are commanding premium prices, with some listings receiving 2–3 offers within a week.

⏱ Days on Market

• Homes in Hoboken are averaging 28 days on market, much faster than the Hudson County average of 41 days.

• Turnkey properties are moving in under 2 weeks.

💸 Buyer Behavior

• Interest rates have stabilized around 6.5%, encouraging more buyers to re-enter the market.

• Affordability remains a challenge, especially for first-time buyers or lower down-payment shoppers.

December Winner: Slight Edge to Sellers

Sellers currently have the advantage — especially in Hoboken.

Why?

• Low inventory gives sellers pricing power.

• Homes that show well are getting strong offers quickly.

• Buyers want to act before potential rate changes in early 2026.

Still, buyers can find opportunities with the right strategy.

What Sellers Should Know Right Now

Thinking of selling your home this winter?

1. List Now, Not Later
Fewer homes on the market means your listing stands out more. Motivated buyers are still active during the holidays and early winter months.

2. Stage and Price Strategically
Work with a hyper-local agent (like Brian Murray of Murray Property Group) who knows how to price based on exact street and building comps.

3. Expect Serious Offers
Today’s buyers are typically more financially prepared due to tighter lending conditions.

What Buyers Should Know Right Now

1. Look for Price Adjustments
Homes listed earlier in the fall may now be open to negotiation — especially if they’ve lingered on the market.

2. Be Ready to Act Fast
Pre-approval is a must. Many properties in Hoboken are still selling in under 10 days.

3. Work With a Local Expert
Brian Murray’s team knows which buildings offer the most value, how to navigate bidding wars, and where hidden deals still exist.

Key Neighborhood Trends to Watch

🏙 Downtown Hoboken

• Strong seller activity

• Condos under $1M moving in under 10 days

• Inventory is extremely tight

🌳 Uptown Hoboken (14th St. and north)

• Doorman buildings and newer condos are commanding top dollar

• Proximity to ferry and waterfront parks adds value

🧱 Brownstone Blocks (Garden, Bloomfield, Hudson)

• Luxury and historic homes attracting cash buyers

• Limited availability keeps prices high

The Bottom Line: Should You Buy or Sell This Month?

If you’re a seller, this is an ideal time to list before the spring rush.

If you’re a buyer, acting now — before rates or prices increase further — could give you a strategic edge.

Work With Hoboken’s Trusted Local Expert

Whether you’re buying or selling in Hoboken or Hudson County, work with a team that understands the local market in real time.

Brian Murray and the Murray Property Group bring expert pricing strategies, savvy marketing, and proven negotiation skills to every transaction.

📞 Ready to make a move?
Let’s talk about your real estate goals today.