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: Monthly Market Snapshot
March 2018
Contracts signed dropped annually in March for both product types, with condos seeing a larger decline. Condo pricing metrics were up, with both average and median price increasing, while co-op pricing metrics were all down annually.
Listed inventory continued to rise, with co-ops seeing almost four times the annual increase of condos. Days on market increased for condos, reaching the second highest point in the last twelve months; meanwhile days on market for co-ops declined. Negotiability increased for both product types annually, as sellers competed with newly listed inventory.
Please do not hesitate to reach out if you have any questions about the Monthly Market Snapshot 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 917-921-8002 or email at Stacey.Pashcow@corcoran.com.
Regards,
Stacey
Recent News
Surreal Estate: Citizen Carnal
Avenue Magazine
Our listing at 137 Riverside Drive, Apt. 3B was mentioned in Avenue Magazine's feature about William Randolph Hearst's multiple luxury residences in NYC.
Read the entire article here.
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