Deanna Kory, Licensed Associate Real Estate Broker, The Corcoran Group
660 Madison Avenue, New York, NY 10065
Email: dek@corcoran.com
Phone: (212) 937-7011
Just Released:
1st Quarter 2017 Manhattan Corcoran Report
The first quarter often sets the tone for the rest of the year and this quarter proved the Manhattan market is off to a positive start in 2017. Contract activity increased year-over-year for the first time in six quarters, registering a 3% increase versus First Quarter 2016 and a 5% increase versus last quarter.
In First Quarter 2017, buyer and seller expectations continued to adjust, as buyers who chose to hold off on purchasing in 2016 came back into the market. At the same time, many sellers adjusted to current market conditions and prices in order to sell their properties. These factors worked in tandem to fuel improved activity in the early part of this year
Please do not hesitate to reach out if you have any questions about the 1st Quarter Manhattan Corcoran Report or the Manhattan market in general. I welcome the opportunity to be of assistance to you. If you're interested in a confidential evaluation of your property I would be happy to help. Please call me at 212-937-7011 or email at dek@corcoran.com.
Regards,
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