THREE LINCOLN CENTER CONDO MARKET REPORT
JULY 2015
Based on this sales report of 3 Lincoln Center, we see a lot of positive signs of a healthy
Real Estate market. The average days on market has decreased, a sign that buyer demand is still alive and well. Negotiability from the List Price to the final Closed Price has remained relatively the same, around 3%. Taking into consideration that prices have increased the last
year and negotiability remaining the same is a sign of continued demand.
At Three Lincoln Center Condo, For the Average Price per square Foot figures are always not as straight forward, as you need to analyze specific layouts within each segment of the building to really see the performance. But overall, prices have increased since 2014.
We like to track the new construction condominium market inventory, as many area in New York are
seeing large increases of supply due to new condominiums coming to market. In the Upper West Side,
we are seeing several rental buildings converted into condominiums, and a few new buildings in the development, but not going to come to market for at least another year. This is a good indicator that supply should remain relatively consistent.
I am Morgan Evans and also condo owners and residents of the Upper West side. I have deep understanding the neighborhood and condominium market, and have a proven track-record for specializing in the sales of condominium units.
http://3lincolncentercondo.com/three-lincoln-center-160-w66-condo-news/
http://3lincolncentercondo.com/three-lincoln-center-summer-2015-market-report/
If you are interested in a more detailed analysis of your apartment, contact us for a no obligation
discussion. Call or text us at (917)837-8869 today.
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