2021Q3 marks the shift of buyer's market to seller's market. As we await for more information and data from other firms, here's a glimpse of the data from Douglas Elliman. Manhattan +1.4% Increase in Median Sales Price -15.2 months of supply (due to huge increase in number of sales) +228.9% number of sales (number of sales tripled) + 9 days on market -3.3% Negotiability % of higher bidding...
2021
Brand New Building | 67 Stories | 802 Units | Winter 2020 Closing Suite price: from $660,000 1-bedroom Price: from $900,000 2-bedroom price: from 1.2 million 3-bedroom Price: from 2.4 million
Brand New | 66 Stories | 244 Units | Spring 2021 Closing 1 bedroom Price: from 1.3 million 2 bedroom Price: 1.9 million 3 room price: from 2.8 million 4 bedroom price: from 5.4 million
Brand New | 57 Stories | 481 Units | Spring 2021 Closing Studio price: from $675,000 1-bedroom price: from $930,000 2-bedroom price: from $1.25 million 3 bedroom price: from 1.9 million 4-bedroom price: from 3.4 million
The first quarter 2020 housing price report is finally out, and this time the focus will be on the period after February, as the February-March data is generally said to be the indicator of the next year's housing prices in New York. The direction of real estate in the beginning of spring can be inferred by observing February and March to a large extent.If you are interested in reading last quarter's...