This report uses market-wide data based on transactions that closed in the Fourth Quarter 2014 (October 1 through December 31st) and compares it to closings that took place last quarter and during the same quarter last year. Closings typically occur eight to twelve weeks after a contract is signed in the resale market but can occur several years later for new developments. For that reason, the sales activity discussed trails actual market conditions.
Key findings of the current report:
· Inventory challenges. Inventory has grown by 20% since last year, but almost entirely on (2 comments)
market data: For Manhattan Buyers: Negotiating 101
- 12/27/12 09:35 PM
For Buyers: Negotiating 101 Some important questions to ask your agent and why you should ask them* Property Specific: How long has the property been on the market? Why: The length of time a property has been on the market may indicate the seller's willingness to negotiate. Have there been any price reductions during the listing period?Why: The amount of any price reduction, as it relates to the overall purchase price, may indicate the seller's desire to attract an offer. Have there been any other offers on the property? Why: It will be helpful to know what offers have been turned down (74 comments)
market data: Manhattan Market Report -3rd Quarter 2011
- 10/04/11 12:44 PM
The prices are boring, but the volume is exciting - 3,750 sales marketwide This report uses market-wide data based on transactions that closed in the Third Quarter 2011 (July 1 through September 30) and compares it to closings that took place last quarter and during the same quarter one year ago. Closings typically occur eight to twelve weeks after a contract is signed; for that reason, the sales activity charted here trails actual market conditions.
With strong sales, lower inventory and steady price growth, the residential real estate market showed signs of continued improvement. Third Quarter 2011 recorded the highest number of (3 comments)