What is happening this week in the NYC Real Estate Market?
19 contracts signed in Manhattan at $4M and above in the last 7 days. Data pulled from Resource douglaselliman.
Below are the top two contracts signed in Manhattan.
825 Fifth Avenue Residence 15
$34,750,000
111 West 56th Street Penthouse C
$14,950,000
What does this mean?
Realistic sellers will get deals done and sellers with unrealistic pricing will continue to linger on the market.
Once your property has been listed-you must listen to the market as you will instantly get feedback on where your property is priced.
It remains a buyers market where aggressive cash deals are getting pushed through.
Please reach out with any questions-always happy to discuss the current opportunities in the market!
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